Common use of Request for Notice of Default Clause in Contracts

Request for Notice of Default. Any time an Owner enters into a new mortgage loan, including junior mortgage loans and equity lines of credit, the Owner shall cause to be recorded against the Home a request for notice of default, providing for notice of default under such loan to be delivered to the City.

Appears in 4 contracts

Samples: 'S Occupancy and Resale Restriction Agreement, 'S Occupancy and Resale Restriction Agreement, 'S Occupancy and Resale Restriction Agreement

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Request for Notice of Default. Any time an Owner enters into a new mortgage loan, including junior mortgage loans and equity lines of credit, the Owner shall cause to be recorded against the Home Premises a request for notice of default, providing for notice of default under such loan to be delivered to the CityAuthority.

Appears in 1 contract

Samples: Resale and Refinancing Restriction Agreement

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