Common use of Sale of Note; Change of Loan Servicer Clause in Contracts

Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security Interest) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity (known as the “Loan Servicer”) that collects monthly payments due under the Note and this Security Instrument. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change in accordance with paragraph 14 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other information required by applicable law.

Appears in 6 contracts

Samples: www.ihda.org, www.ihda.org, www.ihda.org

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Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security InterestInstrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity (known as the "Loan Servicer") that collects monthly payments due under the Note and this Security Instrument. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change in accordance with paragraph 14 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other information required by applicable law.

Appears in 5 contracts

Samples: www.asnnotary.org, www.saturntitle.com, singlefamily.fanniemae.com

Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security InterestInstrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity (known as the “Loan Servicer”) that collects monthly payments due under the Note and this Security Instrument. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change in accordance with paragraph 14 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other information required by applicable law.

Appears in 3 contracts

Samples: www.truist.com, Shepherd's Finance, LLC, Shepherd's Finance, LLC

Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security InterestInstrument) may be sold one or more times without with prior notice to BorrowerMortgagor. A sale may result in a change in the entity (known as the “Loan Servicer”) that collects monthly payments due under the Note and this Security Instrument. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower Mortgagor will be given written notice of the change in accordance with paragraph 14 13 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other information required by applicable law.

Appears in 2 contracts

Samples: Mortgage (Biovest International Inc), Mortgage (Biovest International Inc)

Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security InterestMortgage) may be sold one or more times without prior notice to Borrower. Borrower(s) A sale may result in a change in the entity (known as the “Loan Servicer”) that collects monthly payments due under the Note and this Security InstrumentMortgage. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower Borrower(s) will be given written notice of the change in accordance with paragraph Paragraph 14 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other information required by applicable law.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Marriott Vacations Worldwide Corp), Sale Agreement (Marriott Vacations Worldwide Corp)

Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security InterestInstrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity (known as the “Loan Servicer”) that collects monthly payments due under the Note and this Security Instrument. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change in accordance with paragraph 14 11 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other information required by applicable law.

Appears in 2 contracts

Samples: Deed of Trust and Security Agreement (Electropure Inc), Deed of Trust and Security Agreement (Electropure Inc)

Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security InterestInstrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity (known as the "Loan Servicer") that collects monthly payments due under the Note and this Security Instrument. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change in accordance with paragraph 14 Section 11 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other information required by applicable law.

Appears in 1 contract

Samples: www.cpahousing.org

Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security InterestInstrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity (known as the “Loan Servicer”) that collects monthly payments due under the Note and this Security Instrument. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change in accordance with paragraph 14 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other information required by applicable law. The holder of the Note and this Security Instrument shall be deemed to be the Lender hereunder.

Appears in 1 contract

Samples: www.abstracttitleagency.com

Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security InterestInstrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity (known as the "Loan Servicer") that collects monthly payments due under the Note and this Security Instrument. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change in accordance with paragraph 14 15 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other information required by applicable law.

Appears in 1 contract

Samples: Subrecipient Agreement

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Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security InterestInstrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in of the entity (known as the “Loan Servicer”) that collects monthly payments due under the Note and this Security InstrumentInstrument (known as the ''Loan Servicer"). There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change in accordance with paragraph 14 Paragraph 12 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other information required by applicable law.

Appears in 1 contract

Samples: www.fhlbc.com

Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security Interestthis, Instrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity (known as the "Loan Servicer") that collects monthly payments due under the Note and this Security Instrument. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, S Borrower will be given written notice of the change in accordance with paragraph 14 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will not also contain any other information required by applicable law.

Appears in 1 contract

Samples: Paradise Resorts & Rentals Inc

Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security InterestInstrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity (known as the "Loan Servicer") that collects monthly payments due under the Note and this Security Instrumentinstrument. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change in accordance with paragraph 14 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other information required by applicable law.

Appears in 1 contract

Samples: www.madisontitle.com

Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security InterestInstrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity (known as the "Loan Servicer") that collects monthly payments due under the Note and this Security Instrument. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change in accordance with paragraph 14 11 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other information required by applicable law.

Appears in 1 contract

Samples: Trust and Security Agreement (Electropure Inc)

Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security InterestDeed of Trust) may be sold one or more times without prior notice to BorrowerTrustor. A sale may result in a change in the entity (known as the "Loan Servicer") that collects monthly payments due under the Note and this Security InstrumentDeed of Trust. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower Trustor will be given written notice of the change in accordance with paragraph 14 Section 19 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other information required by applicable law.

Appears in 1 contract

Samples: Loan Agreement

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