Common use of Imaged Documents Clause in Contracts

Imaged Documents. Any document to be included in the Mortgage File that is delivered as an imaged document (and not accompanied by the original underlying document) represents a true, complete, and correct copy of the original document in all respects, including, but not limited to, all signatures conforming with signatures contained in the original document, no information having been added or deleted, and no imaged document having been manipulated or altered in any manner. Each imaged document is clear and legible in all material respects, including, but not limited to, accurate reproductions of photographs. The destruction by the Company of any original document underlying an imaged document or the inability of Company to produce a copy of such original document upon request shall not cause (i) any material delay in the enforcement of the Mortgage Loan resulting in a loss to the Purchaser, (ii) any inability to collect all amounts due under the Mortgage Loan, including without limitation, in connection with a foreclosure or other sale of the Mortgaged Property, or (iii) any claims from holders of mortgage-backed securities collateralized by the Mortgage Loan;

Appears in 4 contracts

Samples: Reconstituted Servicing Agreement (Sail 2006-3), Warranties and Servicing Agreement (Sasco 2006-Bc3), Warranties and Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2006-Bc5)

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