MERS Procedures Manual definition

MERS Procedures Manual. The MERS Procedures Manual, as it may be amended, supplemented or otherwise modified from time to time.

MERS Procedures Manual means the MERS Procedures Manual attached as Exhibit B hereto, as it may be amended from time to time.

MERS Procedures Manual means the MERS Procedures Manual, as it may be amended from time to time.

Examples of MERS Procedures Manual in a sentence

• The Seller has designated or shall designate MERS as, and has taken or will take such action as is necessary to cause MERS to be, the mortgagee of record with respect to each Mortgage Loan in a Mortgage Pool, and in accordance with the MERS Procedures Manual, the Seller has designated or shall designate the Seller as the servicer or subservicer in the MERS® System for each such Mortgage Loan (each such Mortgage Loan, upon such designation by MERS, a “MERS Designated Mortgage Loan”).

• Xxxxxxx Name: Xxxxxx Xxxxxxxxx Name: Title: Secretary/Treasurer Title: General Counsel Title: EXHIBIT B MERS PROCEDURES MANUAL The MERS Procedures Manual shall be found on the MERS website at: xxxx://xxx.xxxxxxx.xxx EXHIBIT C NOTICE OF DEFAULT , Attention: [ ] MERSCORP, Inc.

• Investor: With respect to each MERS Designated Mortgage Loan, the Person named on the MERS System as the investor pursuant to the MERS Procedures Manual.

• Class Plaintiffs allege that their respective MERS Note Assignments delineated below, were not prepared, or signed by MERS employees, regardless of what the respective signature blocks state on those MERS Note Assignments, but rather, by bank and/or loan servicer employees acting as ex officio MERS Officers with conditional authority from MERS, while simultaneously engaging in activities specifically prohibited by MERS Procedures Manual.

• MERS Procedures Manual authorizes MERS Members’ Officers [including banks and loan servicing companies holding a MERS Memberships], through special corporate resolutions adopted by MERS, to act as ex officio MERS Officials for the purpose of signing Assignments in the name of MERS, provided that the Assignments are prepared in accordance with, inter alia, MERS Rules, Procedures, applicable laws, rules and regulations.

More Definitions of MERS Procedures Manual

MERS Procedures Manual means the MERS Procedures Manual attached as Exhibit B to the Electronic Tracking Agreement, as it may be amended, supplemented or otherwise modified from time to time.

MERS Procedures Manual. The MERS Procedures Manual attached as Exhibit B to the Electronic Tracking Agreement, as it may be amended, supplemented or modified from time to time.

MERS Procedures Manual. The MERS Procedures Manual, as it may be amended, supplemented or otherwise modified from time to time. MERS System: MERS Electronic Registration Systems, Inc., or any successor thereto.

MERS Procedures Manual. The MERS Procedures Manual, as it may be amended, supplemented or otherwise modified from time to time. MILA: MILA, Inc., a Washington corporation, and its successors in interest.

MERS Procedures Manual means the MERS Procedures Manual, as it may be amended from time to time. “MERS System” means the mortgage electronic registry system operated by the Electronic Agent that tracks changes in Mortgage ownership, mortgage servicers and servicing rights ownership. “Mortgage” means a mortgage, deed of trust, deed to secure debt, security deed or other mortgage instrument or similar evidence of lien legally effective in the U.S. jurisdiction where the relevant real property is located to create and constitute a valid and enforceable first priority Lien or, in the case of a Second Mortgage Loan, second priority Lien, in each case subject only to Permitted Encumbrances, on the fee simple estate in improved real property. “Mortgage Assignment” means an assignment of a Mortgage, in form sufficient under the Legal Requirements of the U.S. jurisdiction where the real property covered by such Mortgage is located to give record notice of the assignment of such Mortgage, perfect the assignment and establish its priority relative to other transactions in respect of the Mortgage assigned (no Mortgage Assignment is required for any Mortgage that has been originated in the name of MERS and registered under the MERS System). “Mortgage Finance Online” means and refers to the Custodian’s web-based electronic data transmission software, access to which is provided to the Seller hereunder for the purpose of Transaction booking and Purchased Loan information management and reporting. “Mortgage Loan” means a one-to-four family, residential real estate loan (including an eMortgage Loan) evidenced by a Mortgage Note (including, with respect to any eMortgage Loan, the related eNote) and secured by a Mortgage encumbering a fee simple interest in real property, together with all improvements thereon, located in the United States; including without limitation, the Mortgage Note evidencing the indebtedness of Customer(s) thereon, whether on paper or electronically created, the Mortgage securing, guaranteeing or otherwise relating thereto, all rights to payment thereunder, all rights in the real property, improvements and other tangible and intangible property and rights securing payment of the indebtedness of the Customer(s) thereon, or that are the subject of such Mortgage Loan, all rights under Loan Documents, Loan Files, and other documents related thereto, such as guaranties and insurance policies (issued by governmental agencies or otherwise), including, without limitation, mortgage ...

MERS Procedures Manual means that certain document entitled “MERS Procedures Manual” as promulgated by MERSCORP Holdings, Inc. and dated as of August 10, 2012, which document describes, and contains the terms and provisions relating to and regulating, the MERS® System, as such document may be replaced, amended, or modified from time to time.

MERS Procedures Manual means the MERS Procedures Manual, as it may be amended from time to time. “MERS® System” means the Electronic Agent’s mortgage electronic registry system, as more particularly described in the MERS Procedures Manual.