Flood. If the Real Property is located in a special flood hazard area (that is, an area within the 100-year floodplain) according to the most current flood insurance rate map issued by the Federal Emergency Management Agency and if flood insurance is available, the Borrower shall maintain flood insurance coverage on all insurable elements of Real Property and of all tangible Personal Property.
Appears in 7 contracts
Samples: Mortgage, Security Agreement (Sanfilippo John B & Son Inc), Security Agreement (NNN Apartment REIT, Inc.), Sanfilippo John B & Son Inc
Flood. If the Real Property is located in a special flood hazard area (that is, an area within the 100-year floodplain) according to the most current flood insurance rate map issued by the Federal Emergency Management Agency and if flood insurance is available, the Borrower Mortgagor shall maintain flood insurance coverage on of all insurable elements of Real Property and of all tangible Personal Property.
Appears in 2 contracts
Samples: Mortgage and Security Agreement (Reckson Associates Realty Corp), Mortgage and Security Agreement (Corporate Office Properties Trust)