Examples of Collateral Assignment of Mortgage in a sentence
The Collateral Assignment of Mortgage and related Collateral Assignment of Assignment of Leases, if any, or assignment of any other agreement executed in connection with such Mortgage Loan constitutes the legal, valid and binding assignment of such Mortgage from Borrower to or for the benefit of Agent, and validly grants a security interest in such Mortgage Loan to or for the benefit of Agent free and clear of any other pledge, lien, encumbrance or security interest.
Notwithstanding the reference in any existing recorded or unrecorded Collateral Assignment of Mortgage made by Borrower to Lender indicating that such Collateral Assignment is security for the Note in the principal amount of up to $5,000,000.00 or any other amount, each and every such existing Collateral Assignment shall be deemed to be, and hereby is, re-assigned to Lender to constitute security for the Consolidated Loan of up to $7,000,000.00.
The Collateral Assignment of Mortgage Loan Documents, duly executed by Borrower.
Although, on July 21, 2014, Joseph DiGerlando (Assignor) executed a Collateral Assignment of Mortgage (the “Assignment”) to USAmeriBank (Assignee), Paragraph 13 of the Assignment states “...Assignor will be authorized to prosecute any foreclosure action to foreclose the Mortgage and Loan Documents...”.
With respect to each Mortgage Loan, the Borrower shall have executed and delivered to the Lender a Collateral Assignment of Mortgage.
That certain Collateral Assignment of Mortgage and Security Agreement, Assignment of Rents, Leases, Profits and Contracts, Cross Default and Cross Collateral Agreements, and Intercreditor and Subordination Agreement of even date hereof by and between Sun Financial LLC, a Michigan limited liability company, as assignor, and Citibank, N.A., as assignee, encumbering the property known as East Fork Crossing located in Batavia, Ohio, as further described therein.
Collateral Assignment of Mortgage and Assignment from Chase Manhattan Trust Company, National Association and Xxxxxx-Xxxxx County Port Authority to The Fifth Third Bank of Northwestern Ohio, National Association, filed for record November 12, 1998 in Volume 1675, Page 124, of the Xxxxxxx County Records.
The Note and Borrower's obligations hereunder and under all other Loan Documents shall be secured by (a) liens upon the Mortgage Loan pursuant to the Collateral Assignment of Mortgage, (b) liens upon the REO Properties pursuant to the REO Mortgages and (c) all other security interests and Liens granted in this Agreement and in the other Loan Documents.
Notwithstanding the reference in any existing recorded or unrecorded Collateral Assignment of Mortgage made by Borrower to Lender indicating that such Collateral Assignment is security for the Note in the principal amount of up to $5,000,000.00, $7,000,000.00 or any other amount, each and every such existing Collateral Assignment shall be deemed to be, and hereby is, re-assigned to Lender to constitute security for the Consolidated Loan of up to $7,700,000.00.
The Massachusetts Sanitary CodeSpecifies that the owner of a dwelling containing two or more dwelling units is responsible for maintaining it and its premises free of pests and is responsible for exterminating pests (Massachusetts Department of Public Health 105 CMR 410.550).