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Common use of Balloon Payments Clause in Contracts

Balloon Payments. No Mortgage Loan is a balloon mortgage loan that has an original stated maturity of less than seven (7) years;

Appears in 10 contracts

Sources: Mortgage Loan Flow Purchase, Sale & Servicing Agreement (GSR Mortgage Loan Trust 2007-3f), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (GSR Mortgage Loan Trust 2006-8f), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (GSR Mortgage Loan Trust 2007-Ar2)

Related Clauses

  • Monthly Payments
  • Monthly Payment
  • Scheduled Payments
  • ▇▇▇▇▇▇▇▇▇ Payments
  • Loan Payments

Parent Clauses

  • Representations and Warranties as to Individual Mortgage Loans
  • Representations Warranties and Covenants of the Seller Repurchase and Substitution Review of Mortgage Loans
  • Transfer of Mortgage Loans
  • RIGHTS, POWERS AND DUTIES OF MANAGING MEMBERS
  • REPRESENTATIONS AND WARRANTIES
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