Insuring of Industrial Mortgages | Midpage

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Regulations of Connecticut State Agencies

32-13

Insuring of Industrial Mortgages

Connecticut Industrial Building Commission

32-13-1Application and fees 32-13-2Commitment or unacceptance 32-13-3Covenant for fire and other hazard insurance 32-13-4Other covenants 32-13-5Accumulation of accruals 32-13-6Application of payments 32-13-7Prepayment and late charges 32-13-8Servicing by mortgagee 32-13-9Eligibility of property 32-13-10Certification of cost requirements 32-13-11Adjustment resulting from cost certification 32-13-12Eligibility of title 32-13-13Title evidence 32-13-14Premium 32-13-15Form of insurance contract 32-13-16Defaults 32-13-17Notice 32-13-19aProcedure by mortgagee on default 32-13-20aEligibility for insurance payments 32-13-21Protection of mortgage security 32-13-22Assignment of insured mortgages 32-13-23No vested right 32-13-24Amendments not to change contractual rights 32-13-25Application for insurance 32-13-26Commitments 32-13-27Covenant of debtor re insurance 32-13-28Covenant of debtor re repairs and statements 32-13-29Security agreement provisions for payment by debtor 32-13-30Single payment on due date 32-13-31Prepayment. Late charges 32-13-32Service of insured loans by secured parties 32-13-33Requirements re insured equipment 32-13-34Requirements of commitment 32-13-35Limitation on commitment 32-13-36Title of equipment to be vested in debtor 32-13-37Documents to be furnished prior to insurance 32-13-38Premium payments 32-13-39Execution of insurance contract 32-13-40Debtor's default 32-13-41Notice of default to commission 32-13-42Procedure on default 32-13-43Payment of insurance 32-13-44Inspections by secured party. Care and insuring of property against damage 32-13-45Transfer of mortgage 32-13-46Secured party and debtor to have no right in industrial building mortgage insurance fund 32-13-47Effect of regulation amendment