Common use of Loan in Force Clause in Contracts

Loan in Force. The Loan has not been satisfied or subordinated in whole or in part or rescinded, and the real estate securing such Loan has not been released from the lien of such Loan in whole or in part.

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp), Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

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Loan in Force. The Loan has not been satisfied or subordinated in ------------- whole or in part or rescinded, and the real estate securing such Loan has not been released from the lien of such Loan in whole or in part.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Conseco Finance Corp), Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

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Loan in Force. The Mortgage Loan has not been satisfied satisfied, canceled, subordinated or subordinated rescinded, in whole or in part or rescindedpart, and the real estate securing such Loan Mortgaged Property has not been released from the lien of such Loan Mortgage Loan, in whole or in part, nor has any instrument been executed that would effect any such release, cancellation, subordination or rescission.

Appears in 1 contract

Samples: Transfer and Assignment Agreement (Franklin Credit Holding Corp/De/)

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