Persons entitled
- Residential Mortgage Securities 4 PLC
Amount secured
All monies due or to become due from the company to the chargee equal to the aggregate of the amounts paid by the chargee to the company for the invalid mortgage loans (as defined) and all accrued interest therein from the original closing date to the payment verification date subject to such amounts not exceeding the collateral amount (as defined). These obligations are payable only from the collateral amount held in the escrow account
Short particulars
All of the company's right title and interest in and to the escrow account and all monies being the collateral amount contained thereon. See the mortgage charge document for full details.