Community Mortgage definition

Community Mortgage means any mortgage, deed of trust or indemnity deed of trust recorded against or encumbering any Community, and shall include any promissory notes, loan agreements, guaranties and other agreements, instruments and documents relating thereto.
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Community Mortgage means any mortgage or deed of trust secured by the Community.
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Examples of Community Mortgage in a sentence

  • Jones EVP & CFO Joined Busey in June 2022 to lead the Consumer, Community, Mortgage and Digital Banking teams.

  • Note 2 -- Acquisition of Valley Community Bancorp Effective November 30, 1998, Columbia completed its acquisition of Valley Community Bancorp and its wholly-owned subsidiaries, VCB and Valley Community Mortgage Services, Inc., headquartered in McMinnville, Oregon.

  • Neither Valley Community Mortgage Services, an Oregon corporation wholly owned by VCB, nor Valley Community Financial Services, an Oregon corporation wholly owned by the Bank, are engaged in any business activity of any kind.

  • Guarantor is furnishing its guaranty of the Guaranteed Obligations (as hereinafter defined) in order to induce Purchaser (as hereinafter defined) to purchase certain Eligible Mortgage Loans under the Master Repurchase Agreement (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Master Repurchase Agreement”), dated as of August 20, 2013, among Home Community Mortgage LLC (“Seller”) and Barclays Bank PLC (“Purchaser” and “Agent”).

  • As further discussed in Note 2, Columbia acquired Valley Community Bancorp and its subsidiaries, Valley Community Bank ("VCB"), and Valley Community Mortgage Services, Inc., in November 1998.

  • CONFLICT OF INTEREST GUIDELINES It is the policy of United Community Mortgage Corp.

  • In January, the Company formed a mortgage banking company — Home Community Mortgage — in partnership with its preferred mortgage lender, Nationstar Mortgage LLC, that is expected to begin offering mortgage banking services to the Company’s homebuyers in the latter part of the year.•The Company’s net loss improved by $21.1 million, or 88%, to $3.0 million, compared to a net loss of $24.1 million in the second quarter of 2012.

  • United Community Mortgage Corporation Date: October 13, 2011 By /s/Xxxxxxx X.

  • The following entities comprise the direct and indirect subsidiaries of the Company: Community Bank of the Chesapeake Tri-County Capital Trust (a Delaware entity) Tri-County Capital Trust II (a Delaware entity) Community Mortgage Corporation of Tri-County (subsidiary of Community Bank of the Chesapeake) The state of or jurisdiction of incorporation or organization (unless otherwise noted) is Maryland.

  • United Community Mortgage Corporation Date: June 9, 2011 By /s/ Xxxxxxx X.

Related to Community Mortgage

  • Facility Mortgage As defined in Section 13.1.

  • Primary Mortgage Insurance Insurance obtained from a Primary Mortgage Insurer which insures the holder of a Mortgage Note against loss in the event the related Borrower defaults under such Mortgage Note or the related Security Instrument, including all riders and endorsements thereto.

  • Facility Mortgagee means the holder of any Facility Mortgage.

  • Community property means that property of a husband and wife

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • FHA Mortgage Insurance means, mortgage insurance authorized under the National Housing Act, as amended from time to time, and provided by the FHA.

  • Residential real estate means any real property located in this state, upon which is constructed or intended to be constructed a dwelling;

  • REAL ESTATE MORTGAGE INVESTMENT CONDUIT (A "REMIC") AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). [FOR SUBORDINATE CERTIFICATES][THIS CERTIFICATE IS SUBORDINATE TO ONE OR MORE CLASSES OF CERTIFICATES OF THE SAME SERIES AS AND TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.] [FOR PRINCIPAL BALANCE CERTIFICATES][THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE.] [FOR CLASS X-1 AND CLASS X-2 CERTIFICATES][THE OUTSTANDING CERTIFICATE NOTIONAL AMOUNT HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE. THIS CERTIFICATE DOES NOT HAVE A CERTIFICATE PRINCIPAL BALANCE AND WILL NOT ENTITLE THE HOLDER HEREOF TO DISTRIBUTIONS OF PRINCIPAL.] [FOR REGULATION S GLOBAL CERTIFICATES][PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE LATER OF (A) THE CLOSING DATE AND (B) THE COMMENCEMENT OF THE INITIAL OFFERING OF THE CERTIFICATES IN RELIANCE ON REGULATION S, THIS CERTIFICATE MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT OF 1933, AS AMENDED. NO BENEFICIAL OWNERS OF THIS CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENT OF PRINCIPAL OR INTEREST HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.]

  • Mortgage Instruments means such title reports, title insurance, opinions of counsel, surveys, appraisals and environmental reports as are requested by, and in form and substance reasonably acceptable to, the Administrative Agent from time to time.

  • Fee Mortgage Any mortgage, pledge agreement, security agreement, assignment of leases and rents, fixture filing or similar document creating or evidencing a lien on Landlord’s interest in the Leased Property or any portion thereof (or an indirect interest therein, including without limitation, a lien on direct or indirect interests in Landlord) in accordance with the provisions of Article XXXI hereof.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • Mortgage shall have the meaning assigned to such term in the recitals.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Commercial real estate means real estate or an interest in real estate that is not any of the following:

  • Real estate sign means a temporary non-illuminated sign installed, erected or displayed on a property for the notification that a building, premises or portion thereof is offered for sale, rent or lease;

  • Community association means an association in which membership is a condition of ownership or shareholder interest of a unit in a condominium, cooperative, townhouse, villa, or other residential unit that is part of a residential development plan as a master association or common interest community and that is authorized to impose an assessment and other costs that may become a lien on the unit or lot.