Common use of Registration with MERS Clause in Contracts

Registration with MERS. The Servicer shall register any Loan on the MERS® System and execute and deliver, on behalf of the Company any and all instruments of assignment and other comparable instruments with respect to such assignment or re-recording of a mortgage securing a Loan in the name of MERS®, solely as nominee for the Company and its successors and assigns. No other Person shall be identified on the MERS® system as having any interest in any of the Loans. The Loans shall remain registered on the MERS® system unless default, foreclosure or similar legal or MERS® requirements dictate otherwise. The Servicer shall provide the Company with such reports from the MERS® system as either the Company, from time to time, may request, including to allow the Company to verify the Persons identified on the MERS® system as having any interest in any of the Loans and to confirm that the Loans required to be registered on the MERS® system are so registered. The Servicer shall also execute and deliver to the Company the Electronic Tracking Agreement. Without limiting the foregoing, upon the request of the Company, the Servicer shall cause MERS® to run a query with respect to any and all specified fields on the MERS® system with respect to any or all of the Loans registered on the MERS® system and provide the results to the Company and, if requested by the Company, shall cause MERS® to change the information in such fields, to the extent MERS® will do so in accordance with its policies and procedures, to reflect its instructions.

Registration with MERS. The Servicer shall register any Loan take all actions necessary to ensure that all Loans registered on the MERS® System and execute and delivershall remain registered unless default, on behalf of the Company any and all instruments of assignment and foreclosure or similar legal or MERS requirements dictate otherwise. No Person other comparable instruments with respect to such assignment or re-recording of a mortgage securing a Loan in the name of than MERS®, solely as nominee for the Company and its successors and assigns. No other Person , shall be identified on the MERS® system System as having any interest in any of the Loans. The Loans shall remain that are so registered on unless otherwise consented to by the MERS® system unless default, foreclosure or similar legal or MERS® requirements dictate otherwiseParticipant. The Servicer shall provide the Company and the Participant with such reports from the MERS® system MERS as either the CompanyCompany or the Participant, from time to time, may request, including to allow the Company to verify the Persons identified on the MERS® system System as having any interest in any of the Loans and to confirm that the Loans required to be registered on the MERS® system are System continue to be so registered. The Servicer shall also execute and deliver to the Company the Electronic Tracking Agreement. Without limiting the foregoing, upon the request of the Company, the Servicer shall cause MERS® to request that MERS run a query with respect to any and all specified fields on the MERS® system System with respect to any or all of the Loans registered on the MERS® system System and provide the results to the Company and, if requested by the Company, shall cause MERS® to request that MERS change the information in such fields, to the extent MERS® MERS will do so in accordance with its policies and procedures, to reflect its instructions.