No claims company shall pay a claimant in excess of $2,500 for
fire damage on any real property within the municipality pursuant
to any fire insurance policy issued or renewed after the adoption
of this chapter and after the filing of this chapter with the State
Commissioner of Insurance, until such time as anticipated that demolition
costs and all taxes and assessments and all other municipal liens
or charges due and payable appearing on the official certificate of
search of the Township have been paid, either by the owner of such
real property or by the insurance company or the municipality enters
into an agreement pursuant to N.J.S.A. 54:5-19.