Common use of Supplemental Financing Clause in Contracts

Supplemental Financing. (a) This Section shall apply only if at the time of any application referred to below, the Federal Home Loan Mortgage Corporation (“Xxxxxxx Xxx”) has in effect a product described in its Multifamily Seller/Servicer Guide under which it purchases supplemental mortgages on multifamily properties that meet specified criteria (a “Supplemental Mortgage Product”).

Appears in 4 contracts

Samples: And Security Agreement (NTS Realty Holdings Lp), Security Agreement (Steadfast Income REIT, Inc.), And Security Agreement (NTS Realty Holdings Lp)

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Supplemental Financing. (a) This Section shall apply only if at the time of any application referred to below, the Federal Home Loan Mortgage Corporation (“Xxxxxxx Fxxxxxx Xxx”) has in effect a product described in its Multifamily Seller/Servicer Guide under which it purchases supplemental mortgages on multifamily properties that meet specified criteria (a “Supplemental Mortgage Product”).

Appears in 1 contract

Samples: And Security Agreement (NTS Realty Holdings Lp)

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