[Adopted 2-26-80 as Ord. No. 80-11]
If the insurance company does not receive an official certificate of search showing that all taxes, assessments and other municipal liens and charges have been fully paid or a certified copy of the resolution mentioned in §
81-1A(2) of this Article, then the insurance company is hereby authorized and required, prior to payment of any claims for fire damages which are in excess of $2,500 to the owner of property in this town, to pay to the town the amount of the liens appearing on said official certificate and such other recorded liens and related charges as may be certified to the insurance company.
All fire insurance policies covering real property to the town
shall be subject to the provisions of this Article as though fully
set forth in each policy of fire insurance.
The Town Clerk is hereby directed to file a certified copy of
this Article with the New Jersey Commissioner of Insurance immediately
upon adoption.