Common use of No Negative Amortization Loans; No HELOCs; All 30 Year Mortgages Clause in Contracts

No Negative Amortization Loans; No HELOCs; All 30 Year Mortgages. The Mortgage Loans have an original term to maturity of not more than 30 years, with interest payable in arrears on the first day of each month. Each Mortgage Note requires a monthly payment which is sufficient to fully amortize the original principal balance over the original term thereof (except in the case of interest only loans) and to pay interest at the related Mortgage Interest Rate. No Mortgage Loan contains terms or provisions which would result in negative