Common use of Single Premium Credit Life Insurance Clause in Contracts

Single Premium Credit Life Insurance. No Mortgagor was required to purchase any credit life, disability, accident or health insurance product as a condition of obtaining the extension of credit evidenced by the Mortgage Loan. No Mortgagor obtained a prepaid single-premium credit life, disability, accident or health insurance policy in connection with the origination of the Mortgage Loan. No proceeds from any Mortgage Loan were used to purchase single premium credit insurance policies as part of the origination of, or as a condition to closing, such Mortgage Loan;

Appears in 4 contracts

Samples: Mortgage Loan Purchase Agreement (Lehman XS Trust Series 2007-15n), Mortgage Loan Purchase Agreement (Lehman XS Trust Series 2007-7n), Master Repurchase Agreement (Fieldstone Investment Corp)

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Single Premium Credit Life Insurance. No Mortgagor was required to purchase any credit life, disability, accident or health insurance product or debt cancellation agreement as a condition of obtaining the extension of credit evidenced by the Mortgage Loancredit. No Mortgagor obtained a prepaid single-single premium credit life, disability, accident or health insurance policy in connection with the origination of the Mortgage Loan. No , and no proceeds from any Mortgage Loan were used to purchase single finance single-premium credit insurance policies or debt cancellation agreements as part of the origination of, or as a condition to closing, such Mortgage Loan;

Appears in 4 contracts

Samples: Assignment, Assumption and Recognition Agreement (Deutsche Alt-a Securities, Inc. Mortgage Loan Trust, Series 2006-Ar1), Seller's Warranties and Servicing Agreement (J.P. Morgan Mortgage Acquisition Trust 2006-Wf1), Seller's Warranties and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar5)

Single Premium Credit Life Insurance. No Mortgagor was required to purchase any credit life, credit disability, credit unemployment, credit property, accident or health insurance product as a condition of obtaining the extension of credit evidenced by the Mortgage Loancredit. No Mortgagor obtained a prepaid single-premium credit life, credit disability, credit unemployment, credit property, accident or health insurance policy in connection with the origination of the Mortgage Loan. No None of the proceeds from any of the Mortgage Loan were used to purchase single or finance single-premium credit insurance policies as part of the origination of, or as a condition to the closing, such Mortgage Loan;.

Appears in 3 contracts

Samples: Master Repurchase Agreement (Radian Group Inc), Master Repurchase Agreement (Radian Group Inc), Master Repurchase Agreement (Radian Group Inc)

Single Premium Credit Life Insurance. No Mortgagor was required to purchase any credit life, credit disability, credit unemployment, credit property, accident or health insurance product as a condition of obtaining the extension of credit evidenced by the Mortgage Loancredit. No Mortgagor obtained a prepaid single-premium credit life, credit disability, credit unemployment, credit property, accident or health insurance policy in connection with the origination of the Mortgage Loan. No proceeds from any Mortgage Loan were used to purchase or finance single premium credit insurance policies as part of the origination of, or as a condition to closing, such Mortgage Loan;

Appears in 2 contracts

Samples: Flow Sale and Servicing Agreement (ABFC 2006-Opt2 Trust), Flow Sale and Servicing Agreement (ABFC 2006-Opt3 Trust)

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Single Premium Credit Life Insurance. No Mortgagor was required to purchase any credit life, credit disability, credit unemployment, credit property, accident or health insurance product as a condition of obtaining the extension of credit evidenced by the Mortgage Loancredit. No Mortgagor obtained a prepaid single-premium credit life, credit disability, credit unemployment, credit property, accident or health insurance policy in connection with the origination of the Mortgage Loan. No None of the proceeds from any of the Mortgage Loan were used to purchase single or finance single-premium credit insurance policies as part of the origination of, or as a condition to the closing, such Mortgage Loan;

Appears in 2 contracts

Samples: Mortgage Loan Purchase and Interim Servicing Agreement (Five Oaks Investment Corp.), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (PHH Mortgage Trust, Series 2008-Cim1)

Single Premium Credit Life Insurance. No Mortgagor was required to purchase any credit life, disability, accident or health insurance product as a condition of obtaining the extension of credit evidenced by the Mortgage Loancredit. No Mortgagor obtained a prepaid single-single premium credit life, disability, accident or health insurance policy in connection with the origination of the Mortgage Loan. No , and no proceeds from any Mortgage Loan were used to purchase single finance single-premium credit insurance policies as part of the origination of, or as a condition to closing, such Mortgage Loan;

Appears in 1 contract

Samples: Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Af1)

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