REO Documents definition

REO Documents means, with respect to a REO Property, the documents comprising the Asset File for such REO Property.
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REO Documents means with respect to each REO Property, the documents comprising the related REO Property File. “REO Property” shall mean real property, together with all buildings, fixtures and improvements thereon and all other rights,
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Examples of REO Documents in a sentence

  • Each copy of a Deed delivered to Lender or its designee as part of any REO Documents (including intervening deeds) shall be a true, correct and complete copy of the Deed, and if recorded in the name of the applicable Eligible REO Entity (as indicated on the related REO Property Schedule), the Deed shall be in recordable form, acceptable in all respects for recording under the laws of the jurisdiction in which the REO Property is located and shall have been recorded in the appropriate recording office.

  • Each title commitment, ‘date-down’ or trustee’s sale guarantee delivered to Lender or its designee as part of the REO Documents shall be a true, correct and complete copy of the original document.

  • Without the prior written consent of Lender, Borrower shall not use or permit any Eligible REO Entity to use any third party custodian as document custodian other than Custodian with respect to the REO Documents related to the Contributed REO Properties.

  • None of the REO Documents has any marks or notations indicating that it has been sold, assigned, pledged, encumbered or otherwise conveyed to any Person other than Borrower, the applicable Eligible REO Entity or Lender (excluding notations relating to prior owners prior to the sale to Borrower or the applicable Eligible REO Entity and which are no longer in effect).

  • None of the REO Documents has any marks or notations indicating that it has been sold, assigned, pledged, encumbered or otherwise conveyed to any Person other than the Borrower or Agent.