Proceeds of Foreclosure. The proceeds of any sale held by the Lender or any receiver or public officer in foreclosure of the liens and security interests under this Mortgage shall be applied: SECOND, the remainder, if any there shall be, shall be paid to the Borrower, or to such other persons as may be entitled to the remainder by law.
Appears in 3 contracts
Samples: Regulatory Agreement, Seller Loan, Capital Funds Loan
