Common use of No Encroachments Clause in Contracts

No Encroachments. All of the improvements which were included for the purpose of determining the appraised value of the Mortgaged Property lie wholly within the boundaries and building restriction lines of such property, and no improvements on adjoining properties encroach upon the Mortgaged Property;

Appears in 9 contracts

Samples: Sale and Servicing Agreement (Bcap LLC), Sale and Servicing Agreement (Hsi Asset Securitization Corp), Sale and Servicing Agreement (Painewebber Mortgage Acceptance Corporation Iv)

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No Encroachments. All of the improvements which were included for the purpose of considered in determining the appraised value Appraised Value of the Mortgaged Property lie wholly within the boundaries and building restriction lines of such propertythe Mortgaged Property, and no improvements on adjoining properties encroach upon the Mortgaged Property;. No improvement located on or being part of the Mortgaged Property is in violation of any applicable zoning and building law, ordinance or regulation.

Appears in 1 contract

Samples: Loan and Security Agreement (Aames Financial Corp/De)

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No Encroachments. All of the improvements which were are included for the purpose of determining the appraised value of the Mortgaged Property lie wholly within the boundaries and building restriction lines of such property, property and no improvements on adjoining properties encroach upon the Mortgaged Property;Properly, unless a title insurance policy is in effect which insures against loss from any such encroachments.

Appears in 1 contract

Samples: Mortgage Loan Warehousing and Security Agreement (Finantra Capital Inc)

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