Common use of Delivery of Loans Clause in Contracts

Delivery of Loans. On or before the business day immediately preceding each Settlement Date, the Seller shall deliver to the Buyer the following for each Loan purchased: 1. Those Loans described by the Buyer on each Schedule of Loans Delivered which are purchased by Buyer pursuant to this Agreement. 2. The agreed-upon priority Mortgages and Other Collateral on Subject Property. 3. The Note(s), the Mortgage(s) and the Other Collateral endorsed by an authorized Officer of Seller to the Buyer pursuant to the language set forth on EXHIBIT "B," attached hereto and made a part hereof, and/or assigned in the form required by Buyer, together with individual assignments to the Buyer (a certified copy of the recordable or fileable assignment) and originals of all intervening assignments, if any, of the Seller's beneficial interest in the Mortgage and in the Other Collateral, showing a complete chain of title from origination to the Seller, including warehousing assignment, with evidence of recording thereon. 4. Any and all documents, instruments, collateral agreements, assignments and endorsements for all documents, instruments and collateral agreements, referred to in the Notes, Mortgages, and/or Other Collateral or related thereto, including, without limitation, current applicable insurance policies (such as private mortgage insurance, flood insurance, hazard insurance and title insurance) covering the Subject Property or relating to the Notes and all files, books, papers, ledger cards, reports and records, including, without limitation, loan applications, Borrower financial statements, credit reports and appraisals, relating to the Loans (the "Related Assets"). In all cases, the Related Assets shall be the original documents. 5. The Essential Mortgage File Document List, including all writing evidencing the Loan(s) purchased by Buyer. In all cases, these documents shall be the original documents. 6. In the event that Seller cannot deliver to Buyer a duly recorded assignment of Mortgage or any other document required to be recorded under this Agreement on the Settlement Date solely because of a delay caused by the public recording office when such document(s) has(have) been delivered for recordation, Seller shall deliver to the Buyer a certified copy of each such document(s) with a statement thereon signed by an Officer of the Seller certifying each to be a true and correct copy of such document(s) delivered to the appropriate public recording official for recordation. Seller shall deliver to Buyer such recorded document(s) with evidence of recording indicated thereon no later than 15 days after Seller receives such document, but in any event, no later than 90 days from the Settlement Date.

Delivery of Loans. On or before the business day immediately preceding each Settlement Date, the Seller shall deliver to the Buyer the following for each Loan purchased: 1. (i) Those Loans described by the Buyer on each Purchase Schedule of Loans Delivered which are purchased by Buyer pursuant Pursuant to this Agreement. 2. (ii) The agreed-upon priority liens and/or Mortgages and Other Collateral on Subject Property. 3. (iii) The Note(s), ) and the Mortgage(s) and the Other Collateral endorsed by an authorized Officer of Seller to the Buyer pursuant to the language Language set forth on EXHIBIT Exhibit "B,E" ----------- attached hereto and made a part hereof, and/or assigned in hereof together with an executed individual assignment to the form required by Buyer, together with individual assignments to the Buyer (a certified copy of the in recordable or fileable assignment) form and originals of all intervening assignments, if any, of the Seller's beneficial interest in the Mortgage and in the Other CollateralMortgage, showing a complete chain of title from origination to the Seller, including warehousing assignment, with evidence of recording thereon. 4. (iv) Any and all documents, instruments, collateral agreements, and assignments and endorsements for all documents, instruments and collateral agreements, agreements referred to in the Notes, Mortgages, Notes and/or Other Collateral Mortgages or related thereto, including, without limitation, current applicable insurance policies (such as private mortgage insurance, if applicable; flood insurance, if applicable; hazard insurance and insurance; title insurance; and other applicable insurance policies) covering the Subject Property or relating to the Notes and all files, books, papers, ledger cards, reports and records, records including, without limitation, loan applications, Borrower financial statements, separate assignment of rents, if any, credit reports and appraisals, relating to the Loans (the "Related Assets"). In all cases, the Related Assets shall be the original documents. 5. (v) The Essential Mortgage File Document List, including all writing writings evidencing the Loan(s) purchased by Buyer. In all cases, these documents shall be the original documents. 6. (vi) In the event that Seller cannot deliver to Buyer a duly ??ily recorded assignment of Mortgage or any other document required to be recorded under this Agreement on the Settlement Date solely because of a delay caused by the public recording office when such document(s) has(have) had been delivered for recordation, Seller shall deliver to the Buyer a certified copy of each such document(s) with a statement thereon signed by an Officer of the Seller certifying each to be a true and correct copy of such document(s) delivered to the appropriate public recording official for recordation. Seller shall deliver to Buyer such recorded document(s) with evidence of recording indicated thereon no later than 15 days after Seller receives such document, but in any event, no later than 90 120 days from the Settlement Date.

Delivery of Loans. On or before the business day immediately preceding each Settlement Date, the Seller shall deliver to the Buyer the following for each Loan purchased: 1. (i) Those Loans described by the Buyer on each Schedule of Loans Delivered delivered which are purchased by Buyer pursuant to this Agreement. 2. (ii) The agreed-upon priority Mortgages and Other Collateral liens and/or Mortgages, or a true certified copy thereof, on Subject Property. 3. (iii) The original Note(s), the Mortgage(s) and the Other Collateral Mortgage(s), or a true certified copy thereof, endorsed by an authorized Officer of Seller to the Buyer pursuant to the language set forth on EXHIBIT Exhibit "B,D" attached hereto and made a part hereof, and/or assigned in the form required by Buyer, hereof together with an individual assignments assignment to the Buyer (a certified copy of the recordable or fileable recorded assignment) and originals of all intervening assignments, if any, of the Seller's beneficial interest in the Mortgage and in the Other CollateralMortgage, showing a complete chain of title from origination to the Seller, including warehousing assignment, with evidence of recording thereonthereon and a release of any intervening assignee's interest, if any, in the event that such assignment was not recorded. 4. (iv) Any and all documents, instruments, collateral agreements, and assignments and endorsements for all documents, instruments and collateral agreements, referred to in the Notes, Mortgages, Notes and/or Other Collateral Mortgages or related thereto, including, without limitation, current applicable insurance policies (such as private mortgage insurance, if applicable; flood insurance, if applicable; hazard insurance and insurance; title insurance; and other applicable insurance policies) covering the Subject Property or relating to the Notes and all files, books, papers, ledger cards, reports and records, records including, without limitation, loan applications, Borrower financial statements, separate assignment of rents, if any, credit reports and appraisals, relating to the Loans (the "Related Assets"). In all cases, the Related Assets shall be the original documents. 5. (v) The Essential Mortgage File Document List, including all writing writings evidencing the Loan(s) purchased by Buyer. In all cases, these documents shall be the original documents. 6. (vi) In the event that Seller cannot deliver to Buyer a duly recorded assignment of Mortgage or any other document required to be recorded under this Agreement on the Settlement Date solely because of a delay caused by the public recording office when such document(s) has(have) has been delivered for recordation, Seller shall deliver to the Buyer a certified copy of each such (document(s) with a statement thereon signed by an Officer of the Seller certifying each to be a true and correct copy of such document(sdocuments(s) (delivered to the appropriate public recording official for recordation. Seller shall deliver to Buyer such recorded document(s) with evidence of recording indicated thereon no later than 15 days after Seller receives such document, but in any event, no later than 90 120 days from the Settlement Date. In the event that missing documents are not received by the Buyer within the above-stated time frame, strictly as a result of a delay caused by the public recording office(s), Buyer may extend this period of document delivery time by written consent if in Buyer's sole opinion the Seller is using prudent and diligent follow-up.

Delivery of Loans. On or before the business day immediately preceding each Settlement Date, the Seller shall deliver to the Buyer the following for each Loan purchased: 1. (i) Those Loans described by the Buyer on each Purchase Schedule of Loans Delivered which are purchased by Buyer pursuant to this Agreement. 2. (ii) The agreed-upon priority liens and/or Mortgages and Other Collateral on Subject Property. 3. (iii) The Note(s), ) and the Mortgage(s) and the Other Collateral endorsed by an authorized Officer officer of Seller to the Buyer pursuant to the language set forth on EXHIBIT Exhibit "B,E, " attached hereto and made a part hereof, and/or assigned in hereof together with an executed individual assignment to the form required by Buyer, together with individual assignments to the Buyer (a certified copy of the in recordable or fileable assignment) form and originals of all intervening assignments, if any, of the Seller's beneficial interest in the Mortgage and in the Other CollateralMortgage, showing a complete chain of title from origination to the Seller, including warehousing assignment, with evidence of recording thereon. 4. (iv) Any and all documents, instruments, collateral agreements, and assignments and endorsements for all documents, instruments and collateral agreements, referred to in the Notes, Mortgages, Notes and/or Other Collateral Mortgages or related thereto, including, without limitation, current applicable insurance policies (such as private mortgage insurance, if applicable; flood insurance, if applicable; hazard insurance and insurance; title insurance; and other applicable insurance policies) covering the Subject Property or relating to the Notes and all files, books, papers, ledger cards, reports and records, records including, without limitation, loan applications, Borrower financial statements, separate assignment of rents, if any, credit reports and appraisals, relating to the Loans (the "Related Assets"). In all cases, the Related Assets shall be the original documents. 5. (v) The Essential Mortgage File Document List, including all writing writings evidencing the Loan(s) purchased by Buyer. In all cases, these documents shall be the original documents. 6. (vi) In the event that Seller cannot deliver to Buyer a duly recorded assignment of Mortgage or any other document required to be recorded under this Agreement on the Settlement Date solely because of a delay caused by the public recording office when such document(s) has(have) has been delivered for recordation, Seller shall deliver to the Buyer a certified copy of each such document(s) with a statement thereon signed by an Officer officer of the Seller certifying each to be a true and correct copy of such document(s) delivered to the appropriate public recording official for recordation. Seller shall deliver to Buyer such recorded document(s) with evidence of recording indicated thereon no later than 15 IS days after Seller receives such document, but in any event, no later than 90 120 days from the Settlement Date.

Delivery of Loans. On or before the business day immediately preceding each Settlement Date, the Seller shall deliver to the Buyer the following for each Loan purchased: 1. (i) Those Loans described by the Buyer on each Purchase Schedule of Loans Delivered which are purchased by Buyer pursuant to this Agreement. 2. (ii) The agreed-upon priority liens and/or Mortgages and Other Collateral on Subject Property. 3. (iii) The Note(s), ) and the Mortgage(s) and the Other Collateral endorsed by an authorized Officer of Seller to the Buyer pursuant to the language set forth on EXHIBIT Exhibit "BE," attached hereto and made a part hereof, and/or assigned in hereof together with an executed individual assignment to the form required by Buyer, together with individual assignments to the Buyer (a certified copy of the in recordable or fileable assignment) form and originals of all intervening assignments, if any, of the Seller's beneficial interest in the Mortgage and in the Other CollateralMortgage, showing a complete chain of title from origination to the Seller, including warehousing assignment, with evidence of recording thereon. 4. (iv) Any and all documents, instruments, collateral agreements, and assignments and endorsements for all documents, instruments and collateral agreements, referred to in the Notes, Mortgages, Notes and/or Other Collateral Mortgages or related thereto, including, without limitation, current applicable insurance policies (such as private mortgage insurance, if applicable; flood insurance, if applicable; hazard insurance and insurance, title insurance; and other applicable insurance policies) covering the Subject Property or relating to the Notes and all files, books, papers, ledger cards, reports and records, records including, without limitation, loan applications, Borrower financial statements, separate assignment of rents, if any, credit reports and appraisals, relating to the Loans (the "Related Assets"). In all cases, the Related Assets shall be the original documents. 5. (v) The Essential Mortgage File Document List, including all writing writings evidencing the Loan(s) purchased by Buyer. In all cases, these documents shall be the original documents. 6. (vi) In the event that Seller cannot deliver to Buyer a duly recorded assignment of Mortgage or any other document required to be recorded under this Agreement on the Settlement Date solely because of a delay caused by the public recording office when such document(s) has(have) has been delivered for recordation, Seller shall deliver to the Buyer a certified copy of each such document(s) with a statement thereon signed by an Officer of the Seller certifying each to be a true and correct copy of such document(s) delivered to the appropriate public recording official for recordation. Seller shall deliver to Buyer such recorded document(s) with evidence of recording indicated thereon no later than 15 days after Seller receives such document, but in any event, no later than 90 120 days from the Settlement Date.

Delivery of Loans. On or before the business day immediately preceding each Settlement Date, the Seller shall deliver to the Buyer the following for each Loan purchased: 1. Those Loans described by the Buyer on each Schedule of Loans Delivered which are purchased by Buyer pursuant to this Agreementagreement. 2. The agreed-upon priority Mortgages and Other Collateral on Subject Property. 3. The Note(s), the Mortgage(s) and the Other Collateral endorsed by an authorized Officer of Seller to the Buyer pursuant to the language set forth on EXHIBIT "B," attached hereto and made a part hereof, and/or assigned in the form required by Buyer, together with individual assignments to the Buyer (a certified copy of the recordable or fileable assignment) and originals of all intervening assignments, if any, of the Seller's beneficial interest in the Mortgage and in the Other Collateral, showing a complete chain of title from origination to the Seller, including warehousing assignment, with evidence of recording thereon. 4. Any and all documents, instruments, collateral agreements, assignments and endorsements for all documents, instruments and collateral agreements, referred to in the Notes, Mortgages, and/or Other Collateral or related thereto, including, without limitation, current applicable insurance policies (such as private mortgage insurance, flood insurance, hazard insurance and title insurance) covering the Subject Property or relating to the Notes and all files, books, papers, ledger cards, reports and records, including, without limitation, loan applications, Borrower financial statements, credit reports and appraisals, relating to the Loans (the "Related Assets"). In all cases, the Related Assets shall be the original documents. 5. The Essential Mortgage File Document List, including all writing evidencing the Loan(s) purchased by Buyer. In all cases, these documents shall be the original documents. 6. In the event that Seller cannot deliver to Buyer a duly recorded assignment of Mortgage or any other document required to be recorded under this Agreement on the Settlement Date solely because of a delay caused by the public recording office when such document(s) has(have) been delivered for recordation, Seller shall deliver to the Buyer a certified copy of each such document(s) with a statement thereon signed by an Officer of the Seller certifying each to be a true and correct copy of such document(s) delivered to the appropriate public recording official for recordation. Seller shall deliver to Buyer such recorded document(s) with evidence of recording indicated thereon no later than 15 days after Seller receives such document, but in any event, no later than 90 days from the Settlement Date.

Delivery of Loans. On or before the business day immediately preceding each Settlement Date, the Seller shall deliver to the Buyer the following for each Loan purchased: 1. (i) Those Loans described by the Buyer on each Purchase Schedule of Loans Delivered which are purchased by Buyer Buyer. pursuant to this Agreement. 2. (ii) The agreed-upon priority liens and/or Mortgages and Other Collateral on Subject Property. 3. (iii) The Note(s), ) and the Mortgage(s) and the Other Collateral endorsed by an authorized Officer of Seller to the Buyer pursuant to the language set forth on EXHIBIT "BE," attached hereto and made a part hereof, and/or assigned in hereof together with an executed individual assignment to the form required by Buyer, together with individual assignments to the Buyer (a certified copy of the in recordable or fileable assignment) form and originals of all intervening assignments, if any, of the Seller's beneficial interest in the Mortgage and in the Other CollateralMortgage, showing a complete chain of title from origination to the Seller, including warehousing assignment, with evidence of recording thereon. 4. (iv) Any and all documents, instruments, collateral agreements, and assignments and endorsements for all documents, instruments and collateral agreements, referred to in the Notes, Mortgages, Notes and/or Other Collateral Mortgages or related thereto, including, without limitation, current applicable insurance policies (such as private mortgage insurance, if applicable; flood insurance, if applicable; hazard insurance and insurance; title insurance; and other applicable insurance policies) covering the Subject Property or relating to the Notes and all files, books, papers, ledger cards, reports and records, records including, without limitation, loan applications, Borrower financial statements, separate assignment of rents, if any credit reports and appraisals, relating to the Loans (the "Related Assets"). In all cases, the Related Assets shall be the original documents. 5. (v) The Essential Mortgage File Document List, including all writing writings evidencing the Loan(s) purchased by Buyer. In all cases, these documents shall be the original documents. 6. (vi) In the event that Seller cannot deliver to Buyer a duly recorded assignment of Mortgage or any other document required to be recorded under this Agreement on the Settlement Date solely because of or a delay caused by the public recording office when such document(s) has(have) has been delivered for recordation, Seller shall deliver to the Buyer a certified copy of each such document(s) with a statement thereon signed by an Officer of the Seller certifying each to be a true and correct copy of such document(s) delivered to the appropriate public recording official for recordation. Seller shall deliver to Buyer such recorded document(s) with evidence of recording indicated thereon no later than 15 days after Seller receives such document, but in any event, no later than 90 120 days from the Settlement Date.