Common use of The Mortgagor Clause in Contracts

The Mortgagor. The Mortgagor is one or more natural persons and/or an Illinois land trust or a "living trust" and such "living trust" is in compliance with Xxxxxx Mae or Xxxxxxx Mac guidelines. In the event the Mortgagor is a trust, the trustee of such trust is a natural person and is an obligor under the Mortgage Note in his or her individual capacity;

Appears in 2 contracts

Samples: Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Banc of America Funding 2006-I Trust), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Banc of America Funding 2006-8t2 Trust)

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The Mortgagor. The Mortgagor is one or more natural persons and/or trustees for an Illinois land trust or a trustee under a "living trust" and such "living trust" is in compliance with Xxxxxx Mae Xxx or Xxxxxxx Mac guidelines. In the event the Mortgagor is a trust, the trustee of such trust is a natural person and is an obligor under the Mortgage Note in his or her individual capacity;

Appears in 2 contracts

Samples: Servicing Agreement (Lehman Xs Trust Series 2005-3), Servicing Agreement (Greenwich Capital Acceptance Inc)

The Mortgagor. The Mortgagor is one or more natural persons and/or trustees for an Illinois land trust or a "trustee under a “living trust" and such "living trust" is in compliance with Xxxxxx Mae Xxx or Xxxxxxx Mac guidelines. In the event the Mortgagor is a trust, the trustee of such trust is a natural person and is an obligor under the Mortgage Note in his or her individual capacity;

Appears in 2 contracts

Samples: Servicing Agreement (Thornburg Mortgage Securities Trust 2005-4), Servicing Agreement (Greenwich Capital Acceptance Inc)

The Mortgagor. The Mortgagor is one or more natural persons and/or trustees for an Illinois land trust or a trustee under a "living trust" and such "living trust" is in compliance with Xxxxxx Mae or Xxxxxxx Mac guidelines. In the event the Mortgagor is a trust, the trustee of such trust is a natural person and is an obligor under the Mortgage Note in his or her individual capacity;

Appears in 2 contracts

Samples: Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Cer Se 2002-1a), Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Cer Ser 2002-8a)

The Mortgagor. The Mortgagor is one or more natural persons and/or an Illinois land trust or a "living trust" and such "living trust" is in compliance with Xxxxxx Mae or Xxxxxxx Mac guidelines. In the event the Mortgagor is a trust, the trustee of such trust is a natural person and is an obligor under the Mortgage Note a Mortgagor in his or her individual capacity;.

Appears in 1 contract

Samples: Master Bulk Sale and Servicing Agreement (Banc of America Funding Corp)

The Mortgagor. The Mortgagor is one or more natural persons and/or an Illinois land trust or a "living trust" and such "living trust" is in compliance with Xxxxxx Mae or Xxxxxxx Mac guidelines. In the event the Mortgagor is a trust, the trustee of such trust is a natural person and is an obligor under the Mortgage Note a Mortgagor in his or her individual capacity;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Am1)

The Mortgagor. The Mortgagor is one or more natural persons and/or trustees for an Illinois land trust or a "trustee under a “living trust" and such "living trust" is in compliance with Xxxxxx Mae or Xxxxxxx Mac guidelines. In the event the Mortgagor is a trust, the trustee of such trust is a natural person and is an obligor under the Mortgage Note in his or her individual capacity;Mac

Appears in 1 contract

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

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The Mortgagor. The Mortgagor is one or more natural persons and/or trustees for an Illinois land trust or a "trustee under a “living trust" and such "living trust" is in compliance with Xxxxxx Mae or Xxxxxxx Mac guidelines. In the event the Mortgagor is a trusttrustee, the trustee of such trust borrower is a natural person and is an obligor under the Mortgage Note in his or her individual capacityperson;

Appears in 1 contract

Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-26)

The Mortgagor. The Mortgagor is one or more natural persons and/or trustees for an Illinois land trust or a "trustee under a “living trust" and such "living trust" is in compliance with Xxxxxx the Fxxxxx Mae Guides or Xxxxxxx the Fxxxxxx Mac guidelinesGuide. In the event the Mortgagor is a trusttrustee, the trustee of such trust borrower is a natural person and is an obligor under the Mortgage Note in his or her individual capacityperson;

Appears in 1 contract

Samples: Flow Sale and Servicing Agreement (GSR Mortgage Loan Trust 2007-4f)

The Mortgagor. The Mortgagor is one or more natural persons and/or trustees for an Illinois land trust or a "trustee under a “living trust" and such "living trust" is in compliance with Xxxxxx Mae Xxx or Xxxxxxx Mac guidelines. In the event the Mortgagor is a trusttrustee, the trustee of such trust borrower is a natural person and is an obligor under the Mortgage Note in his or her individual capacity;person; and

Appears in 1 contract

Samples: Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-10)

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