NC Capital definition
Examples of NC Capital in a sentence
The origination, servicing and collection practices used by NC Capital Corporation and its Affiliates 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 NC Capital Corporation have been capitalized under the Mortgage or the Mortgage Note.
NC Capital Corporation, 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.
With respect to escrow deposits and Escrow Payments, if any, all such payments are in the possession of, or under the control of, NC Capital Corporation and there exist no deficiencies in connection therewith for which customary arrangements for repayment thereof have not been made.
The Mortgage Loan does not contain provisions pursuant to which Scheduled Payments are paid or partially paid with funds deposited in any separate account established by NC Capital Corporation, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "buydown" provision.
NC Capital, 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.
No escrow deposits or Escrow Payments or other charges or payments due NC Capital have been capitalized under the Mortgage or the Mortgage Note.
NC Capital Corporation or an Affiliate executed and delivered any and all notices required under applicable law and the terms of the related Mortgage Note and Mortgage regarding the Mortgage Rate and the monthly payment adjustments.
All individual insurance policies contain a standard mortgagee clause naming NC Capital Corporation and its successors and assigns as mortgagee, and all premiums thereon have been paid.
NC Capital or an Affiliate executed and delivered any and all notices required under applicable law and the terms of the related Mortgage Note and Mortgage regarding the Mortgage Rate and the monthly payment adjustments.