Evidence of Title Evidence that title to a REO is held by the Trustee shall be submitted by the Servicer to the Master Servicer and, if applicable, to the Primary Mortgage Insurer and/or the Pool Insurer, within ten Business Days after marketable title to such REO has been acquired.
Documents of Title Not sign or authorize the signing of any financing statement or other document naming Borrower as debtor or obligor, or acquiesce or cooperate in the issuance of any ▇▇▇▇ of lading, warehouse receipt or other document or instrument of title with respect to any Collateral, except those negotiated to Lender, or those naming Lender as secured party, or if solely to create, perfect or maintain a Permitted Lien.
PARTICULARS OF TITLE The strata title for the subject property has yet to be issued. DEVELOPER’S PARCEL NO: L10-071, Storey No. 10, Elements Mall @ Hatten City FLOOR AREA: (Unit) approximately 18 square metres (193.7 square feet) VENDOR (DEVELOPER): Fuyuu Resources Sdn. Bhd. TENURE: Leasehold for 99 years expiring on 19th day of June, 2110 The subject property is a retail shop lot bearing postal address of Unit No. L10-071, Elements Mall @ Hatten City, ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM90,000.00 (RINGGIT MALAYSIA NINETY THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any arrears of quit rent, assessments and service or maintenance charges which may be lawfully due to any relevant authority or the Developer up to the date of auction sale of the property shall be paid out of the purchase money upon receipt of full purchase price. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne by the successful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or ▇▇▇▇▇▇▇’s Order in favour of UOBM for ▇▇▇ ▇▇▇▇ ▇▇▇ & ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ on the day of auction sale. The balance of the purchase money shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (▇▇▇▇▇▇). Online bidders are further subject to the Terms and Conditions on ▇▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇.▇▇. FOR FURTHER PARTICULARS, please contact M/S Khaw & Partners, of ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, No. 69, Jalan Raja Chulan, 50200 Kuala Lumpur [Ref No. 390/229/30849/2024, Tel No. ▇▇-▇▇▇▇▇▇▇▇] the Assignee herein or the undermentioned Auctioneer UNITED OVERSEAS BANK (MALAYSIA) BHD [199301017069 (271809-K)] PIHAK PEMEGANG SERAHHAK/BANK ▇▇▇ Dalam menjalankan ▇▇▇ ▇▇▇ kuasa ▇▇▇▇ telah diberikan kepada Pihak Pemegang Serahhak/Bank dibawah Perjanjian Pinjaman Selaku Penyerahanhak ▇▇▇ Surat Kuasa Wakil kedua-duanya yang bertarikh 11 haribulan November, 2013 diantara Pihak Pemegang Serahhak/Bank ▇▇▇ Pihak Penyerahhak/Peminjam yang diperbuat dalam perkara diatas, adalah dengan ini diisytiharkan bahawa Pihak Pemegang Serahhak/Bank tersebut dengan bantuan Pelelong yang tersebut dibawah Secara alternatif, penawar yang berminat boleh mengemukakan bidaan untuk Hartanah atas talian (“online”) melalui ▇▇▇▇▇ web ▇▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇.▇▇ (Untuk bidaan atas talian, ▇▇▇▇ daftar sekurang-kurangnya satu (1) hari bekerja sebelum hari lelongan untuk tujuan pendaftaran & pengesahan) PENAWAR ATAS TALIAN ADALAH SELANJUTNYA TERTAKLUK KEPADA TERMA-TERMA ▇▇▇ SYARAT-SYARAT DI ▇▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇.▇▇
Defense of Title Warrant and defend title to and ownership of the Pledged Collateral of such Pledgor at its own expense against the claims and demands of all other parties claiming an interest therein, keep the Pledged Collateral free from all Liens, except for Permitted Liens, and not sell, exchange, transfer, assign, lease or otherwise dispose of Pledged Collateral of such Pledgor or any interest therein, except as permitted under the Credit Agreement and the other Credit Documents.
Defense of Title to Collateral Each Borrower shall at all times defend its title to Collateral and Agent’s Liens therein against all Persons, claims and demands whatsoever, except Permitted Liens.