Principal and Interest Custodial Account. The non-interest bearing account that the Issuer maintains with a financial institution for the deposit of principal (including scheduled and unscheduled) and interest collected from mortgagors, or in connection with the related property, to be paid to Security Holders.
Appears in 3 contracts
Samples: Guaranty Agreement, Guaranty Agreement, Guaranty Agreement
Principal and Interest Custodial Account. The non-interest bearing account that the Issuer maintains with a financial institution for the deposit of principal (including scheduled and unscheduled) and interest collected from mortgagors, or in connection with the related property, to be paid made available to the CPTA for payment to Security Holders.
Appears in 3 contracts
Samples: Guaranty Agreement, Guaranty Agreement, Guaranty Agreement
Principal and Interest Custodial Account. The non-interest bearing account that the Issuer maintains with a financial institution for the deposit of principal (including scheduled and unscheduled) and interest collected from mortgagors, or in connection with the related property, to be paid made available to the CPTA for payment to Security Holders.
Appears in 2 contracts
Samples: Guaranty Agreement Ginnie Mae Ii, Guaranty Agreement Ginnie Mae Ii
Principal and Interest Custodial Account. The non-interest bearing account that the Issuer maintains with a financial institution for the deposit of principal (including scheduled and unscheduled) and interest collected from the mortgagor or mortgagors, or in connection with the related property, to be paid to Security Holders.
Appears in 1 contract
Samples: Guaranty Agreement
Principal and Interest Custodial Account. The non-interest bearing account that the Issuer maintains with a financial institution for the deposit of principal (including scheduled and unscheduled) and interest collected from mortgagors, or in connection with the related property, to be paid to Security Holders.
Appears in 1 contract
Samples: Guaranty Agreement
