Common use of Recorded Instruments Clause in Contracts

Recorded Instruments. The Mortgage has been properly recorded in the applicable jurisdiction and the assignment of Mortgage for each Mortgage Loan is in recordable form for the applicable jurisdiction and constitute the legal, valid and binding assignment of such Mortgage Loan. The full amount of the Mortgage has been recorded on each related Mortgaged Property, and all applicable mortgage recording taxes have been paid.

Appears in 3 contracts

Samples: Mortgage Loan Purchase Agreement (Merrill Lynch Mort Invest Inc Mort Pass THR Cert Ser 1999 C1), Mortgage Loan Purchase Agreement (Merrill Lynch Mort Invest Inc Mort Pass THR Cert Ser 1999 C1), Mortgage Loan Purchase Agreement (Merrill Lynch Mort Invest Inc Mort Pass THR Cert Ser 1999 C1)

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Recorded Instruments. The Both the Mortgage has been properly recorded in the applicable jurisdiction and the assignment of Mortgage for each Mortgage Loan is have been properly recorded in recordable form for the applicable jurisdiction and constitute the legal, valid and binding assignment of such Mortgage Loan. The full amount of the Mortgage has been recorded on each related Mortgaged Property, and all applicable mortgage recording taxes have been paid.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Sale Agreement (Painewebber Mortgage Acceptance Corp V)

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Recorded Instruments. The Both the Mortgage has been properly recorded in the applicable jurisdiction and the assignment of Mortgage for each Mortgage Loan is have been properly recorded in recordable form for the applicable jurisdiction and constitute the legal, valid and binding assignment of such Mortgage Loan. The Except as set forth in Exhibit D attached hereto, the full amount of the Mortgage has been recorded on each related Mortgaged Property, and all applicable mortgage recording taxes have been paid.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Sale Agreement (Painewebber Mortgage Acceptance Corp V)

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