Common use of No Construction Loans; Reverse Mortgage Loans; Home Equity Lines of Credit Clause in Contracts

No Construction Loans; Reverse Mortgage Loans; Home Equity Lines of Credit. No Mortgage Loan (i) was made in connection with the construction or rehabilitation of a Mortgaged Property where construction loan proceeds are still being disbursed, (ii) is a reverse mortgage loan or (iii) is a home equity line of credit.