Common use of Change in Payments Due to Initial Repairs Clause in Contracts

Change in Payments Due to Initial Repairs. 2.9.1. If initial repairs after closing, made in accordance with the Repair Rider, are completed without using all of the repair set aside, Lender shall inform Borrower of the completion and the amount then available to the Borrower to be drawn under a line of credit.

Appears in 4 contracts

Samples: Equity Conversion Mortgage Loan Agreement, Loan Agreement, Loan Agreement

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Change in Payments Due to Initial Repairs. 2.9.1. If initial repairs after closing, made in accordance with the Repair Rider, are completed without using all of the repair set aside, Lender Xxxxxx shall inform Borrower of the completion and the amount then available to the Borrower to be drawn under a line of credit.

Appears in 3 contracts

Samples: Equity Conversion Loan Agreement, Loan Agreement, Loan Agreement

Change in Payments Due to Initial Repairs. 2.9.1. If initial repairs after closing, made in accordance with the Repair Rider, are completed without using all of the repair set set-aside, Lender shall inform Borrower of the completion and the amount then available to the Borrower to be drawn under a line of credit.

Appears in 1 contract

Samples: Loan Agreement

Change in Payments Due to Initial Repairs. 2.9.1. If 2.9.1.If initial repairs after closing, made in accordance with the Repair Rider, are completed without using all of the repair set aside, Lender Xxxxxx shall inform Borrower of the completion and the amount then available to the Borrower to be drawn under a line of credit.

Appears in 1 contract

Samples: Conversion Loan Agreement

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Change in Payments Due to Initial Repairs. 2.9.1. If 2.9.1.If initial repairs after closing, made in accordance with the Repair Rider, are completed without using all of the repair set aside, Lender shall inform Borrower of the completion and the amount then available to the Borrower to be drawn under a line of credit.

Appears in 1 contract

Samples: Home Equity Conversion Loan Agreement

Change in Payments Due to Initial Repairs. 2.9.1. If initial repairs after closing, made in accordance with the Repair Rider, are completed without using all of the repair set set-aside, the Lender shall inform the Borrower of the completion and the amount then available to the Borrower to be drawn under a line of credit.

Appears in 1 contract

Samples: Hecm Adjustable Interest Rate Loan Agreement

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