Common use of Rebuildability Clause in Contracts

Rebuildability. If Borrowing Base Properties involve legal non-conforming use, confirms that, in the event of casualty, the Borrowing Base Properties may be rebuilt substantially in its current form (i.e., no loss of square footage, same building footprint) upon satisfaction of stated conditions and/or limitations. • Subdivision Endorsement. • Doing Business Endorsement. • Deletion of Arbitration Endorsement. • Separate Tax Lot Endorsement. • Street Address Endorsement • Contiguity Endorsement. • Variable Rate Endorsement. • Mortgage Recording Tax Endorsement. • Any of the following endorsements customary in the state in which the Borrowing Base Properties are located or as required by the nature of the transaction: Tie-In Endorsement for Multiple Policies (including the policies for the other Borrowing Base Properties) Mortgage Assignment Endorsement First Loss Endorsement Blanket Un-located Easements Endorsement