Mortgage Documents definition
Examples of Mortgage Documents in a sentence
No casualty insurance proceeds have been used by Seller to reduce Mortgage Loan balances or for any other purpose except to make repairs to the Mortgaged Property, except as allowed pursuant to applicable law and the Mortgage Documents.
If Administrative Agent redelivers any Mortgage Documents with respect to any Purchased Mortgage Loan to Seller under this Section, Seller shall return such Mortgage Documents to Administrative Agent not more than ten (10) days from the date of delivery to Seller, and if Seller fails to do so within said period then Seller shall immediately repay the outstanding Repurchase Price with respect to such Purchased Mortgage Loan.
There is only one original executed Mortgage Note (or, in the case of an eNote, only one Authoritative Copy of the eNote, and each other copy of the eNote is readily identifiable as a copy that is not the Authoritative Copy of the eNote) with respect to such Mortgage Loan, and, if an eMortgage Loan, the Mortgagor only signed the eNote at origination and did not also execute an original Mortgage Documents.
With respect to each Texas Refinance Loan that is a cash out refinancing, the related Mortgage Documents state that the Mortgagor may prepay such Texas Refinance Loan in whole or in part without incurring a prepayment penalty.
As of the Purchase Date, the full original principal amount of each Mortgage Loan has been fully disbursed as provided for in the Mortgage Documents, and there is no requirement for any future advances.