Registered Mortgage definition
Examples of Registered Mortgage in a sentence
Any agreement to make material changes to the Charge will not only apply to those who agree to the changes in writing, but to any Person, such as the Spouse (if any), who signed the Registered Mortgage Form.
The Loan will be secured by Equitable / Registered Mortgage / extension of Mortgage of the Property for which the Loan is scatnioned.
The term “Registered Mortgagee” as used herein shall mean the holder of a Registered Mortgage from time to time.
In the event of any assignment of a Registered Mortgage or in the event of a change of address of a Registered Mortgagee or of an assignee of such Registered Mortgage, notice of the new name and address shall be provided to the other Unit Owner, the Board of Managers and the Ground Lessee.
If a rate of interest is set out on the Registered Mortgage Form, the rate or rates of interest on the Liabilities will nonetheless be the rate or rates specified by the terms of a Credit Agreement and this set of standard charge terms, but if none are specified for any portion of the Liabilities, then the applicable rate of interest for such Liabilities will be that which is set out on the Registered Mortgage Form.