Common use of Occupancy of Mortgaged Property Clause in Contracts

Occupancy of Mortgaged Property. Except with respect to Business Purpose Loans or Eligible Delinquent Loans, the occupancy status of the Mortgaged Property is in accordance with the Agency Guidelines; 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 and fire underwriting certificates, have been made or obtained from the appropriate authorities.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.)

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Occupancy of Mortgaged Property. Except with respect to Business Purpose Loans or Eligible Delinquent Loans, the The occupancy status of the Mortgaged Property is in accordance with the Agency applicable Underwriting Guidelines; all . 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 and fire underwriting certificates, have been made or obtained from the appropriate authorities.

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

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Occupancy of Mortgaged Property. Except with respect to Business Purpose Loans or Eligible Delinquent Loans, the The occupancy status of the Mortgaged Property is in accordance with the Agency Guidelines; all . 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 and fire underwriting certificates, have been made or obtained from the appropriate authorities.

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

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