Common use of Holder of Notes Clause in Contracts

Holder of Notes. The Owner is the owner and holder of the notes evidencing the debt under the Mortgage Loans (with each note either endorsed in blank or endorsed to Owner), and is the beneficiary or mortgagee of record of the mortgage or deed of trust securing such Mortgage Loans.

Appears in 2 contracts

Samples: Residential Flow Servicing Agreement (Structured Ass Sec Cor a R Col Tr MRT Ps THR CRT Ser 01-Bc6), Reconstituted Servicing Agreement (Structured Asset Securities Corp Mort Pas THR Ce Se 2001-Bc3)

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Holder of Notes. The Owner is the owner and holder of the notes --------------- evidencing the debt under the Mortgage Loans (with each note either endorsed in blank or endorsed to Owner), and is the beneficiary or mortgagee of record of the mortgage or deed of trust securing such Mortgage Loans.

Appears in 1 contract

Samples: Residential Flow Servicing Agreement (United Panam Financial Corp)

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Holder of Notes. The Owner is the owner and holder of the notes evidencing the debt under the Mortgage Loans (with each note either endorsed in blank or endorsed to Owner), and is the beneficiary or mortgagee of record of the mortgage or deed of trust securing such Mortgage Loans.

Appears in 1 contract

Samples: Servicing and Servicing Rights Purchase Agreement (New Century Financial Corp)

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