Examples of National City Mortgage Loans in a sentence
With respect to the National City Mortgage Loans and the period from such Bring-Down Date to and including the Closing Date, the Seller hereby makes the representations and warranties contained in Section 3.02 of the National City Purchase and Servicing Agreement with respect to each of the National City Mortgage Loans to and for the benefit of the Depositor, the Trustee and the Trust Fund.
As of the Cut-Off Date, National City is the Sub-Servicer with respect to the National City Mortgage Loans and in such capacity National City will be primarily responsible for the servicing of such Mortgage Loans.
The result of this was an exponential increase in the number of mortgage defaults and foreclosures.
For and on behalf of the Certificateholders, National City (or any successor Servicer thereto) shall service and administer the National City Mortgage Loans, and SunTrust (or any successor Servicer thereto) shall service and administer the SunTrust Mortgage Loans, in each case in accordance with the terms of this Agreement, the Customary Servicing Procedures applicable to such Servicer, applicable law and the terms of the related Mortgage Notes and Mortgages.
Those certain National City Mortgage Loans purchased by the Seller pursuant to the National City Purchase Agreement on December 16, 2004, and that are identified as being part of such group on the Mortgage Loan Schedule.