The Mortgagor Sample Clauses

The Mortgagor. The Mortgagor is one or more natural persons and/or an Illinois land trust or a “living trust” and such “living trust” is in compliance with the Underwriting Guidelines;

The Mortgagor. The Mortgagor is one or more natural persons and/or an Illinois land trust or a "living trust" and such "living trust" is in compliance with Xxxxxx Mae or Xxxxxxx Mac guidelines. In the event the Mortgagor is a trust, the trustee of such trust is a natural person and is an obligor under the Mortgage Note in his or her individual capacity;

The Mortgagor. The Mortgagor is one or more natural persons and/or trustees for an Illinois land trust or a trustee under a “living trust” and such “living trust” is in compliance with Xxxxxx Xxx or Freddie Mac Guide and the related Underwriting Guidelines applicable at the time of origination of the related Mortgage Loan. In the event the Mortgagor is a trustee of a “living trust,” such trustee is a natural person and is an obligor under the Mortgage Note in his or her individual capacity. As of the time of origination, the Mortgagor was legally entitled to reside in the United States. Evidence of residency status for a the Mortgagor has been validated in accordance with the Underwriting Guidelines. The Mortgagor was not the subject of a bankruptcy proceeding that was dismissed or discharged in the seven (7) years (or such other time period required pursuant to the Underwriting Guidelines) prior to the origination of the Mortgage Loan. The Mortgagor has not previously owned a property with respect to which a foreclosure sale was completed or with respect to which title was conveyed to the originator or a deed in lieu of foreclosure was given, in each case for which the Mortgagor was the borrower or owner of record, in the seven (7) years (or such other time period required pursuant to the Underwriting Guidelines) prior to the origination of the related Mortgage Loan.

The Mortgagor. The Mortgagor may not assign or transfer any of its rights or obligations under this Deed.

The Mortgagor. The Mortgagor is a natural person, a trustee for an Illinois land trust or a trustee under a “living trust,” and such “living trust” is in compliance with Xxxxxx Xxx or Xxxxxxx Mac guidelines. In the event the Mortgagor is a trust, the trustee of such trust is a natural person and is an obligor under the Mortgage Note in his or her individual capacity.

The Mortgagor. The Mortgagor is one (1) or more natural persons aged sixty-two (62) or older.

The Mortgagor. Except as set forth on Schedule 5-A(h), the Mortgagor is one or more natural persons aged sixty-two (62) or older who is not deceased and (to the extent required under Underwriting Guidelines) is otherwise an eligible borrower under the HUD Handbook. Except as set forth on Schedule 5-A(h), for each Mortgage Loan where the related Xxxxxxxxx was married, both the Mortgagor and the spouse were co-borrowers with respect to the Mortgage Loan and both executed all of the related Mortgage Loan Documents and the Principal Limit on the Mortgage Loan was based on the age of the younger spouse.

The Mortgagor. The Mortgagor may not assign or transfer any of its rights or obligations under this Mortgage without the consent of the Bank.

The Mortgagor the Borrower and the Firm hereby represents and warrants to and for the benefit of the Mortgagee as follows :- (a) the Mortgagor, the Borrower and the Firm have the power under its constitution or memorandum and articles of association, as the case may be, and the legal capacity to enter into and perform and comply with all their obligations under this Mortgage and to create the security herein; (b) (if the Mortgagor and/or the Borrower is an individual) the Mortgagor and/or the Borrower is of full age and has the legal capacity to enter into and perform and comply with all his/their obligations under this Mortgage and to create the security herein; (c) (if the Mortgagor is an individual) the personal data of the Mortgagor and/or the Borrower and his particulars, description, details and other information as set out in this Mortgage, the application form and all other documents are true, complete, accurate and correct in every respect and undertake to correct them if they become untrue, incomplete, inaccurate, misleading or incorrect; (d) the Mortgagor, the Borrower and the Firm have the authority to provide personal data and details of its directors, shareholders, trustees, officers, attorneys, authorized signatories, guarantors or any other relevant persons, as the case may be, and other information as set out in this Mortgage, the application form and all other documents to the Mortgagee and that the aforesaid personal data, details and other information provided to the Mortgagee have been processed in accordance with all applicable laws; (e) all actions, conditions and things required to be taken, fulfilled and done (including the obtaining of any necessary consents) in order (i) to enable the Mortgagor, the Borrower and the Firm lawfully to enter into and perform and comply with their obligations under this Mortgage (ii) to ensure that these obligations are legally binding and enforceable and (iii) to make this Mortgage admissible in evidence in the courts of Singapore and elsewhere have been made, fulfilled and done; (f) the entry of the Mortgagor, the Borrower and the Firm into and the exercise of their rights and/or performance of or compliance with their obligations under this Mortgage does not and will not violate, contravene or exceed any borrowing or other powers or restrictions granted or imposed under or pursuant to (i) any law to which he or it is subject or (ii) any agreement to which he or it is a party or which is binding on him or it or ...

The Mortgagor. The Mortgagor is one or more natural persons and/or trustees for an Illinois land trust or a trustee under a "living trust" or "blind trust" and such "living trust" or "blind trust" is in compliance with the Underwriting Guidelines. In the event the Mortgagor is a trustee of a "living trust," such trustee is a natural person and is an obligor under the Mortgage Note in his or her individual capacity;