MERS(R) System. The system of recording transfers of Mortgages electronically maintained by MERS.

MERS(R) System. MERS mortgage electronic registry system, as more particularly described in the MERS Procedures Manual.

MERS(R) System. The system of recording transfers of Mortgages electronically maintained by MERS. MIN: The Mortgage Identification Number for Mortgage Loans registered with MERS on the MERS(R)System.

Examples of MERS(R) System in a sentence

The Trustee makes no representations as to the validity or sufficiency of this Agreement or of the Certificates or of any Mortgage Loan or related document or of MERS or the MERS(R) System other than with respect to the Trustee's execution and counter-signature of the Certificates.
If the mortgage has been registered on the MERS(R) System, the Master Servicer shall cause the removal of the mortgage from registration on the MERS(R) System and execute and deliver, on behalf of the Indenture Trustee and the Noteholders, any instruments of satisfaction or cancellation or of partial or full release.
The Trustee makes no representations as to the validity or sufficiency of this Agreement or of any Mortgage Loan or related document or of MERS or the MERS(R) System other than with respect to the Trustee's execution and authentication of the Certificates.
The Master Servicer is authorized to cause the removal from the registration on the MERS(R) System of such Mortgage and to execute and deliver, on behalf of the Trustee and the Certificateholders or any of them, any and all instruments of satisfaction or cancellation or of partial or full release.
The Master Servicer shall not alter the codes referenced in this paragraph with respect to any MERS Loan during the term of this Agreement except in connection with an assignment of such MERS Loan or de-registration thereof from the MERS(R) System in accordance with the terms of this Agreement.

More Definitions of MERS(R) System

MERS(R) System. MERS electronic registry system, as more particularly described in the MERS Procedure Manual.

MERS(R) System. The electronice system of recording transfers of mortgages maintained by the Mortgage Electronic Registration Systems, Inc. or any successor or assigns thereof.

MERS(R) System. MERS mortgage electronic registry system, as more particularly described in the MERS Procedures Manual. MILA: MILA, Inc., a Washington corporation, and its successors in interest.

MERS(R) System means the Electronic Agent’s mortgage electronic registry system, as more particularly described in the MERS Procedures Manual.

MERS(R) System as follows:

MERS(R) System. The system of recording transfers of Mortgages electronically maintained by MERS. ----------------------------- 1/ Please contact Bear, Xxxxxxx & Co. Inc. for Acquisition Price.

MERS(R) System means the MERSCORP Holdings, Inc.’s mortgage electronic registry system.