Common use of Valid Lien Clause in Contracts

Valid Lien. The Contract has been duly executed and delivered by the Obligor, and the lien created thereby has been duly recorded, or has been delivered to the appropriate governmental authority for recording and will be duly recorded within 180 days, and constitutes a valid and perfected first, second, third or fourth priority lien on the real estate described in such Contract.

Appears in 6 contracts

Sources: Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp)

Valid Lien. The Contract has been duly executed and delivered by the Obligor, and the lien created thereby has been duly recorded, or has been delivered to the appropriate governmental authority for recording and will be duly recorded within 180 days, and constitutes a valid and perfected first, second, second or third or fourth priority lien on the real estate described in such Contract.

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp)

Valid Lien. The Contract has been duly executed and delivered by the Obligor, and the lien created thereby has been duly recorded, or has been delivered to the appropriate governmental authority for recording and will be duly recorded within 180 days, days and constitutes a valid and perfected first, second, third or fourth priority lien on the real estate described in such Contract.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Green Tree Financial Corp)

Valid Lien. The Contract has been duly executed and delivered ---------- by the Obligor, and the lien created thereby has been duly recorded, or has been delivered to the appropriate governmental authority for recording and will be duly recorded within 180 days, and constitutes a valid and perfected first, second, third or fourth priority lien on the real estate described in such Contract.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Green Tree Financial Corp)

Valid Lien. The Each Contract has been duly executed and delivered by the Obligor, and the lien created thereby has been duly recorded, or has been delivered to the appropriate governmental authority for recording and will be duly recorded within 180 days, days and constitutes a valid and perfected first, second, third or fourth priority lien on the real estate described in such Contract.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Green Tree Financial Corp)

Valid Lien. The Contract has been duly executed and delivered by ---------- the Obligor, and the lien created thereby has been duly recorded, or has been delivered to the appropriate governmental authority for recording and will be duly recorded within 180 days, and constitutes a valid and perfected first, second, third or fourth priority lien on the real estate described in such Contract.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Green Tree Financial Corp)