Common use of Balloon Mortgage Clause in Contracts

Balloon Mortgage. A balloon mortgage that complies with the requirements of Xxxx-Xxxxx and initially amortized for a term of ____ ☐ Months ☐ Years with the remaining principal balance and accrued interest due in full on _______________________, 20____.

Appears in 2 contracts

Samples: Seller Financing Addendum, Seller Financing Addendum

AutoNDA by SimpleDocs

Balloon Mortgage. A balloon mortgage that complies with the requirements of Xxxx-Xxxxx and initially amortized for a term of ____ ☐ Months ☐ Years with the remaining principal balance and accrued interest due in full on _______________________, 20____20 .

Appears in 1 contract

Samples: Seller Financing Addendum

Balloon Mortgage. A balloon mortgage that complies with the requirements of the Xxxx-Xxxxx legislation and initially amortized for a term of ____ of: (check one) ☐ ☐ Months OR Years with the remaining principal balance and accrued interest due in full on _______________________, 20____.

Appears in 1 contract

Samples: Seller Financing Addendum

Balloon Mortgage. A balloon mortgage that complies with the requirements of the Xxxx-Xxxxx legislation and is initially amortized for a term of ____ of: (check one) [MONTHS] Months ☐ [YEARS] Years with the remaining principal balance and accrued interest due in full on _______________________, 20____.[MM/DD/YYYY].

Appears in 1 contract

Samples: Seller Financing Addendum

AutoNDA by SimpleDocs

Balloon Mortgage. A balloon mortgage that complies with the requirements of Xxxx-Xxxxx and initially amortized for a term of ____ ☐ Months ☐ Years with the remaining principal balance and accrued interest due in full on _______________________, 20____ _.

Appears in 1 contract

Samples: Seller Financing Addendum

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!