Original Mortgage Documents definition

Original Mortgage Documents means original (a) mortgage notes, (b) certificates of participation where more than one entity has invested in the mortgage via a participation agreement, and (c) letters of credit, as applicable, that are provided from time to time by borrowers as additional security."
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Examples of Original Mortgage Documents in a sentence

  • Although the parties do not intend by this Amendment to address whether or not Original Mortgage Documents (as defined below) are in fact securities, it is the intention of IIM and Client that, except as may be otherwise agreed from time to time, IIM will not have actual or constructive custody of Client funds or securities other than Original Mortgage Documents.

  • Unless expressly defined in this Agreement, all capitalized terms shall have the definitions set forth in the Original Mortgage or the Original Mortgage Documents.

  • Although the parties do not intend by this Amendment to address whether or not Original Mortgage Documents (as defined below) are in fact securities, it is the intention of ING-IM and Client that, except as may be otherwise agreed from time to time, ING-IM will not have actual or constructive custody of Client funds or securities other than Original Mortgage Documents.