Common use of Assignment of Mortgage Clause in Contracts

Assignment of Mortgage. An assignment of Mortgage, notice of transfer or equivalent instrument, in recordable form, which is sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect of record the sale of the Mortgage, which assignment, notice of transfer or equivalent instrument may be in the form of one or more blanket assignments covering Mortgages secured by Mortgaged Properties located in the same county, if permitted by law.

Appears in 11 contracts

Sources: Indenture (Shellpoint Mortgage Acceptance LLC), Pooling and Servicing Agreement (Homebanc Corp), Indenture (Icifc Secured Assets Corp)

Assignment of Mortgage. An assignment of the Mortgage, notice of ---------------------- transfer or equivalent instrument, instrument in recordable form, which is sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect of record the sale of the Mortgage, which assignment, notice of transfer or equivalent instrument may be in Mortgage to the form of one or more blanket assignments covering Mortgages secured by Mortgaged Properties located in the same county, if permitted by lawPurchaser.

Appears in 4 contracts

Sources: Mortgage Loan Purchase and Interim Servicing Agreement (United Panam Financial Corp), Assignment, Assumption and Recognition Agreement (United Panam Financial Corp), Assignment, Assumption and Recognition Agreement (United Panam Financial Corp)

Assignment of Mortgage. An assignment of a Mortgage, notice of transfer transfer, or equivalent instrument, in recordable form, which is sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect of record evidence the sale of the Mortgage, which assignment, notice of transfer or equivalent instrument may be in Loan to the form of one or more blanket assignments covering Mortgages secured by Mortgaged Properties located in the same county, if permitted by lawassignee named therein.

Appears in 1 contract

Sources: Whole Loan Sale Agreement (E Loan Inc)