Purchaser Mortgage definition

Purchaser Mortgage the purchase money mortgage or deed of trust given to secure an Instrument.
Purchaser Mortgage means the purchase money mortgage given to secure an Instrument.
Purchaser Mortgage has the meaning provided in Section 17.2.1.

Examples of Purchaser Mortgage in a sentence

  • Licensee shall operate the Facility so as not to cause groundwater contamination in violation of applicable law.

  • Upon or promptly after the Distribution Date, the Parties shall file and record, at the expense of Owner, the Purchaser Mortgage.

  • Despite the seismic threat, Romanian buildings remain vulnerable to collapse (Armaş, 2006; Pavel et al., 2017).

  • Purchaser Mortgage: the purchase money deed of trust given to secure a Note Receivable.

  • The Asset Purchaser will use the net proceeds from the IC Loan, together with the Initial Savings Participation (if any) and any Asset Purchaser Principal Receipts, to pay to the relevant Seller the Initial Purchase Price for the purchase of the Relevant New Mortgage Receivables and Relevant Further Advance Mortgage Receivables pursuant to the Asset Purchaser Mortgage Receivables Purchase Agreement from time to time.

  • The Purchaser has agreed to purchase from the Company and the Company has agreed to sell to the Purchaser Mortgage Loans, as described herein and in the related Confirmations, on a servicing retained basis that shall be delivered in groups of whole loans on various Closing Dates as provided herein.

  • Furthermore, on each Asset Purchaser Accession Date, a new Asset Purchaser will enter into an Asset Purchaser Mortgage Receivables Purchase Agreement with the relevant Seller.

  • UNIT-III : Sale of Immovable Property, Definition of Sale and Contract to Sell, Rights and liabilities of Buyer and Seller, Marshalling by Subsequent Purchaser, Mortgage of Immovable Property, Definition of Mortgage, Kinds of Mortgage, Right of Redemption of Mortgagor and Equity of Redemption, Accession to mortgaged property, Subrogation, Priority, Cessation of Interest, Marshalling and Contribution, Prohibition of Tacking, Charge.

  • But this kind of description is not efficient enough to provide a good understanding of the teaching-learning process.

  • ASSET PURCHASER MORTGAGE RECEIVABLES PURCHASE AGREEMENTS On the Programme Closing Date the Initial Seller and the Initial Asset Purchaser will enter into an Asset Purchaser Mortgage Receivables Purchase Agreement.


More Definitions of Purchaser Mortgage

Purchaser Mortgage the purchase money given to secure a Fee Simple Time-Share Instrument.
Purchaser Mortgage the purchase money mortgage or purchase money deed of trust executed by a Purchaser, encumbering all of the right, title, and interest of each such Purchaser in and to its Fee Simple Time-Share Instrument as security for such Purchaser's obligations under any Instrument.
Purchaser Mortgage has the meaning provided in Section 17.2.1. "Purchaser’s Deadline" has the meaning provided in Section 4.3.2(b).
Purchaser Mortgage an opinion that Lender's interest in the Purchaser Mortgage securing the Fee Simple Time Share Investment as a perfected, direct, first and exclusive lien on the Time-Share Interest encumbered thereby, subject only to the Permitted Encumbrances, issued by a law firm and in form and substance acceptable to Lender.

Related to Purchaser Mortgage

  • Owner Mortgage Loan File A file maintained by the Custodian for each Mortgage Loan that contains the documents specified in Section 2.01(a) and any additional documents required to be added to the Owner Mortgage Loan File pursuant to this Agreement.

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.

  • Class P Mortgage Loan Any of the Class I-P, Class II-P or Class III-P Mortgage Loans.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which any Seller is selling to Buyer simultaneously with the origination thereof and for which the Mortgage Loan Documents have not been delivered to the Custodian.

  • Group 3 Mortgage Loan Each Mortgage Loan listed on Exhibit D-3 hereto.

  • Initial Mortgage Loan A Mortgage Loan conveyed to the Trust Fund on the Closing Date pursuant to this Agreement as identified on the Mortgage Loan Schedule delivered to the Trustee on the Closing Date.

  • Subsequent Mortgage Loan A Mortgage Loan sold by the Depositor to the Trust Fund pursuant to Section 2.08, such Mortgage Loan being identified on the Mortgage Loan Schedule attached to a Subsequent Transfer Instrument.

  • Mortgage shall have the meaning assigned to such term in the recitals.

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Original Mortgage Loan The mortgage loan refinanced in connection with the origination of a Refinancing Mortgage Loan.

  • Group I Mortgage Loan A Mortgage Loan assigned to Loan Group I. All Group I Mortgage Loans have a principal balance at origination that conforms to Xxxxxxx Mac loan limits.

  • Premium Mortgage Loan Any Group 1 Premium Mortgage Loan or Group 2 Premium Mortgage Loan.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • Other Servicer Mortgage Loan Any of the Mortgage Loans, if any, identified in Exhibit F-2 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, which Mortgage Loan is serviced under an Other Servicing Agreement.

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.

  • Group II Mortgage Loan A Mortgage Loan assigned to Loan Group II with a Stated Principal Balance at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac loan limits.

  • 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.

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.

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

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

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

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.