Escrow Payment definition

Escrow Payment. Any payment received by the Master Servicer or the Special Servicer for the account of any Mortgagor for application toward the payment of real estate taxes, assessments, insurance premiums, ground lease rents and similar items in respect of the related Mortgaged Property, including amounts for deposit to any reserve account.

Escrow Payment. Any payment made by any Mortgagor to the Master Servicer pursuant to the related Mortgage, Lock-Box Agreement or Loan Agreement for the account of such Mortgagor for application toward the payment of taxes, insurance premiums, assessments, ground rents, mandated improvements and similar items in respect of the related Mortgaged Property.

Escrow Payment. With respect to any Mortgage Loan, the amounts constituting ground rents, taxes, assessments, water rates, sewer rents, municipal charges, mortgage insurance premiums, fire and hazard insurance premiums, condominium charges, and any other payments required to be escrowed by the Mortgagor with the mortgagee pursuant to the Mortgage or any other document.

Examples of Escrow Payment in a sentence

• Beginning with the first Billing Month of the Refund Period, Buyer will pay Seller the Monthly Escrow Payment in each successive Billing Month.

• The amount retained each month shall be determined in accordance with the following formula: Monthly Escrow Payment ($) = $1,200 x ZRC-month All Monthly Escrow Payments and accumulated interest shall be retained in the Escrow Account until the Early Termination Security Amount is reached (the "Full Funding").

• Business Day after such refusal.2.2.3 One-Time Escrow PaymentIf Seller selects the One-Time Escrow Payment form of payment security as identified in Part I, Seller shall provide a cash payment to Buyer in the amount of the Early Termination Security Amount within thirty (30) days of Start Date.

• Your Loan # CHFA Loan # Original Loan Amount P & I Payment Purchase Loan Amount Escrow Payment Interest Rate Escrow Pymt Breakdown Closing Date County Tax Interest Paid Thru Date City Tax Maturity Date Hazard Insurance Loan Type (1 - Conventional, 2- VA, 3- FHA, 4 Conventional Insured) FHA / VA Case # Other Total Payment Mortgage Ins.

• Initial Escrow Payment at Closing 01 Homeowner’s Insurance per month for mo.

More Definitions of Escrow Payment

Escrow Payment. Any payment received by the Servicer for the account of any Mortgagor for application toward the payment of taxes, insurance premiums, assessments and similar items in respect of the related Mortgaged Property.

Escrow Payment means all payments made by or on behalf of the obligor of a Mortgage Loan in order to obtain or maintain mortgage insurance or guaranty coverage of, and fire and other hazard insurance with respect to, a Mortgage Loan, and any payments required to be made with respect to such Mortgage Loan for taxes, other governmental charges and other similar charges required to be escrowed under the Mortgage.

Escrow Payment means the amounts constituting any of ground-rents, taxes, assessments, water rates, sewer rents, municipal charges, mortgage insurance premiums, fire and hazard insurance premiums, condominium charges, and any other payments required to be escrowed by the Obligor with the Mortgagee pursuant to the Mortgage or any other document.

Escrow Payment shall have the meaning assigned to such term or an analogous term in the Servicing Agreement.

Escrow Payment. Any payment made by any Borrower to the Master Servicer for the account of such Borrower for application toward the payment of taxes, insurance premiums, assessments and similar items in respect of the related Mortgaged Property.

Escrow Payment. Any amounts received by the Servicer or Special Servicer for the account of an Obligor for application toward the payment of taxes, insurance premiums, assessments, ground rents, deferred maintenance, environmental remediation, rehabilitation costs, capital expenditures, lease-up expenses and similar items in respect of the related Mortgaged Property.

Escrow Payment. Any payment made by any Borrower to the Servicer pursuant to the related Mortgage, Cash Collateral Agreement, Lock-Box Agreement or Loan Agreement for the account of such Borrower for application toward the payment of taxes, insurance premiums, assessments and similar items in respect of the related Mortgaged Property.