Mortgage Security definition

Mortgage Security means a security -- in respect of an underlying pool of related Mortgage Loans -- that provides for payment by the issuer to the holder of specified principal installments and a fixed-interest rate on the unpaid balance, with all prepayments being passed through to the holder, whether issued in certificate or book-entry form.
Mortgage Security means a security, in respect of an underlying pool of related Mortgage Loans, that provides for payment by the issuer to the holder of specified principal installments and a fixed-interest rate on the unpaid balance, with all prepayments being passed through to the holder, and is issued in certificate or book-entry form.
Mortgage Security means any security (including, without limitation, any participation certificate) guaranteed by GNMA or issued by FNMA or FLHMC.

Examples of Mortgage Security in a sentence

  • Any payment made on a Mortgage Security on a Payment Date shall be made to the Holder of record of such Mortgage Security on such Payment Date.

  • The Senior Loan is secured by that certain Fee and Leasehold Mortgage, Security Agreement and Fixture Filing dated December 28, 2018, recorded or to be recorded in the Public Records of Broward County, Florida (the "Senior Mortgage") on a multifamily housing project located in Broward County, Florida (the "Property").

  • For purposes of this Agreement, unless the context otherwise requires, all words used herein which are defined or given scope or meaning in the Loan Agreement or the Combination Mortgage, Security Agreement, And Fixture Financing Statement from the Borrower in favor of the EDA (the “Mortgage”) shall have the same definition, scope or meaning as is given to them in the Loan Agreement or the Mortgage, as the case may be.

  • Leasehold Mortgage, Security Agreement and Assignment of Rents and Leases, dated December 29, 2015 by and between The Menomonie Food Co-op and GWOF Sub CDE 1, LLC.

  • Notary Public My Commission Expires: MORTGAGE SUBORDINATION The undersigned, being the mortgagee of the 176 Grove Lot, hereby consents to the 176 Grove Owner entering into this Reciprocal Easement Agreement and acknowledges that the Construction Mortgage, Security Agreement and Fixture Filing Statement, dated October 18, 2019, and recorded with the Registry in Book 37261, Page 345 is hereby made subject and subordinate to the terms of this Reciprocal Easement Agreement.


More Definitions of Mortgage Security

Mortgage Security. Each Xxxxxx Xxx Guaranteed REMIC Pass-Through Certificate listed on the Mortgage Security Schedule.
Mortgage Security means, in relation to each Mortgage Loan, all charges and securities by way of legal mortgage (and any other collateral security therefor, including, without limitation, any guarantee, any insurance policies in respect of which the interest of the Lenders may be given effect to and any other assignment, assignation, notification or deposit which may be effected in connection with the securing of the relevant Mortgage Loan together with any documentation incidental to the protection of the Lenders and any documents affecting the ability of the Lenders to realise the value of the property charged to it to which the Lenders shall become beneficially entitled); Mortgage Servicer Open Access;
Mortgage Security. Instrument: The HOME funds advanced to the PROJECT will be secured by a note and mortgage as required by 24 CFR 92 during the construction period and remain on the property until the HOME funds are repaid or forgiven in accordance with the HOME Loan Agreement. The CITY agrees that the HOME mortgage shall be subordinate to any private sector construction or permanent loan. Awardee will not borrow against the land without first consulting and getting approval from the DIRECTOR and CITY which approval shall not be unreasonably withheld or delayed.
Mortgage Security means a mortgage, charge or other 20
Mortgage Security means a mortgage, charge or other security referred to in section 4(1) which secures assets that comprise one or more mortgage credits;
Mortgage Security means either a Mortgage-backed Security or a Participation Certificate.
Mortgage Security. “Mortgage-backed Security” “Mortgaged Property” “Mortgagor” “Multifamily Mortgage Loan” “Multifamily PropertySection 1 Section 1 Annex 1, Annex 3 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 “NASD” Section 1 “OTS” Section 1