Common use of Deed of Trust Clause in Contracts

Deed of Trust. If the related Mortgage is a deed of trust, a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage.

Appears in 56 contracts

Samples: Mortgage Loan Purchase Agreement (Gmac Commercial Mortgage Securities Inc), Mortgage Loan Purchase Agreement (Gmac Commercial Mortgage Securities Inc), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Inc)

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Deed of Trust. If the related Mortgage is a deed of trust, to Seller’s Knowledge, a trustee, duly qualified under applicable law Applicable Law to serve as such, is properly designated and serving under such Mortgage.

Appears in 4 contracts

Samples: Asset Purchase Agreement (First South Bancorp Inc /Va/), Loan Purchase Agreement (First Bancorp /Nc/), Residential Loan Purchase Agreement (Cascade Bancorp)

Deed of Trust. If the related Mortgage is a deed of trust, a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and such trustee is not Borrower or an Affiliate of Borrower.

Appears in 2 contracts

Samples: Loan Agreement (Asset Investors Corp), Loan Agreement (Ocwen Asset Investment Corp)

Deed of Trust. If the related Mortgage is a deed of trust, to the Seller’s actual knowledge, a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (United Community Banks Inc)

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Deed of Trust. If the related Mortgage is a deed of trust, to the Seller’s Knowledge, a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (United Community Banks Inc)

Deed of Trust. If the related Mortgage is a deed of trust, to Seller's Knowledge, a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage.

Appears in 1 contract

Samples: Asset Purchase Agreement (Capitol Bancorp LTD)

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