Notice to Mortgagor definition

Notice to Mortgagor means a notice, substantially in the form of Exhibit N hereto, which the Buyer may instruct the Custodian to send to each borrower of a Purchased Asset subject to a Transaction after the occurrence and continuance of an Event of Default.

Examples of Notice to Mortgagor in a sentence

  • Within ninety (90) days from the date of the Final Approval, IHCDA will send to each Mortgagor a Notice to Mortgagor of Maximum Recapture Tax and of Method to Compute Recapture Tax on Disposition of Home.

  • We) have read this Notice to Mortgagor, and I (We) have received a signed copy of this Notice for my (our) records.Buyer signature......

  • In furtherance of such intent, Mortgagor agrees that Mortgagee may at any time by notice (an "Allocation Notice") to Mortgagor allocate a portion (the "Allocated Indebtedness") of the Secured Obligations to the Mortgaged Property and sever from the remaining Secured Obligations the Allocated Indebtedness.

  • EnzMet for Versatile, Highly Sensitive Light and Electron Microscopy Staining.

  • The Act contains a Notice to Mortgagor and a mortgagor Hardship Declaration (collectively, “Hardship Declaration”; Exh.

  • The Lender hereby further certifies that the Mortgagor was provided a completed "Notice to Mortgagor of Information Regarding Potential Recapture Tax" (the "Subsidy Notice") and that the Mortgagor executed such Subsidy Notice and an original copy of such Subsidy Notice is part of the Loan Package.

  • An IS developed for the City Information Office (CIO) designed to cater the general public’s needs or complaints. The system generates reports and track complaints of Davao City resident’s concerns. The system will capture public complaints through text messages, emails or calls. The Team during the system’s maintenance phase received requests of enhancement from users. All requests were already tested and deployed.

  • The Mortgagor has been informed pursuant to Mortgage Loan Exhibit C-I-3 attached hereto of the potential liability for “recapture tax” for federal income tax purposes and acknowledges that the Mortgagor(s) has (have) received, read and executed a duplicate copy of the foregoing Notice to Mortgagor of Information Regarding Potential Recapture Tax.

  • On or prior to the Mortgage Loan closing date, each Mortgagor shall execute and return to the Participant the Notice to Mortgagor of Maximum Recapture Tax and Method to Compute Recapture Tax on Sale of Home as set forth in Exhibit D-2 hereto.

  • The Participant shall provide to each Mortgagor at the time of the Mortgagor’s application for a Mortgage Loan, the Recapture Notice to Mortgagor as set forth in Exhibit D-1 hereto.

Related to Notice to Mortgagor

  • Leasehold Mortgage means a mortgage, a deed of trust, a deed to secure debt, or other security instrument by which the Leasehold is mortgaged, conveyed, assigned, or otherwise transferred to secure a debt or other obligation.

  • Jumbo Mortgage Loan is a collective reference to Jumbo Mortgage Loans (Standard Limit) and Jumbo Mortgage Loans (Specialty).

  • Leasehold Mortgagee means the holder of a Leasehold Mortgage.

  • Mortgagor The obligor on a Mortgage Note.

  • No Mortgage Loan has: (1) an outstanding principal balance less than $_____; (2) an origination date earlier than __ months prior to the related Cut-off Date; (3) a FICO Score of less than ___; or (4) a debt-to-income ratio of more than ___%. Each Mortgage Loan has a Mortgage Interest Rate of at least ___% per annum and an outstanding principal balance of less than $______. Each Adjustable Rate Mortgage Loan has an Index of [______]. EXHIBIT C TO ASSIGNMENT AND CONVEYANCE AGREEMENT UNDERWRITING GUIDELINES Exhibit H EXHIBIT H UNDERWRITING GUIDELINES Exhibit I EXHIBIT I FORM OF ASSIGNMENT AND RECOGNITION AGREEMENT THIS ASSIGNMENT AND RECOGNITION AGREEMENT, dated [____________ __, 20__] ("Agreement"), among Morgan Stanley Mortgage Capital Inc. ("Assignor"), [____________________] ("Xsxxxxxx") and [SELLER] (the "Company"): For and in consideration of the sum of TEN DOLLARS ($10.00) and other valuable consideration the receipt and sufficiency of which hereby are acknowledged, and of the mutual covenants herein contained, the parties hereto hereby agree as follows:

  • Major Tenant means a tenant of a Loan Party under a lease of Property which entitles it to occupy 15,000 square feet or more of the net rentable area of such Property.

  • Eligible Mortgagee means the holder of a security interest on a unit that has filed with the secretary of the association a written request that it be given copies of notices of any action by the association that requires the consent of mortgagees.

  • Conforming Mortgage Loan means a first lien Mortgage Loan originated in accordance with the criteria of an Agency for purchase of Mortgage Loans, including, without limitation, conventional Mortgage Loans, FHA Loans and VA Loans, as determined by Buyer in its sole discretion.

  • Major Tenants has the meaning ascribed to such term in Section 7.2.

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

  • Ground Lessor means each lessor that has executed a Ground Lease (collectively, the “Ground Lessors”).

  • REO Mortgage Loan Any Mortgage Loan which is not a Liquidated Loan and as to which the indebtedness evidenced by the related Mortgage Note is discharged and the related Mortgaged Property is held as part of the Trust Estate.

  • Estoppel Certificate As defined in Section 23.1(a).

  • Blanket Mortgage The mortgage or mortgages encumbering a Cooperative Property.

  • First Mortgagee means the holder of any First Mortgage.

  • Non-MERS Mortgage Loan Any Mortgage Loan other than a MERS Mortgage Loan.

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • MERS Mortgage Loan Any Mortgage Loan registered with MERS on the MERS System.

  • Anchor Tenant means the primary customer occupying a site.

  • Performing Mortgage Loan Any Mortgage Loan or Serviced Pari Passu Companion Loan that is not a Specially Serviced Mortgage Loan.

  • Type 1 Mortgage Loan Any of the Mortgage Loans identified in Exhibit F-1 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, serviced under the WFHM Servicing Agreement and having a Mid-Month Receipt Period with respect to all types of Unscheduled Principal Receipts.

  • Facility Mortgagee means the holder of any Facility Mortgage.

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • Mortgagor's Name Address: Loan No.: Reason for requesting file:

  • Record of survey map means a map of a survey of land prepared in accordance with Section 10-9a-603, 17-23-17, 17-27a-603, or 57-8-13.

  • FHA Approved Mortgagee A corporation or institution approved as a mortgagee by the FHA under the Act, and applicable HUD regulations, and eligible to own and service mortgage loans such as the FHA mortgage loans.