Common use of ASSISTANCE PAYMENT Clause in Contracts

ASSISTANCE PAYMENT. As a condition to receiving the Assistance Payment, Borrower shall ensure that all occupants have voluntarily and permanently vacated the above-mentioned property no later than [the Expiration Date N/A] in “broom clean” condition, free of any exterior and interior debris, damage and destruction and that all appliances, lighting, fixtures, carpeting, etc. remain with the above-mentioned property and that all keys to the abovementioned property, mailboxes, common area facilities, garage door controls and security systems are surrendered to Ocwen or any agent that Xxxxx may designate at the time the aforementioned property is vacated. If Borrower complies with the foregoing condition and all other terms of this Discount Payoff Agreement, Xxxxx will instruct the settlement agent to pay the Borrower the Assistance Payment from the sale proceeds at the time that all other payments are disbursed by the settlement agent.

Appears in 3 contracts

Samples: Discount Payoff Agreement, Discount Payoff Agreement, Discount Payoff Agreement

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ASSISTANCE PAYMENT. As a condition to receiving the Assistance Payment, Borrower the Borrower(s) shall ensure that all occupants have voluntarily and permanently vacated the above-mentioned property no later than [the Expiration Date N/A] 08/05/2016 in “broom clean” condition, free of any exterior and interior debris, damage and destruction and that all appliances, lighting, fixtures, carpeting, etc. remain with the above-mentioned property and that all keys to the abovementioned property, mailboxes, common area facilities, garage door controls and security systems are surrendered to Ocwen or any agent that Xxxxx may designate at the time the aforementioned property is vacated. If Borrower the Borrower(s) complies with the foregoing condition and all other terms of this Discount Payoff Agreement, Xxxxx will instruct the settlement agent to pay the Borrower the Assistance Payment from the sale proceeds at the time that all other payments are disbursed by the settlement agent.

Appears in 1 contract

Samples: Deficiency Waiver Agreement

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ASSISTANCE PAYMENT. As a condition to receiving the Assistance Payment, Borrower the Borrower(s) shall ensure that all occupants have voluntarily and permanently vacated the above-mentioned property no later than [the Expiration Date N/A] 11/18/2016 in “broom clean” condition, free of any exterior and interior debris, damage and destruction and that all appliances, lighting, fixtures, carpeting, etc. remain with the above-mentioned property and that all keys to the abovementioned property, mailboxes, common area facilities, garage door controls and security systems are surrendered to Ocwen or any agent that Xxxxx may designate at the time the aforementioned property is vacated. If Borrower the Borrower(s) complies with the foregoing condition and all other terms of this Discount Payoff Agreement, Xxxxx will instruct the settlement agent to pay the Borrower the Assistance Payment from the sale proceeds at the time that all other payments are disbursed by the settlement agent.

Appears in 1 contract

Samples: Discount Payoff Agreement

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