Common use of Custody of Mortgage Loan Documents Clause in Contracts

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 shall be held by the Initial Agent and (b) after the Lead Securitization, shall 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 Servicing Agreement), in each case, on behalf of the registered holders of the Notes. On or after the Non-Lead Securitization Date, the applicable Non-Lead Securitization Note shall be held in the name of the related Non-Lead Trustee (and held by a duly appointed custodian therefor) on behalf of the related Non-Lead Securitization Note Holder.

Custody of Mortgage Loan Documents. The originals of all of the Mortgage Loan Documents (other than the each Non-Lead Securitization Note) (a) prior to the Lead Securitization shall will be held by the Initial Agent and (b) after the Lead Securitization, shall 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. On or after the Following any Non-Lead Securitization Date, the applicable Non-Lead Securitization Note shall be held in the name of the related Non-Lead Trustee (and held by a duly appointed custodian therefor) ), on behalf of the related applicable Non-Lead Securitization Note Holder.

Custody of Mortgage Loan Documents. The originals of all of the Mortgage Loan Documents (other than the each Non-Lead Securitization Note) (a) prior to the Lead Securitization shall will be held by the Initial Agent and (b) after the Lead Securitization, shall 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. On or after the Following any Non-Lead Securitization Date, the applicable Non-Lead Securitization Note shall be held in the name of the related Non-Non- Lead Trustee (and held by a duly appointed custodian therefor) ), on behalf of the related applicable Non-Lead Securitization Note Holder.

Custody of Mortgage Loan Documents. The originals of all of the Mortgage Loan Documents (other than the each Non-Lead Securitization Note) (a) prior to the Lead Securitization shall be held by the Initial Agent and (b) after the Lead Securitization, shall 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. On or after the Following any Non-Lead Securitization Date, the applicable Non-Lead Securitization Note shall be held in the name of the related Non-Lead Trustee (and held by a duly appointed custodian therefor) ), on behalf of the related applicable Non-Lead Securitization Note Holder.