Principal Residence. With respect to each Second Lien Loan, the related Mortgaged Property is the Mortgagor’s principal residence. This representation and warranty is a Deemed Material and Adverse Representation.
Appears in 5 contracts
Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-5ax), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-10xs), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-11ar)
Principal Residence. With respect to each The related Mortgaged Property was the Mortgagor's principal residence at the time of the origination of such Second Lien Loan, the related Mortgaged Property is the Mortgagor’s principal residence. This representation and warranty is a Deemed Material and Adverse Representation.
Appears in 4 contracts
Samples: Mortgage Loan Sale and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-6ar), Mortgage Loan Sale and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc), Mortgage Loan Sale and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-8ar)
Principal Residence. With respect to each Second Lien Loan, the related Mortgaged Property is was the Mortgagor’s principal residenceresidence or second home at the time of the origination of such Second Lien Loan, as set forth on the related Mortgage Loan Schedule. This representation and warranty is a Deemed Material and Adverse Representation.;
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-Nc5), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He7), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc1)
Principal Residence. With respect to each Second Lien Loan, the related Mortgaged Property is was the Mortgagor’s principal residenceresidence at the time of the origination of such Second Lien Loan. This representation and warranty is a Deemed Material and Adverse Representation.
Appears in 1 contract
Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He7)