Decision One definition
Examples of Decision One in a sentence
Capitalized terms used but not otherwise defined in the Agreement shall have the meanings ascribed thereto in the Decision One Purchase Agreement.
All individual insurance policies contain a standard mortgagee clause naming Decision One and its successors and assigns as mortgagee, and all premiums thereon have been paid.
Decision One executed and delivered any and all notices required under applicable law and the terms of the related Mortgage Note and Mortgage regarding the Mortgage Interest Rate and the Monthly Payment adjustments.
Decision One, its successor and assigns, are the sole insureds of such lender's title insurance policy, and such lender's title insurance policy is valid and remains in full force and effect and will be in force and effect upon the consummation of the transactions contemplated by this Agreement.
The origination, servicing and collection practices used by Decision One with respect to the Mortgage Loan have been in all respects in compliance with Accepted Servicing Practices, applicable laws and regulations, and have been in all respects legal and proper.
No escrow deposits or Escrow Payments or other charges or payments due to Decision One have been capitalized under the Mortgage or the Mortgage Note.
With respect to escrow deposits and Escrow Payments, all such payments are in the possession of, or under the control of, Decision One and there exist no deficiencies in connection therewith for which customary arrangements for repayment thereof have not been made.
The Mortgagor has executed a statement to the effect that the Mortgagor has received all disclosure materials required by, and Decision One has complied with, all applicable law with respect to the making of the Mortgage Loans.
Decision One intends to relinquish all rights to possess, control and monitor the Mortgage Loan.
Any security agreement, chattel mortgage or equivalent document related to and delivered in connection with the Mortgage Loan establishes and creates a valid, subsisting, enforceable and perfected first lien and first priority security interest on the property described therein and Decision One has full right to sell and assign the same to the Purchaser.