Mortgagors. The Mortgagor with respect to each Mortgage Loan is one or more natural persons and/or trustees for an Illinois land trust or a trustee under a “living trust” and such “living trust” is in compliance with FNMA or Xxxxxxx Mac guidelines. In the event a Mortgagor is a trustee, the related borrower is a natural person; and
Appears in 4 contracts
Samples: Custodial Agreement (STARM Mortgage Loan Trust 2007-1), Custodial Agreement (GSR Mortgage Loan Trust 2006-9f), Custodial Agreement (GSR Mortgage Loan Trust 2007-4f)
Mortgagors. The Mortgagor with respect to each Mortgage Loan is one or more natural persons and/or trustees for an Illinois land trust or a trustee under a “living trust” and such “living trust” is in compliance with FNMA Xxxxxx Xxx or Xxxxxxx Mac guidelines. In the event a Mortgagor is a trustee, the related borrower is a natural person; and;
Appears in 2 contracts
Samples: Custodial Agreement (GSR 2006-Ar2), Custodial Agreement (GSR Mortgage Loan Trust 2006-Ar1)
Mortgagors. The Mortgagor with respect to each Mortgage Loan is one or more natural persons and/or trustees for an Illinois land trust or a trustee under a “"living trust” " and such “"living trust” " is in compliance with FNMA or Xxxxxxx Mac FHLMC guidelines. In the event a Mortgagor is a trustee, the related borrower is a natural person; and.
Appears in 1 contract
Samples: Servicing Agreement (GS Mortgage GSAA Home Eq. Trust 2004-7)