Common use of Location and Type of Mortgaged Property Clause in Contracts

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the Mortgage Loan Schedule and consists of a parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a townhouse, provided, however, that any condominium project or planned unit development shall conform with the applicable ▇▇▇▇▇▇ Mae requirements regarding such dwellings, and no residence or dwelling is a mobile home or a manufactured dwelling. As of the respective appraisal date for each Mortgaged Property, no portion of the Mortgaged Property was being used for commercial purposes. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets ▇▇▇▇▇▇ ▇▇▇ eligibility requirements or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 9 contracts

Sources: Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Cer Ser 2002-8a), Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Cer Se 2002-1a), Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp Mort Pa THR Ce Ser 2001-18a)

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the Mortgage Loan Schedule and consists of a parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a townhouse, provided, however, that any condominium project or planned unit development shall conform with the applicable ▇▇▇▇▇▇ Fannie Mae requirements regarding such dwellings, and no residence or dwelling is a mobile home or a manufactured dwellinghome. As of the respective appraisal date for each Mortgaged Property, no portion of the Mortgaged Property was being used for commercial purposes. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets ▇▇▇▇▇▇ ▇▇▇ eligibility requirements or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 2 contracts

Sources: Seller's Warranties and Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 24a), Seller's Warranties and Servicing Agreement (Lehman Sarm 2005-5)

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the Mortgage Loan Schedule and consists of a parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a townhouse, provided, however, that any condominium project or planned unit development shall conform with the applicable ▇▇▇▇▇▇ Mae requirements regarding such dwellings, and no residence or dwelling is a mobile home or a manufactured dwellinghome. As of the respective appraisal date for each Mortgaged Property, no portion of the Mortgaged Property was being used for commercial purposes. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets ▇▇▇▇▇▇ ▇▇▇ eligibility requirements or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 2 contracts

Sources: Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp), Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp)

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the Mortgage Loan Schedule and consists of a parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a townhouse, provided, however, that any condominium project or planned unit development shall conform with the applicable ▇▇▇▇▇▇ Mae requirements regarding such dwellings, and no residence or dwelling is a mobile home or a manufactured dwellinghome. As of the respective appraisal date for each Mortgaged Property, no portion of the Mortgaged Property was being used for commercial purposes. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets ▇▇▇▇▇▇ ▇▇▇ eligibility requirements or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 2 contracts

Sources: Seller's Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust), Seller's Warranties and Servicing Agreement (Sturctured Asset Securities Corp Mort Pass Thru Ser 2004-1)

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the related Mortgage Loan Schedule and consists of a contiguous parcel of real property with a detached single family residence erected thereon, or a two- two to four-four family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a townhouse, provided, however, that any condominium project or planned unit development shall conform with the applicable ▇▇▇▇▇▇ Mae requirements regarding such dwellings, and no residence or dwelling is a mobile home or a manufactured dwellingcooperative unit. As of the respective appraisal date for each Mortgaged Propertyof the Appraisal, no portion of the the, Mortgaged Property was being used for commercial purposes. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus minimis planned unit development) such condominium or planned unit development project meets ▇▇▇▇▇▇ ▇▇▇ eligibility requirements or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 2 contracts

Sources: Servicing Agreement (Structured Asset Securities Corp. 2005-14), Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-10)

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the related Mortgage Loan Schedule and consists of a contiguous parcel of real property with a detached single family residence erected thereon, or a two- two to four-four family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a townhouse, provided, however, that any condominium project or planned unit development shall conform with the applicable ▇▇▇▇▇▇ Mae requirements regarding such dwellings, and no residence or dwelling is a mobile home or a manufactured dwellingcooperative unit. As of the respective appraisal date for each Mortgaged Propertyof the Appraisal, no portion of the Mortgaged Property was being used for commercial purposes. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus minimis planned unit development) such condominium or planned unit development project meets ▇▇▇▇▇▇ ▇▇▇ eligibility requirements or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 2 contracts

Sources: Master Seller's Warranties and Servicing Agreement (Banc of America Funding 2006-3 Trust), Master Seller's Warranties and Servicing Agreement (Banc of America Funding 2006-2 Trust)

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the Mortgage Loan Schedule and consists of a parcel of real property with a detached single family residence erected thereon, or a two- two to four-family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a townhouse, provided, however, that any condominium project or planned unit development shall conform with the applicable ▇▇▇▇▇▇ Mae requirements regarding such dwellings, and no residence or dwelling is a mobile home or a manufactured dwelling. As of the respective appraisal date for each Mortgaged Property, no portion of the Mortgaged Property was being used for commercial purposes. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets ▇▇▇▇▇▇ ▇▇▇ eligibility requirements or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 2 contracts

Sources: Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp Mort Pas THR Cert Se 03 2a), Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp Mort Pas-THR Cert Ser 2002-)

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the Mortgage Loan Schedule and consists of a parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a townhouse, provided, however, that any condominium project or planned unit development shall conform with the applicable ▇▇▇▇▇▇ Mae Agency requirements regarding such dwellings, and no residence or dwelling is a mobile home or a manufactured dwelling. As of the respective appraisal date for each Mortgaged Property, no portion of the Mortgaged Property was being used for commercial purposes. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets ▇▇▇▇▇▇ ▇▇▇ Agency eligibility requirements or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae Agency project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ Agency with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 1 contract

Sources: Servicing Agreement (Structured Asset Sec Corp Mort Pass-THR Certs Ser 2004-Gel1)

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the Mortgage Loan Schedule and consists of a parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a townhouse, provided, however, that any condominium project or planned unit development shall conform with the applicable ▇▇▇▇▇▇ Fannie Mae requirements regarding such dwellings, and no ▇▇▇ ▇o residence or dwelling is a mobile home or a manufactured dwelling. As of the respective appraisal date for each Mortgaged Property, no portion of the Mortgaged Property was being used for commercial purposes. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets ▇▇▇▇▇▇ ▇▇▇ Fannie Mae eligibility requirements or is located in a condominium ▇▇ ▇ c▇▇▇ominium or planned unit development project which has received ▇▇▇▇▇▇ Fannie Mae project approval and the representations and warranties required by ▇▇▇▇representatio▇▇ ▇▇▇ warranties required by Fannie Mae with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 1 contract

Sources: Seller's Warranties and Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-18a)

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the Mortgage Loan Schedule and consists of a parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual condominium unit in a condominium project, or a manufactured home, or an individual unit in a planned unit development or a townhouse, provided, however, that any condominium project or planned unit development shall conform with the applicable ▇▇▇▇▇▇ Fannie Mae requirements regarding such dwellings, and no residence n▇ ▇▇▇▇dence or dwelling is a mobile home or a manufactured dwellinghome. As of the respective appraisal date for each Mortgaged Property, no portion of the Mortgaged Property was being used for commercial purposes. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets ▇▇▇▇▇▇ ▇▇▇ Fannie Mae eligibility requirements or is located in a condominium ▇▇▇▇▇▇i▇▇▇m or planned unit development project which has received ▇▇▇▇▇▇ Fannie Mae project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ nties required by Fannie Mae with respect to such condominium or planned unit development ▇▇▇▇ ▇e▇▇▇opment have been made and remain true and correct in all respects;

Appears in 1 contract

Sources: Seller's Warranties and Servicing Agreement (Mortgage Pass-Through Certificates Series 2003-37a)

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the Mortgage Loan Schedule and consists of a parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual condominium unit in a condominium project, or a cooperative unit, or an individual unit in a planned unit development or a townhouse, provided, however, that any condominium project or planned unit development shall conform with the applicable ▇▇▇▇▇▇ Mae requirements regarding such dwellings, and no residence or dwelling is a mobile home or a manufactured dwellinghome. As of the respective appraisal date for each Mortgaged Property, no portion of the Mortgaged Property was being used for commercial purposes. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets ▇▇▇▇▇▇ ▇▇▇ eligibility requirements or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 1 contract

Sources: Seller's Warranties and Servicing Agreement (Mortgage Pass-Through Certificates Series 2003-37a)

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the Mortgage Loan Schedule and consists of a contiguous parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a townhouse, provided, however, that any condominium project or planned unit development shall conform with the applicable ▇▇▇▇▇▇ Mae requirements regarding such dwellings, and no residence or dwelling is a mobile home or a manufactured dwellingcooperative unit. As of the respective appraisal date for each Mortgaged Propertyof the Appraisal, no portion of the Mortgaged Property was being used for commercial purposes. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus minimis planned unit development) such condominium or planned unit development project meets ▇▇▇▇▇▇ ▇▇▇ eligibility requirements or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 1 contract

Sources: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-26)

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the Mortgage Loan Schedule and consists of a contiguous parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a townhouse, provided, however, that any condominium project or planned unit development shall conform with to the applicable ▇▇▇▇▇▇ Mae requirements or ▇▇▇▇▇▇▇ Mac requirements, or the Underwriting Guidelines, regarding such dwellings, and no residence or dwelling is a mobile home home, cooperative unit or a manufactured dwellinghousing. As of the respective appraisal date for each Mortgaged Property, any Mortgaged Property being used for commercial purposes conforms to the Underwriting Guidelines of the Company and, to the best of the Company’s knowledge, since the date of such appraisal, no portion of the Mortgaged Property was being has been used for commercial purposespurposes outside of the Underwriting Guidelines. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ Ma eligibility requirements or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ Mac project approval and the representations and warranties required by ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ Mac with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 1 contract

Sources: Seller's Warranties and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar5)

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the Mortgage Loan Schedule and consists of a parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a townhouse, provided, however, that any condominium project or planned unit development shall conform with the applicable ▇▇▇▇▇▇ Fannie Mae requirements regarding such dwellings, and ▇▇▇ no residence or dwelling is a mobile home or a manufactured dwelling. As of the respective appraisal date for each Mortgaged Property, no portion of the Mortgaged Property was being used for commercial purposes. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets ▇▇▇▇▇▇ ▇▇▇ Fannie Mae eligibility requirements or is located in a condominium locate▇ ▇▇ ▇ ▇▇▇dominium or planned unit development project which has received ▇▇▇▇▇▇ Fannie Mae project approval and the representations and warranties required by ▇▇▇representati▇▇▇ ▇▇d warranties required by Fannie Mae with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 1 contract

Sources: Seller's Warranties and Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-18a)

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the Mortgage Loan Schedule and consists of a contiguous parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a townhouse, provided, however, that any condominium project or planned unit development shall conform with the applicable ▇▇▇▇▇▇ Mae ▇▇▇ requirements regarding such dwellings, and no residence or dwelling is a mobile home or a manufactured dwelling. No Mortgage Loan is secured by a leasehold estate. As of the respective appraisal date for each Mortgaged Property, and to the best of the Company’s knowledge, as of the Closing Date, no portion of the Mortgaged Property was being used for commercial purposes. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets ▇▇▇▇▇▇ ▇▇▇ Mae eligibility requirements or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae ▇▇▇ project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ Mae with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 1 contract

Sources: Servicing Agreement (Greenwich Capital Acceptance Inc)

Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the Mortgage Loan Schedule and consists of a contiguous parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a townhouse, ; provided, however, that any condominium project or planned unit development shall conform with the applicable F▇▇▇▇▇ Mae requirements regarding such dwellings, and no residence or dwelling is a mobile home or a manufactured dwelling. As of the respective appraisal date for each Mortgaged Property, no portion of the Mortgaged Property was being used for commercial purposes. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets F▇▇▇▇▇ M▇▇ eligibility requirements or is located in a condominium or planned unit development project which has received F▇▇▇▇▇ Mae project approval and the representations and warranties required by F▇▇▇▇▇ M▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Mastr Adjustable Rate Mortgages Trust 2001-1)