No Future Advances. The proceeds of the Loan have been fully disbursed, and there is no obligation on the part of the mortgagee or any person to make, or option on the part of the Borrower to request, future advances thereunder. Any and all requirements as to completion of any on-site or off-site improvements and as to disbursements of any escrow funds therefor have been satisfied. All costs, fees and expenses incurred in making or closing or recording the Loans were paid.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Painewebber Mort Accept Corp Iv New South Home Eq Tr 1999-1), Pooling and Servicing Agreement (Painewebber Mort Accept Corp Iv New South 1999 2)
No Future Advances. The proceeds of the Mortgage Loan have been fully disbursed, and there is no obligation on the part of the mortgagee or any person to make, or option on the part of the Borrower to request, make future advances thereunder. Any and all requirements as to completion of any on-site or off-site improvements and as to disbursements of any escrow funds therefor have been satisfiedcomplied with. All costs, fees and expenses incurred in making or closing or recording documents with respect to the Mortgage Loans were paid.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Eqcc Receivables Corp), Pooling and Servicing Agreement (Eqcc Receivables Corp)
No Future Advances. The proceeds of the Mortgage Loan have been fully disbursed, and there is no obligation on the part of the mortgagee or any person to make, or option on the part of the Borrower mortgagor to request, future advances thereunder. Any and all requirements as to completion of any on-site or off-site improvements and as to disbursements of any escrow funds therefor have been satisfied. All costs, fees and expenses incurred in making or closing or recording the Mortgage Loans were paid.;
Appears in 1 contract
Samples: Sale and Servicing Agreement (Hsi Asset Securitization Corp)
