Mortgaged Property Undamaged; No Condemnation. As of the Funding Date, the related Mortgaged Property or the Cooperative Project, as applicable, is free of material damage and waste and there is no proceeding pending for the total or partial condemnation thereof;
Appears in 7 contracts
Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-3), Servicing Agreement (Mortgage Pass-Through Certificates Series 2003-37a), Servicing Agreement (Structured Asset Sec Mort Pass THR Cert Series 2001-21a)
Mortgaged Property Undamaged; No Condemnation. As of the Funding Date, the related Mortgaged Property or (and with respect to a Cooperative Loan, the related Cooperative Project, as applicable, Project and Cooperative Unit) is free of material damage and waste and there is no proceeding pending for the total or partial condemnation thereof;
Appears in 5 contracts
Samples: Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2007-1), Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2007-2), Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2007-3)
