Subordinate Mortgage Sample Contracts

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Subordinate Mortgage • August 28th, 2024 • Louisiana

If optional language is added to the definition of “Default”, then format so that “; or” appears only before the last subsection.

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Subordinate Mortgage • November 8th, 2023 • Alabama

If optional language is added to the definition of “Default”, then format so that “; or” appears only before the last subsection.

PENNSYLVANIA HOUSING FINANCE AGENCY
Subordinate Mortgage • February 23rd, 2021 • Pennsylvania

This Subordinate Mortgage ("Mortgage"), entered into this day of , 20 , is given by ("Borrower") as security for the loan made to Borrower by the Pennsylvania Housing Finance Agency ("Lender"), its successors and or assigns, a public corporation and government instrumentality, having its principal office at 211 North Front Street, City of Harrisburg, County of Dauphin, Commonwealth of Pennsylvania.

PENNSYLVANIA HOUSING FINANCE AGENCY SUBORDINATE MORTGAGE
Subordinate Mortgage • November 17th, 2017 • Pennsylvania

This Mortgage is given by the Borrower to PHFA to secure any and all sums loaned by PHFA to the Borrower pursuant to the Agency's

AFFORDABLE HOUSING PROGRAM SUBORDINATE MORTGAGE
Subordinate Mortgage • December 9th, 2019

THIS SUBORDINATE MORTGAGE, made for the benefit of the Federal Home Loan Bank of New York (“FHLBNY”), is effective on (the “Closing Date”), and is between (the “Borrower”) residing at

Subordinate Mortgage - HOME Program NOTICE TO HOMEBUYER: This SUBORDINATE MORTGAGE is based upon a PROMISSORY NOTE you signed in the amount of____________________. The ____________________ was a direct subsidy provided to you through the Home...
Subordinate Mortgage • January 5th, 2021

THIS SUBORDINATE MORTGAGE (MORTGAGE) is made on _____________________________, (date). The grantor(s) is(are) ______________________________ (A Single Person) and __________________________ (A Single Person) (BORROWER). This MORTGAGE is given to __________________________________________, a ________________corporation organized and existing under the laws of the State of Oklahoma, and whose address is ______________________________________________, and its successors and assigns (LENDER). BORROWER owes LENDER the principal sum of ___________________________________________________ (U.S. _____________). This debt is evidenced by BORROWER's NOTE (NOTE) dated the same date as this MORTGAGE. The NOTE provides for no payments if the BORROWER complies with the terms of the NOTE and the WRITTEN AGREEMENT referenced above. The LOAN evidenced by the NOTE and secured by this MORTGAGE (LOAN) is being made pursuant to a HOME Program grant from HUD through the Oklahoma Housing Finance Agency (OHFA)

OKLAHOMA HOUSING FINANCE AGENCY HOMEBUYER DOWN PAYMENT ASSISTANCE PROGRAM
Subordinate Mortgage • October 31st, 2024

, 20 , by (the “Borrower(s)”) to OKLAHOMA HOUSING FINANCE AGENCY, a public trust created pursuant to the laws of the State of Oklahoma whose address is 100 NW 63rd Street, Oklahoma City, OK 73116 (including its successors and assigns, the “Lender”). The Borrower(s) owe(s) the Lender the principal sum of Dollars ($ ). This debt is evidenced by the Borrower(s)’s Promissory Note (the “Note”) dated the same date as this Mortgage and maturing on , 20 (the “Maturity Date”). The Note provides that the principal of the Note is payable at the earlier of the Maturity Date or an occurrence of a “Prepayment Event” as set forth in the Note. The loan evidenced by the Note and secured by this Mortgage (the “Loan”) is being made by the Lender pursuant to its Homebuyer Down Payment Assistance Program.

Subordinate Mortgage
Subordinate Mortgage • March 26th, 2019

This Subordinate Mortgage ("Security Instrument") is made on the XX day of XXXXX of 201X. The grantor is XXXXXX, a married man (“Borrower”). This Security Instrument is given to the COUNTY OF LAKE of the STATE OF ILLINOIS, 18 North County Street, Waukegan, Illinois 60085 ("Lender"). Borrower owes Lender the principal sum of XXXXXXXX ($XX,XXX). This debt is evidenced by the Borrower's Note dated the same date as this Security Instrument. ("Note"), attached hereto as “Exhibit B”.

SUBORDINATE MORTGAGE
Subordinate Mortgage • December 22nd, 2011 • Florida

Mortgagor,(Insert Borrower Name) (hereinafter “Borrower”), and the Mortgagee, the City of Palm Coast (hereinafter “Lender”), a political subdivision of the State of Florida, whose address is the Community Development Department, 160 Cypress Point Parkway, Suite B-106, Palm Coast, FL 32164.

SUBORDINATE MORTGAGE
Subordinate Mortgage • April 11th, 2012 • 250 West 57th St Associates L.L.C. • Operators of nonresidential buildings • New York

THIS MORTGAGE, made as of the 15th day of October, 2009, between 250 WEST 57TH ST. ASSOCIATES L.L.C., a New York limited liability company, with offices at c/o Malkin Holdings LLC, 60 East 42nd Street, New York, New York 10165 (the “Mortgagor”) and SIGNATURE BANK, a New York banking corporation, having an office at 68 South Service Road, Melville, New York 11747 (the “Mortgagee”), and joined in by FISK BUILDING ASSOCIATES L.L.C., a New York limited liability company, with offices at c/o Malkin Holdings LLC, 60 East 42nd Street, New York, New York 10165 (the “Ground Lessee”).

SUBORDINATE COMBINATION MORTGAGE, SECURITY AGREEMENT, FIXTURE FINANCING STATEMENT, AND ASSIGNMENT OF LEASES AND RENTS
Subordinate Mortgage • August 23rd, 2018

All rents, issues, condemnation awards, insurance proceeds, and similar revenues and income arising from the ownership of the Land, the Buildings and the Equipment and all proceeds and products thereof (collectively, the “Revenues and Income”).

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