Second Lien Status. Any Claim, if the mortgage, deed of trust or other similar instrument executed by the Borrower and Insured hereunder does not provide the Insured with a Second Deed of Trust.
Appears in 3 contracts
Sources: Second Mortgage Pool Insurance Policy (Structured Asset Sec Corp Mort Pass THR Certs Ser 2004-Ffa), Pooling and Servicing Agreement (FFMLT Trust 2005-Ffa), Second Mortgage Pool Insurance Policy (First Franklin Mortgage Loan Trust 2003-FFB)