Common use of Conditions for Releases of Mortgaged Property Clause in Contracts

Conditions for Releases of Mortgaged Property. Except in connection with Mortgage Loans that are cross-collateralized and Mortgage Loans that are secured by more than one Mortgaged Property, the Mortgage Loan does not require the Mortgage Loan Seller to release any portion of the related Mortgaged Property from the lien of the related Mortgage except upon (A) payment in full of all amounts due under the related Mortgage Loan, (B) releases of unimproved out-parcels, (C) releases of portions of the Mortgaged Property that will not have a material adverse effect on the adequacy of the remaining collateral for the Mortgage Loan or (D) substitution of government securities for such Mortgaged Property in a defeasance complying with Treasury Regulations Section 1.860G-2(a)(8).

Conditions for Releases of Mortgaged Property. Except in connection with Mortgage Loans that are cross-collateralized and certain Mortgage Loans that are secured by more than one Mortgaged Property, the no Mortgage Loan does not require allows the Mortgage Loan Seller to release any portion of the related Mortgaged Property from the lien of the related Mortgage except upon (A) payment in full of all amounts due under the related Mortgage Loan, (B) releases of unimproved out-parcels, (C) releases of portions of the Mortgaged Property that will not have a material adverse effect on the adequacy of the remaining collateral for the related Mortgage Loan or (D) substitution of government securities for such Mortgaged Property in a defeasance complying with Treasury Regulations Section 1.860G-2(a)(8ss.1.860G-2(a)(8).

Conditions for Releases of Mortgaged Property. Except in connection with Mortgage Loans that are cross-collateralized and Mortgage Loans that are secured by more than one Mortgaged Property, the no Mortgage Loan does not require requires the Mortgage Loan Seller to release any portion of the related Mortgaged Property from the lien of the related Mortgage except upon (A) payment in full of all amounts due under the related Mortgage Loan, (B) releases of unimproved out-parcels, (C) releases of portions of the Mortgaged Property that will not have a material adverse effect on the adequacy of the remaining collateral for the related Mortgage Loan or (D) substitution of government securities for such Mortgaged Property in a defeasance complying with Treasury Regulations Section 1.860G-2(a)(8Regulationsss.1.860G-2(a)(8).