Common use of Occupancy; Inspection Clause in Contracts

Occupancy; Inspection. Other than Loans designated for second homes or investment property, at the time that each Loan was originated, the Borrower represented that the Borrower would occupy the related Mortgage Property as the Borrower’s primary residence, and Seller has no reason to believe that the Mortgaged Property will not be so occupied. As of the Sale Date for refinance transactions, or within sixty (60) days after the Loan closing date for purchase transactions, the Mortgaged Property will be lawfully occupied by the Borrower under Applicable Requirements, other than Loans designated for second homes or investment property. All inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property and, with respect to the use and occupancy of the same, including but not limited to certificates of occupancy, have been made or obtained from the appropriate authorities.

Occupancy; Inspection. Other than Loans designated for second homes or investment property, at the time that each Loan was originated, the Borrower represented that the Borrower would occupy the related Mortgage Property as the Borrower’s primary residence, and Seller has no reason to believe that the Mortgaged Property MortgagedProperty will not be so occupied. As of the Sale Date for refinance transactions, or within sixty (60) days after the Loan closing date for purchase transactions, the Mortgaged Property will be lawfully occupied by the Borrower under Applicable Requirements, other than Loans designated for second homes or investment property. All inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property andPropertyand, with respect to the use and occupancy of the same, including but not limited to certificates of occupancyoccupancy and fireunderwriting certificates, have been made or obtained from the appropriate authorities.

Occupancy; Inspection. Other than Loans designated for second homes or investment property, at the time that each Loan was originated, the Borrower represented that the Borrower would occupy the related Mortgage Property as the Borrower’s primary residence, and Seller has no reason to believe that the Mortgaged Property will not be so occupied. As of the Sale Date for refinance transactions, or within sixty (60) days after the Loan closing date for purchase transactions, the Mortgaged Property will be lawfully occupied by the Borrower under Applicable Requirements, other than Loans designated for second homes or investment property. All inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property and, with respect to the use and occupancy of the same, including but not limited to certificates of occupancyoccupancy and fire underwriting certificates, have been made or obtained from the appropriate authorities.