Right to Cure First Lien Clause Samples
POPULAR SAMPLE Copied 1 times
Right to Cure First Lien. With respect to each Second Lien Loan, the related first lien Mortgage contains a provision which provides for giving notice of default or breach to the mortgagee under the Mortgage Loan and allows such mortgagee to cure any default under the related first lien Mortgage;
Right to Cure First Lien. To the best of Responsible Party's knowledge, the related first lien mortgage does not contain a provision which prohibits such mortgagee from curing any default under the related first lien mortgage; and
Right to Cure First Lien. [Reserved];
Right to Cure First Lien. With respect to any first lien mortgage loan originated by MLN, the first lien Mortgage contains a provision which provides for giving notice of default or breach to the mortgagee under the MLN Mortgage Loan and allows such mortgagee to cure any default under the related first lien mortgage. EXHIBIT II Representations and Warranties Regarding MILA Mortgage Loans.
Right to Cure First Lien. With respect to each Second Lien Loan, the related first lien Mortgage contains a provision which provides for giving notice of default or breach to the mortgagee under the Mortgage Loan and allows such mortgagee to cure any default under the related first lien Mortgage. SCHEDULE ▇-▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ABS Capital I Inc. Mortgage Pass-Through Certificates Series 2005-HE5 Representations and Warranties of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ABS Capital I Inc. as to certain Mortgage Loans With respect the Mortgage Loans for which Accredited Home Lenders, Inc. ("Accredited") is specified as the Originator on the Mortgage Loan Schedule, the Depositor hereby makes the following representations and warranties to the Trustee, as of the Closing Date (or such other date as may be expressly set forth below):
Right to Cure First Lien. To the best of Seller's knowledge, the related first lien mortgage does not contain a provision which prohibits such mortgagee from curing any default under the related first lien mortgage; and
Right to Cure First Lien. With respect to each Second Lien Loan, the related first lien Mortgage contains a provision which provides for giving notice of default or breach to the mortgagee under the Mortgage Loan and allows such mortgagee to cure any default under the related first lien Mortgage. SCHEDULE VI Mortgage Pass-Through Certificates, Series 2005-HE7 Representations and Warranties of WMC Mortgage Corp. as to the WMC Mortgage Loans WMC Mortgage Corp. hereby makes the representations and warranties set forth in this Schedule VI as to the WMC Mortgage Loans only to the Depositor, the Servicer and the Trustee, as of the Closing Date (or such other date as indicated below). Capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed thereto in the WMC Purchase Agreement.
(1) Mortgage Loans as Described. WMC Mortgage Corp. has delivered to the Purchaser, as of December 1, 2005, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than information regarding the Stated Principal Balances or Due Dates) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Closing Date. As of the applicable Servicing Transfer Date with respect to each Mortgage Loan, the information regarding the Stated Principal Balances and Due Dates set forth on the Data Tape Information and the Mortgage Loan Schedule are true and correct;