Examples of Xxxxxx Mortgage Loan Seller in a sentence
The servicing and collection practices used by the Depositor and the applicable Xxxxxx Mortgage Loan Seller or, to the Depositor's knowledge, any other prior holder of the related Mortgage Note with respect to such Mortgage Loan have been in all respects legal and have met customary industry standards.
Neither the Depositor nor the Xxxxxx Mortgage Loan Seller has waived, in writing or with knowledge, any material default, breach, violation or event of acceleration under any of such documents.
The servicing and collection practices used by the Depositor and the Xxxxxx Mortgage Loan Seller or, to the Depositor's knowledge, any other prior holder of the related Mortgage Note with respect to such Mortgage Loan have been in all respects legal and have met customary industry standards.
Neither the Depositor nor the applicable Xxxxxx Mortgage Loan Seller has waived, in writing or with knowledge, any material default, breach, violation or event of acceleration under any of such documents.
The related Mortgagor has represented in the related Mortgage Loan documents that, and to the actual knowledge of the Depositor and the Xxxxxx Mortgage Loan Seller, as of the date of origination of such Mortgage Loan, all material licenses, permits and authorizations then required for use of the related Mortgaged Property by such Mortgagor, the related lessee, franchisor or operator have been issued and were valid and in full force and effect.
To the actual knowledge of the Depositor and the Xxxxxx Mortgage Loan Seller, there are no pending actions, suits or proceedings by or before any court or governmental authority against or affecting the related Mortgagor or any related Mortgaged Property that, if determined adversely to such Mortgagor or Mortgaged Property, would materially and adversely affect the value of such Mortgaged Property or the ability of such Mortgagor to pay principal, interest or any other amounts due under such Mortgage Loan.
No advance of funds has been made, directly or indirectly, by the originator, the Xxxxxx Mortgage Loan Seller or the Depositor to the related Mortgagor other than pursuant to the related Mortgage Note; and, to the actual knowledge of the Depositor and the Xxxxxx Mortgage Loan Seller, no funds have been received from any Person other than such Mortgagor for or on account of payments due on the related Mortgage Note.
Neither the Depositor nor the Xxxxxx Mortgage Loan Seller has received actual notice with respect to such Mortgage Loan that any mechanics' and materialmen's liens have encumbered such Mortgaged Property since origination that have not been released, bonded, insured against or escrowed for.
To the knowledge of the Depositor and the Xxxxxx Mortgage Loan Seller, the related Mortgagor is a Person formed or incorporated in a jurisdiction within the United States.
Wherever there is a reference to receipt by, or possession of, the Depositor of any information or documents, or to any action taken by the Depositor or not taken by the Depositor or its agents or employees, such reference shall include the receipt or possession of such information or documents by, or the taking or not taking of such action by any of the Depositor, the applicable Xxxxxx Mortgage Loan Seller or any servicer acting on behalf of either.