Assignments and Related Matters. Only if (A) expressly required by Applicable Requirements, (B) determined by the MSR Owner to be advisable after reasonable consultation with the applicable servicer or subservicer, then at the MSR Owner’s prior written direction or (C) nominal title is held in Subservicer’s name (or the name of an affiliate of Subservicer), the Subservicer shall, at its expense and in compliance with all Applicable Requirements in all material respects, (i) prepare and record or cause to be prepared and recorded, as required by the applicable Agency, all prior intervening Assignments of Mortgage Instruments related to the Defended Loans; (ii) prepare or cause to be prepared Assignments of Mortgage Instruments from Subservicer to MSR Owner related to the Defended Loans; and (iii) endorse or cause to be endorsed the Mortgage Notes in blank without recourse or as otherwise required by the applicable Agency. Subservicer shall deliver to the Document Custodian all original recorded Assignments of Mortgage Instruments for the related Defended Loans promptly upon receipt of same from the applicable recording office or otherwise. In respect of any Defended Loans which are MERS Mortgage Loans, only if (A) expressly required by Applicable Requirements, (B) determined by the MSR Owner to be advisable after reasonable consultation with the applicable servicer or subservicer, then at the MSR Owner’s prior written direction, the Subservicer shall, at the Subservicer’s expense and in compliance with all Applicable Requirements and Accepted Servicing Practices or (C) if nominal title is held in Subservicer’s name (or the name of an affiliate of Subservicer), Subservicer shall, at Subservicer’s expense, take such actions as are necessary to cause MSR Owner to be clearly identified as the servicer of each such MERS Mortgage Loan on the records of MERS for purposes of the system of recording transfers of servicing of mortgage loans maintained by MERS and make such other changes to the applicable MERS registration information as is required under Applicable Requirements. MSR Owner shall accept any such transfer of servicer or beneficial interest initiated by Subservicer within the MERS system. If requested by MSR Owner, Subservicer will register with MERS any Defended Loan that is a Non-MERS Mortgage Loan as of the related Agency Delivery Date (and eligible to be a MERS Mortgage Loan), in MSR Owner’s name. The MSR Owner will bear any and all costs and expenses associated with the MERS regist...
Assignments and Related Matters. Seller shall, in accordance with all Applicable Requirements, utilize MERS in order to assign nominal title to the Mortgage Instruments to Purchaser; to prepare and record or cause to be prepared and recorded, as required by the applicable Investor, all prior intervening Assignments of Mortgage Instruments and all Assignments of Mortgage Instruments from Seller to Purchaser and from Purchaser to the applicable Investor; and to endorse or cause to be endorsed, as appropriate, the Mortgage Notes to Purchaser without recourse. In connection with the foregoing, Seller shall reimburse Purchaser for the cost of registering each Mortgage Loan with MERS at a rate of $3.00 per Mortgage Loan. Seller shall deliver to Purchaser certified copies of all recorded Assignments of Mortgage Instruments promptly upon receipt of same from the applicable recording offices or otherwise.
Assignments and Related Matters. Subject to the terms set forth in Section 5.01(e) herein, the Seller shall, at its expense and in compliance with all Applicable Requirements and Accepted Servicing Practices within ninety (90) days following the Servicing Transfer Date, (i) prepare and record or cause to be prepared and recorded, as required by the applicable Investor, all prior intervening Assignments of Mortgage Instruments; (ii) prepare or cause to be prepared all Assignments of Mortgage Instruments to the applicable Investor or as otherwise required by the applicable Investor; and (iii) endorse or cause to be endorsed the Mortgage Notes in blank without recourse or as otherwise required by the applicable Investor. Subject to the terms set forth in Section 5.01(e) herein, the Seller shall deliver to the Document Custodian all original recorded Assignments of Mortgage Instruments, with an image of the same delivered to the Document Management Vendor or Purchaser (or a recorded copy if the county register does not return an original), promptly upon receipt of the same from the applicable recording office or otherwise.
Assignments and Related Matters. With respect to each Mortgage Loan which is not a MERS Mortgage Loan, the Seller shall, at its expense and in compliance with all Applicable Requirements and Accepted Servicing Practices within ninety (90) days of the applicable Servicing Transfer Date, (i) prepare and record or cause to be prepared and recorded, as required by the applicable Investor, any final, and all prior intervening Assignments of Mortgage Instruments, and (ii) endorse or cause to be endorsed the Mortgage Notes in blank without recourse or as otherwise required by the applicable Investor. The Seller shall deliver to the Document Custodian all original recorded Assignments of Mortgage Instruments, with an image of the same delivered to the Document Management Vendor or Purchaser (or a recorded copy if the county register does not return an original), promptly upon receipt of the same from the applicable recording office or otherwise. The Seller shall, at the Seller’s expense and within five (5) Business Days of the applicable Servicing Transfer Date, take such actions as are necessary to cause the Purchaser to be clearly identified as the servicer of each MERS Mortgage Loan on the records of MERS for purposes of the system of recording transfers of servicing of mortgage loans maintained by MERS and make such other changes to the applicable MERS registration information as is required under Applicable Requirements. The Purchaser shall accept any such transfer of servicer initiated by the Seller within MERS.
Assignments and Related Matters. Seller shall, at its expense and in accordance with all Applicable Requirements, (i) for each Mortgage Loan registered with MERS, follow the requirements of the Investors and MERS to reflect in the records of MERS the transfer of the servicing from Seller to Purchaser and (ii) for each Mortgage Loan not registered with MERS, (A) prepare and record, or cause to be prepared and recorded, in each case as required by the Investors, all Assignments of Mortgages from Seller to Purchaser and all prior intervening assignments; and (C) endorse or cause to be endorsed the Mortgage Notes in blank without recourse or as otherwise required by the Investors. Seller shall deliver to Purchaser or the Document Custodian all original or copies of recorded Assignments of Mortgages promptly upon receipt of same from the applicable recording offices or otherwise.
Assignments and Related Matters. If any Mortgage Loans are not already registered on MERS, Seller shall, at Purchaser’s expense and in accordance with all Applicable Requirements, assign the Mortgages to MERS or, if Purchaser does not intend for the related Mortgage Loan to be registered with MERS, to Purchaser; prepare and record or cause to be prepared and recorded, as required by the Xxxxxx Xxx, all prior intervening Assignments of Mortgages; prepare and record or cause to be prepared and recorded, as required by the Xxxxxx Xxx, all Assignments of Mortgages from Seller to MERS (or, with respect to each Mortgage Loan that Purchaser does not intend to be registered with MERS, prepare and record or cause to be prepared and recorded all Assignments of Mortgages from Seller to Purchaser and prepare in recordable form but do not record or cause to be prepared in recordable form but not recorded all Assignments of Mortgages from Purchaser to the Xxxxxx Xxx, in each case as required by the Xxxxxx Xxx); and endorse or cause to be endorsed the Mortgage Notes in blank without recourse or as otherwise required by the Xxxxxx Xxx. Seller shall deliver to Purchaser or the Document Custodian all original recorded Assignments of Mortgages promptly upon receipt of same from the applicable recording offices or otherwise. (d)
Assignments and Related Matters. The Seller shall, at its expense and in compliance with all Applicable Requirements, (i) prepare and record or cause to be prepared and recorded, as required by the applicable Investor, all prior intervening Assignments of Mortgage Instruments; (ii) prepare or cause to be prepared all Assignments of Mortgage Instruments to the applicable Investor or as otherwise required by the applicable Investor; and (iii) endorse or cause to be endorsed the Mortgage Notes in blank without recourse or as otherwise required by the applicable Investor. The Seller shall deliver to the Document Custodian all original recorded Assignments of Mortgage Instruments (or a recorded copy if the county register does not return an original) promptly upon receipt of the same from the applicable recording office or otherwise. The Seller shall, at the Seller’s expense, take such actions as are necessary to cause the Purchaser to be clearly identified as the servicer of each Mortgage Loan on the records of MERS for purposes of the system of recording transfers of servicing of mortgage loans maintained by MERS and make such other changes to the applicable MERS registration information as is required under Applicable Requirements. The Purchaser shall accept any such transfer of servicer or beneficial interest initiated by the Seller within MERS.
Assignments and Related Matters. Subject to the terms of the Agreement Commercial Federal Bank shall promptly take such actions as needed to transfer all right, title and interest in and to the related Mortgage Loans to Xxxxx Fargo, including the assignment of the related mortgage instruments to Xxxxx Fargo, and preparing or causing to be prepared and recorded all prior intervening assignments of mortgage instruments. Commercial Federal Bank shall endorse or cause to be endorsed the related mortgage notes according to applicable Investor requirements. If requested by Xxxxx Fargo and subject to the terms of the Agreement, Commercial Federal Bank shall prepare assignments of mortgage from Xxxxx Fargo to the applicable Investor for Xxxxx Fargo’s signature. None of the assignments of mortgage from Commercial Federal Bank to Xxxxx Fargo or from Xxxxx Fargo to the applicable Investor shall be blanket assignments.
Assignments and Related Matters i. Unless otherwise instructed in writing by the Purchaser or the Subservicer, the Seller shall, at the Seller’s expense and in compliance with all Applicable Requirements and Accepted Servicing Practices, (A) prepare and record or cause to be prepared and recorded, as required by the applicable Investor, all prior intervening Assignments of Mortgage Instruments; (B) with respect to Non-MERS Mortgage Loans, prepare or cause to be prepared all Assignments of Mortgage Instruments from the Seller to the Purchaser, and from the Purchaser to the applicable Investor or as otherwise required by Applicable Requirements; and (C) endorse or cause to be endorsed the Mortgage Notes in blank without recourse or as otherwise required by the applicable Investor. The Seller shall deliver images of the foregoing executed documents within [***] days of the applicable Transfer Date. Additionally, the Seller shall deliver images of the foregoing recorded documents within [***] days of recordation and deliver to the related Document Custodian all original recorded Assignments of Mortgage Instruments promptly upon receipt of same from the applicable recording office or otherwise.
