Lost Instrument Affidavits. In the event any Collateral File contains a lost instrument affidavit in lieu of a Note, such lost instrument affidavit, and accompanying assignment, will be sufficient to effect the transfer of title to the related Mortgage Loan, without the need for a judicial proceeding, administrative action, court or regulatory order, or similar action or order.
Appears in 3 contracts
Samples: Assignment and Assumption Agreement, Assignment and Assumption Agreement, Assignment and Assumption Agreement
Lost Instrument Affidavits. In the event any Collateral Mortgage File contains a lost instrument note affidavit in lieu of a Mortgage Note, such lost instrument note affidavit, and accompanying assignmentwhen assigned, will be sufficient to effect the transfer of title to the related Mortgage Loan, without the need for a judicial proceeding, administrative action, court or regulatory order, or similar action or order.
Appears in 2 contracts
Samples: Master Repurchase Agreement (Fieldstone Investment Corp), Master Repurchase Agreement (Aames Investment Corp)
Lost Instrument Affidavits. In the event any Collateral Asset File contains a lost instrument affidavit in lieu of a Note, such lost instrument affidavit, and accompanying assignment, will be sufficient to effect the transfer of title to the related Mortgage Loan, without the need for a judicial proceeding, administrative action, court or regulatory order, or similar action or order.
Appears in 1 contract
Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)
