Custody of Mortgage Loan Documents/ Mortgagee of Record Sample Clauses

Custody of Mortgage Loan Documents/ Mortgagee of Record. The originals of all of the Mortgage Loan Documents (other than Non-Lead Notes) will be held (i) prior to the Lead Securitization, by Computershare Trust Company, National Association, as interim custodian and (ii) on and after the Lead Securitization, by the Trustee for the Lead Securitization (or by a custodian on its behalf) under the terms of the Lead Securitization Servicing Agreement on behalf of all of the Holders. The Trustee of the Lead Securitization shall at all times be the mortgagee of record with respect to the Mortgage Loan.
Custody of Mortgage Loan Documents/ Mortgagee of Record. Each of the Notes shall be held by its respective Note Holder or a duly appointed custodian of such Note Holder. Prior to the First Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held by Xxxxx Fargo Bank, National Association, as interim custodian. If the First Securitization includes Note A-1, then on and after the First Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the PSA for such First Securitization, on behalf of the registered holders of the Notes. If the First Securitization does not include Note A-1, then (a) on and after the First Securitization Date but prior to the Securitization Date for Note A-1, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the PSA for such First Securitization, on behalf of the registered holders of the Notes; and (b) on and after the Securitization Date for Note A-1, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the PSA for such Securitization of Note A-1, on behalf of the registered holders of the Notes. If the First Securitization includes Note A-1, then the Trustee of such First Securitization shall at all times be the mortgagee of record with respect to the Mortgage Loan. If the First Securitization does not include Note A-1, then the Trustee of such First Securitization shall be the mortgagee of record to the extent that the applicable Mortgage Loan Documents have been recorded in the name of such Trustee pursuant to the terms of the PSA for such First Securitization.
Custody of Mortgage Loan Documents/ Mortgagee of Record. The originals of all of the Mortgage Loan Documents (other than Non-Lead Notes) will be held (a) prior to the Lead Securitization, by Xxxxx Fargo Bank, National Association, as interim custodian and (b) on and after the Lead Securitization, by the Trustee for the Lead Securitization (or by a custodian on its behalf) under the terms of the Lead Securitization Servicing Agreement on behalf of all of the Holders. The Trustee of the Lead Securitization shall at all times be the mortgagee of record with respect to the Mortgage Loan. Prior to the Lead Securitization, Argentic Real Estate Finance LLC shall be the mortgagee of record for the benefit of all of the Holders.
Custody of Mortgage Loan Documents/ Mortgagee of Record. The originals of all of the Mortgage Loan Documents (other than Non-Lead Notes) will be held (i) prior to the Lead Securitization, by Computershare Trust Company, N.A., as interim custodian and (ii) on and after the Lead Securitization, by the Trustee for the Lead Securitization (or by a custodian on its behalf) under the terms of the Lead Securitization Servicing Agreement on behalf of all of the Holders. The Trustee of the Lead Securitization shall at all times be the mortgagee of record with respect to the Mortgage Loan. By: /s/ Xxxx Xxxxx Name: Xxxx Xxxxx Title: Director By: /s/ Xxxxxx-Xxxxxxxxxxx Xxxxx Name: Xxxxxx-Xxxxxxxxxxx Xxxxx Title: Managing Director By: /s/ Xxxx Xxxxx Name: Xxxx Xxxxx Title: Director By: /s/ Xxxxxx-Xxxxxxxxxxx Xxxxx Name: Xxxxxx-Xxxxxxxxxxx Xxxxx Title: Managing Director A. Description of Mortgage Loan Borrower: FSC EQS MASTER, DST FSC LBC MASTER, DST FSC AT MASTER, DST FSC CFSR MASTER, DST FSC SP MERRILLVILLE IN, DST FSC DOM ODENTON MD, DST FSC CON JACKSON MI, DST FSC CON STERLING HEIGHTS MI, DST FSC CON TROY MI, DST FSC CON VAN BUREN MI, DST FSC MCO ST. LOUIS MO, DST FSC IP OMAHA NE, DST FSC PLATTSBURGH NY, DST FSC BGL TOLEDO OH, DST FSC CG ATHENS OH, DST FSC STU NORTH CANTON OH, DST FSC MDSA JACKSON TN, DST Mortgage Loan Origination Date: June 14, 2023 Initial Principal Amount of Mortgage Loan: $72,200,000 Co-Lender Closing Date Mortgage Loan Principal Balance: $72,200,000 Location of Mortgaged Property: Various Current Use of Mortgaged Property: Industrial Maturity Date: July 6, 2033

Related to Custody of Mortgage Loan Documents/ Mortgagee of Record

  • Custody of Mortgage Loan Documents The originals of all of the Mortgage Loan Documents (other than the Non-Lead Securitization Note) (a) prior to the Lead Securitization will be held by the Initial Agent and (b) after the Lead Securitization, will be held by the Lead Securitization Note Holder (in the name of the Trustee and held by a duly appointed custodian therefor in accordance with the Lead Securitization Servicing Agreement), in each case, on behalf of the registered holders of the Notes.

  • Sale and Conveyance of Mortgages; Possession of Mortgage File Effective as of the Closing Date and upon receipt of the purchase price set forth in the immediately succeeding paragraph, the Seller does hereby sell, transfer, assign, set over and convey to the Purchaser, without recourse, all of its right, title, and interest (subject to certain agreements regarding servicing as provided in the Pooling and Servicing Agreement, subservicing agreements permitted thereunder and that certain servicing rights appointment agreement, dated as of December 29, 2014, between the Master Servicer and the Seller, and provided that the Seller hereby retains all rights, if any, it has under each Mortgage Loan to establish or designate the successor borrower upon a defeasance of such Mortgage Loan and/or to purchase or cause to be purchased the related defeasance collateral) in and to the Mortgage Loans described in Exhibit A, including all interest and principal received on or with respect to such Mortgage Loans after the Cut-off Date (other than payments of principal and interest first due on the Mortgage Loans on or before the Cut-off Date). Upon the sale of the Mortgage Loans, the ownership of each related Mortgage Note, the Mortgage and the other contents of the related Mortgage File will be vested in the Purchaser and immediately thereafter the Trustee and the ownership of records and documents with respect to the related Mortgage Loan prepared by or which come into the possession of the Seller (other than the records and documents described in the proviso to Section 3(b) hereof) shall immediately vest in the Purchaser and immediately thereafter the Trustee. The Depositor will sell (i) the Class A-1, Class A-2, Class A-3, Class A-4, Class A-SB, Class X-A, Class X-B, Class A-S, Class B, Class C and Class EC Certificates (the “Public Certificates”) to the underwriters specified in the underwriting agreement, dated as of December 16, 2014 (the “Underwriting Agreement”), among the Depositor, J.X. Xxxxxx Securities LLC (“JPMS”), Barclays Capital Inc. (“Barclays”), Credit Suisse Securities (USA) LLC (“Credit Suisse”) and Dxxxxx Xxxxxxxx, LLC (“Drexel” and, collectively with JPMS, Barclays and Credit Suisse, in such capacities, the “Underwriters”); (ii) the Class X-C, Class X-D, Class X-E, Class X-F, Class X-NR, Class D, Class E, Class F, Class NR and Class R Certificates (the “Private Certificates”) to JPMS, Barclays and Credit Suisse as the initial purchasers (each in such capacity, a “Private Certificate Initial Purchaser” and collectively, the “Private Certificate Initial Purchasers”) specified in the certificate purchase agreement, dated as of December 16, 2014 (the “Private Certificate Purchase Agreement”), among the Depositor, Barclays, Credit Suisse and JPMS; and (iii) the Class HOW Certificates (collectively with the Public Certificates and the Private Certificates, the “Certificates”) to JPMS as the initial purchaser (in such capacity, the “Class HOW Certificate Initial Purchaser” and, together with the Private Certificate Initial Purchasers, the “Initial Purchasers”) specified in the certificate purchase agreement, dated as of December 16, 2014 (the “Class HOW Certificate Purchase Agreement” and, together with the Private Certificate Purchase Agreement, the “Certificate Purchase Agreements”), between the Depositor and JPMS. The sale and conveyance of the Mortgage Loans is being conducted on an arms-length basis and upon commercially reasonable terms. The purchase price of the Mortgage Loans (inclusive of accrued interest) shall be equal to the amount set forth on the cross receipt between the Seller and the Purchaser dated the date hereof and shall be paid by the Purchaser to the Seller in immediately available funds on the Closing Date. The purchase and sale of the Mortgage Loans shall take place on the Closing Date.

  • Notice of Mortgage The Borrower shall keep the Mortgage registered against the Ship as a valid first priority mortgage, carry on board the Ship a certified copy of the Mortgage and place and maintain in a conspicuous place in the navigation room and the Master’s cabin of the Ship a framed printed notice stating that the Ship is mortgaged by the Borrower to the Security Trustee.