Regarding the Mortgagor. To the best of the Seller's knowledge, all parties to the Mortgage Note and the Mortgage had legal capacity to enter into the Mortgage Loan and to execute and deliver the Mortgage Note and the Mortgage, and the Mortgage Note and the Mortgage have been duly and properly executed by such parties. The Mortgagor is one or more natural persons and/or trustee for an Illinois land trust or a trustee under a "living trust" and such "living trust" is in compliance with Xxxxxx Mae guidelines for such trusts;
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Samples: Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-Af1), Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-A4), Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A1)
Regarding the Mortgagor. To the best of the Seller's knowledge, all parties to the Mortgage Note and the Mortgage had legal capacity to enter into the Mortgage Loan and to execute and deliver the Mortgage Note and the Mortgage, and the Mortgage Note and the Mortgage have been duly and properly executed by such parties. The Mortgagor is one or more natural persons and/or trustee for an Illinois land trust or a trustee under a "living trust" and such "living trust" is in compliance with Xxxxxx Fannie Mae guidelines for such trusts;
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