Common use of Tax Parcels Clause in Contracts

Tax Parcels. Each Mortgaged Property constitutes one or more complete separate tax lots or is subject to an endorsement under the related Title Policy insuring same, or in certain instances an application has been made to the applicable governing authority for creation of separate tax lots, which shall be effective for the next tax year.

Tax Parcels. Each Mortgaged Property constitutes one or more complete separate tax lots or is subject to an endorsement under the related Title Policy insuring same, or in certain instances an application has been made to the applicable governing authority for creation of separate tax lots, in which shall be effective case the Mortgage Loan requires the Borrower to escrow an amount sufficient to pay taxes for the next existing tax yearparcel of which the Mortgaged Property is a part.

Tax Parcels. Each Mortgaged Property constitutes one or more complete separate tax lots or is subject to an endorsement under the related Title Policy insuring same, or in certain instances an application has been made to the applicable governing authority for creation of separate tax lots, lots which shall be effective for the next tax year.

Tax Parcels. Each Mortgaged Property constitutes one or more complete separate tax lots containing no other property, or is subject to an endorsement under the related Title Policy insuring same, or in certain instances an application has been made to for the creation of separate tax lots complying in all respects with the applicable laws and requirements of the applicable governing authority for creation of has been made and approved by the applicable governing authority and such separate tax lots, which lots shall be effective for the next tax year.

Tax Parcels. Each Mortgaged Property either (i) constitutes one or more complete separate tax lots containing no other property or (ii) is subject to an endorsement under the related Title Policy lender title policy insuring same, same or in certain instances (iii) an application has been made to for the creation of separate tax lots complying in all respects with the applicable laws and requirements of the applicable governing authority for creation of has been made and approved by the applicable governing authority and such separate tax lots, which lots shall be effective for the next tax year.

Tax Parcels. Each Mortgaged Property constitutes one or more complete separate tax lots or is subject to an endorsement under the related Title Policy insuring same, or in certain instances an application has been made to the applicable governing authority for creation of separate tax lots, in which shall be effective case the Mortgage Loan requires the Mortgagor to escrow an amount sufficient to pay taxes for the next existing tax yearparcel of which the Mortgaged Property is a part.

Tax Parcels. Each Mortgaged Property constitutes one or more complete separate tax lots or is the subject to of an endorsement under the related Title Policy insuring same, or in certain instances an application has been made to the applicable governing authority for creation of separate tax lots, which lots and such application has been approved and such separate tax lots shall be effective for the next tax year.

Tax Parcels. Each Mortgaged Property constitutes one or more complete separate tax lots or is subject to an endorsement under the related Title Policy insuring same, or in certain instances an application has been made to the applicable governing authority for creation of separate tax lots, which lots and such application has been approved and such separate tax lots shall be effective for the next tax year.

Tax Parcels. Each Mortgaged Property constitutes one or more complete separate tax lots or containing no other property, is subject to an endorsement under the related Title Policy insuring same, same or in certain instances an application has been made to for the creation of separate tax lots complying in all respects with the applicable laws and requirements of the applicable governing authority for creation of has been made and approved by the applicable governing authority and such separate tax lots, which lots shall be effective for the next tax year.

Tax Parcels. Each The Mortgaged Property either (i) constitutes one or more complete separate tax lots containing no other property or (ii) is subject to an endorsement under the related Title Policy lender title policy insuring same, same or in certain instances (iii) an application has been made to for the creation of separate tax lots complying in all respects with the applicable laws and requirements of the applicable governing authority for creation of has been made and approved by the applicable governing authority and such separate tax lots, which lots shall be effective for the next tax year.

Tax Parcels. Each Mortgaged Property constitutes one or more complete separate tax lots containing no other property, or is subject to an endorsement under the related Title Policy insuring same, or in certain instances an application has been made to for the creation of separate tax lots complying in all respects with the applicable laws and requirements of the applicable governing authority for creation of separate has been made and approved by the applicable governing authority and such tax lots, which lots shall be effective for the next tax year.. SCHEDULE A TO EXHIBIT 2 Exceptions to Representations and Warranties

Tax Parcels. Each Mortgaged Property constitutes one or more complete separate tax lots containing no other property, or is subject to an endorsement under the related Title Policy insuring same, or in certain instances an application has been made to for the creation of separate tax lots complying in all respects with the applicable laws and requirements of the applicable governing authority for creation of separate has been made and approved by the applicable governing authority and such tax lots, which lots shall be effective for the next tax year.