Deed of Trust. If a Mortgage for a Home Loan constitutes a deed ------------- of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves as such and is named in such Mortgage, or a valid substitution of trustee has been recorded or may be recorded and no extraordinary fees or expenses are, or will become, payable by the Transferor to the trustee under the deed of trust, except in connection with default proceedings and a trustee's sale after default by the related Obligor.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Firstplus Investment Corp), Sale and Servicing Agreement (Firstplus Investment Corp), Administration Agreement (Firstplus Investment Corp)
Deed of Trust. If a Mortgage for a Secured Home Loan constitutes a deed ------------- of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves as such and is named in such Mortgage, or a valid substitution of trustee has been recorded or may be recorded and no extraordinary fees or expenses are, or will become, payable by the Transferor to the trustee under the deed of trust, except in connection with default proceedings and a trustee's sale after default by the related Obligor.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Firstplus Investment Corp), Loan Sale Agreement (Firstplus Investment Corp), Loan Sale Agreement (Firstplus Investment Corp)
Deed of Trust. If a Mortgage for a Home Mortgage Loan constitutes a deed ------------- of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves as such and is named in such Mortgage, or a valid substitution of trustee has been recorded or may be recorded and no extraordinary fees or expenses are, or will become, payable by the Transferor you to the trustee under the deed of trust, except in connection with default proceedings and a trustee's sale after default by the related ObligorMortgagor.
Appears in 2 contracts
Samples: Loan and Security Agreement (Firstplus Financial Group Inc), Loan and Security Agreement (Firstplus Financial Group Inc)
Deed of Trust. If a Mortgage for a Home Loan constitutes a deed ------------- of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves as such and is named in such Mortgage, or a valid substitution of trustee has been recorded or may be recorded and no extraordinary fees or expenses are, or will become, payable by the Transferor to the trustee under the deed of trust, except in connection with default proceedings and a trustee's sale after default by the related Obligor.
Appears in 2 contracts
Samples: Subsequent Transfer Agreement (Firstplus Investment Corp), Sale and Servicing Agreement (Master Financial Asset Securitization Trust 1998-2)
Deed of Trust. If a Mortgage for a Home Loan constitutes a deed ------------- of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves as such and is named in such Mortgage, or a valid substitution of trustee has been recorded or may be recorded and no extraordinary fees or expenses are, or will become, payable by the Transferor Seller to the trustee under the deed of trust, except in connection with default proceedings and a trustee's sale after default by the related Obligor.
Appears in 2 contracts
Samples: Loan Sale Agreement (Firstplus Investment Corp), Loan Sale Agreement (Firstplus Investment Corp)
Deed of Trust. If a Mortgage for a Home Mortgage Loan constitutes a deed ------------- of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves as such and is named in such Mortgage, or a valid substitution of trustee has been recorded or may be recorded and no extraordinary fees or expenses are, or will become, payable by the Transferor to the trustee under the deed of trust, except in connection with default proceedings and a trustee's sale after default by the related Obligor.
Appears in 1 contract
Deed of Trust. If a Mortgage for a Home Loan constitutes a deed ------------- of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves as such and is named in such Mortgage, or a valid substitution of trustee has been recorded or may be recorded and no extraordinary fees or expenses are, or will become, payable by the Transferor Seller to the trustee under the deed of trust, except in connection with default proceedings and a trustee's sale after default by the related ObligorBorrower.
Appears in 1 contract
Deed of Trust. If a Mortgage for a Home Loan constitutes a deed ------------- of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves as such and is named in such Mortgage, or a valid substitution of trustee has been recorded or may be recorded and no extraordinary fees or expenses are, or will become, payable by the Transferor FFI to the trustee under the deed of trust, except in connection with default proceedings and a trustee's sale after default by the related Obligor.
Appears in 1 contract
Deed of Trust. If a Mortgage for a Home Loan constitutes a deed ------------- of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves as such and is named in such Mortgage, or a valid substitution of trustee has been recorded or may be recorded and no extraordinary fees or expenses are, or will become, payable by the Transferor FFI to the trustee under the deed of trust, except in connection with default proceedings and a trustee's sale after default by the related Obligor.
Appears in 1 contract
Deed of Trust. If a Mortgage for a Home Loan constitutes a deed ------------- of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves as such and is named in such Mortgage, or a valid substitution of trustee has been recorded 53 or may be recorded and no extraordinary fees or expenses are, or will become, payable by the Transferor to the trustee under the deed of trust, except in connection with default proceedings and a trustee's sale after default by the related Obligor.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Firstplus Investment Corp)
Deed of Trust. If a Mortgage for a Home Loan constitutes a deed of ------------- of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves as such and is named in such Mortgage, or a valid substitution of trustee has been recorded or may be recorded and no extraordinary fees or expenses are, or will become, payable by the Transferor to the trustee under the deed of trust, except in connection with default proceedings and a trustee's sale after default by the related Obligor.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Firstplus Investment Corp)
Deed of Trust. If a Mortgage for a Home Loan constitutes a deed ------------- of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves as such and is named in such the Mortgage, or a valid substitution of trustee has been recorded or may be recorded and no extraordinary fees or expenses are, or will become, payable by the Transferor Seller to the trustee under the deed of trust, except in connection with default proceedings and a trustee's sale after default by the related ObligorMortgagor.
Appears in 1 contract
