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Mortgage Record Definition Law Insider

Details: Servicer Mortgage File means copies of the mortgage documents listed in the definition of “Mortgage File” relating to a Mortgage Loan and shall also include, to the extent required to be (and actually) delivered to the applicable Seller pursuant to the applicable Mortgage Loan documents, copies of the following items: the Mortgage Note, any Mortgage, the Assignment of Leases and the

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Mortgage Value Definition Law Insider

Details: Define Mortgage Value. means, with respect to any parcel of Eligible Real Property, the lesser of (a) the maximum stated amount secured by the Lien on such parcel of Eligible Real Property granted in favor of the applicable secured mortgagee pursuant to the relevant Mortgage and (b) the value of such parcel of Eligible Real Property set forth in the Final Appraisal delivered with respect thereto.

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Mortgage Loan constitutes a Definition Law Insider

Details: Mortgage Loan constitutes a qualified mortgage" within the meaning of Section 860G(a)(3) of the Internal Revenue Code of 1986, as amended (the "Code"). For this purpose, Section 860G(a)(3) of the Code shall be applied without regard to the rule contained in Treasury Regulations Section 1.860G-2(f)(2) which treats a defective mortgage loan as a "qualified mortgage" under certain circumstances.

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A Serviced Mortgage Loan Definition Law Insider

Details: Excluded Mortgage Loan A Mortgage Loan or Loan Combination with respect to which, as of any date of determination, the Controlling Class Representative or a Controlling Class Certificateholder (or Controlling Class Certificateholders in the aggregate) of more than 50% of the Controlling Class (by Certificate Balance) is a Borrower Party (or are Borrower Parties, as applicable).

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New York Mortgage Sample Clauses Law Insider

Details: Mortgage Insurance Except as indicated for pledged asset loans, if a Mortgage Loan has an LTV greater than 80%, the Mortgage Loan has mortgage insurance in accordance with the terms of the Fannie Mae Guide or the Freddie Mac Guide and is insured as to payment defaults by a Primary Mortgage Insurance Policy issued by a Qualified Insurer. All

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Mortgage Loan Schedule Definition: 10k Samples Law …

Details: Based on 608 documents. 608. Mortgage Loan Schedule means the schedule in the form attached hereto as Exhibit A, which schedule sets forth certain information regarding the Mortgage Loan and the Notes. Sample 1. Sample 2. Sample 3. Based on 592 documents. 592. Mortgage Loan Schedule.

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Trustee Mortgage Files Definition: 217 Samples Law Insider

Details: Servicer Mortgage File means copies of the mortgage documents listed in the definition of “Mortgage File” relating to a Mortgage Loan and shall also include, to the extent required to be (and actually) delivered to the applicable Seller pursuant to the applicable Mortgage Loan documents, copies of the following items: the Mortgage Note, any Mortgage, the Assignment of Leases and the

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New York Mortgage Trust Inc Sample Contracts Law Insider

Details: View New York Mortgage Trust Inc contracts and agreements from SEC filings. Including company executives, business partners, clauses and more.

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1155 Avenue of the Americas Non-Trust Mortgage Loans

Details: Mortgage servicer means the mortgagee or a person other than the mortgagee to whom a mortgagor or the mortgagor’s successor in interest is instructed by the mortgagee to send payments on a loan secured by the mortgage. A person transmitting a payoff statement for a mortgage is the mortgage servicer for purposes of such mortgage.

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101 Avenue of the Americas Loan Definition Law Insider

Details: Notwithstanding the foregoing, in accordance with the terms of the related Intercreditor Agreement, the Companion Holder(s) related to the AmericasMart Loan, the 101 Avenue of the Americas Loan and the U-Haul Portfolio Loan shall have the right to appoint, approve and/or remove the Special Servicer with respect to the related Mortgage Loan, and the Controlling Class shall not have the right to

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Nonsubserviced Mortgage Loan Definition: 611 Samples Law

Details: Any Mortgage Loan that is not subject to a Servicing Agreement on the date of issuance of a Series of Certificates or thereafter. Sample 1. Sample 2. Based on 3 documents. 3. Nonsubserviced Mortgage Loan. Any Mortgage Loan that, at the time of reference thereto, is …

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Group IV Mortgage Loans Definition Law Insider

Details: Define Group IV Mortgage Loans. Group V Mortgage Loans" and "Group VI Mortgage Loans," respectively), formed by Wells Fargo Asset Securities Corporation (hereinafter called the "Depositor," which term includes any successor entity under the Agreement referred to below). The Trust Estate was created pursuant to a Pooling and Servicing Agreement dated as of June 27, 2007 (the "Agreement") …

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Certain of the Mortgage Loans Definition Law Insider

Details: The Mortgage Loans will be acquired by the Company, on or before the Closing Date (as hereinafter defined), pursuant to (i) in the case of the Chase Manhattan Mortgage Loans, a mortgage loan purchase agreement (the "Chase Manhattan Mortgage Loan Purchase Agreement"), dated as of May 1, 1999, between the Company and Chase Manhattan, and in the

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PURCHASE MONEY NOTE AND MORTGAGE Sample Clauses Law …

Details: Sample 1. Purchase Money Note and Mortgage. Seller agrees to hold a purchase money note and mortgage in the amount of $ 50,000.00. Said purchase money note shall bear interest at 9 Y:z % per annum with monthly payments of interest only until April 1 , 2004, at which time the entire principal balance and any accrued but unpaid interest shall be

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Non-MERS Eligible Mortgage Loan Definition: 541 Samples

Details: Excluded Mortgage Loan A Mortgage Loan or Loan Combination with respect to which, as of any date of determination, the Controlling Class Representative or a Controlling Class Certificateholder (or Controlling Class Certificateholders in the aggregate) of more than 50% of the Controlling Class (by Certificate Balance) is a Borrower Party (or are Borrower Parties, as applicable).

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Mortgage of Shares Definition Law Insider

Details: Mortgage Assets of any Person means assets of such Person consisting of mortgages, mortgage loans, mortgage-related securities, participation certificates, mortgage-backed commercial paper, obligations of real estate mortgage investment conduits and similar assets, in each case to the extent such assets would appear on the balance sheet of such Person in accordance with GAAP as in effect as of

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Indenture of Mortgage Definition Law Insider

Details: Indenture of Mortgage means the registered mortgage deed to be executed by the Issuer for, inter alia, creation of mortgage over the immoveable property of the Issuer and assignment of its rights under the Project Documents in favour of the Security Trustee, in form and substance satisfactory to the Security Trustee. Sample 1. Sample 2.

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Indemnity Mortgage Definition Law Insider

Details: Define Indemnity Mortgage. means the Indemnity Mortgage, Security Agreement and Fixture Filing (L1), dated as of December 19, 2000, between the Facility Lessee, the Owner Lessor and the Lease Indenture Trustee and filed with the Clerk of the Circuit Court for Charles County, Maryland.

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Expense Adjusted Maximum Mortgage Rate Definition: 121

Details: Define Expense Adjusted Maximum Mortgage Rate. With respect to any Mortgage Loan (or the related REO Property) as of any date of determination, a per annum rate of interest equal to the then applicable Maximum Mortgage Rate (or Mortgage Rate, in the case of any fixed-rate Mortgage Loan) for such Mortgage Loan minus the sum of the (i) the Servicing Fee Rate and (ii) the Credit Risk Manager Fee

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