Common use of Payments Current Clause in Contracts

Payments Current. All payments required to be made up to the Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No more than two percent (2%) of the Mortgage Loans have been 30 days delinquent more than one time within twelve months prior to the Closing Date;

Appears in 13 contracts

Sources: Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Cer Ser 2002-8a), Seller's Warranties and Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 24a), Seller's Warranties and Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-18a)

Payments Current. All payments required to be made up to the Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No more than two percent (2%) of the payment under any Mortgage Loans have Loan has been 30 days delinquent more than one time within the twelve months prior to the Closing Date;

Appears in 11 contracts

Sources: Seller's Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-1ar), Seller's Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-8ar), Seller's Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-2)

Payments Current. All payments required to be made up to the Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No more than two percent payment under any Mortgage Loan has been thirty (2%30) of the Mortgage Loans have been 30 days delinquent more than one (1) time within twelve (12) months prior to the related Closing Date;

Appears in 10 contracts

Sources: Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-3f), Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-Ar2), Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-1f)

Payments Current. All payments required to be made up to the Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No more than two percent payment under any Mortgage Loan has been thirty (2%30) of the Mortgage Loans have been 30 days delinquent more than one (1) time within the twelve (12) months prior to the related Closing Date;

Appears in 9 contracts

Sources: Master Seller’s Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax), Master Seller’s Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-15ar), Master Seller’s Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-10xs)

Payments Current. All payments required to be made up to the related Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No more than two percent payment under any Mortgage Loan has been thirty (2%30) of the Mortgage Loans have been 30 days delinquent more than one time within twelve (12) months prior to the related Closing Date;

Appears in 5 contracts

Sources: Master Seller's Warranties and Servicing Agreement (Prime Mortgage Trust 2007-1), Pooling and Servicing Agreement (Prime Mortgage Trust 2006-2), Master Seller's Warranties and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2006-He3)

Payments Current. All payments required to be made up to the Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No more than two percent payment under any Mortgage Loan has been thirty (2%30) of the Mortgage Loans have been 30 days delinquent more than one time within twelve (12) months prior to the Closing Date;

Appears in 4 contracts

Sources: Sale and Servicing Agreement (Bear Stearns ARM Trust 2006-1), Pooling and Servicing Agreement (HSI Asset Loan Obligation Trust 2007-Wf1), Sale and Servicing Agreement (Bear Stearns Asset Backed Securities I LLC)

Payments Current. All payments required to be made up to the Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No more than two percent (2%) of the payment under any Mortgage Loans have Loan has been 30 days delinquent more than one time within twelve months prior to the Closing Date;.

Appears in 3 contracts

Sources: Seller's Warranties and Servicing Agreement (MASTR Asset Securitization Trust 2006-2), Seller's Warranties and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Ab1), Seller's Warranties and Servicing Agreement (MASTR Alternative Loan Trust 2006-1)

Payments Current. All payments required to be made up to the related Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note Note, other than payments not yet 30 days delinquent, have been made by the borrower and credited. No As of the related Cut-off Date, no payment required under a Mortgage Loan is 30 days or more than two percent (2%) delinquent nor has any payment under a Mortgage Loan been 30 days or more delinquent at any time since the origination of the Mortgage Loans have been 30 days delinquent more than one time within twelve months prior to the Closing DateLoan;

Appears in 3 contracts

Sources: Pooling and Servicing Agreement (Gs Mortgage Securities Corp. Gsaa Home Equity Trust 2004-9), Pooling and Servicing Agreement (GS Mortgage Securities Corp GSAMP Trust 2004-Nc2), Pooling and Servicing Agreement (GSAA Home Equity Trust 2005-2)

Payments Current. All payments required to be made up to the Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No more than two five percent (25%) of the Mortgage Loans have been 30 days delinquent more than one time within twelve months prior to the Closing Date;

Appears in 3 contracts

Sources: Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Cer Se 2002-1a), Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp Mort Pa THR Ce Ser 2001-18a), Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp Mort Pa THR Ce Ser 2001-18a)

Payments Current. All payments required to be made up to the Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No more than two percent payment under any Mortgage Loan has been thirty (2%30) of the Mortgage Loans have been 30 days delinquent more than one time within twelve months prior to the Closing Date;

Appears in 2 contracts

Sources: Seller's Warranties and Servicing Agreement (STARM Mortgage Loan Trust 2007-3), Seller's Warranties and Servicing Agreement (MASTR Alternative Loan Trust 2007-1)

Payments Current. All payments required to be made up to the Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No more than two percent (2%) of the payment under any Mortgage Loans have Loan has been 30 or more days delinquent more than one time within twelve months prior to the Closing Date;

Appears in 1 contract

Sources: Seller's Warranties and Servicing Agreement (J.P. Morgan Mortgage Trust 2006-A1)

Payments Current. All payments required ▇▇▇▇▇red to be made up to the Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No more than two percent payment under any Mortgage Loan has been thirty (2%30) of the Mortgage Loans have been 30 days delinquent more than one (1) time within twelve (12) months prior to the Closing Date;

Appears in 1 contract

Sources: Trust Agreement (BCAP LLC Trust 2007-Aa2)

Payments Current. All payments required to be made up to the Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No more than two percent (2%) of the Mortgage Loans have been 30 days delinquent more than one time within twelve (12) months prior to the Closing Date;

Appears in 1 contract

Sources: Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp Mort Pas THR Cert Se 03 2a)

Payments Current. All payments required to be made up to the Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No payment under any Mortgage Loan has been thirty (30) or more than two percent (2%) of the Mortgage Loans have been 30 days delinquent more than one time within twelve (12) months prior to the Closing Date;

Appears in 1 contract

Sources: Seller's Warranties and Servicing Agreement (J.P. Morgan Mortgage Acquisition Trust 2006-Wf1)

Payments Current. All payments required to be made up to the Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No more than two percent (2%) of the payment under any Mortgage Loans have Loan has been 30 days delinquent more than one time within twelve months prior to the Closing DateSeptember 10, 2001;

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Mastr Adjustable Rate Mortgages Trust 2001-1)

Payments Current. All payments required to be made up to the Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No more than two percent (2%) of the payment under any Mortgage Loans have Loan has been 30 or more days delinquent more than one time within twelve months prior to since the Closing Datedate of origination;

Appears in 1 contract

Sources: Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-A4)

Payments Current. All payments required to be made up to the related Cut-off Date for the Mortgage Loan under the terms of the Mortgage Note have been made by the borrower and credited. No more than two percent (2%) of the payment under any Mortgage Loans have Loan has been 30 days delinquent more than one time within twelve months prior to the related Closing Date;

Appears in 1 contract

Sources: Trust Agreement (GS Mortgage GSAMP Trust 2004-Wf)