Mortgage in Good Standing. There is no default (or event or occurrence which, with notice or lapse of time or both, if uncured, would constitute a default) under the Mortgage, and all of the following that have become due and payable have been paid:
Appears in 6 contracts
Samples: Financial Institution Agreement, Financial Institution Agreement, Financial Institution Agreement
Mortgage in Good Standing. There is no default (or event or occurrence which, with notice or lapse of time or both, if uncured, would constitute a default) under the Mortgage, and all of the following that have become due and payable have been paidpaid or an escrow of funds sufficient to pay them has been established and funded and is held by the Originator:
Appears in 2 contracts
Samples: Financial Institution Agreement (Federal Home Loan Bank of Chicago), Financial Institution Agreement (Federal Home Loan Bank of Chicago)
