Mortgagors definition
Examples of Mortgagors in a sentence
As part of its servicing duties, the Master Servicer shall pay or cause to be paid to the related Mortgagors interest on funds in Servicing Accounts, to the extent required by law or the terms of the related Mortgage Loan or Companion Loan; provided, however, that in no event shall the Master Servicer be required to remit to any Mortgagor any amounts in excess of actual net investment income or funds in the related Servicing Account.
All such Advances shall be reimbursable in the first instance from related collections from the Mortgagors and further as provided in Section 3.05(a).
The Certificate Registrar shall give prompt written notice to the Certificateholders and the Mortgagors of any change in the location of the Certificate Register or any such office or agency.
The Certificate Registrar shall give prompt written notice to the Certificateholders, the VRR Interest Owners and the Mortgagors of any change in the location of the Certificate Register or any such office or agency.
References to Mortgage Loans (including references to Mortgagors, guarantors, obligors and Mortgaged Properties) in this Section 3.30 shall mean Mortgage Loans (other than any Non-Serviced Mortgage Loans).