Common use of Acceptance of Mortgage Files Clause in Contracts

Acceptance of Mortgage Files. The Custodian, as the duly appointed agent of the Trustee for these purposes, acknowledges receipt of the Mortgage Files relating to the Mortgage Loans identified on the schedule attached hereto (the "Mortgage Files") and declares that it holds and will hold the Mortgage Files as agent for the Trustee, in trust, for the use and benefit of all present and future Certificateholders.

Appears in 40 contracts

Samples: Pooling and Servicing Agreement (Stanwich Asset Acceptance CO LLC), Pooling and Servicing Agreement (Residential Accredit Loans Inc), Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

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Acceptance of Mortgage Files. The Custodian, as the duly appointed agent of the Trustee Owner for these purposes, acknowledges receipt of the Mortgage Files relating to the Mortgage Loans identified on the schedule Schedule A attached hereto (the "Mortgage Files") and declares that it holds and will hold the Mortgage Files as agent for the TrusteeFiles, in trust, for the use and benefit of all present and future CertificateholdersOwners.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Banc of America Funding Corp)

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