Common Contracts
1 similar Mortgage Insurance Agreement contracts
Agreement and CertificationMortgage Insurance Agreement • June 22nd, 2010
This Agreement made this day of , 19 by and between the , a *(hereinafter called Mortgagor), and , a corporation (hereinafter called Mortgagee), and the Secretary of Housing and Urban Development, acting by and through the Federal Housing Commissioner (hereinafter called Commissioner); Whereas, Mortgagor has applied to Mortgagee for a mortgage loan in the amount of $ for the purpose of erecting a housing project to be located at and identified as HUD Project No. ; and Whereas, Mortgagee has applied to the Commissioner for mortgage insurance under Section , of the National Housing Act covering said mortgage loan and Commissioner has issued a commitment to insure said mortgage loan upon completion of the project in an amount not to exceed $ , which amount, however, is subject to reduction as provided in the National Housing Act and Regulations promulgated pursuant thereto; andWhereas, under the provisions of the National Housing Act and the Regulations promulgated pursuant thereto, this
