Release, Satisfaction and Reconveyance. Upon the payment in full of any Mortgage Loan, the Direct Servicer will be responsible for processing the reconveyance, satisfaction or release appropriate in the applicable jurisdiction or on the applicable Mortgage Registry System and any related documentation in accordance with Accepted Servicing Practices, including releasing the lien within the time and as required by applicable law.
Appears in 4 contracts
Samples: Second Amended and Restated 2016 Single Family Master Trust Agreement, Single Family Master Trust Agreement, Master Trust Agreement
Release, Satisfaction and Reconveyance. Upon the payment in full of any Mortgage Loan, the Direct Servicer will be responsible for processing the reconveyance, satisfaction or release appropriate in the applicable jurisdiction or on the applicable Mortgage Registry System and any related documentation in accordance with Accepted Servicing PracticesSection 5.5, including releasing the lien within the time and as required by applicable law.
Appears in 3 contracts
Samples: Single Family Master Trust Agreement, Second Amended and Restated 2007 Single Family Master Trust Agreement, 2009 Single Family Master Trust Agreement
