Examples of Modification Effective Date in a sentence
That, as of the Modification Effective Date, if any provision in the Note or in any addendum or amendment to the Note allowed for the assessment of a penalty for full or partial prepayment of the Note, such provision is null and void.
That, as of the Modification Effective Date, notwithstanding any other provision of the Loan Documents, if all or any part of the Property or any interest in it is sold or transferred without Xxxxxx’s prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by the Mortgage.
As of the Modification Effective Date: The modified principal balance of my Note may include amounts and arrearages that will be past due as of the Modification Effective Date (including unpaid and deferred interest, collectively, “Unpaid Amounts”) less any amounts paid to the Lender but not previously credited to my Loan.
That, as of the Modification Effective Date, I understand that Xxxxxx will only allow the transfer and assumption of the Loan, including this Agreement, to a transferee of my property as permitted under the Xxxx St. Xxxxxxx Act, 12 U.S.C. Section 1701j-3.
That, as of the Modification Effective Date, I understand that the Lender will only allow the transfer and assumption of the Loan, including this Agreement, to a transferee of my property as permitted under the Xxxx St. Xxxxxxx Act, 12 U.S.C. Section 1701j-3.