Examples of Timeshare Mortgage in a sentence
Borrower shall maintain accurate and complete files relating to the Contracts and the other Collateral to the reasonable satisfaction of Lender, and such files will contain copies of each Contract, the Timeshare Note, Timeshare Mortgage, all relevant credit memoranda, and all collection information and correspondence in respect thereof, as the case may be.
Additional page for Exhibit L of the Loan and Security Agreement, dated November 1, 1997, by and between Vistana Timeshare Mortgage Corp.
Instruments in substantially the form of the Contract, the form of statement of rescission rights required by Applicable Laws, and the form of other instruments and documents related thereto, including, if applicable, any Timeshare Note and/or Timeshare Mortgage, in each case in form and substance reasonably acceptable to Lender, shall be used by Borrower for all purchase and sale transactions of Pledged Intervals.
NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION, as Indenture Trustee By: ___________________________ Title: ________________________ -1- Exhibit E --------- FORM OF ASSIGNMENT OF MORTGAGE KNOW ALL MEN BY THESE PRESENTS: That VISTANA 1998-A TIMESHARE MORTGAGE CORP., a Delaware corporation, ("Assignor"), as owner and holder of the mortgages as more particularly described on Exhibit "A" of that certain Assignment of Mortgages by Vistana Timeshare Mortgage Corp.
The Timeshare Mortgage Loans acquired from Sterling Bank & Trust, FSB and Hxxxxxxxxxxx Investment, LLC pursuant to a Facility Sale Agreement, dated as of April 12, 2002, by the following SPE Obligors: Delft Funding, LLC, Leeward Funding, LLC, Mauna Loa Funding, LLC, VI Funding, LLC, Alexander Funding, LLC, South Pxxxxx Funding, LLC, Paradise Canyon Funding, LLC, Legends Funding, LLC and VO Receivables Funding, LLC.
The Reserve Account shall be held as one or more segregated trust accounts in the Trustee's corporate trust department and shall be titled as follows: "Norwest Bank Minnesota, National Association, as Trustee for the benefit of the registered Holders of Vistana 1998-A Timeshare Mortgage Corp.
Capitalized terms not defined herein shall have the meaning set forth in the Indenture, dated as of July 31, 1998, by and between Vistana 1998-A Timeshare Mortgage Corp., as Issuer and Norwest Bank National Association, as Trustee.
Xxxxx ----------------------------------- Title: Assistant Treasurer ---------------------------------- Additional page for Exhibit F of the Loan and Security Agreement, dated November 1, 1997, by and between Vistana Timeshare Mortgage Corp.
SPV shall or shall enforce its right under the Developer Transfer Agreement to cause each Receivable to be endorsed by the Developer in favor of SPV and by SPV in favor of TFC, and shall cause each Timeshare Mortgage to be properly assigned and recorded with each Lien Filing Office within twenty-one days of the date on which such related Receivable initially becomes part of the Collateral hereunder.
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