[Adopted 5-24-1995 by Ord. No. 1251]
No insurance company authorized to issue fire insurance policies in
the State of New Jersey shall pay to a claim and any claim in excess of $2,500
for fire damages on any real property located within the Borough of Glen Rock
pursuant to any fire insurance policy issued or renewed after the adoption
of this article and the filing of this article with the State Commissioner
of Insurance until such time as all taxes, assessments and all other municipal
liens or charges due and payable, appearing on the official Certificate of
Search for Municipal Liens pursuant to N.J.S.A. 54:5-12, shall have been paid
either by the owner of such property or by the insurance company.