Delivery of Documents by Seller. (a) Seller may, before the first purchase by Purchaser under a Purchase Agreement of a Mortgage Loan, deliver to Custodian a Limited Power of Attorney, provided, however, Custodian shall have no responsibility or obligation to act under such Limited Power of Attorney.
Appears in 3 contracts
Samples: Mortgage Loan Custodial Agreement (Crescent Banking Co), Mortgage Loan Custodial Agreement (Mortgageit Holdings Inc), Mortgage Loan Custodial Agreement (American Home Mortgage Holdings Inc)
Delivery of Documents by Seller. (a) Seller may, before the first purchase by Purchaser under a Purchase Agreement of a Mortgage Loan, deliver to Custodian a Limited Power of Attorney, provided, however, Custodian shall have no responsibility or obligation to act under such Limited Power of Attorney.
Appears in 1 contract
Samples: Mortgage Loan Purchase Agreement (United Financial Mortgage Corp)