The payment to a claimant by any insurance company of any claim
in excess of $2,500 for fire damages on any real property located
within the municipality pursuant to any fire insurance policy issued
or renewed after the adoption of this chapter and after the filing
of said chapter with the State Commissioner of Insurance shall be
prohibited until such time as all taxes and assessments and all other
municipal liens and charges due and payable appearing on the official
certificate of search of the Borough of Roselle shall have been paid
either by the owner of said real property or by the insurance company.