Common use of NEW MORTGAGE Clause in Contracts

NEW MORTGAGE. You are about to make a loan in the principal amount of $ , which will be secured by a mortgage (referred to as the “new mortgage”) covering the same property as the present mortgage.

Appears in 3 contracts

Samples: Postponement of Mortgage, Subordination of Mortgage, Subordination of Mortgage

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NEW MORTGAGE. You are about to make a loan in the principal amount of $ , which will be secured by a mortgage (referred to as the "new mortgage") covering the same property as the present mortgage.

Appears in 1 contract

Samples: Postponement of Mortgage

NEW MORTGAGE. You are about to make a loan in the principal amount of $ , $153,000.00 & $17,500.00 which will be secured by a mortgage (referred to as the “new mortgageNew Mortgage”) covering the same property as the present mortgagePresent Mortgage.

Appears in 1 contract

Samples: Postponement of Mortgage

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NEW MORTGAGE. You are about to make a loan in the principal amount of $ , ________________ which will be secured by a mortgage (referred to as the "new mortgage") covering the same property as the present mortgage.

Appears in 1 contract

Samples: Postponement of Mortgage

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