The Mortgagor Sample Clauses

The Mortgagor. The Mortgagor is one or more natural persons and/or an Illinois land trust or a “living trust” and such “living trust” is in compliance with the Underwriting Guidelines;
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The Mortgagor. The Mortgagor is one or more natural persons and/or trustees for an Illinois land trust or a trustee under a "living trust" and such "living trust" is in compliance with Xxxxxx Xxx or Xxxxxxx Mac guidelines;
The Mortgagor. The Mortgagor is one or more natural persons and/or trustees for an Illinois land trust or a trustee under a “living trust” and such “living trust” is in compliance with Fxxxxx Mxx or Fxxxxxx Mac guidelines applicable at the time of origination of the related Mortgage Loan. In the event the Mortgagor is a trustee of a “living trust,” such trustee is a natural person and is an obligor under the Mortgage Note in his or her individual capacity. As of the time of origination, the Mortgagor was and is either a United States citizen or a permanent resident alien who has the right legally to live and work permanently in the United States. Evidence of residency status for a permanent resident alien has been validated by documentation acceptable to Fxxxxx Mae and Fxxxxxx Mac. The Mortgagor was not the subject of a bankruptcy proceeding that was dismissed or discharged in the seven (7) years prior to the origination of the Mortgage Loan. The Mortgagor has not previously owned a property with respect to which a foreclosure sale was completed or with respect to which title was conveyed to the Originator or a deed in lieu of foreclosure was given, in each case for which the Mortgagor was the borrower or owner of record, in the seven (7) years prior to the origination of the related Mortgage Loan;
The Mortgagor. The Mortgagor may not assign or transfer any of its rights or obligations under this Deed.
The Mortgagor. The Mortgagor is one or more natural persons aged sixty-two (62) or older.
The Mortgagor. Except as set forth on Schedule 5-A(h), the Mortgagor is one or more natural persons aged sixty-two (62) or older who is not deceased and (to the extent required under Underwriting Guidelines) is otherwise an eligible borrower under the HUD Handbook. Except as set forth on Schedule 5-A(h), for each Mortgage Loan where the related Xxxxxxxxx was married, both the Mortgagor and the spouse were co-borrowers with respect to the Mortgage Loan and both executed all of the related Mortgage Loan Documents and the Principal Limit on the Mortgage Loan was based on the age of the younger spouse. (i)
The Mortgagor. Company shall not at any time during the continuance of this security make or purport or attempt to create without the consent of the Mortgagee-Corporation in writing first had and obtained, any Mortgage, lien or charge by way of hypothecation, pledge or otherwise howsoever or any other encumbrance of any kind, whatsoever, on the Mortgaged Properties or any part thereof or its other tangible moveable assets.
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The Mortgagor. The Mortgagor may not assign or transfer any of its rights or obligations under this Mortgage without the consent of the Bank.
The Mortgagor. With respect to each Mortgage Loan, each Mortgagor is a natural person or other acceptable form (e.g. land trust), and to the best of the Company’s knowledge, at the time of origination the Mortgagor was legally entitled to reside in the United States;,
The Mortgagor. The Mortgagors shall not assign any of their rights hereunder.
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