Common use of Mortgage Loan Liquidated Clause in Contracts

Mortgage Loan Liquidated. (All proceeds of foreclosure, insurance or other liquidation have been finally received and credited to the Collection Account and remitted to the Trustee for deposit into the Certificate Distribution Account pursuant to the Pooling and Servicing Agreement.)

Appears in 17 contracts

Samples: Pooling and Servicing Agreement (Bayview Financial Mortgage Pass-Through Trust 2007-A), Pooling and Servicing Agreement (Bayview Financial Mortgage Pass-Through Trust 2006-A), Pooling and Servicing Agreement (Bayview Financial Mortgage Pass-Through Trust 2007-B)

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Mortgage Loan Liquidated. (All proceeds of foreclosure, insurance or other liquidation have been finally received and credited to the Collection Account and remitted to (as applicable) the Indenture Trustee and/or the Owner Trustee for deposit into the Note Distribution Account and the Certificate Distribution Account pursuant to the Pooling Transfer and Servicing Agreement.)

Appears in 5 contracts

Samples: Transfer and Servicing Agreement (Bayview Financial Securities Co LLC), Transfer and Servicing Agreement (HMB Acceptance Corp.), Transfer and Servicing Agreement (Aegis Asset Backed Securities Corp)

Mortgage Loan Liquidated. (All proceeds of foreclosure, insurance or other liquidation have been finally received and credited to the Collection Account and remitted to (as applicable) the Trustee for deposit into the Certificate Distribution Account pursuant to the Pooling and Servicing this Agreement.)

Appears in 1 contract

Samples: Pooling and Servicing Agreement (HMB Acceptance Corp.)

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Mortgage Loan Liquidated. (All proceeds of foreclosure, insurance or other liquidation have been finally received and credited to the Collection Custodial Account and remitted to the Trustee for deposit into the Certificate Distribution Security Account pursuant to the Pooling and Servicing Trust Agreement.)

Appears in 1 contract

Samples: Trust Agreement (United Mortgage Trust)

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