Unscheduled Payments. Loan Advances made pursuant to Sections 2.4., 2.9.2., 2.9.3., 2.10.3., 2.10.5., and 2.15. shall be made from a line of credit under Section 2.6. or 2.7. to the extent possible. If no line of credit sufficient to make the Loan Advances exists, any future monthly payments must be recalculated in accordance with Subsection 2.5.3. or
Appears in 3 contracts
Samples: Home Equity Conversion Loan Agreement, Home Equity Conversion Loan Agreement, Home Equity Conversion Loan Agreement
Unscheduled Payments. Loan Advances made pursuant to Sections 2.4., 2.9.2., 2.9.3., 2.10.3., 2.10.5., and 2.15. shall be made from a line of credit under Section 2.6. or 2.7. to the extent possible. If no line of credit sufficient to make the Loan Advances exists, any future monthly payments must be recalculated in accordance with Subsection 2.5.3. oror 2.5.4.
Article 3 - Late Charge
Appears in 2 contracts
Samples: Home Equity Conversion Loan Agreement, Home Equity Conversion Loan Agreement
Unscheduled Payments. Loan Advances made pursuant to Sections 2.3.4, 2.4., 2.9.2., 2.9.3., 2.10.3.[2.10.5/2.10.4, 2.10.5.2.10.6]2, and 2.15. 2.15 shall be made from a line of credit under Section 2.6. 2.6 or 2.7. 2.7 to the extent possible. If no line of credit sufficient to make the Loan Advances exists, any future monthly payments must be recalculated in accordance with Subsection 2.5.3. or2.5.3 or 2.5.4 to create a line of credit sufficient to make the Loan Advances.
Appears in 2 contracts
Samples: Hecm Adjustable Interest Rate Loan Agreement, Home Equity Conversion Mortgage Adjustable Rate Loan Agreement
Unscheduled Payments. Loan Advances made pursuant to Sections 2.4., 2.9.2., 2.9.3., 2.10.3., 2.10.5., and 2.15. shall be made from a line of credit under Section 2.6. or 2.7. to the extent possible. If no line of credit sufficient to make the Loan Advances exists, any future monthly payments must be recalculated in accordance with Subsection 2.5.3. oror 2.5.4. to create a line of credit sufficient to make the Loan Advances.
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