CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES Sample Clauses

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans................................. Section 2.02 Acceptance of REMIC I by Trustee.............................
AutoNDA by SimpleDocs
CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans................................. Section 2.02 Acceptance of the Trust Fund by Trustee......................
CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. 2.01. Conveyance of Mortgage Loans........................................61 2.02. Acceptance of REMIC I by Trustee....................................65 2.03. Mortgage Loan Seller's and Additional Warranting Party's Repurchase of Mortgage Loans for Document Defects and Certain Breaches of Representations and Warranties..............67 2.04. Representations and Warranties of the Sponsor.......................69 2.05. Representations and Warranties of the Mortgage Loan Seller and the Additional Warranting Party.....................................70 2.06. Representations and Warranties of the Master Servicer...............84 2.07. Representations and Warranties of the Trustee.......................86 2.08. Issuance of the Class R-I Certificates; Creation of the REMIC I Regular Interests...........................................87 2.09. Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by the Trustee.............................................88 2.10. Issuance of the Class R-II Certificates; Creation of the REMIC II Regular Interests..........................................88 2.11. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee............................................88 2.12. Issuance of the REMIC III Certificates..............................88
CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. SECTION 2.01 Conveyance of Trust Mortgage Loans...........................................................117 SECTION 2.02 Acceptance of the Trust Fund by Trustee......................................................120 SECTION 2.03 Mortgage Loan Seller's Repurchase or Substitution of Trust Mortgage Loans for Document Defects and Breaches of Representations and Warranties....................................122 SECTION 2.04 Representations and Warranties of Depositor..................................................126 SECTION 2.05 Conveyance of Loan REMIC Regular Interests and REMIC I Regular Interests; Acceptance of Loan REMIC, REMIC I, REMIC II and Grantor Trusts by Trustee...............................128 SECTION 2.06 Issuance of Loan REMIC Interests and REMIC I Interests.......................................128 SECTION 2.07 Execution, Authentication and Delivery of REMIC II Certificates..............................128 SECTION 2.08 Execution, Authentication and Delivery of Class Y and Class A-MFL Certificates...............129 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND
CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 Creation of Trust; Conveyance of Mortgage Loans.............. Section 2.02 Acceptance of Trust Fund by Trustee.......................... Section 2.03 Repurchase of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.................. Section 2.04 Representations, Warranties and Covenants of the Depositor...
CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. 2.01 Conveyance of Mortgage Loans 2.02 Acceptance of REMIC I by Trustee 2.03 Mortgage Loan Seller's Repurchase of Mortgage Loans for Document Defects and Certain Breaches of Representations and Warranties 2.04 Representations and Warranties of the Depositor 2.05
CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. SECTION 2.01 Conveyance of Mortgage Loans and Loan REMIC Interests....
AutoNDA by SimpleDocs
CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. SECTION 2.01. Creation of Trust; Conveyance of Mortgage Loans............................... 88 SECTION 2.02. Acceptance of Trust Fund by Trustee........................................... 91 SECTION 2.03. Repurchase of Mortgage Loans for Document Defects and Breaches of Representations and Warranties............................................. 92 SECTION 2.04. Representations, Warranties and Covenants of the Depositor.................... 98 SECTION 2.05. Acceptance of Grantor Trust Assets by Trustee; Issuance of the Class V Certificates...............................................................
CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. 63 SECTION 2.01. Conveyance of Mortgage Loans....................................... 63 SECTION 2.02. Acceptance of the Trust Fund by Trustee............................ 65 SECTION 2.03. Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties..................................................... 66 SECTION 2.04. Representations and Warranties of Depositor........................ 69 SECTION 2.05. Execution, Authentication and Delivery of Class R-I Certificates; Creation of REMIC I Regular Interests................ 70 SECTION 2.06. Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee................................................ 71 SECTION 2.07. Execution, Authentication and Delivery of Class R-II Certificates....................................................... 71 SECTION 2.08. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by Trustee............................................... 71 SECTION 2.09. Execution, Authentication and Delivery of REMIC III Certificates....................................................... 71 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND................................ 72 SECTION 3.01. Administration of the Mortgage Loans............................... 72 SECTION 3.02. Collection of Mortgage Loan Payments............................... 73 SECTION 3.03. Collection of Taxes, Assessments and Similar Items; Servicing Accounts; Reserve Accounts......................................... 76 SECTION 3.04. Certificate Account, Interest Reserve Account and Distribution Account............................................................ 80 SECTION 3.05. Permitted Withdrawals From the Certificate Account, Interest Reserve Account and the Distribution Account....................... 83 SECTION 3.06. Investment of Funds in the Servicing Accounts, the Reserve Accounts, the Certificate Account, the Distribution Account and the REO Account.................................................... 88 SECTION 3.07. Maintenance of Insurance Policies; Errors and Omissions and Fidelity Coverage.................................................. 90 SECTION 3.08. Enforcement of Alienation Clauses.................................. 92
CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 Creation of Trust; Conveyance of Mortgage Loans..........
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!