Common use of Trustee under Deed of Trust Clause in Contracts

Trustee under Deed of Trust. If any Mortgage is a deed of trust, (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2) no fees or expenses are payable to such trustee by the Seller, the Purchaser or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loan.

Trustee under Deed of Trust. If any Mortgage is a deed of trust, (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2) no fees or expenses are payable to such trustee by the Seller, the Purchaser or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loan.

Trustee under Deed of Trust. If any the related Mortgage is a deed of trust, (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2) no fees or and expenses are payable to such trustee by the Seller, the Purchaser or any transferee thereof except in connection with a trustee's trustee sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property following a default or related security for in connection with the related release of liens securing such Mortgage LoanLoan and any such fees and expenses are the obligation of the Mortgagor under the terms of the Mortgage.

Trustee under Deed of Trust. If any Mortgage is a deed of trust, (1i) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2ii) no fees or expenses are payable to such trustee by the Seller, the Purchaser or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loan.

Trustee under Deed of Trust. If any the related Mortgage is a deed of trust, (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2) no fees or and expenses are payable to such trustee by the Seller, the Purchaser or any transferee thereof except in connection with a trustee's trustee sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property following a default or related security for in connection with the related release of liens securing such Mortgage Loan.

Trustee under Deed of Trust. If any Mortgage is a deed of trust, (1i) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2ii) no fees or expenses are payable to such trustee by the Seller, the Purchaser or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor Borrower or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loan.

Trustee under Deed of Trust. If any Mortgage is a deed of trust, (1a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2b) no fees or expenses are payable to such trustee by the Seller, the Purchaser or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loan.

Trustee under Deed of Trust. If the Mortgage for any Mortgage Loan is a deed of trust, (1) then a trustee, duly qualified under applicable law to serve as such, is has either been properly designated and serving under such Mortgage, currently so serves or may be substituted in accordance with the Mortgage and (2) no fees or expenses are payable to such trustee by the Seller, the Purchaser or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loanapplicable law.

Trustee under Deed of Trust. If the Mortgage in respect of any Mortgage Loan is a deed of trust, (1a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such MortgageMortgage or may be substituted in accordance with applicable law by the related mortgagee, and (2b) except in connection with a trustee's sale after default by the related Borrower, no fees or expenses are payable to such trustee by the Seller, the Purchaser Depositor or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loanthereof.

Trustee under Deed of Trust. If any Mortgage is a deed of trust, (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such MortgageMortgage or has been substituted in accordance with the Mortgage and applicable law, and (2) no fees or expenses are payable to such trustee by the Seller, the Purchaser or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loan.

Trustee under Deed of Trust. If any Mortgage is a deed of trust, (1a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2b) no fees or expenses are payable to such trustee by the Seller, the Purchaser Buyer or any transferee thereof except in connection with a trustee's ’s sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loan.

Trustee under Deed of Trust. If any the related Mortgage is a deed of trust, (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2) no fees or and expenses are payable to such trustee by the Seller, the Purchaser or any transferee thereof except in connection with a trustee's trustee sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property following a default or related security for in connection with the related release of liens securing the Mortgage LoanLoan and any such fees and expenses are the obligation of the Mortgagor under the terms of the Mortgage.

Trustee under Deed of Trust. If the Mortgage in respect of any Mortgage Loan is a deed of trust, (1a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2b) except in connection with a trustee's sale after default by the related Borrower, no fees or expenses are payable to such trustee by the Seller, the Purchaser or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loanthereof.

Trustee under Deed of Trust. If any Mortgage is a deed of trust, (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such MortgageMortgage or has been substituted in accordance with the Mortgage and applicable law, and (2) no fees or expenses are payable to such trustee by the Seller, the Purchaser or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loan.

Trustee under Deed of Trust. If any a Mortgage is a deed of trust, (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2) except in connection with a trustee's sale after default by the related Mortgagor, no fees or expenses are payable to such trustee by the Seller, the Purchaser Depositor or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loanthereof.

Trustee under Deed of Trust. If In the case of any Mortgage --------------------------- that is a deed of trust, (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2) no serves in accordance with applicable laws. No fees or expenses are payable to such the trustee by the Sellerunder any deed of trust, the Purchaser or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial the release of the related Mortgaged Property or related security for the related Mortgage LoanLoan following the payment of the mortgage loan in full.

Trustee under Deed of Trust. If any the Mortgage is a deed of trust, (1i) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2ii) no fees or expenses are payable to such trustee by the Seller, the Purchaser or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loan.

Trustee under Deed of Trust. If any Mortgage is a deed of trust, (1a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2b) no fees or expenses are payable to such trustee by the Seller, the Purchaser Buyer or any transferee thereof except in connection with a trustee's ’s sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loan.

Trustee under Deed of Trust. If any Mortgage is a deed of trust, (1a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2b) no fees or expenses are payable to such trustee by the Seller, the Purchaser Buyers or any transferee thereof except in connection with a trustee's ’s sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loan.

Trustee under Deed of Trust. If any Mortgage is a deed of trust, (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2) no fees or expenses are payable to such trustee by the Seller, the Purchaser Depositor or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor Borrower or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loan.

Trustee under Deed of Trust. If any Mortgage is a deed of trust, (1a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2b) no fees or expenses are payable to such trustee by the SellerPrincipal, the Purchaser Lender or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor borrower or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage LoanInvestment.

Trustee under Deed of Trust. If the Mortgage in respect of any Mortgage Loan is a deed of trust, (1a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2b) except in connection with a trustee's sale after default by the related Mortgagor, no fees or expenses are payable to such trustee by the Seller, the Purchaser or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loanthereof.

Trustee under Deed of Trust. If any Mortgage is a deed of trust, (1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2) no fees or expenses are payable to such trustee by the Seller, the Purchaser Depositor or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage Loan.

Trustee under Deed of Trust. If any Mortgage is a deed of trust, (1a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (2b) no fees or expenses are payable to such trustee by the SellerPrincipal, the Purchaser Lender or any transferee thereof except in connection with a trustee's ’s sale after default by the related Mortgagor borrower or in connection with any full or partial release of the related Mortgaged Property or related security for the related Mortgage LoanInvestment.