Recordable Clause Samples
The 'Recordable' clause defines whether a particular event, transaction, or agreement must be formally documented or registered with an official body or authority. In practice, this clause specifies the types of records that need to be created, maintained, or filed, such as registering a security interest with a government registry or recording a deed with a land office. Its core function is to ensure legal recognition and enforceability of the relevant rights or obligations by requiring proper documentation, thereby reducing disputes and providing clear evidence of the transaction or event.
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Recordable. Unless such Mortgage Loan is a MERS Designated Mortgage Loan, the assignment of the related Mortgage is in recordable form and is acceptable for recording under the laws of the jurisdiction where the related Mortgaged Property is located.
Recordable. Company may record this Agreement or a Memorandum of this Agreement in the Public Records of Osceola County, Florida.
Recordable. As to any Mortgage Loan which is not a MERS Mortgage Loan, the Assignment of Mortgage and any intervening assignments, if any, showing a complete chain of title from the name of the originator to the name of the Seller is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. If the Mortgage Loan is a MERS Mortgage Loan, MERS properly reflects the complete chain of title from the originator to the Trustee as Purchaser’s designee. The Mortgage either has been or will promptly be submitted for recordation in the appropriate governmental recording office of the jurisdiction where the Mortgaged Property is located.
Recordable. As to any Underlying Mortgage Loan which is not a MERS Loan, the assignment of mortgage is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located.
Recordable. Notwithstanding the foregoing, however, violation of this covenant by Borrower shall constitute an Event of Default.
Recordable. The Security Instrument was recorded, or is in the process of being recorded, and all subsequent assignments of the original Security Instrument, showing a complete chain of title from the originator to the Seller, as applicable, have been recorded or are in the process of being recorded in the appropriate jurisdictions in which such recordation is necessary to perfect the liens against creditors of the Seller.
Recordable. The Security Instrument was recorded, or is in the process of being (and will promptly be) recorded, in the name of the Buyer in the jurisdiction(s) where the Property is located.