Common use of Sale of Mortgage Loans Clause in Contracts

Sale of Mortgage Loans. The Seller does hereby agree to and does hereby sell, assign, set over, and otherwise convey to the Purchaser, without recourse, on the Closing Date, (i) all of its right, title and interest in and to each Mortgage Loan and the related Cut-off Date Principal Balance thereof, including any Related Documents, (ii) all payments on or collections in respect of the Mortgage Loans due after the Cut-off Date; (iii) all property which secured such Mortgage Loan and which has been acquired by foreclosure or deed in lieu of foreclosure; (iv) its interest in any insurance policies in respect of the Mortgage Loans; and (v) all proceeds of any of the foregoing.

Sale of Mortgage Loans. The Seller does hereby agree to and does hereby sell, assign, set over, and otherwise convey to the Purchaser, without recourse, on the Closing Date, Date (i) all of its right, title and interest in and to each Mortgage Loan and the related Cut-off Date Principal Balance thereof, including any Related Documents, (ii) all payments on or collections in respect of the Mortgage Loans due after the Cut-off Date; (iii) all property which secured such Mortgage Loan and which has been acquired by foreclosure or deed in lieu of foreclosure; (iv) its interest in any insurance policies in respect of the Mortgage Loans; and (v) all proceeds of any of the foregoing.

Sale of Mortgage Loans. The Seller does hereby agree to and does hereby sell, assign, set over, and otherwise convey to the Purchaser, without recourse, on the Closing Date, (i) all of its right, title and interest interest, in and to (i) each Mortgage Loan and the related Cut-off Date Principal Balance thereof, including any Related Documents, (ii) all payments on or collections in respect of the Mortgage Loans due after the Cut-off DateDate (except with respect to any Arrearages); (iii) all property which secured such Mortgage Loan and which has been acquired by foreclosure or deed in lieu of foreclosure; (iv) its interest in any insurance policies in respect of the Mortgage Loans; and (v) all proceeds of any of the foregoing.

Sale of Mortgage Loans. The Seller does hereby agree to and does hereby sell, assign, set over, and otherwise convey to the Purchaser, without recourse, on the Closing Date, Date (i) all of its right, title and interest in and to each Mortgage Loan and the related Cut-off Date Principal Balance thereof, including any Related Documents, (ii) all payments on or collections in respect of the Mortgage Loans due received after the Cut-off DateDate (except with respect to any Arrearages); (iii) all property which secured such Mortgage Loan and which has been acquired by foreclosure or deed in lieu of foreclosure; (iv) its interest in any insurance policies in respect of the Mortgage Loans; and (v) all proceeds of any of the foregoing.

Sale of Mortgage Loans. The Seller does hereby agree to and does hereby sell, assign, set over, and otherwise convey to the Purchaser, without recourse, on the Closing Date, Date (i) all of its right, title and interest in and to each Mortgage Loan and the related Cut-off Date Principal Balance thereof, including any Related Documents, ; (ii) all payments on or collections in respect of the Mortgage Loans due after the Cut-off Date; (iii) all property which secured such Mortgage Loan and which has been acquired by foreclosure or deed in lieu of foreclosure; (iv) its interest in any insurance policies in respect of the Mortgage Loans; (v) the rights of the Seller under the Consulting Agreement; and (vvii) all proceeds of any of the foregoing.

Sale of Mortgage Loans. The Seller does hereby agree to and does hereby sell, assign, set over, and otherwise convey to the Purchaser, without recourse, on the Closing Date, (i) all of its right, title and interest in and to (i) each Mortgage Loan and the related Cut-off Date Principal Balance thereof, including any Related Documents, ; (ii) all payments on or collections in respect of the Mortgage Loans due after the Cut-off Date; (iii) all property which secured such Mortgage Loan and which has been acquired by foreclosure or deed in lieu of foreclosure; (iv) its interest in any insurance policies in respect of the Mortgage Loans; and (v) all proceeds of any of the foregoing.

Sale of Mortgage Loans. (a) The Seller does hereby agree to Sponsor, concurrently with the execution and delivery of this Agreement, does hereby sell, assign, set over, and otherwise convey to the Purchaser, without recourse, on the Closing Date, (ib) all of its right, title and interest in and to each Mortgage Loan and Loan, including the related Cut-off Date Principal Balance thereofBalance, including any Related Documents, (ii) all payments interest accruing thereon on or and after the Cut-off Date and all collections in respect of the Mortgage Loans interest and principal due on or after the Cut-off Date; (iiic) all property which secured such Mortgage Loan and which has been acquired by foreclosure or deed in lieu of foreclosure; (ivd) its interest in any insurance policies in respect of the Mortgage Loans; (e) the Cap Agreements and (vf) all proceeds of any of the foregoing.

Sale of Mortgage Loans. The Seller does hereby agree to and does hereby sell, assign, set over, and otherwise convey to the Purchaser, without recourse, on the Closing Date, Date (i) all of its right, title and interest in and to each Mortgage Loan and the related Cut-off Date Principal Balance thereof, including any Related Documents, ; (ii) all payments on or collections in respect of the Mortgage Loans due after the Cut-off Date; (iii) all property which secured such Mortgage Loan and which has been acquired by foreclosure or deed in lieu of foreclosure; (iv) its interest in any insurance policies in respect of the Mortgage Loans; and (v) all proceeds of any of the foregoing.

Sale of Mortgage Loans. The Seller does hereby agree to (i) Each of the Sellers, concurrently with the execution and delivery of this Agreement, does hereby sell, assign, set over, and otherwise convey to the Purchaser, without recourse, on the Closing Date, (i) all of its right, title and interest in and to each of the Related Mortgage Loan and Loans, including the related Cut-off Date Principal Balance thereofBalance, including any Related Documents, (ii) all payments on or interest due thereon after the Cut-off Date and all collections in respect of the Mortgage Loans interest and principal due on or after the Cut-off Date; (iiiii) all property which secured such Mortgage Loan and which has been acquired by foreclosure or deed in lieu of foreclosure; (iviii) its interest in any insurance policies in respect of the Related Mortgage Loans; and (viv) all proceeds of any of the foregoing.

Sale of Mortgage Loans. The Seller does hereby agree to and does hereby sell, assign, set over, and otherwise convey to the Purchaser, without recourse, on the Closing Date, (i) all of its right, title and interest in and to each Mortgage Loan and the related Cut-Cut off Date Principal Balance thereof, including any Related Documents, (ii) all payments on or collections in respect of the Mortgage Loans due after the Cut-Cut off Date; (iii) all property which secured such Mortgage Loan and which has been acquired by foreclosure or deed in lieu of foreclosure; (iv) its interest in any insurance policies in respect of the Mortgage Loans; and (v) all proceeds of any of the foregoing.

Sale of Mortgage Loans. The Seller does hereby agree to and does hereby sell, assign, set over, and otherwise convey to the Purchaser, without recourse, on the Closing Date, Date (i) all of its right, title and interest in and to each Mortgage Loan and the related Cut-off Date Principal Balance thereof, including any Related Documents, (ii) all payments on or collections in respect of the Mortgage Loans due after the Cut-off Date; (iii) all property which secured such Mortgage Loan and which has been acquired by foreclosure or deed in lieu of foreclosure; (iv) its interest in any insurance policies in respect of the Mortgage Loans; (v) the rights of the Seller under the Mortgage Loan Sale Agreement and (vvi) all proceeds of any of the foregoing.

Sale of Mortgage Loans. The Seller does hereby agree to Sellers, concurrently with the execution and does delivery of this Agreement, do hereby sell, assign, set over, and otherwise convey to the Purchaser, without recourse, on the Closing Date, (i) all of its their right, title and interest in in, to and to under (i) each Mortgage Loan and Loan, including the related Cut-off Off Date Principal Balance thereofBalance, including any Related Documents, (ii) all payments on or collections in respect of the Mortgage Loans interest and principal due thereon after the Cut-off Off Date, but excluding payments of interest and principal due on or before the Cut-Off Date; (iiiii) all property which secured such Mortgage Loan and which has been acquired by foreclosure or deed in lieu of foreclosure; (iviii) its their interest in any insurance policies in respect of the Mortgage Loans; and (viv) all proceeds of any of the foregoing.