CONVEYANCE OF THE MORTGAGE COLLATERAL. The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, convey, sell and assign to the Trust, on behalf of the Holders of the Bonds and the Certificates and the Credit Enhancer, without recourse, all its right, title and interest in and to the Mortgage Collateral. The Depositor will also provide the Trust with a Surety Bond. The parties hereto intend that the transaction set forth herein be a sale by the Depositor to the Trust of all of its right, title and interest in and to the Mortgage Collateral. In the event that the trans action set forth herein is not deemed to be a sale, the Depositor hereby grants to the Trust a security interest in all of its right, title and interest in, to and under the Owner Trust Estate, all distributions thereon and all proceeds thereof; and this Trust Agreement shall constitute a security agreement under applicable law.
CONVEYANCE OF THE MORTGAGE COLLATERAL. CERTIFICATES
CONVEYANCE OF THE MORTGAGE COLLATERAL. 5 Section 3.02.
CONVEYANCE OF THE MORTGAGE COLLATERAL. CERTIFICATES Section 3.01.
CONVEYANCE OF THE MORTGAGE COLLATERAL. Section 3.01. Conveyance of the Mortgage Collateral
CONVEYANCE OF THE MORTGAGE COLLATERAL. CERTIFICATES
Section 3.01 Conveyance of the Mortgage Collateral...................................................... Section 3.02
CONVEYANCE OF THE MORTGAGE COLLATERAL. CERTIFICATES Section 3.01. Conveyance of the Mortgage Collateral....................7 Section 3.02. Initial Ownership........................................7 Section 3.04. Authentication of Certificates...........................8 Section 3.05. Registration of and Limitations on Transfer and Exchange of Certificates.................................8 Section 3.06. Mutilated, Destroyed, Lost or Stolen Certificates.....
CONVEYANCE OF THE MORTGAGE COLLATERAL. The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, convey, sell and assign to the Trust, on behalf of the Holders of the Notes and the Certificates and the Credit Enhancer, without recourse, all its right, title and interest in and to the Mortgage Collateral. The Depositor will also provide the Trust with a Surety Bond.
CONVEYANCE OF THE MORTGAGE COLLATERAL. CERTIFICATES Section 3.01 Conveyance of the Mortgage Collateral Section 3.02 Initial Ownership Section 3.03 The Certificates Section 3.04 Authentication of Certificates Section 3.05 Registration of and Limitations on Transfer and Exchange of Certificates Section 3.06 Mutilated, Destroyed, Lost or Stolen Certificates Section 3.07 Persons Deemed Certificateholders Section 3.08 Access to List of Certificateholders' Names and Addresses Section 3.09 Maintenance of Office or Agency Section 3.10 Certificate Paying Agent Section 3.11 Ownership
CONVEYANCE OF THE MORTGAGE COLLATERAL. CERTIFICATES Section 3.01. Conveyance of the Mortgage Collateral.........................................7 Section 3.02. Initial Ownership.............................................................7 Section 3.04. Authentication of Certificates................................................8 Section 3.05. Registration of and Limitations on Transfer and Exchange of Certificates..................................................................8 Section 3.06. Mutilated, Destroyed, Lost or Stolen Certificates............................10 Section 3.07. Persons Deemed Certificateholders............................................10 Section 3.08. Access to List of Certificateholders' Names and Addresses....................10 Section 3.09. Maintenance of Office or Agency..............................................10 Section 3.10. Certificate Paying Agent.....................................................11 Section 3.11. [Ownership...................................................................12
