Possession of Mortgage Files. (a) Upon the issuance of the Certificates, the ownership of each Mortgage Note, the Mortgage and the contents of the related Mortgage File is vested in the Trustee for the benefit of the Certificateholders. (b) Pursuant to Section 2.04, the Depositors have delivered or caused to be delivered each Mortgage File to the Custodian.
Appears in 7 contracts
Samples: Pooling and Servicing Agreement (Eqcc Asset Backed Corp), Pooling and Servicing Agreement (Eqcc Asset Backed Corp), Pooling and Servicing Agreement (Eqcc Receivables Corp)
Possession of Mortgage Files. (a) Upon the issuance of the Certificates, and upon delivery of each Subsequent Mortgage Loan or Qualified Substitute Mortgage Loan, the ownership of each Mortgage Note, the Mortgage and the contents of the related Mortgage File is vested in the Trustee for the benefit of the Certificateholders.
(b) Pursuant to Section 2.04, the Depositors have Depositor has delivered or caused to be delivered to the Trustee or the Custodian each Trustee's Mortgage File with respect to the CustodianInitial Mortgage Loans.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Superior Bank FSB), Pooling and Servicing Agreement (Superior Bank FSB)
Possession of Mortgage Files. (a) Upon the issuance of the Certificates, the ownership of each Mortgage Note, the Mortgage and the contents of the related Mortgage File is vested in the Trustee for the benefit of the CertificateholdersCertificateholders and the Certificate Insurer.
(b) Pursuant to Section 2.04, the Depositors have Depositor has delivered or caused to be delivered each Mortgage File to the Custodian.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Eqcc Receivables Corp)
Possession of Mortgage Files. (a) Upon the issuance of the Certificates, the ownership of each Mortgage Note, the Mortgage and the contents of the related Mortgage File is vested in the Trustee for the benefit of the CertificateholdersCertificateholders and the Certificate Insurer.
(b) Pursuant to Section 2.04, the Depositors have Depositor has delivered or caused to be ------------ delivered each Mortgage File to the Custodian.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Eqcc Receivables Corp)
Possession of Mortgage Files. (a) Upon the issuance of the Certificates, the ownership of each Mortgage Note, the Mortgage and the contents of the related Mortgage File relating to the Mortgage Loans (other than the Reserve Amount) is vested in the Trustee Trustee, for the benefit of the Certificateholders.
(b) Pursuant to Section 2.04, the Depositors have Depositor has delivered or caused to be delivered each Trustee's Mortgage File relating to the CustodianMortgage Loans to the Custodian on behalf of the Trustee.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Funding Corp)
