Common use of Status of Property Clause in Contracts

Status of Property. () No portion of the Improvements is located in an area identified by the Secretary of Housing and Urban Development or any successor thereto as an area having special flood hazards pursuant to the National Flood Insurance Act of 1968 or the Flood Disaster Protection Act of 1973, or the National Flood Insurance Reform Act of 1994, as each may be amended, or any successor law, or, if any portion of the Improvements is now or at any time in the future located within any such area, Borrower has obtained and will maintain the insurance prescribed in Section 3.3 hereof.

Appears in 7 contracts

Samples: Mortgage and Security Agreement (Pennsylvania Real Estate Investment Trust), Mortgage and Security Agreement (Pennsylvania Real Estate Investment Trust), Mortgage and Security Agreement (Pennsylvania Real Estate Investment Trust)

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Status of Property. () No portion of the Improvements is located in an area identified by the Secretary of Housing and Urban Development or any successor thereto as an area having special flood hazards pursuant to the National Flood Insurance Act of 1968 or the Flood Disaster Protection Act of 1973, or the National Flood Insurance Reform Act of 1994, as each may be amended, or any successor law, or, if any portion of the Improvements is now or at any time in the future located within any such area, Borrower Grantor has obtained and will maintain the insurance prescribed in Section 3.3 hereof.

Appears in 2 contracts

Samples: Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Sirius Xm Radio Inc.), Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Sirius Xm Radio Inc.)

Status of Property. () No portion of the Improvements is located in an area identified by the Secretary of Housing and Urban Development or any successor thereto as an area having special flood hazards pursuant to the National Flood Insurance Act of 1968 or the Flood Disaster Protection Act of 1973, or the National Flood Insurance Reform Act of 1994, as each may be amended, or any successor law, or, if any portion of the Improvements is now or at any time in the future located within any such area, Borrower Grantor has obtained and will maintain the insurance prescribed in Section 3.3 hereof.

Appears in 1 contract

Samples: Indemnity Deed of Trust and Security Agreement (Pennsylvania Real Estate Investment Trust)

Status of Property. (a) No portion of the The Land and Improvements is are not located in an area identified by the Secretary of Housing and Urban Development Development, or any successor thereto successor, as an area having special flood hazards pursuant to the National Flood Insurance Act of 1968 or 1968, the Flood Disaster Protection Act of 1973, or the National Flood Insurance Reform Act of 1994, as each have been or may be amended, or any successor lawlaw (collectively, the “Flood Acts”) or, if any portion of the Improvements is now or at any time in the future located within any such area, Borrower has obtained and will maintain the insurance prescribed in Section 3.3 hereof.3.06

Appears in 1 contract

Samples: Agreement of Spreader, Consolidation, and Modification of Mortgage and Security

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Status of Property. (a) No portion of the The Land and Improvements is are not located in an area identified by the Secretary of Housing and Urban Development Development, or any successor thereto successor, as an area having special flood hazards pursuant to the National Flood Insurance Act of 1968 or 1968, the Flood Disaster Protection Act of 1973, or the National Flood Insurance Reform Act of 1994, as each have been or may be amended, or any successor lawlaw (collectively, or, if any portion of the Improvements is now or at any time in the future located within any such area, Borrower has obtained and will maintain the insurance prescribed in Section 3.3 hereof.“Flood

Appears in 1 contract

Samples: Mortgage and Security Agreement (Eagle Hospitality Properties Trust, Inc.)

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