Examples of Additional Advance in a sentence
If no Construction Advance is required, the entire Additional Advance Payment will be refunded.
If this is the case then the Lender may cure the foreclosure and add the costs to the balance of the loan with a Notice of Additional Advance on the existing note.
Any proceeding has been instituted to foreclose the insured security instrument (if applicable).Notwithstanding the foregoing, this endorsement may be issued in connection with an order for a Modification Endorsement or an Additional Advance Endorsement.The charge for this endorsement is $50 if issued within 90 days of the policy date or $150 any time thereafter.
The GSA shall provide Applicant a summary of expenditures made from the Deposit, and the unexpended balance thereof, whenever requesting any Additional Advance and within ten (10) business days of receipt by the GSA of a request therefore submitted by Applicant.
If Applicant fails to timely make the Additional Advance, Applicant agrees that the GSA may cease any or all additional work on the Request until the GSA receives the Additional Advance from Applicant.