Common use of Prepayment In Full Clause in Contracts

Prepayment In Full. Lender shall not make Loan Advances if Borrower has paid the Note in full (or the Second Note, if the Secretary has assumed the Lender's rights and obligations under Article 5).

Appears in 4 contracts

Samples: Home Equity Conversion Mortgage Loan Agreement, Home Equity Conversion Mortgage Adjustable Rate Loan Agreement, Home Equity Conversion Loan Agreement

AutoNDA by SimpleDocs

Prepayment In Full. Lender shall not make Loan Advances if Borrower Xxxxxxxx has paid the Note in full (or the Second Note, if the Secretary has assumed the Lender's rights and obligations under Article 5).

Appears in 2 contracts

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

Prepayment In Full. Lender shall not make Loan Advances if Borrower has paid the Note in full (or the Second second Note, if the Secretary has assumed the Lender's rights and obligations under Article 5).

Appears in 1 contract

Samples: Home Equity Conversion Loan Agreement

Prepayment In Full. The Lender shall not make Loan Advances if the Borrower has paid the Note in full (or the Second Note, if the Secretary has assumed the Lender's rights and obligations under Article 5).

Appears in 1 contract

Samples: Hecm Adjustable Interest Rate Loan Agreement

AutoNDA by SimpleDocs

Prepayment In Full. Lender shall not make Loan Advances if Borrower Xxxxxxxx has paid the Note in full (or the Second second Note, if the Secretary has assumed the Lender's rights and obligations under Article 5).

Appears in 1 contract

Samples: Home Equity Conversion Loan Agreement

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