Common use of Mortgage Remedies Adequate Clause in Contracts

Mortgage Remedies Adequate. Each Mortgage contains customary and enforceable provisions such as to render the rights and remedies of the holder thereof adequate for the realization against the related Mortgaged Property of the benefits of the security provided thereby, including, (i) in the case of a Mortgage designated as a deed of trust, by trustee's sale, and (ii) otherwise, by judicial foreclosure.

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (Remodelers Investment Corp), Sale and Servicing Agreement (Firstplus Financial Group Inc), Sale and Servicing Agreement (Master Financial Asset Securitization Trust 1998-2)

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Mortgage Remedies Adequate. Each Mortgage Mortgage, if applicable, contains customary and enforceable provisions such as to render the rights and remedies of the holder thereof adequate for the realization against the related Mortgaged Property of the benefits of the security provided thereby, including, (i) in the case of a Mortgage designated as a deed of trust, by trustee's sale, and (ii) otherwise, by judicial foreclosure.

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Firstplus Investment Corp), Sale and Servicing Agreement (Firstplus Investment Corp), Supplemental Terms (Firstplus Financial Group Inc)

Mortgage Remedies Adequate. Each Mortgage contains customary and -------------------------- enforceable provisions such as to render the rights and remedies of the holder thereof adequate for the realization against the related Mortgaged Property of the benefits of the security provided thereby, including, (i) in the case of a Mortgage designated as a deed of trust, by trustee's sale, and (ii) otherwise, by judicial foreclosure.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Firstplus Investment Corp), Sale and Servicing Agreement (Firstplus Investment Corp), Administration Agreement (Firstplus Investment Corp)

Mortgage Remedies Adequate. Each Mortgage contains customary -------------------------- and enforceable provisions such as to render the rights and remedies of the holder thereof adequate for the realization against the related Mortgaged Property of the benefits of the security provided thereby, including, (i) in the case of a Mortgage designated as a deed of trust, by trustee's sale, and (ii) otherwise, by judicial foreclosure.

Appears in 3 contracts

Samples: Loan Sale Agreement (Firstplus Investment Corp), Loan Sale Agreement (Firstplus Investment Corp), Loan Sale Agreement (Firstplus Investment Corp)

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Mortgage Remedies Adequate. Each Mortgage Mortgage, if applicable, contains customary and enforceable provisions such as to render the rights and remedies of the holder thereof adequate for the realization against the related Mortgaged Property of the benefits of the security provided thereby, including, including (i) in the case of a Mortgage designated as a deed of trust, by trustee's sale, sale and (ii) otherwise, by judicial foreclosure.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Cityscape Corp)

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