Valid Lien. With respect to each Debt Instrument, the related ---------- Mortgage is or creates a valid, subsisting and enforceable lien on the related Mortgaged Property.
Appears in 7 contracts
Samples: Sale and Servicing Agreement (Firstplus Investment Corp), Sale and Servicing Agreement (Firstplus Investment Corp), Sale and Servicing Agreement (Firstplus Investment Corp)
Valid Lien. With respect to each Debt InstrumentInstrument that is secured by a Mortgage, the related ---------- if applicable, such Mortgage is or creates a valid, subsisting and enforceable lien on the related Mortgaged Property, including, in the case of a Mortgage securing a Home Improvement Loan, the land and all buildings on the related Mortgaged Property.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Firstplus Investment Corp), Sale and Servicing Agreement (Firstplus Investment Corp), Loan Sale Agreement (Firstplus Investment Corp)
Valid Lien. With respect to each Debt Instrument, the related ---------- Mortgage is or creates a valid, subsisting and enforceable lien on the related Mortgaged Property, including, in the case of a Mortgage securing a Home Improvement Loan, the land and all buildings on the related Mortgaged Property.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Firstplus Investment Corp), Loan Sale Agreement (Firstplus Investment Corp)
Valid Lien. With respect to each Debt InstrumentInstrument that is secured by a Mortgage, the related ---------- such Mortgage is or creates a valid, subsisting and enforceable lien on the related Mortgaged Property, including the land and all buildings on the related Mortgaged Property.
Appears in 1 contract
Valid Lien. With respect to each Debt InstrumentInstrument that is secured by a Mortgage, the related ---------- if applicable, such Mortgage is or creates a valid, subsisting and enforceable lien on the related Mortgaged Property.related
Appears in 1 contract
