Flood Insurance. If the improvements on the Mortgaged Property are located in a federally designated special flood hazard area, the Mortgagor is required to maintain or the mortgagee maintains, flood insurance with respect to such improvements and such policy is in full force and effect.
Appears in 18 contracts
Samples: Mortgage Loan Purchase Agreement (Citigroup Commercial Mortgage Trust 2008-C7), Mortgage Loan Purchase Agreement (Citigroup Commercial Mortgage Trust 2008-C7), Loan Purchase Agreement (GS Mortgage Securities Trust 2006-Gg6)
Flood Insurance. If the improvements on the Mortgaged Property are located in a federally designated special flood hazard area, the Mortgagor is required to maintain or the mortgagee maintains, flood insurance with respect to such improvements and such policy is in full force and effect.
Appears in 6 contracts
Samples: Mortgage Loan Purchase Agreement (GS Mortgage Securities Trust 2011-Gc5), Security Agreement (Ares Commercial Real Estate Corp), Master Repurchase Agreement (RAIT Financial Trust)
