Common use of The Offered Securities Clause in Contracts

The Offered Securities. The Depositor proposes to cause the Issuer to sell, pursuant to the Underwriting Agreement to the Underwriter or Underwriters named therein, two classes of asset backed notes (the "Securities") representing obligations of the Issuer, which obligations are secured by a pledge of mortgage loans (the "Mortgage Loans") and certain related property. The Securities will be issued pursuant to an indenture (the "Indenture") dated as of June 1, 1999 by and between the Issuer and Norwest Bank Minnesota, National Association, as indenture trustee (the "Indenture Trustee"). The underlying loans were originated or acquired by Mortgage Lenders Network USA, Inc. ("MLN"). MLN has conveyed its interest in the Mortgage Loans to the Depositor which will in turn convey the Mortgage Loans to the Issuer. The Mortgage Loans are to be serviced pursuant to a Servicing Agreement dated as of June 1, 1999 by and among the Issuer, MLN, as servicer (in such capacity, the "Servicer"), Norwest Bank Minnesota, National Association, as master servicer (in such capacity, the "Master Servicer") and the Indenture Trustee. The terms and rights of any particular issuance of Securities shall be as specified in the Underwriting Agreement relating thereto and in or pursuant to the Indenture identified in such Underwriting Agreement. The Securities which are the subject of any particular Underwriting Agreement into which this Agreement is incorporated are herein referred to as the "Offered Securities."

The Offered Securities. The Depositor proposes to cause the Issuer to sell, pursuant to the Underwriting Agreement to the Underwriter or several Underwriters named therein, two classes of asset backed notes (the "Securities") representing obligations of the Issuer, which obligations are secured by a pledge of mortgage loans (the "Mortgage Loans") and certain related property. The Securities will be issued pursuant to an indenture (the "Indenture") dated as of June March 1, 1999 1998 by and between the Issuer and Norwest Bank Minnesota, National Association., as indenture trustee (the "Indenture Trustee"). The underlying loans were originated or acquired by Mortgage Lenders Network USA, Inc. (the "MLNSeller"). MLN has conveyed its interest in the Mortgage Loans to the Depositor which will in turn convey the Mortgage Loans to the Issuer. The Mortgage Loans ) and are to be serviced pursuant to a Servicing Agreement dated as of June March 1, 1999 1998 by and among the Issuer, MLNMortgage Lenders Network USA, Inc., as servicer (in such capacity, the "Servicer"), Norwest Bank Minnesota, National Association, as master servicer (in such capacity, the "Master Servicer") and the Indenture Trustee. The terms and rights of any particular issuance of Securities shall be as specified in the Underwriting Agreement relating thereto and in or pursuant to the Indenture identified in such Underwriting Agreement. The Securities which are the subject of any particular Underwriting Agreement into which this Agreement is incorporated are herein referred to as the "Offered Securities."

The Offered Securities. The Depositor proposes to cause the Issuer to sell, pursuant to the Underwriting Agreement to the Underwriter or several Underwriters named therein, two classes of asset backed notes (the "Securities") representing obligations of the Issuer, which obligations are secured by a pledge of mortgage loans (the "Mortgage Loans") and certain related property. The Securities will be issued pursuant to an indenture (the "Indenture") dated as of June 1, 1999 1998 by and between the Issuer and Norwest Bank Minnesota, National Association., as indenture trustee (the "Indenture Trustee"). The underlying loans were originated or acquired by Mortgage Lenders Network USA, Inc. (the "MLNSeller"). MLN has conveyed its interest in the Mortgage Loans to the Depositor which will in turn convey the Mortgage Loans to the Issuer. The Mortgage Loans ) and are to be serviced pursuant to a Servicing Agreement dated as of June 1, 1999 1998 by and among the Issuer, MLNMortgage Lenders Network USA, Inc., as servicer (in such capacity, the "Servicer"), Norwest Bank Minnesota, National Association, as master servicer (in such capacity, the "Master Servicer") and the Indenture Trustee. The terms and rights of any particular issuance of Securities shall be as specified in the Underwriting Agreement relating thereto and in or pursuant to the Indenture identified in such Underwriting Agreement. The Securities which are the subject of any particular Underwriting Agreement into which this Agreement is incorporated are herein referred to as the "Offered Securities."