Common use of Loan Servicing Clause in Contracts

Loan Servicing. The Lender will be responsible for servicing the entire loan and will remain mortgagee and secured party of record. The entire loan will be secured by the same security with equal lien priority for the guaranteed and unguaranteed portions of the loan.

Loan Servicing. The Lender will be is responsible for servicing the entire loan and will remain mortgagee and secured party of record. The entire loan will be secured by the same security with equal lien priority for the guaranteed and unguaranteed portions of the loan. The Lender will receive all payments on account of principal of, or interest on, the entire loan and shall promptly remit to the Holder its pro rata share thereof determined according to their respective interests in the loan, less only the Lender's servicing fee.

Loan Servicing. The Lender will be is responsible for servicing the entire loan and will remain mortgagee and secured party of record. The entire loan will be is secured by the same security with equal lien priority for the guaranteed and unguaranteed portions of the loan. The Lender will receive all payments on account of principal of, or interest on, the entire loan and shall promptly remit to the Holder its pro rata share thereof determined according to their respective interests in the loan, less only the Lender's servicing fee.

Loan Servicing. The Lender will be responsible for servicing the entire loan and will remain mortgagee mortgagor and secured party of record. The entire loan will be secured by the same security with equal lien priority for the guaranteed and unguaranteed portions of the loan. The Lender will receive all payments on account of principal and interest on the entire loan and shall promptly remit to the Holder its pro rata share thereof, determined according to their respective interests in the loan, less only the Lender’s servicing fee.

Loan Servicing. The Lender will be is responsible for servicing the entire loan and will remain mortgagee and secured party of record. The entire loan will be secured by the same security with equal lien priority for the guaranteed and unguaranteed portions of the loan. The Lender will receive all payments on account of principal of, or interest on, the entire loan and shall promptly remit to the Holder its pro rata share thereof determined according to their respective interests in the loan, less only the Lender’s servicing fee.

Loan Servicing. The Lender will be responsible for servicing the entire loan and will remain mortgagee and and/or secured party of record. The entire loan will be secured by the same security with equal lien priority for the guaranteed and unguaranteed portions of the loan.of