Common use of Buyer under Deed of Trust Clause in Contracts

Buyer under Deed of Trust. If any Mortgage is a deed of trust, ------------------------- (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2) no fees or expenses are payable to such trustee by the Seller, the Buyer or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Purchased Loan.

Buyer under Deed of Trust. If any Mortgage is a deed of trust, ------------------------- (1a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2b) no fees or expenses are payable to such trustee by the Seller, the Buyer or any transferee thereof except in connection with a trustee's ’s sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Purchased LoanUnderlying Asset.

Buyer under Deed of Trust. If To the extent applicable, if any Mortgage is a deed of trust, ------------------------- (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2) no fees or expenses are payable to such trustee by the Seller, the Buyer or any transferee thereof except in connection with a trustee's ’s sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Purchased Loan.

Buyer under Deed of Trust. If any Mortgage is a deed of trust, ------------------------- (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2) no fees or expenses are payable to such trustee by the Seller, the Buyer or any transferee thereof except in connection with a trustee's ’s sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Purchased Loan.

Buyer under Deed of Trust. If any Mortgage is a deed of trust, ------------------------- (1a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2b) no fees or expenses are payable to such trustee by the Seller, the Buyer or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Purchased LoanUnderlying Asset.

Buyer under Deed of Trust. If any Mortgage is a deed of trust, ------------------------- (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2) no fees or expenses are payable to such trustee by the Seller, the Buyer or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Purchased Loan.

Buyer under Deed of Trust. If any Mortgage is a deed of trust, ------------------------- (1a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2b) no fees or expenses are payable to such trustee by the Seller, the Buyer or any transferee thereof except in connection with a trustee's ’s sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Purchased Loan.

Buyer under Deed of Trust. If any Mortgage is a deed of trust, ------------------------- (1a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2b) no fees or expenses are payable to such trustee by the Seller, the Buyer or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Purchased Loan.

Buyer under Deed of Trust. If any Mortgage is a deed of trust, ------------------------- (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2) no fees or expenses are payable to such trustee by the Seller, the Buyer or any transferee thereof except in connection with a trustee's ’s sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Purchased LoanUnderlying Asset.