Common use of Mortgaged Property Undamaged Clause in Contracts

Mortgaged Property Undamaged. The related Mortgaged Property is free of damage and waste; and there is no proceeding pending for the total or partial condemnation of such Mortgaged Property.

Appears in 4 contracts

Samples: Master Repurchase Agreement and Securities Contract (AmeriHome, Inc.), Electronic Tracking Agreement (Home Point Capital Inc.), Master Repurchase Agreement and Securities Contract (Stonegate Mortgage Corp)

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Mortgaged Property Undamaged. The related Mortgaged Property is free of damage and waste; , and to the Seller’s knowledge, and there is no proceeding pending for the total or partial condemnation of such Mortgaged Property.

Appears in 3 contracts

Samples: Master Repurchase Agreement and Securities Contract (Radian Group Inc), Master Repurchase Agreement and Securities Contract (Radian Group Inc), Master Repurchase Agreement and Securities Contract (Radian Group Inc)

Mortgaged Property Undamaged. The To the best of Seller’s knowledge, the related Mortgaged Property is free of damage and wastewaste that could materially adversely affect the value of the Mortgage Loan; and there is no proceeding pending for the total or partial condemnation of such Mortgaged Property.

Appears in 1 contract

Samples: Master Repurchase Agreement and Securities Contract (Caliber Home Loans, Inc.)

Mortgaged Property Undamaged. The related Mortgaged Property is free of damage and waste; waste and there is no proceeding pending for the total or partial condemnation of such Mortgaged Property.

Appears in 1 contract

Samples: Master Repurchase Agreement and Securities Contract (loanDepot, Inc.)

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Mortgaged Property Undamaged. The related Mortgaged Property is free of damage and waste; and there is are no proceeding proceedings pending for the total or partial condemnation of such Mortgaged Property.

Appears in 1 contract

Samples: Master Repurchase Agreement (loanDepot, Inc.)

Mortgaged Property Undamaged. The To the best of Seller’s knowledge, the related Mortgaged Property is free of damage and waste; and there is no proceeding pending for the total or partial condemnation of such Mortgaged Property.

Appears in 1 contract

Samples: Master Repurchase Agreement and Securities Contract (Caliber Home Loans, Inc.)

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