Examples of Impositions and Insurance Reserve in a sentence
Interest shall accrue in favor of the Borrowers on funds in the Impositions and Insurance Reserve.
This Mortgage and the other Loan Documents shall not be construed as creating any rights, claims or causes of action against Mortgagee or any of its officers, directors, agents or employees in favor of any party other than Mortgagor including but not limited to any claims to any sums held in the Impositions and Insurance Reserve or any other Reserves.
Mortgagor shall make monthly deposits into the Impositions and Insurance Reserve of amounts sufficient to pay Impositions and Insurance Premiums in accordance with the terms of Article VI of the Loan Agreement.
This Deed of Trust and the other Loan Documents shall not be construed as creating any rights, claims or causes of action against Beneficiary or any of its officers, directors, agents or employees in favor of any party other than Trustor including but not limited to any claims to any sums held in the Impositions and Insurance Reserve or any other Reserve.
Lender shall have the right to withdraw amounts on deposit in the Impositions and Insurance Reserve Sub-Account to pay (or reimburse any Borrower for repayment of) Impositions and Insurance Premiums in accordance with the Loan Agreement.