Common use of REAs Clause in Contracts

REAs. Each of the REAs listed in the Title Insurance Policies is in full force and effect and neither the Borrower that is a party thereto nor, to Borrowers’ knowledge, any other party thereto is in default thereunder, and to the best of Borrowers’ knowledge, there are no conditions which, with the passage of time or the giving of notice, or both, would constitute a default thereunder. Except as set forth in the Title Insurance Policies, no Borrower has modified, amended or supplemented any REA listed in the Title Insurance Policies and, to Borrowers’ knowledge, no predecessor in interest to any Borrower has modified, amended or supplemented any REA listed in the Title Insurance Policies.

REAs. Each of the REAs listed in the Title Insurance Policies is in full force and effect and neither the Borrower that is a party thereto nor, to Borrowers’ knowledge, any other party thereto is in default thereunder, and to the best of Borrowers’ knowledge, there Pool 2 are no conditions which, with the passage of time or the giving of notice, or both, would constitute a default thereunder. Except as set forth in the Title Insurance Policies, no Borrower has modified, amended or supplemented any REA listed in the Title Insurance Policies and, to Borrowers’ knowledge, no predecessor in interest to any Borrower has modified, amended or supplemented any REA listed in the Title Insurance Policies.