With the aforementioned sales activity, that risk would be concerning.You wouldn't be able to enforce the contract terms of missing 3 payments and surrendering the property.  

You could surrender the policy, get your money back and you would have enjoyed the security of the insurance for the previous 5 years.

We have been using my own home but have literally run out of space and are having to turn surrenders away.

Except in case of emergency or unless it is impracticable to do so, the landlord shall give the tenant at least two (2) days' notice of his intent to enter and may enter only at reasonable times. (4) A landlord has no other right of access except: (a) Pursuant to court order; (b) As permitted by KRS 383.665 and 383.670(2); or (c) Unless the tenant has abandoned or surrendered the premises.

Don't surrender an advantage.

On my Certificate of Disbursements the money went to the foreclosed and this is the one with the assignment. and the one that said satisfied is the bank that i see as the second "upon that certain property situated in said state and County Herby acknowledges full payment and satisfaction of said mortgage, and surrenders the same as canceled ,and herby directs the clerk of the Circuit Court to cancel the same of record .maybe just to take it of record ?

They then told me that they had surrendered the property to the bank a few years back.

There are legal processes that must be followed, but the bottom line is the lender has a very big stick.Lenders are not generally inclined to have the borrower surrender the property.

according to the Non-Residential/Residential Landlord and Tenant  ActsIf  a  tenant  abandons,  surrenders  possession  of,  or  is  evicted  from  nonresidential  rental  property  and  leaves  goods,  furnishings,  fixtures,  or  any  other  personal  property  on  the  premises  of  the nonresidential  rental  property,  the  landlord  may  take  possession  of  the  personal  property  ten  (10) days  after  the  tenant  receives  personal  service  of  notice  or  fifteen  (15)  days  after  notice  is  mailed, whichever  is  latest,  and  if  the  personal  property  has  no  ascertainable  or  apparent  value,  the  landlord may  dispose  of  the  personal  property  in  a  reasonable  commercial  manner.  

Freddie and Fannie do not want a package of mobile homes even if the title has been surrendered to the land, same as a regular home.If you can figure out the rubic's cube to get a 20-30 year fixed rate loan please let me know.