Common use of Ownership of Mortgaged Property Clause in Contracts

Ownership of Mortgaged Property. With respect to each Home Loan, ------------------------------- the related Servicer's Home Loan File contains a title document reflecting that title to the related Mortgaged Property is held at least 50% by the Obligor under such Home Loan.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Firstplus Investment Corp), Sale and Servicing Agreement (Firstplus Investment Corp), Sale and Servicing Agreement (Firstplus Investment Corp)

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Ownership of Mortgaged Property. With respect to each Home Loan, ------------------------------- the The related Servicer's Home Loan File for each Home Loan (other than an Unsecured Home Loan) contains a title document with respect to such Home Loan reflecting that title to the any related Mortgaged Property is held vested at least 50% by in the Obligor under such Home Loan.related Obligor;

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Painewebber Mortgage Acceptance Corporation Iv), Sale and Servicing Agreement (Painewebber Mortgage Acceptance Corporation Iv)

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Ownership of Mortgaged Property. With respect to each Home Loan, the ------------------------------- the related Servicer's Home Loan File contains a title document reflecting that title to the related Mortgaged Property is held at least 50% by the Obligor under such Home Loan.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Firstplus Investment Corp)

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