Examples of Other Mortgage Loan in a sentence
All parties to the Mortgage Loan Documents, Other Mortgage Loan Documents and any other agreement executed and delivered by a Mortgagor or guarantor, if applicable, had legal capacity to enter into the Mortgage Loan and to execute and deliver any such instrument or agreement and such instrument or agreement has been duly and properly executed by such related parties.
With respect to each Purchased Mortgage Loan, until such Purchased Mortgage Loan is repurchased by Seller, Seller shall hold in trust separate and apart from Seller’s own documents and assets and for the exclusive benefit of Buyer all mortgage loan documents related to such Purchased Mortgage Loan and not delivered to Buyer, including, without limitation, the Other Mortgage Loan Documents, as applicable.
With respect to each Purchased Mortgage Loan, until such Purchased Mortgage Loan is repurchased by Seller, Seller shall hold in trust all mortgage loan documents related to such Purchased Mortgage Loan and not delivered to Buyer, including, without limitation, the Other Mortgage Loan Documents, as applicable.
The lien of Other Mortgage Loan Documents affects only property incidental to the related Mortgaged Property, and there is no pledged account or other material security securing the related Mortgagor's obligations other than the Mortgaged Property.
No terms of the related Mortgage Note, Mortgage or Other Mortgage Loan Document, if any, have been impaired, waived, altered or modified in any respect, except by written instruments, recorded in the applicable public recording office if necessary to maintain the lien priority of the Mortgage, that have been delivered to the Collateral Agent.
With respect to each Related Mortgage Loan, until the Purchased Mortgage Loan related to such Related Mortgage Loan is repurchased, Guarantor shall hold in trust separate and apart from Guarantor’s own documents and assets and for the exclusive benefit of Buyer all mortgage loan documents related to such Related Mortgage Loan and not delivered to Buyer, including, without limitation, the Other Mortgage Loan Documents, as applicable.
With respect to each Underlying Asset, until the Participation Interest and the related security interest in such Underlying Asset is released by Buyer from the related Transaction hereunder, loanDepot Parties shall hold in trust separate and apart from loanDepot Parties’ own documents and assets and for the exclusive benefit of Buyer all mortgage loan documents related to such Underlying Asset and not delivered to Buyer, including, without limitation, the Other Mortgage Loan Documents, as applicable.
Any Other Mortgage Loan Document establishes and creates a valid, existing and enforceable first or second lien and first or second priority security interest on the property described therein, and the Originators have full right to xxxxx x xxxx on and in such Other Mortgage Loan Document to the Note Purchaser.
Any other Mortgage Loan Document ("Other Mortgage Loan Document") establishes and creates a valid, existing and enforceable first or second lien and first or second priority security interest on the property described therein, and the Originators have full right to xxxxx x xxxx on and in such Other Mortgage Loan Document to the Note Purchaser.
In no event shall the Seller be responsible for any repurchase of, substitution for or Loss of Value Payment with respect to the DC Mixed Use Portfolio VI Other Mortgage Loan in connection with any Material Breach or Material Defect with respect to the DC Mixed Use Portfolio VI Mortgage Loan.