Cross Mortgage definition
Cross Mortgage means the “Mortgage” under and as defined in the Cross Loan Agreement.
Blanket Mortgage The mortgage or mortgages encumbering a Cooperative Property.
Mortgage shall have the meaning assigned to such term in the recitals.
Split Mortgage Loan Any Mortgage Loan that is part of a Loan Combination. The only Split Mortgage Loans that are assets of the Trust as of the Closing Date are those that have the respective loan numbers (as set forth on the Mortgage Loan Schedule) listed on the Loan Combination Table under the column heading “Loan No. for related Mortgage Loan.”
First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.
Reverse mortgage means a nonrecourse loan under which both of the following apply: