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 2005-6), Pooling and Servicing Agreement (Home Equity Asset Trust 2005-5), Pooling and Servicing Agreement (Home Equity Asset Trust 2006-1)

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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 (Home Equity Asset Trust 2006-7), Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp), Pooling and Servicing Agreement (Home Equity Asset Trust 2006-8)

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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)

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