Common use of Single Family Residential Housing Only Clause in Contracts

Single Family Residential Housing Only. Each Group I Mortgage Loans is exclusively secured by single-family (one-to four unit) residential housing. No Group I Mortgage Loans may be on multifamily, commercial, industrial, agricultural or undeveloped property, or any property located anywhere except the continental United States, Alaska, Hawaii, Puerto Rico, the Virgin Islands or Guam; and

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc2), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2007-Br5), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc3)

AutoNDA by SimpleDocs

Single Family Residential Housing Only. Each Group I Mortgage Loans is exclusively secured by single-family (one-to four unit) residential housing. No Group I Mortgage Loans may be on multifamily, commercial, industrial, agricultural or undeveloped property, or any property located anywhere except the continental United States, Alaska, Hawaii, Puerto Rico, the Virgin Islands or Guam; and;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc4)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.