Examples of BNC Mortgage Loan in a sentence
Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust, BNC Mortgage Loan Trust 2007-2, Mortgage Pass-Through Certificates, Series 2007-2.
Title of Account: “Xxxxx Fargo Bank, N.A. in trust for U.S. Bank National Association, as Trustee for the BNC Mortgage Loan Trust 2006-1.” Account Number: .
Address for notices or communications to Party B:- 0000 Xxx Xxxxxxxxx Xxxx Xxxxxxxx, Xxxxxxxx 00000 Attention: Client Manager, BNC Mortgage Loan Trust, Series 2007-4 Facsimile: (000) 000-0000 Phone: (000) 000-0000 With a copy to: 00000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: Xxxxxx X.
Title of Account: “Welxx Xxrgo Bank, N.A. in trust for U.S. Bank National Association, as Trustee for the BNC Mortgage Loan Trust 2006-2.” Account Number: ______________________.
Party A shall not institute against or cause any other person to institute against, or join any other person in instituting against BNC Mortgage Loan Trust 2006-1 any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any federal or state bankruptcy, dissolution or similar law, for a period of one year and one day following indefeasible payment in full of the Certificates.
Party A shall not institute against or cause any other person to institute against, or join any other person in instituting against BNC Mortgage Loan Trust 2006-2 any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any federal or state bankruptcy, dissolution or similar law, for a period of one year and one day following indefeasible payment in full of the Certificates.
The Servicer shall segregate and hold all funds collected and received pursuant to the Mortgage Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts, in the form of time deposit or demand accounts, titled “Xxxxx Fargo Bank, N.A. in trust for U.S. Bank National Association, as Trustee for the BNC Mortgage Loan Trust 2006-1.” The Custodial Account shall be an Eligible Deposit Account established with an Eligible Institution.
All such Eligible Investments shall be made in the name of the Master Servicer in trust for the benefit of the Trustee and Holders of the BNC Mortgage Loan Trust 2007-4 Mortgage Pass-Through Certificates, Series 2007-4.
Updated: 6/14/02] The word “knowingly,” as that term has been used from time to time in these instructions, means that the act was done voluntarily and intentionally and not because of mistake or accident.
U.S. Bank National Association solely in its capacity as 21046-0031-0Trustee for BNC Mortgage Loan Trust 2006-2, MortgagePass-Through Certificates, Series 2006-260 Livingston AvenueSaint Paul, Minnesota 55107 IN WITNESS WHEREOF, the Company has caused its Corporate Seal to be affixed hereto and these presents to be signed by its duly authorized officers in facsimile to become effective as its original seal and signature and binding on the Company.