Mortgage File definition
Examples of Mortgage File in a sentence
There exists as part of the related Mortgage File an Assignment of Leases (either as a separate instrument or incorporated into the related Mortgage).
With respect to each Mortgage Loan, except as contained in a written document included in the Mortgage File, there have been no modifications, amendments or waivers, that could be reasonably expected to have a material adverse effect on such Mortgage Loan consented to by the Mortgage Loan Seller on or after the Cut-off Date.
The Custodian shall (i) except in the case of the initial Custodian, be a depository institution subject to supervision by federal or state authority, (ii) have combined capital and surplus of at least $15,000,000 and (iii) be qualified to do business in the jurisdiction in which it holds any Mortgage File.
If such notation is found, review the Mortgage File for a modification agreement or other such instrument is in the Mortgage File.
If the modification agreement or instrument is in the Mortgage File, it will be a Test pass.