Common use of Consolidation of Future Advances Clause in Contracts

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Wfhe3), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Wfhe2), Wells Fargo Servicing Agreement (Citigroup Mortgage Loan Trust Inc., Series 2006-Ar2)

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Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae Xxx or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 6 contracts

Samples: Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-6), Reconstituted Servicing Agreement (SASCO Mortgage Loan Trust Series 2005-Gel3), Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-4)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae Xxx or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 6 contracts

Samples: Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-10xs), Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar), Agreement (Structured Asset Securities Corp Trust 2005-6)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 6 contracts

Samples: Reconstituted Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2004-21xs), Warranties and Servicing Agreement (Sturctured Asset Securities Corp Mort Pass Thru Ser 2004-1), Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 5 contracts

Samples: Reconstituted Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2004-21xs), Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Passthr Certs Ser 2003-38), Reconstituted Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-Wf2)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Banc of America Funding 2006-3 Trust), Sale and Servicing Agreement (Banc of America Funding 2006-5 Trust), Sale and Servicing Agreement (Banc of America Funding 2006-2 Trust)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Fxxxxx Mae or Xxxxxxx Fxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 5 contracts

Samples: And Servicing Agreement (GSR Mortgage Loan Trust 2007-2f), Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2007-2), And Servicing Agreement (GSR Mortgage Loan Trust 2007-3f)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Mae Xxx or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 5 contracts

Samples: Lehman (Structured Adjustable Rate Mortgage Loan Trust Series 2006-2), Lehman (Structured Adjustable Rate Mortgage Loan Trust Series 2006-1), Account Letter Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2005-21)

Consolidation of Future Advances. Any future advances made to the Mortgagor prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest readjustment feature or rate and single repayment term reflected on the related Mortgage Loan Scheduleterm. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first the lien priority as indicated on the Mortgage Loan Schedule by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Purchaser, Xxxxxx Mae Xxx or Xxxxxxx Mac; the . The consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 5 contracts

Samples: Lehman Brothers (Structured Adjustable Rate Mortgage Loan Trust Series 2007-5), Reconstituted Servicing Agreement (LXS 2007-3), Reconstituted Servicing Agreement (Lehman Mortgage Trust 2007-10)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Mae Xxx or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 4 contracts

Samples: Assignment, Assumption and Recognition Agreement (Banc of America Funding 2006-2 Trust), Warranties and Servicing Agreement (Lehman XS Trust Series 2006-10n), Warranties and Servicing Agreement (Lehman Sarm 2005-5)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount does amounx xxxx not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 3 contracts

Samples: Warranties and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A1), Warranties and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-1), Warranties and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A2)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Off Date;

Appears in 3 contracts

Samples: Reconstituted Servicing Agreement (Structured Asset Mortgage Investments Inc), Letter Agreement (Greenwich Capital Acceptance Inc), Letter Agreement (Thornburg Mortgage Securities Trust 2005-4)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae Fxxxxx Mxx or Xxxxxxx Fxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 3 contracts

Samples: Indemnification Agreement (RBSGC Mortgage Loan Trust 2007-B), Assignment, Assumption and Recognition Agreement (Bear Stearns ARM Trust 2007-2), Reconstituted Servicing Agreement (Sasco Mortgage Loan Trust Series 2004-Gel2)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;.

Appears in 3 contracts

Samples: Warranties and Servicing Agreement (MASTR Asset Securitization Trust 2006-2), Warranties and Servicing Agreement (MASTR Alternative Loan Trust 2006-1), Warranties and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Ab1)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Fxxxxx Mae or Xxxxxxx Fxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust, Series 2005-10), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Ar7), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc., Series 2006-Ar3)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other other’ title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Off Date;

Appears in 3 contracts

Samples: Mortgage Loan Purchase Agreement (Bear Stearns ARM Trust 2006-1), Mortgage Loan Purchase Agreement (Bear Stearns ARM Trust 2006-1), Mortgage Loan Purchase Agreement (Bear Stearns Asset Backed Securities I LLC)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount does xxxxxxpxx amouxx xxxx not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 3 contracts

Samples: Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-3ar), Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-5ar), Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-1ar)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Mae Xxx or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Lares Asset Securitization, Inc.), Sale and Servicing Agreement (Asset Backed Funding Corp), Sale and Servicing Agreement (Luminent Mortgage Trust 2006-6)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae Fxxxxx Mxx or Xxxxxxx Fxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc., Series 2006-Ar2), Assignment, Assumption and Recognition Agreement (Bear Stearns ARM Trust 2007-2), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Ar5)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Mae FNMA or Xxxxxxx MacFHLMC; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Off Date;

Appears in 3 contracts

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Pass THR Cert Ser 2002 Bc3), Reconstituted Servicing Agreement (Structured Asset Sec Corp Pass THR Cert Ser 2002 Bc3), Execution Reconstituted Servicing Agreement (Structured Asset Securities Corp Mort Pas THR Ce Se 2001-Bc3)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal prinxxxxx amount does not dxxx xxx exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 2 contracts

Samples: Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-7), Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-1xs)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or or. by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 2 contracts

Samples: Warranties and Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-10), Warranties and Servicing Agreement (Structured Asset Securities Corp. 2005-14)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae Fxxxxx Mxx or Xxxxxxx Fxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 2 contracts

Samples: Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax), And Servicing Agreement (GSR Mortgage Loan Trust 2007-Ar2)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Off Date;

Appears in 2 contracts

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2002 Bc4), Securitization Subservicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003-Bc11)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx MacFreddie Max; the xxx consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Wfhe1, Asset-Backed Pass-Through Certificates, Series 2006-Wfhe1), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Wfhe1, Asset-Backed Pass-Through Certificates, Series 2006-Wfhe1)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate or readjustment feature and single repayment term reflected on the related Mortgage Loan Scheduleterm. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first the lien priority as indicated on the Mortgage Loan Schedule by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxx and Xxxxxxx Mac; the . The consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 2 contracts

Samples: Warranties and Servicing Agreement (Sasco 2006-Bc4), Reconstituted Servicing Agreement (Sail 2006-3)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount does xxxxxt xxes not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 2 contracts

Samples: Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-13arx), Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-11)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae Fxxxxx Mxx or Xxxxxxx Fxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Off Date;

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Prime Mortgage Trust 2006-2), Custodial Agreement (Bear Stearns Asset Backed Securities I Trust 2006-He3)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount does principax xxxxnx xoes not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 2 contracts

Samples: Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-7), Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-6ar)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount does xxxxxt xxxs not exceed xxxxxx the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 2 contracts

Samples: Flow Sale and Servicing Agreement (Luminent Mortgage Trust 2006-7), Sale and Servicing Agreement (Luminent Mortgage Trust 2007-1)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Fxxxxx Mae or Xxxxxxx Fxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 2 contracts

Samples: Assignment, Assumption and Recognition Agreement (Bear Stearns ARM Trust 2007-2), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc., Series 2006-Ar2)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount does xxxxxx xxxs not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 2 contracts

Samples: Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-12xs), Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-8ar)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount does not exceed exxxxx the original principal origxxxx xxincipal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Trust Agreement (GS Mortgage GSAMP Trust 2004-Wf)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount does axxxxx dxxx not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-9ar)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Fxxxxx Mae or Xxxxxxx Fxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Flow Sale and Servicing Agreement (GSR Mortgage Loan Trust 2007-4f)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae Fanxxx Xxe or Xxxxxxx MacFrexxxx Xxc; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (Thornburg Mortgage Securities Trust 2006-1)

Consolidation of Future Advances. Any future advances made to the Mortgagor prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate readjustment feature and single repayment term reflected on the related Mortgage Loan Scheduleterm. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority as indicated on the Mortgage Loan Schedule by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to the Purchaser, Xxxxxx Mae Xxx or Xxxxxxx Mac; the . The consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Execution (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2004-22)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first second lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (SunTrust Acquisition Closed-End Seconds Trust, Series 2007-1)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan ScheduleNote. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Sale and Servicing Agreement (Banc of America Funding 2006-D Trust)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount does amoxxx xxes not exceed the exxxxx xhe original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: And Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-6xs)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Fxxxxx Mae or Xxxxxxx Fxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (SASCO Mortgage Loan Trust 2005-Wf3)

Consolidation of Future Advances. Any future advances made to the Mortgagor prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate readjustment feature and single repayment term reflected on the related Mortgage Loan Scheduleterm. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority as indicated on the Mortgage Loan Schedule by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to the Purchaser, Xxxxxx Mae Xxx or Xxxxxxx Mac; the . The consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-10)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx MacFaxxxx Xax xr Frxxxxx Xac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Off Date;

Appears in 1 contract

Samples: Custodial Agreement (Prime Mortgage Trust 2007-1)

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Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Flow Sale Agreement (Luminent Mortgage Trust 2006-7)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Off Date;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc Trust 2003-He2)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Purchase Date or Note Purchase Date, as applicable, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Scheduleterm. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae or and Xxxxxxx Mac; the . The consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Loan Sale Agreement (MortgageIT Holdings, Inc.)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal prinxxxxx amount does not dxxx xxx exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Off Date;

Appears in 1 contract

Samples: Warranties and Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-18a)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount does not exceed the amouxx xxxs xxt exxxxx xxe original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Warranties and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2005-A9)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount does not exceed the original xxx xxceed thx xxxxxnal principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Off Date;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc Trust 2003-He2)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Sale and Servicing Agreement (ABFC 2006-Opt2 Trust)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount does amxxxx xoxx not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Assignment and Recognition Agreement (BCAP LLC Trust 2007-Aa4)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount principxx xxxuxx does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-2)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount does not exceed exxxxx the original principal origxxxx xxincipal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Assignment and Recognition Agreement (BCAP LLC Trust 2007-Aa2)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does 21 not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc. Asset-Backed Pass-Through Certificates, Series 2005-Wf2)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fxxxxx Mae or Xxxxxxx Fxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Assumption and Recognition Agreement (Banc of America Funding 2006-H Trust)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fxxxxx Mae or Xxxxxxx Fxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mastr Adjustable Rate Mortgages Trust 2001-1)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first [first] lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Sale and Servicing Agreement (FBR Securitization, Inc.)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Mae or Xxxxxxx Mac; the consolidated principal amount does 21 not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc. Asset-Backed Pass-Through Certificates, Series 2005-Wf1)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount axxxxx does not exceed xxxxxx the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Warranties and Servicing Agreement (Mortgage Pass-Through Certificates Series 2003-37a)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount does amxxxx xoxx not exceed xxxxxx the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Sale and Servicing Agreement (ABFC 2006-Opt3 Trust)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae Xxx or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Off Date;

Appears in 1 contract

Samples: Letter Agreement (Greenwich Capital Acceptance Inc)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae Xxx or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Off Date;

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-26)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount xxxxxt does not exceed nxx xxxxed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Sale and Servicing Agreement (Banc of America Funding 2007-7 Trust)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount princixxx xxouxx does not exceed nxx xxxxed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Sale and Interim Servicing Agreement (ABFC 2006-He1 Trust)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal prxxxxxxl amount does not xxxx xot exceed the original principal amount of the Mortgage Loan; the Seller Company shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-11)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae Fxxxxx Mxx or Xxxxxxx Fxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Five Oaks Investment Corp.)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae Xxx or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Ar1)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Mae Xxx or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Off Date;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns ALT-A Trust 2006-7)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s 's consolidated interest or by other title evidence acceptable to Xxxxxx Fannie Mae or Xxxxxxx Freddie Mac; the consolidated principal amount does not princxxxx xmount doxx xxx exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Off Date;

Appears in 1 contract

Samples: Lehman (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-18a)

Consolidation of Future Advances. Any future advances made prior to the related Cut-off Date, have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term reflected on the related Mortgage Loan Schedule. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Xxxxxx Mae Xxx or Xxxxxxx Mac; the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan; the Seller shall not make future advances after the related Cut-off Date;

Appears in 1 contract

Samples: Warranties and Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Series 2004-3)

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