Common use of MERS Registration Clause in Contracts

MERS Registration. The Servicer is authorized and empowered by the Purchaser, in its own name, when the Servicer believes it appropriate in its best judgement to register any Mortgage Loan on the MERS System, or, with the prior written consent of the Purchaser, cause the removal from the registration of any Mortgage Loan on the MERS System, to execute and deliver, on behalf of the Purchaser any and all instruments of assignment and other comparable instruments with respect to such assignment or re-recording of a Mortgage in the name of MERS, solely as nominee for the Purchaser and its successors and assigns.

Appears in 5 contracts

Samples: Mortgage Loan Purchase and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-2), Mortgage Loan Purchase and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-3), Mortgage Loan Purchase and Servicing Agreement (Sequoia Residential Funding Inc)

AutoNDA by SimpleDocs

MERS Registration. The Servicer is authorized and empowered by the Purchaser, in its own name, when the Servicer believes it appropriate in its best judgement judgment to register any Mortgage Loan on the MERS System, or, with the prior written consent of the Purchaser, or cause the removal from the registration of any Mortgage Loan on the MERS System, to execute and deliver, on behalf of the Purchaser any and all instruments of assignment and other comparable instruments with respect to such assignment or re-re recording of a Mortgage in the name of MERS, solely as nominee for the Purchaser and its successors and assigns.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Servicing Agreement (Harborview Mortgage Loan Trust 2006-Cb1)

AutoNDA by SimpleDocs

MERS Registration. The Servicer is authorized and empowered by the Purchaser, in its own name, when the Servicer believes it appropriate in its best judgement to register any Mortgage Loan on the MERS System, or, with the prior written consent of the Purchaser, cause the removal from the registration of any Mortgage Loan on the MERS System, to execute and deliver, on behalf of the Purchaser any and all instruments of assignment and other comparable instruments with respect nominee to such assignment or re-recording of a Mortgage in the name of MERS, solely as nominee for the Purchaser and its successors and assigns.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (CSMC Mortgage-Backed Trust Series 2006-5)

Time is Money Join Law Insider Premium to draft better contracts faster.