Common use of Regarding the Mortgagor Clause in Contracts

Regarding the Mortgagor. The Mortgagor is one or more natural persons (other than such Mortgagor that is an revocable, inter-vivos trust made by a natural person that conforms to the eligibility requirements of Xxxxxx Mae for such mortgagors). No Mortgagor is the obligor on more than two Mortgage Notes in any Mortgage Loan Package;

Appears in 5 contracts

Samples: Master Seller's Warranties and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-3), Master Seller's Warranties and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Oar4), Master Seller's Warranties and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Oar2)

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