Common use of Lien Status Jeopardized Clause in Contracts

Lien Status Jeopardized. Lender shall have no obligation to make further Loan Advances if the Lender or the Secretary determines that the lien status of the Security Instrument or the Second Security Instrument is jeopardized under State laws as described in Paragraph 12(a) of the Security Instrument or Second Security Instrument and the lien status is not extended in accordance with Paragraph 12(a).

Appears in 5 contracts

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

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Lien Status Jeopardized. Lender shall have no obligation to make further Loan Advances if the Lender or the Secretary determines that the lien status of the Security Instrument or the Second Security Instrument is jeopardized under State laws as described in Paragraph 12(a13(a) of the Security Instrument or Second Security Instrument and the lien status is not extended in accordance with Paragraph 12(a13(a).

Appears in 2 contracts

Samples: Mortgage Loan Agreement, Mortgage Loan Agreement

Lien Status Jeopardized. The Lender shall have no obligation to make further Loan Advances if the Lender or the Secretary determines that the lien status of the Security Instrument or the Second Security Instrument is jeopardized under State laws Laws as described in Paragraph 12(a14(A) of the Security Instrument or Second Security Instrument and the lien status is not extended in accordance with Paragraph 12(a14(A).

Appears in 1 contract

Samples: Hecm Adjustable Interest Rate Loan Agreement

Lien Status Jeopardized. Lender shall have no obligation to make further Loan Advances if the Lender or the Secretary determines that the lien status of the Security Instrument or the Second Security Instrument is jeopardized under State laws as described in Paragraph 12(a13(a) of the Security Instrument or Second Security Instrument and the lien status is not extended in accordance with Paragraph 12(a13(a).

Appears in 1 contract

Samples: Conversion Mortgage Loan Agreement Fixed Interest

Lien Status Jeopardized. The Lender shall have no obligation to make further Loan Advances if the Lender or the Secretary determines that the lien status of the Security Instrument or the Second Security Instrument is jeopardized under State laws Laws as described in Paragraph 12(a14(A) of the Security Instrument or Second Security Instrument and the lien status is not extended in accordance with Paragraph 12(a14(A).

Appears in 1 contract

Samples: Hecm Fixed Interest Rate Loan Agreement

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Lien Status Jeopardized. Lender shall have no obligation to make further Loan Advances if the Lender or the Secretary determines that the lien status of the Security Instrument or the Second Security Instrument is jeopardized under State laws as described in Paragraph 12(a14(A) of the Security Instrument or Second Security Instrument and the lien status is not extended in accordance with Paragraph 12(a14(A).

Appears in 1 contract

Samples: Conversion Mortgage Loan Agreement Fixed Interest Rate

Lien Status Jeopardized. Lender shall have no obligation to make further Loan Advances if the Lender or the Secretary determines that the lien status of the Security Instrument or the Second Security Instrument is jeopardized under State laws as described in Paragraph 12(a14(A) of the Security Instrument or Second Security Instrument and the lien status is not extended in accordance with Paragraph 12(a14(A).

Appears in 1 contract

Samples: Loan Agreement

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