Property Insurance Deductible. The loan documents permit a property insurance deductible of up to $250,000, or a greater amount if borrower provides lender with cash or a letter of credit in an amount equal to the difference between the actual deductible and $250,000. (iii)
Appears in 3 contracts
Samples: Mortgage Loan Purchase Agreement (Wells Fargo Commercial Mortgage Trust 2018-C48), Mortgage Loan Purchase Agreement (Bank 2018-Bnk15), Mortgage Loan Purchase Agreement (Wells Fargo Commercial Mortgage Trust 2018-C47)
Property Insurance Deductible. The loan documents permit a property insurance deductible of up to $250,000, or a greater amount if borrower provides lender with cash or a letter of credit in an amount equal to the difference between the actual 500,000. The in-place property insurance deductible and is $250,000. (iiiii)
Appears in 2 contracts
Samples: Mortgage Loan Purchase Agreement (Bank 2017-Bnk8), Mortgage Loan Purchase Agreement (Wells Fargo Commercial Mortgage Trust 2017-C40)
Property Insurance Deductible. The loan Loan documents permit a property insurance deductible of up to $250,000, or . The in-place coverage provides for a greater amount if borrower provides lender with cash or a letter of credit in an amount equal to the difference between the actual deductible and $250,000. (iii)50,000 deductible.
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