Common use of No Satisfaction of Mortgage Clause in Contracts

No Satisfaction of Mortgage. With respect to each Mortgage Loan, since the related Servicing Transfer Date and except for prepayments in full, the Mortgage has not been satisfied, cancelled, subordinated or rescinded, in whole or in part, and the Mortgaged Property has not been released from the lien of the Mortgage, in whole or in part, nor has any instrument been executed that would effect any such release, cancellation, subordination or rescission. From and after the Servicing Transfer Date, the Servicer has not waived the performance by the Mortgagor of any action, if the Mortgagor's failure to perform such action would cause the Mortgage Loan to be in default, nor has the Servicer waived any default resulting from any action or inaction by the Mortgagor;

No Satisfaction of Mortgage. With respect As of the Closing Date, and to each Mortgage Loan, since the related Seller's knowledge as of the Servicing Transfer Date and except for prepayments in fullDate, the Mortgage has not been satisfied, cancelledcanceled, subordinated or rescinded, in whole or in part, and the Mortgaged Property has not been released from the lien of the Mortgage, in whole or in part, nor has any instrument been executed that would effect any such release, cancellation, subordination or rescission. From and after the Servicing Transfer Date, the Servicer The Seller has not waived the performance by the Mortgagor of any action, if the Mortgagor's failure to perform such action would cause the Mortgage Loan to be in default, nor has the Servicer Seller waived any default resulting from any action or inaction by the Mortgagor;

No Satisfaction of Mortgage. With respect to each Mortgage Loan, since As of the related Servicing Transfer Date and except for prepayments in fullDate, the Mortgage has not been satisfied, cancelledcanceled, subordinated or rescinded, in whole or in part, and the Mortgaged Property has not been released from the lien of the Mortgage, in whole or in part, except as approved by a title insurer, nor has any instrument been executed that would effect any such release, cancellation, subordination or rescission. From and after As of the Servicing Transfer Date, the Servicer Depositor has not waived the performance by the Mortgagor of any action, if the Mortgagor's failure to perform such action would cause the Mortgage Loan to be in default, nor has the Servicer Depositor waived any default resulting from any action or inaction by the Mortgagor;

No Satisfaction of Mortgage. With Other than with respect to each any Mortgage Loan, since Loan that was subject to a Principal Prepayment in Full occurring after the related Servicing Transfer Cut-off Date and except for prepayments in fullbut prior to the Securitization Closing Date, the Mortgage has not been satisfied, cancelled, subordinated or rescinded, in whole or in part, and the Mortgaged Property has not been released from the lien of the Mortgage, in whole or in part, nor has any instrument been executed that would effect any such release, cancellation, subordination or rescission. From and after the Servicing Transfer Date, the Servicer Option One has not waived the performance by the Mortgagor of any action, if the Mortgagor's failure to perform such action would cause the Mortgage Loan to be in default, nor has the Servicer Option One waived any default resulting from any action or inaction by the Mortgagor;

No Satisfaction of Mortgage. With respect to each Mortgage Loan, since As of the related Servicing Transfer Date and except for prepayments in fullDate, the Mortgage has not been satisfied, cancelled, subordinated or rescinded, in whole or in part, and the Mortgaged Property has not been released from the lien of the Mortgage, in whole or in part, nor has any instrument been executed that would effect any such release, cancellation, subordination or rescission. From and after Except for the Servicing Transfer acceptance of a payment on a day other than a Due Date, the Servicer Ameriquest has not waived the performance by the Mortgagor of any action, if the Mortgagor's failure to perform such action would cause the Mortgage Loan to be in default, nor has the Servicer Ameriquest waived any default resulting from any action or inaction by the Mortgagor;