Common use of Mortgage Loan Schedules Clause in Contracts

Mortgage Loan Schedules. THE MORTGAGE LOAN SELLER AGREES TO PROVIDE TO THE PURCHASER AS OF THE DATE HEREOF A PRELIMINARY LISTING OF THE MORTGAGE LOANS (THE "PRELIMINARY MORTGAGE LOAN SCHEDULE") SETTING FORTH THE INFORMATION LISTED ON EXHIBIT 2 TO THIS AGREEMENT WITH RESPECT TO EACH OF THE MORTGAGE LOANS BEING SOLD BY THE MORTGAGE LOAN SELLER. IF THERE ARE CHANGES TO THE PRELIMINARY MORTGAGE LOAN SCHEDULE, THE MORTGAGE LOAN SELLER SHALL PROVIDE TO THE PURCHASER AS OF THE CLOSING DATE A FINAL SCHEDULE (THE "FINAL MORTGAGE LOAN SCHEDULE") SETTING FORTH THE INFORMATION LISTED ON EXHIBIT 2 TO THIS AGREEMENT WITH RESPECT TO EACH OF THE MORTGAGE LOANS BEING SOLD BY THE MORTGAGE LOAN SELLER TO THE PURCHASER. THE FINAL MORTGAGE LOAN SCHEDULE SHALL BE DELIVERED TO THE PURCHASER ON THE CLOSING DATE, SHALL BE ATTACHED TO AN AMENDMENT TO THIS AGREEMENT TO BE EXECUTED ON THE CLOSING DATE BY THE PARTIES HERETO AND SHALL BE IN FORM AND SUBSTANCE MUTUALLY AGREED TO BY THE MORTGAGE LOAN SELLER AND THE PURCHASER (THE "AMENDMENT"). IF THERE ARE NO CHANGES TO THE PRELIMINARY MORTGAGE LOAN SCHEDULE, THE PRELIMINARY MORTGAGE LOAN SCHEDULE SHALL BE THE FINAL MORTGAGE LOAN SCHEDULE FOR ALL PURPOSES HEREOF.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Prime Mortgage Trust 2004-2), Pooling and Servicing Agreement (Bear Stearns ARM Trust, Series 2005-1), Pooling and Servicing Agreement (Bear Stearns ARM Trust 2005-4)

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