Examples of Group 2 Mortgage Loan in a sentence

Notwithstanding the foregoing, any breach of a Deemed Material and Adverse Representation with respect to a Group 1 Mortgage Loan or Group 2 Mortgage Loan shall automatically be deemed to materially and adversely affect such Mortgage Loan or the interest of the related Certificateholders therein.
Exhibit D-2 Loan Group 2 Mortgage Loan Schedule...................
Exhibit D-2 Loan Group 2 Mortgage Loan Schedule.....................
Such flood insurance shall be in an amount equal to the lesser of (i) the unpaid principal balance of the related Group 2 Mortgage Loan and (ii) the maximum amount of such insurance required by the terms of the related Mortgage and as is available for the related property under the national flood insurance program (assuming that the area in which such property is located is participating in such program).
After such notification to BSMCC and, if any such excess exists, upon receipt of such deposit, the Trustee shall accept such Substitute Mortgage Loan, which shall thereafter be deemed to be a Group 1 Mortgage Loan, Group 2 Mortgage Loan, Group 3 Mortgage Loan or Group 4 Mortgage Loan, as applicable, hereunder.

More Definitions of Group 2 Mortgage Loan

Group 2 Mortgage Loan. A Mortgage Loan that is identified as such on the Mortgage Loan Schedule.

Group 2 Mortgage Loan. A Mortgage Loan that is identified as such on the Mortgage Loan Schedule and that has a Stated Principal Balance at origination that may or may not conform to Fxxxxx Mae or Fxxxxxx Mac loan limits.

Group 2 Mortgage Loan. Each Mortgage Loan listed on Exhibit D-2 hereto. Each Group 2 Mortgage Loan had, as of the Cut-off Date, a Principal Balance that does not conform to Fannie Mae and Freddie Mac guidelines.

Group 2 Mortgage Loan. Each Group 2 Mortgage Loan included in the Trust Fund on the Closing Date and listed on Mortgage Loan Schedule. The aggregate Principal Balance of the Group 2 Mortgage Loans as of the Cut-off Date is equal to $295,006,329.67.

Group 2 Mortgage Loan. Each Mortgage Loan listed on the Mortgage Loan Schedule attached as Exhibit D-2 hereto. Each Group 2 Mortgage Loan had, as of the Cut-off Date, a Principal Balance that may or may not conform to Xxxxxx Mae guidelines.

Group 2 Mortgage Loan. Each Mortgage Loan listed on Exhibit D-2 hereto. Each Group 2 Mortgage Loan had, as of the Cut-off Date, a Principal Balance that may or may not conform to Xxxxxx Mae guidelines.