Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 92 contracts
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2005-2), Custodial Agreement (Sasco Mortgage Loan Trust Series 2004-Gel2), Trust Agreement (BNC Mortgage Loan Trust 2006-2)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff payoff, condemnation proceeds, Insurance Proceeds, or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage LoanLoan by foreclosure or deed in lieu of foreclosure, including any amounts remaining in the related Escrow Account.
Appears in 45 contracts
Samples: Custodial Agreement (Lehman XS Trust 2007-10h), Trust Agreement (Lehman XS Trust 2007-11), Trust Agreement (Lehman XS Trust 2006-19)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff sale or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 29 contracts
Samples: Trust Agreement (Structured Asset Securities Corp Trust 2005-3), Trust Agreement (Structured Asset Securities CORP Mortgage Pass-Through Certificates, Series 2004-13), Trust Agreement (Structured Asset Securities Co Mor Pass-THR Cer Ser 2002-19)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff or otherwise, or the sale of the related Mortgaged Property REO Property, if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 10 contracts
Samples: Transfer and Servicing Agreement (Fieldstone Mortgage Investment CORP), Transfer and Servicing Agreement (Fieldstone Mortgage Investment Trust, Series 2006-2), Transfer and Servicing Agreement (Fieldstone Mortgage Investment CORP)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff payoff, proceeds of liquidation of a Mortgage Loan recovered in connection with a claim paid under a Pool Insurance Policy or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 4 contracts
Samples: Trust Agreement (Structured Asset Securities Corp 2004-S3), Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates 2004-S2), Trust Agreement (Structured Asset Securities Corp)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff condemnation proceeds, Insurance Proceeds or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 4 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003-Bc2), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 Am1), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003 Bc1)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s 's sale, foreclosure sale, payment in full, discounted payoff or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 4 contracts
Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc1), Custodial Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc2), Servicing Agreement (Structured Asset Sec Corp Pass THR Cert Ser 2002 Bc3)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s 's sale, foreclosure sale, payment in full, discounted payoff sale or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 3 contracts
Samples: Trust Agreement (Structured Asset Securities Corp Mort Pas THR Ce Se 2002 17), Trust Agreement (Structured Asset Securities Corp Mort Pas THR Cer Se 2002-2), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-3)
Liquidation Proceeds. Cash received in connection with the -------------------- liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s 's sale, foreclosure sale, payment in full, discounted payoff sale or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 3 contracts
Samples: Trust Agreement (Structured Asset Securities Corporation), Trust Agreement (Structured Asset Securities Corporation), Trust Agreement (Structured Asset Securities Corp/Ny)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff sale or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow AccountProperty.
Appears in 2 contracts
Samples: Agreement (Crescent Banking Co), Agreement (Crescent Banking Co)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff payoff, condemnation proceeds, Insurance Proceeds or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage LoanLoan by foreclosure or deed in lieu of foreclosure, including any amounts remaining in the related Escrow Account.
Appears in 2 contracts
Samples: Trust Agreement (Sasco 2007-Eq1), Securitization Servicing Agreement (Sasco 2006-S2)
Liquidation Proceeds. Cash received in connection with the liquidation of -------------------- a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s 's sale, foreclosure sale, payment in full, discounted payoff sale or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 2 contracts
Samples: Trust Agreement (Structured Asset Securities Corp), Trust Agreement (Structured Asset Securities Corp)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff or otherwise, or the sale of the related Mortgaged Property if the such Mortgaged Property is acquired in satisfaction of the Mortgage such Loan, including any amounts remaining in the related Escrow Account.
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Greenpoint Mortgage Funding Trust 2006-He1), Sale and Servicing Agreement (Bond Securitization LLC)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff sale or otherwise, or the sale of the related Mortgaged Property and any related Additional Collateral if the Mortgaged Property and such Additional Collateral is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow AccountAccount and, with respect to Additional Collateral, any amounts paid under the Surety Bond.
Appears in 2 contracts
Samples: Trust Agreement (Thornburg Mortgage Securities Trust 2005-3), Trust Agreement (Structured Asset Securities Corp Thorn Mort Sec Tr 2003-3)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff sale or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account, together with any net proceeds received on a monthly basis with respect to any properties acquired on behalf of the Holders by foreclosure or deed in lieu of foreclosure.
Appears in 1 contract
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage LoanLoan or Reserve Fund Mortgage Asset, whether through the sale or assignment of such Mortgage LoanLoan or Reserve Fund Mortgage Asset, trustee’s 's sale, foreclosure sale, payment in full, discounted payoff or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage LoanLoan or Reserve Fund Mortgage Asset, including any amounts remaining in the related Escrow Account.
Appears in 1 contract
Samples: Custodial Agreement (Structured Asset Securities Corp Mort Back Notes Ser 2002 9)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff sale or otherwise, or the sale of the related Mortgaged Property and any related Additional Collateral if the Mortgaged Property and such Additional Collateral is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 1 contract
Samples: Trust Agreement (Thornburg Mortgage Securities Trust 2004-3)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003 S1)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff sale or otherwise, or the sale of the related Mortgaged Property REO Property, if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 1 contract
Samples: Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2006-Bc6)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff sale or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow AccountSubsequent Recoveries.
Appears in 1 contract
Samples: Servicing Agreement (GSAA Home Equity Trust 2007-10)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff sale or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 1 contract
Samples: Letter Agreement (Thornburg Mortgage Securities Trust 2005-4)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s 's sale, foreclosure sale, payment in full, discounted payoff sale or otherwise, or the sale of the related Mortgaged Property and any related Additional Collateral if the Mortgaged Property and such Additional Collateral is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow AccountAccount and, with respect to Additional Collateral, any amounts paid under the Surety Bond.
Appears in 1 contract
Samples: Trust Agreement (Thornburg Mortgage Sec Tr 2002-1 MRT Ln Ps THR CRT Sr 2002-1)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff payoff, proceeds of liquidation of a Mortgage Loan recovered in connection with a claim paid under the Pool Insurance Policy or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 1 contract
Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2003-FFB)
Liquidation Proceeds. Cash Any and all cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of the Note and Loan Documents evidencing such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff sale or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired by deed in satisfaction lieu of the Mortgage Loan, including any amounts remaining in the related Escrow Accountforeclosure.
Appears in 1 contract
Samples: Agreement Regarding (KBS Strategic Opportunity REIT, Inc.)
Liquidation Proceeds. Cash received in connection with the liquidation of a -------------------- defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s 's sale, foreclosure sale, payment in full, discounted payoff sale or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 1 contract
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff sale of REO property or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.
Appears in 1 contract
Samples: Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax)
Liquidation Proceeds. Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff sale or otherwise, or other than amounts received following the sale acquisition of the related Mortgaged an REO Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Accountpursuant to Section 4.13.
Appears in 1 contract
Samples: Master Interim Servicing Agreement (HarborView 2006-10)
