Downpayment. The source of the down payment with respect to such Mortgage Loan has been fully verified by the Seller. (nnn) Due on Sale. The related Mortgage contains an enforceable provision for the acceleration of the payment of the unpaid principal balance of the Mortgage Loan in the event that the Mortgaged Premises are sold or transferred without the prior written consent of the mortgagee thereunder. (ooo)
Appears in 2 contracts
Sources: Master Repurchase Agreement (Pultegroup Inc/Mi/), Master Repurchase Agreement (Pultegroup Inc/Mi/)
Downpayment. The source of the down payment with respect to such Mortgage Loan has been fully verified by the Seller. (nnnooo) Due on Sale. The related Mortgage contains an enforceable provision for the acceleration of the payment of the unpaid principal balance of the Mortgage Loan in the event that the Mortgaged Premises are sold or transferred without the prior written consent of the mortgagee thereunder. (oooppp)
Appears in 2 contracts
Sources: Master Repurchase Agreement (M/I Homes, Inc.), Master Repurchase Agreement (M/I Homes, Inc.)