Mortgagee definition

Mortgagee. The mortgagee or beneficiary named in the Mortgage and the successors and assigns of such mortgagee or beneficiary.

Mortgagee means the mortgagee, grantee or beneficiary under any Mortgage, any holder of legal title to any portion of any Mortgage Loan or, if applicable, any agent or servicer on behalf of such party.

Mortgagee means the holder of a Mortgage.

Examples of Mortgagee in a sentence

• However, under no circumstances shall such Designated Mortgagee ever have liability for matters arising either prior to, or subsequent to, its actual period of ownership of the Property, or a portion thereof, acquired through foreclosure (or deed in lieu of foreclosure).

• If the Designated Mortgagee, and/or any of its affiliates and their respective successors and assigns, undertakes development activity, the Designated Mortgagee shall be bound by the terms of this Agreement.

• Any Designated Mortgagee shall have the right, but not the obligation, to cure any default in accordance with the provisions of Article VII.

• At such time as a full release of any such lien is filed in the Official Property Records of Fort Bend County, Texas, and the Developer gives notice of the release to the City as provided herein, all rights and obligations of the City, with respect to the Designated Mortgagee under this Agreement, shall terminate.

• Whenever consent is required to amend a particular provision of this Agreement or to terminate this Agreement, the City and the Developer agree that this Agreement may not be so amended or terminated without the consent of such Designated Mortgagee; provided, however, consent of a Designated Mortgagee shall only be required to the extent the lands mortgaged to such Designated Mortgagee would be affected by such amendment or termination.

More Definitions of Mortgagee

Mortgagee shall include any purchaser at a foreclosure sale). Lessee's occupancy shall not be disturbed by Mortgagee during the term of this Lease or any extensions or renewals thereof. As indicated in Lease Article X, when Mortgagee is substituted as the Lessee's Lessor, Mortgagee is subject to the obligation of the Lease including any amendments to the Lease. It is the intention of the parties hereto to incorporate the Lease into this Agreement by reference with the same force and effect as if set forth fully verbatim herein.

Mortgagee means the holder of any Mortgage.

Mortgagee means, with respect to any Mortgage as of any date of determination, the mortgagee named therein as of such date.

Mortgagee means the record holder of a Mortgage Note secured by a Mortgage.

Mortgagee means the record holder of a Note secured by a Mortgage.

Mortgagee. Any holder of a mortgage, deed of trust or other security instrument encumbering the Property.

Mortgagee means a mortgagee, as defined in the Control Act, of the Burswood Casino Licence, the Site or the rights and benefits of the Trustee under this Agreement, as the case may be;