Common use of Mortgage Loan Clause in Contracts

Mortgage Loan. (i) A loan secured by a Mortgage on a one- to four-unit residential dwelling, (ii) a residential cooperative share loan, (iii) a Participation Interest, or (iv) a loan secured by a lien on a manufactured housing unit, any of which has been identified in the Mortgage Loan Schedule for the related Trust. Any reference to “Mortgage Loans” or “residential mortgage loans” will be deemed to include any loan or interest described in (i) through (iv) above as the context requires in order to effectuate the purposes of the Trust Documents.

Appears in 7 contracts

Samples: Master Trust Agreement, Federal National Mortgage Association, Master Trust Agreement

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