Possession of Eligible Mortgage Loan Documents. Prior to the time Bank has received payment in full for any Advance to fund a particular Eligible Mortgage Loan, Borrower will not request or accept delivery of the original Mortgage Note, and if any such documents are delivered to Borrower in error or otherwise, Borrower will immediately notify Bank of such event by telephone and cause such documents to be delivered as soon as practical to Bank.
Appears in 6 contracts
Samples: Loan and Security Agreement, Mortgage Warehouse Loan and Security Agreement (William Lyon Homes), Mortgage Warehouse Loan and Security Agreement (William Lyon Homes)
