Mortgagor definition
Examples of Mortgagor in a sentence
No fraud, error, omission, misrepresentation, negligence or similar occurrence with respect to an Underlying Mortgage Loan has taken place on the part of any Person, including the Mortgagor, any appraiser, any builder or developer, or any other party involved in the origination of the Underlying Mortgage Loan.
Xxxxxxx, whose address is 0000 Xxxxx Xxxxxx Xxxxxx, Xxxxx- in-the-Hills, Florida 34737 ("Mortgagor"), by Indenture of Mortgage bearing date the day of , 2025, and recorded in the Public Records of Lake County, Florida, in Official Records Book *, Page *, mortgaged unto and assigns ("Mortgagee"), the premises therein particularly described, to secure the payment of the $ , with interest as therein mentioned.
The Mortgagor has not notified Seller, and Seller has no knowledge of any relief requested or allowed to the Mortgagor under the Servicemembers Civil Relief Act of 2003, that is not, in either case, otherwise specified in the Asset Schedule.
With respect to each HELOC, if a Mortgagor requests an increase in the related credit limit, the Seller, shall, in their sole discretion, either accept or reject the Mortgagor’s request in accordance with the Accepted Servicing Practices and notify the Buyer in writing of such decision by Xxxxxx.
Where required by state law or regulation, the Mortgagor has been given the opportunity to choose the carrier of the required mortgage title insurance.