Mortgagee definition

Mortgagee. The mortgagee or beneficiary named in the Mortgage and the successors and assigns of such mortgagee or beneficiary.

Mortgagee means the mortgagee, grantee or beneficiary under any Mortgage, any holder of legal title to any portion of any Mortgage Loan or, if applicable, any agent or servicer on behalf of such party.

Mortgagee means the record holder of a Mortgage Note secured by a Mortgage.

Examples of Mortgagee in a sentence

• A copy of each insurance policy and of all endorsements thereon shall be furnished by the Association to each Mortgagee included in the Mortgagee roster upon the request of such Mortgagee.

• A Mortgagee shall be stricken from the roster upon receipt by the Association of such a request from the Mortgagee or of a copy of a recorded release or satisfaction of the Mortgage.

• The Association is hereby irrevocably appointed agent for each Unit Owner, Mortgagee, and holder of any other lien upon a Unit and for each owner of any other interest in the Property to adjust all claims arising under insurance policies purchased by the Association, and to execute and deliver releases upon the payment of claims.

• Such Mortgagee shall be entitled but shall not be obligated to cure the default of the Unit Owner.

• No Mortgagee shall have any right to participate in the determination as to whether the damaged Property shall be reconstructed or repaired.

More Definitions of Mortgagee

Mortgagee shall include any purchaser at a foreclosure sale). Lessee's occupancy shall not be disturbed by Mortgagee during the term of this Lease or any extensions or renewals thereof. As indicated in Lease Article X, when Mortgagee is substituted as the Lessee's Lessor, Mortgagee is subject to the obligation of the Lease including any amendments to the Lease. It is the intention of the parties hereto to incorporate the Lease into this Agreement by reference with the same force and effect as if set forth fully verbatim herein.

Mortgagee means the holder of a Mortgage.

Mortgagee means, with respect to any Mortgage as of any date of determination, the mortgagee named therein as of such date.

Mortgagee. Any holder of a mortgage, deed of trust or other security instrument encumbering the Property.

Mortgagee means a mortgagee, as defined in the Control Act, of the Burswood Casino Licence, the Site or the rights and benefits of the Trustee under this Agreement, as the case may be;

Mortgagee. The secured party to which a Security Instrument initially grants a lien on the related Mortgaged Property.

Mortgagee means the holder of any Mortgage.