Common use of Obligor Acknowledgment Clause in Contracts

Obligor Acknowledgment. The Obligor has executed a statement to the effect that the Obligor has received all disclosure materials required by applicable law with respect to the making of adjustable rate mortgage loans. Seller shall maintain or cause to be maintained such statement in the Credit File.

Appears in 2 contracts

Sources: Loan Purchase Agreement (Westmark Group Holdings Inc), Bulk Continuing Loan Purchase Agreement (Austin Funding Com Corp)

Obligor Acknowledgment. The Obligor has executed a statement to the effect that the Obligor has received all disclosure materials required by applicable law with respect to the making of adjustable rate mortgage loans. Seller shall maintain or cause to be maintained such statement in the Credit File.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Gs Mortgage Sec Corp Mortgage Pass THR Certs Ser 2003-Sea)

Obligor Acknowledgment. The Obligor has executed a statement ---------------------- to the effect that the Obligor has received all disclosure materials required by applicable law with respect to the making of adjustable rate mortgage loans. Seller shall maintain or cause to be maintained such statement in the Credit File.

Appears in 1 contract

Sources: Continuing Loan Purchase Agreement (United Panam Financial Corp)