Examples of Non-MERS Mortgage Loan in a sentence

Notwithstanding the foregoing, the Servicer need not cause to be recorded any assignment which relates to a Non-MERS Mortgage Loan with respect to which the Mortgaged Property is located in any state other than the Required Recordation States.
An Assignment of Mortgage in favor of the Owner or such Person as the Owner may designate shall be recorded as to each Non-MERS Mortgage Loan unless instructions to the contrary are delivered to the Servicer in writing by the Master Servicer.
With respect to each Non-MERS Mortgage Loan, the Depositor shall promptly (and in no event later than 30 Business Days following the Closing Date) submit or cause to be submitted for recording in the name of the Trustee at the Depositor’s own expense, in the appropriate public office, each Assignment referred to in Section 2.01(iii) above.
With respect to each Non-MERS Mortgage Loan, the Depositor shall promptly (and in no event later than 30 Business Days following the Closing Date) submit or cause to be submitted for recording in the name of the Indenture Trustee at the Depositor’s own expense, in the appropriate public office, each Assignment referred to in Section 2.01(iii) above.
Subject to Section 3.01(a) hereof, Assignments of Mortgage shall be recorded as to each Non-MERS Mortgage Loan unless instructions to the contrary are delivered to the Servicer, in writing, by the Trustee.

More Definitions of Non-MERS Mortgage Loan

Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. NONRECOVERABLE ADVANCE: Any Advance previously made or proposed to be made in respect of a Mortgage Loan by the Servicer pursuant to Section 6.03 which, in the good faith judgment of the Servicer, will not or, in the case of a proposed Advance, would not, ultimately be recoverable by the Servicer from Late Collections or otherwise. The determination by the Servicer that it has made, or would be making, a Nonrecoverable Advance shall be evidenced by a certificate of a Servicing Officer of the Servicer delivered to the Trustee, any co-trustee and the Depositor and detailing the reasons for such determination.

Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Non-Performing Mortgage Loan: Each Mortgage Loan listed on Schedule I-B hereto.

Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Non-permitted Foreign Holder: Any Person other than (A) a Person who is not a Non-U.S. Person or (B) a Non U.S. Person that holds a Residual Certificate in connection with the conduct of a trade or business within the United States and has furnished the transferor and the Certificate Registrar with an effective Internal Revenue Service Form W-8ECI or successor form at the time and in the manner required by the Code.

Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Non-Monthly Mortgage Loan: Each Mortgage Loan listed on Schedule I-C hereto. Non-permitted Foreign Holder: Any Person other than (A) a Person who is not a Non-U.S. Person or (B) a Non-U.S. Person that holds a Residual Certificate in connection with the conduct of a trade or business within the United States and has furnished the transferor and the Certificate Registrar with an effective Internal Revenue Service Form W-8ECI or successor form at the time and in the manner required by the Code.

Non-MERS Mortgage Loan any Mortgage Loan as to which MERS is not (and is not intended to be) the mortgagee of record;

Non-MERS Mortgage Loan. Any Mortgage Loan other thax x XXXX Xxxxxxxx Xxxx.

Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Note Account: The account maintained by the Indenture Trustee pursuant to Section 5.02.