Purchased Loan Schedule definition
Examples of Purchased Loan Schedule in a sentence
The information set forth in the Purchased Loan Schedule is complete, true and correct in all material respects.
The information pertaining to each Purchased Loan which is set forth in the Purchased Loan Schedule is true and correct in all material respects as of the Purchase Date.
Each Mortgage Loan with a written appraisal, as indicated on the Purchased Loan Schedule, contains a written appraisal prepared by an appraiser licensed or certified by the applicable governmental body in which the Mortgaged Property is located and in accordance with the requirements of FIRREA.
Each related Mortgage is a legal, valid and enforceable first lien on the related Mortgagor’s fee (or if identified on the Purchased Loan Schedule, leasehold) interest in the Mortgaged Property in the principal amount of such Purchased Loan or allocated loan amount (subject only to Permitted Encumbrances (as defined below)), except as the enforcement thereof may be limited by the Standard Qualifications.
The information set forth in the Purchased Loan Schedule and the Purchased Loan Information is complete, true and correct in all material respects.
The information set forth in the Purchased Loan Schedule and the Purchased Loan Information is complete, true and correct in all material respects as of the date thereof.
Except as set forth on the Purchased Loan Schedule, the proceeds of each Purchased Loan have been fully disbursed and there is no obligation for future advances with respect thereto.
The Seller shall deliver to the Bailee in connection with any Purchased Loans delivered to the Bailee hereunder an Identification Certificate in the form of Attachment 1 attached hereto to which shall be attached a Purchased Loan Schedule identifying which Purchased Loans are being delivered to the Bailee hereunder.
The information set forth in the Purchased Loan Schedule and the Collateral Information is complete, true and correct in all material respects.
Such Purchased Loan Schedule shall contain the following fields of information: (a) the loan identifying number; (b) the obligor’s name; (c) the sxxxxx xxxxxxx, xxxx, xxxxx and zip code for the applicable real property; (d) the original balance; and (e) the current principal balance if different from the original balance and such other information as the Seller and Buyer shall require.