Common use of Proceeds of Mortgage Loans Clause in Contracts

Proceeds of Mortgage Loans. The transfer and sale hereby of all of the Seller's right, title and interest in and to each Mortgage Loan shall include all proceeds, products and profits derived therefrom, including, without limitation, all scheduled payments of principal of and interest on such Mortgage Loans and other amounts due or payable or to become due or payable in respect thereof and proceeds thereof, including, without limitation, all moneys, goods and other tangible or intangible property received upon the liquidation or sale thereof.