Bond Mortgage means, with respect to each Project, the multifamily deed of trust or mortgage, as applicable, assignment of rents, security agreement and fixture filing delivered on the closing date for the related Bonds, together with all riders and addenda, from the Owner of the Project granting a first priority mortgage and security interest in the Project to secure the repayment of the Bond Mortgage Loan, which Bond Mortgage has been assigned by the Issuer to the Bond Trustee pursuant to the Indenture.
Bond Mortgage means the Multifamily Deed of Trust, Assignment of Rents and Security Agreement dated as of the date of the Indenture, together with all riders and addenda thereto, granting a first priority mortgage and security interest in the Project to the Issuer to secure the repayment of the Bond Mortgage Loan which Bond Mortgage has been assigned by the Issuer to the Trustee, as the same may be amended, supplemented or restated.
Bond Mortgage means the Subordinate Multifamily Deed of Trust, Security Agreement and Fixture Filing, dated of even date with this Indenture, from the Borrower to [Dayna L. Smith] for the benefit of the Trustee and the Issuer, as amended or supplemented from time to time.
Examples of Bond Mortgage in a sentence
The Borrower will have fee simple title to the real property and will have absolute ownership of the personal property comprising the Development, and there are no liens or encumbrances against such property other than the liens contemplated by the Mortgage Loan Documents and the Bond Mortgage.
If the Issuer or the Borrower requests at any time the consent of the Trustee to any proposed amendment, change or modification of the Loan Agreement, the Note, the Regulatory Agreement, or the Bond Mortgage described in (a) or (b) above, upon being indemnified satisfactorily with respect to expenses, the Trustee is to cause notice of the proposed amendment, change or modification to be provided in the manner which is required with respect to notice of Supplemental Indentures.
More Definitions of Bond Mortgage
Bond Mortgage. ' means, with respect to each Project, the multifamily deed of trust or mortgage, as applicable, assignment of rents, security agreement and Ñxture Ñling delivered on the closing date for the related Bonds, together with all riders and addenda, from the Owner of the Project granting a Ñrst priority mortgage and security interest in the Project to secure the repayment of the Bond Mortgage Loan, which Bond Mortgage has been assigned by the Issuer to the Bond Trustee pursuant to the Indenture.
Bond Mortgage means the first priority Security Instrument on each Bond Property securing the obligations of Owner under and with respect to the Related Mortgage Note and the related Mortgage Loan, and "BOND MORTGAGES" means every such Bond Mortgage, collectively.
Bond Mortgage means the Subordinate Multifamily Deed of Trust, Security Agreement and Fixture Filing, dated of even date with this Indenture, from the Borrower to Camilla J. Lindsey for the benefit of the Trustee and the Issuer, and as the same may be amended, supplemented or restated.
Bond Mortgage means, collectively, the First Multifamily Fee Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing (California), and the First Multifamily Leasehold Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing (California), together with, in each use, all riders and addenda thereto, from the City of San Xxxx Financing Authority and the Borrower, respectively, for the benefit of the Issuer, and each assigned in Section 3.4 of the Financing Agreement by the Issuer to the Trustee, with each securing payment of the Bond Mortgage Loan, as each such Bond Mortgage may from time to time be amended, modified or supplemented.
Bond Mortgage means, individually, each Multifamily Deed of Trust, Security Agreement and Fixture Filing, dated of even date with the Indenture, from each Borrower to Dayna L. Smith for the benefit of the Trustee and the Issuer, as amended or supplemented from time to time. “Bond Mortgages” means, collectively, all of such Bond Mortgages.
Bond Mortgage has the meaning given in the Recitals.
Bond Mortgage means the Multifamily Deed of Trust, Assignment of Rents and Security Agreement dated as of the date of the Indenture, together with all riders and addenda thereto, from the Borrower to the Issuer, securing payment of the Bond Mortgage Loan, as such Bond Mortgage may from time to time be amended, modified or supplemented, as such Bond Mortgage has been assigned by the Issuer to the Trustee.