Registered Mortgage Form definition

Registered Mortgage Form means, for the non-electronic paper based registration system, the Form 2 Charge/Mortgage of Land under the Land Registration Reform Act that the Borrower signs to give this Charge, and any schedules attached to it, or, for the electronic registration system, the Charge/Mortgage authorized by the Borrower and prepared in electronic format and registered electronically as provided by Part Ill of the Land Registration Reform Act, as the case may be, and includes all schedules and addenda to either such document;
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Registered Mortgage Form means, the form identified by the heading and in form of “Form B” in Schedule A to the Land Title (Transfer Forms) Regulation, B.C. Reg. 53/90, that refers to the filing number of this set of standard mortgage terms, together with all schedules and addenda thereto;
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Registered Mortgage Form means the form of Mortgage, stipulated by Applicable Law, to which these Terms are attached or incorporated by reference.
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Examples of Registered Mortgage Form 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.

  • 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.

  • Any agreement to make material changes to this Mortgage 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.

  • 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 mortgage 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.

  • The Spouse of the Borrower named in the Registered Mortgage Form, by signing the Registered Mortgage Form, consents to the transaction evidenced by the Charge and releases all claim or interest that such Spouse has or may have in the Lands to the extent necessary to give effect to the rights of the Bank under the Charge, and agrees that the Bank may, without further notice, deal with the Lands and the charge created by the Charge as the Bank may see fit.

  • You will pay the Loans and/or the Obligations Secured to us at the address set out in the Registered Mortgage Form showing same or in such other address as may be stated in any Credit Document or as may be otherwise advised to you by us.

  • If a rate of interest is set out on the Registered Mortgage Form, the Interest Rate on the Obligations Secured will nonetheless be the Interest Rate specified by the terms of the applicable Credit Document(s), but if no rate of interest is specified for any portion of the Obligations Secured, then the applicable Interest Rate for such Obligations Secured will be that which is set out on the Registered Mortgage Form.

  • Any agreement to make material changes to the Mortgage 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.

  • Notices required to be given under the Mortgage shall be in writing and may effectively be given by any party to the Mortgage by delivery of such notice to the other party at the address indicated in the Registered Mortgage Form or at such other address as any party may in writing notify the other party or by way of facsimile transmission.

  • The Borrower represents and warrants that the statements as to the Borrower’s marital status made by the Borrower in any marital property affidavit attached to the Registered Mortgage Form are completely truthful and accurate under Part II of the Family Law Act.


More Definitions of Registered Mortgage Form

Registered Mortgage Form means the form of Mortgage under the regulations to The Real Property Act that the Borrower signs to give this Mortgage;
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Registered Mortgage Form means, the Form 15.1 under the Land Titles Act, and includes all schedules and addenda to either such document;
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Registered Mortgage Form means, the mortgage resistered at Land Titles which incorporates and adopts this set of standard mortgage terms, together with all schedules thereto;
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Registered Mortgage Form means, for the non-electronic paper based registration system, the Form 2 Charge/Mortgage of Land under the Land Registration Reform Act that the Borrower signs to give this Charge, and any schedules attached to it, or, for the electronic registration system, the Charge/Mortgage authorized by the Borrower and prepared in electronic format and registered electronically as provided by Part III of the Land Registration Reform Act, as the case may be, and includes all schedules and addenda to either such document;
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Related to Registered Mortgage Form

  • Registered mortgage loan originator means any individual who:

  • Qualified Mortgage Insurer Any mortgage insurer that is Xxxxxx Xxx and Xxxxxxx Mac approved.

  • Covered Mortgage Loan Any Mortgage Loan that is covered by a PMI Policy.

  • Destroyed Mortgage Note A Mortgage Note the original of which was permanently lost or destroyed and has not been replaced.

  • Registered Loan has the meaning set forth in Section 13.1(h) of the Agreement.

  • Streamlined Mortgage Loan A Mortgage Loan originated in connection with the refinance of a mortgage loan pursuant to the related Seller’s streamlined documentation program then in effect.

  • MERS Designated Mortgage Loan Mortgage Loans for which (a) the Seller has designated or will designate MERS as, and has taken or will take such action as is necessary to cause MERS to be, the mortgagee of record, as nominee for the Seller, in accordance with MERS Procedures Manual and (b) the Seller has designated or will designate the Purchaser as the Investor on the MERS System.

  • Converted Mortgage Loan An ARM Loan with respect to which the Borrower has complied with the applicable requirements of the related Mortgage Note to convert the related Mortgage Interest Rate to a fixed rate of interest, and the Servicer has processed such conversion. Co-op Shares: Shares issued by private non-profit housing corporations.

  • Special Serviced Mortgage Loan The Mortgage Loans for which the Special Servicer acts as servicer pursuant to Section 3.19.

  • Qualified Mortgage A Mortgage Loan that is a “qualified mortgage” within the meaning of Code Section 860G(a)(3) (but without regard to the rule of Treasury Regulations Section 1.860G-2(f)(2) that causes a defective Mortgage Loan to be treated as a “qualified mortgage”, or any substantially similar successor provision).

  • Serviced Mortgage Loan A Mortgage Loan that is not an Outside Serviced Mortgage Loan.

  • ARD Mortgage Loan Any Mortgage Loan that is identified as having an Anticipated Repayment Date and a Revised Rate on the Mortgage Loan Schedule.

  • Subserviced Mortgage Loan Any Mortgage Loan that, at the time of reference thereto, is subject to a Subservicing Agreement.

  • Liquidated Mortgage Loan With respect to any Distribution Date, a defaulted Mortgage Loan (including any REO Property) which was liquidated in the calendar month preceding the month of such Distribution Date and as to which the Master Servicer has determined (in accordance with this Agreement) that it has received all amounts it expects to receive in connection with the liquidation of such Mortgage Loan, including the final disposition of an REO Property.

  • Corrected Mortgage Loan Any Mortgage Loan that had been a Specially Serviced Mortgage Loan but has ceased to be such in accordance with the definition of "Specially Serviced Mortgage Loan" (other than by reason of a Liquidation Event occurring in respect of such Mortgage Loan or a related Mortgaged Property becoming an REO Property).

  • Nonsubserviced Mortgage Loan Any Mortgage Loan that, at the time of reference thereto, is not subject to a Subservicing Agreement.

  • Modified Mortgage Loan Any Mortgage Loan that has been the subject of a Servicing Modification.

  • Flood Certificate means a “Standard Flood Hazard Determination Form” of the Federal Emergency Management Agency and any successor Governmental Authority performing a similar function.

  • Deleted Mortgage Loan A Mortgage Loan replaced or to be replaced by a Qualified Substitute Mortgage Loan.

  • Non-Serviced Mortgage Loan means a Mortgage Loan included in the Trust but serviced under another agreement. There are no Non-Serviced Mortgage Loans in the Trust.

  • Special Hazard Mortgage Loan A Liquidated Mortgage Loan as to which a Special Hazard Loss has occurred.

  • 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.

  • Specially Designated Mortgage Loan Documents With respect to any Mortgage Loan, subject to Section 1.04, the following documents on a collective basis:

  • Permitted Mortgage means (a) any purchase money mortgage on such Principal Property prior to, simultaneously with or within 180 days after the later of (1) the acquisition or completion of construction or completion of substantial reconstruction, renovation, remodeling, expansion or improvement (each, a “substantial improvement”) of such Principal Property or (2) the placing in operation of such property after the acquisition or completion of any such construction or substantial improvement; (b) Mortgages on a Principal Property existing at the time of acquisition, including acquisition through merger or consolidation; (c) Mortgages existing on the date of the initial issuance of the Notes, Mortgages on assets of a corporation or other business entity existing on the date it becomes a Restricted Subsidiary or is merged or consolidated with the Company or a Restricted Subsidiary or at the time the corporation or other business entity sells, leases or otherwise disposes of its property as an entirety or substantially as an entirety to the Company or a Restricted Subsidiary or Mortgages on the assets of a Subsidiary that is newly designated as a Restricted Subsidiary if the Mortgage would have been permitted under the provisions of this paragraph if such Mortgage was created while the Subsidiary was a Restricted Subsidiary; (d) Mortgages in favor of the Company or a Restricted Subsidiary; (e) Mortgages for taxes, assessments or governmental charges or levies that are not delinquent or that are being contested in good faith; (f) carriers’, warehousemen’s, materialmen’s, repairmen’s, mechanic’s, landlords’ and other similar Mortgages arising in ordinary course of business that are not delinquent or remain payable without penalty or that are being contested in good faith; (g) Mortgages (other than any Mortgage imposed by the Employee Retirement Income Security Act of 1974) consisting of pledges or deposits required in the ordinary course of business in connection with workers’ compensation, unemployment insurance and other social security legislation; (h) easements, rights-of-way, restrictions, encroachments, imperfections and other similar encumbrances affecting real property that, in the aggregate, are not substantial in amount and do not in any case materially detract from the value of the Principal Property subject thereto or materially interfere with the ordinary conduct of the Company and its Subsidiaries’ business, taken as a whole; (i) Mortgages arising by reason of deposits with, or the giving of any form of security to, any governmental agency or any body created or approved by law or governmental regulation, including any zoning or similar law or right reserved to or vested in any governmental office or agency to control or regulate the use of any real property; (j) Mortgages arising from filing Uniform Commercial Code financing statements relating solely to leases; and (k) Mortgages to secure Indebtedness incurred to extend, renew, refinance or replace Indebtedness secured by any Mortgages referred to above, provided that the principal amount of the extended, renewed, refinanced or replaced Indebtedness does not exceed the principal amount of Indebtedness so extended, renewed, refinanced or replaced, plus transaction costs and fees, and that any such Mortgage applies only to the same property or assets subject to the prior permitted Mortgage (and, in the case of real property, improvements).

  • Retained Mortgage File With respect to each Mortgage Loan, the file consisting of the Mortgage Loan Documents listed as items 6 through 12 of Exhibit C attached hereto. Securities Act: The Securities Act of 1933, as amended.

  • Distressed Mortgage Loan Any Mortgage Loan that at the date of determination is Delinquent in payment for a period of 90 days or more without giving effect to any grace period permitted by the related Mortgage Note or for which the applicable Servicer or the Trustee has accepted a deed in lieu of foreclosure.