Title and Encumbrances. Seller has good title to, and is the sole owner of, the Mortgage Loan. The sale and assignment of the Mortgage Loan contemplated by this Agreement validly transfers the Mortgage Loan to Buyer free and clear of any Lien or any other encumbrance.
Appears in 2 contracts
Sources: Master Repurchase Agreement, Master Repurchase Agreement (Redfin CORP)
Title and Encumbrances. Seller has Sellers have good title to, and is are the sole owner owners of, the Mortgage Loan. The sale and assignment of the Mortgage Loan contemplated by this Agreement validly transfers the Mortgage Loan to Buyer free and clear of any Lien or any other encumbrance.
Appears in 1 contract