Common use of Mortgaged Property Undamaged; No Condemnation Clause in Contracts

Mortgaged Property Undamaged; No Condemnation. As of the Funding Date, the related Mortgaged Property is free of material damage and waste and there is no proceeding pending for the total or partial condemnation thereof;

Appears in 17 contracts

Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-3), Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Cer Se 2002-1a), Servicing Agreement (Structured Asset Securities Corp)

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Mortgaged Property Undamaged; No Condemnation. As To the best of the Seller’s knowledge, as of the applicable Funding Date, the related Mortgaged Property is free of material damage and waste and there is no proceeding pending for the total or partial condemnation thereof;

Appears in 9 contracts

Samples: Servicing Agreement (GSR Mortgage Loan Trust 2007-Ar2), Servicing and Trust Agreement (GSAA Home Equity Trust 2007-9), Servicing Agreement (GSR Mortgage Loan Trust 2006-8f)

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