Bank Mortgage definition
Examples of Bank Mortgage in a sentence
The Mortgage Loan Schedule attached hereto as Schedule A-1 specifies those Mortgage Loans that are Transferred Mortgage Loans and the Mortgage Loan Schedule attached hereto as Schedule A-2 specifies those Mortgage Loans that are Bank Originated Loans each of which categories of Bank Mortgage Loans have been assigned by the Bank to the Seller pursuant to the Assignment and Assumption Agreement.
The Mortgage Loan Schedule attached hereto as Schedule A-1 specifies those Mortgage Loans that are Transferred Mortgage Loans and the Mortgage Loan Schedule attached hereto as Schedule A-2 specifies those Mortgage Loans that are Bank Originated Mortgage Loans, each of which categories of Bank Mortgage Loans have been assigned by the Bank to the Seller pursuant to the Assignment and Assumption Agreement.
With respect to the ▇▇▇▇▇▇▇ Bank Mortgage Loans and the period from the applicable Bring-Down Date to and including the Closing Date, the Seller hereby makes the representations and warranties contained in Sections 7.01 of the ▇▇▇▇▇▇▇ Bank Sale and Servicing Agreement with respect to each of the ▇▇▇▇▇▇▇ Bank Mortgage Loans to and for the benefit of the Depositor, the Trustee and the Trust Fund.
Such loan is secured by a second lien on a portion of the collateral for the Ocean Bank Mortgage.
Quebec only: If this is a GIC with Royal Bank Mortgage Corporation or The Royal Trust Company, it is a deposit within the meaning of the Deposit Institutions and Deposit Protection Act (Quebec).
More information may be found at the following websites: Information for individuals holding accounts with Canadian financial institutions: Information for entities holding accounts with Canadian financial institutions: Royal Bank of Canada and our affiliates, the Royal Trust Corporation of Canada, The Royal Trust Company and the Royal Bank Mortgage Corporation, are members of the Canada Deposit Insurance Corporation (CDlC).
BNC Mortgage LLC (formerly known as BNC Mortgage, Inc.) (“BNC”) and the Servicer are parties to a Flow Interim Servicing Agreement dated as of October 1, 2006 (the “BNC Flow Interim Servicing Agreement”) pursuant to which the Servicer subservices certain mortgage loans for BNC identified on Exhibit L hereto (the “Subserviced Mortgage Loans” and together with the Bank Mortgage Loans, the “Mortgage Loans.”).
With respect to the Virtual Bank Mortgage Loans the Seller hereby makes the representations and warranties contained in Section 9.02 of the Virtual Bank Purchase Agreement (other than the representation contained in Section 9.02(b) of the Virtual Bank Purchase Agreement) to and for the benefit of the Depositor, the Trustee and the Trust Fund.
First Bank: First Bank Mortgage, a Missouri corporation, and its successors in interest.
First Franklin and the Servicer are parties to a subservicing agreement dated as of August 1, 2002, pursuant to which the Servicer services the Bank Mortgage Loans on behalf of First Franklin.