Examples of REO Mortgage in a sentence
The cost of preparing, negotiating and recording such REO Mortgage (including mortgage recording taxes) and the costs associated with such additional documentation and deliverables shall be Servicing Expenses.
Such REO Mortgage shall be duly recorded or filed in such manner and in such places as are required by applicable law to establish, perfect, preserve and protect the Liens in favor of the Collateral Agent granted pursuant to such REO Mortgage, and all taxes, fees and other charges payable in connection therewith shall be paid in full.
At Debtor’s request, the Collateral Agent shall prepare and deliver to Debtor a form of REO Mortgage that (with such modifications as the Collateral Agent shall agree to in its sole discretion) shall serve as a model for subsequent REO Mortgages (subject to changes necessary or advisable, in the Collateral Agent’s judgment, to reflect local law and the particular nature and characteristics of the REO Property in question).