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Common use of Curtailment Clause in Contracts

Curtailment. Any payment of principal on a Mortgage Loan, made by or on behalf of the related Mortgagor, other than a Scheduled Payment, a prepaid Scheduled Payment or a Payoff, which is applied to reduce the outstanding Stated Principal Balance of the Mortgage Loan. Custodians: LaSalle Bank National Association, X.X. Xxxxxx Trust Company, N.A., and Xxxxx Fargo Bank, N.A., as custodians, or their successors in interest.

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (Home Equity Asset Trust 2005-4), Pooling and Servicing Agreement (Home Equity Asset Trust 2005-3), Pooling and Servicing Agreement (Home Equity Asset Trust 2006-5)

Curtailment. Any payment of principal on a Mortgage Loan, made by or on behalf of the related Mortgagor, other than a Scheduled Payment, a prepaid Scheduled Payment or a Payoff, which is applied to reduce the outstanding Stated Principal Balance of the Mortgage Loan. Custodians: LaSalle Bank National Association, X.X. Xxxxxx Trust Company, N.A., Association and Xxxxx Fargo Bank, N.A., as custodians, or their successors in interest.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp), Pooling and Servicing Agreement (Home Equity Asset Trust 2007-1), Pooling and Servicing Agreement (Home Equity Asset Trust 2006-7)

Curtailment. Any payment of principal on a Mortgage Loan, made by or on behalf of the related Mortgagor, other than a Scheduled Payment, a prepaid Scheduled Payment or a Payoff, which is applied to reduce the outstanding Stated Principal Balance of the Mortgage Loan. Custodians: Bank One Trust Company, N.A., a national banking association, or its successor in interest and LaSalle Bank National Association, X.X. Xxxxxx Trust Company, N.A., and Xxxxx Fargo Bank, N.A., as custodians, or their successors its successor in interest.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp), Pooling and Servicing Agreement (CSFB Mortgage Pass Through Certificates Series 2002 He16), Pooling and Servicing Agreement (CSFB Mortgage Pass Through Certificates Series 2001-He1)

Curtailment. Any payment of principal on a Mortgage Loan, made by or on behalf of the related Mortgagor, other than a Scheduled Payment, a prepaid Scheduled Payment or a Payoff, which is applied to reduce the outstanding Stated Principal Balance of the Mortgage Loan. Custodians: LaSalle Bank National Association, X.X. Xxxxxx Trust CompanyJPMorgan Chase Bank, N.A., and Xxxxx Fargo Bank, N.A.N.A. , as custodians, or their successors in interest.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Home Equity Asset Trust 2005-2)