Common use of Leaseholds Clause in Contracts

Leaseholds. No mortgaged property is secured by a leasehold (other than a mortgaged property subject to a leasehold which conforms to the eligibility requirements of Xxxxxx Mae for such mortgage property type), cooperative or manufactured housing. No Mortgage Loans are agricultural loans.

Appears in 5 contracts

Samples: Master Seller's Warranties and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-Af1), Master Seller's Warranties and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-3), Master Seller's Warranties and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-1)

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Leaseholds. No mortgaged property is secured by a leasehold (other than a mortgaged property subject to a leasehold which conforms to the eligibility requirements of Xxxxxx Mae for such mortgage property type)leasehold, cooperative or manufactured housing. No Mortgage Loans are agricultural loans.

Appears in 2 contracts

Samples: Assignment, Assumption and Recognition Agreement (Deutsche Alt-a Securities, Inc. Mortgage Loan Trust, Series 2006-Ar1), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-F1)

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