Section 8 Housing Assistance Payments Contract. (a) The Mortgaged Property is the subject of the Current HAP Contract. The Borrower conveys, pledges, transfers and grants to Lender a security interest pursuant to the Uniform Commercial Code of the Property Jurisdiction or any other applicable law in and to the HAP Contract Rights.
Appears in 2 contracts
Samples: Multifamily Loan and Security Agreement, Multifamily Loan and Security Agreement
Section 8 Housing Assistance Payments Contract. (a) The Mortgaged Property is the subject of the Current HAP Contract. The Borrower conveys, pledges, transfers transfers, and grants to Funding Lender a security interest pursuant to the Uniform Commercial Code of the Property Jurisdiction or any other applicable law in and to the HAP Contract Rights.
Appears in 1 contract
Samples: Continuing Covenant Agreement
Section 8 Housing Assistance Payments Contract. (a) The Mortgaged Property is the subject of the Current HAP Contract. The Borrower conveys, pledges, transfers and grants to Funding Lender a security interest pursuant to the Uniform Commercial Code of the Property Jurisdiction or any other applicable law in and to the HAP Contract Rights.
Appears in 1 contract
Samples: Continuing Covenant Agreement
Section 8 Housing Assistance Payments Contract. (a) The Mortgaged Property is the subject of the Current HAP Contract. The Borrower conveys, pledges, transfers transfers, and grants to Lender a security interest pursuant to the Uniform Commercial Code of the Property Jurisdiction or any other applicable law in and to the HAP Contract Rights.
Appears in 1 contract
Samples: Loan Agreement