Priority of Adjustable Rate Loans. All terms of the loan documents pertaining to interest rate adjustments, payment adjustments and principal balance adjustments are enforceable and will not affect the priority of the mortgage lien.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Capitol Bancorp LTD), Asset Purchase and Sale Agreement (United Community Banks Inc), Asset Purchase and Sale Agreement (United Community Banks Inc)
Priority of Adjustable Rate Loans. All terms of the loan documents Loan Documents pertaining to interest rate adjustments, payment adjustments and principal balance adjustments are enforceable and will not affect the priority of the mortgage lien.
Appears in 1 contract
Samples: Asset Purchase and Sale Agreement (United Community Banks Inc)
