§ 203.362. Conditions for withdrawal of application for insurance benefits.
83 words·~1 min read·
/us/cfr/t24/s§ 203.362·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
With the consent of the Commissioner, a mortgagee may withdraw an application for insurance benefits if the mortgagee agrees that it will:
(a)Accept a reconveyance of the property under a deed which warrants against the acts of the Commissioner and all claiming by, through, or under him; and
(b)Promptly file a reconveyance for record; and
(c)Accept without continuation the title evidence which it furnished the Commissioner; and
(d)Reimburse the Commissioner for property expenditures as set forth in § 203.364.