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Common use of Maximum Maturity Clause in Contracts

Maximum Maturity. No Mortgage Loan had an original term to maturity of more than thirty (30) years;

Appears in 2 contracts

Sources: Mortgage Loan Purchase and Servicing Agreement (PHH Alternative Mortgage Trust, Series 2007-3), Mortgage Loan Purchase and Servicing Agreement (PHH Alternative Mortgage Trust, Series 2007-2)

Related Clauses

  • Final Maturity
  • Post-Maturity Rates
  • Final Maturity Date
  • Term to Maturity
  • Maturity Date

Parent Clauses

  • Representations and Warranties as to Individual Mortgage Loans
  • Judgment Currency
  • Transfer of Mortgage Loans
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