Collateral Assignment of Mortgage definition

Collateral Assignment of Mortgage means, that certain Collateral Assignment of Leasehold Mortgage dated as of the date hereof, made by the Issuer in favor of the Trustee, as the same may be amended or supplemented from time to time.
Collateral Assignment of Mortgage means, with respect to any Mortgage, the assignment of the Mortgage, notice of transfer or equivalent instrument in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the lien of Borrower and the assignment of the Mortgage to Lender.
Collateral Assignment of Mortgage means a collateral assignment of the Mortgage (and any assignment of leases and rents, if applicable) related to a Pledged Loan, to be in substantially the form of Exhibit G (adapted as appropriate for each applicable recording office). If the Mortgage Loan includes a separate Assignment of Leases and Rents, the term “Collateral Assignment of Mortgage” will include the related separate collateral assignment of such Assignment of Leases and Rents if required by the applicable recording office.

Examples of Collateral Assignment of Mortgage in a sentence

  • The Collateral Assignment of Mortgage and related Collateral Assignment of Assignment of Leases, if any, or assignment of any other agreement executed in connection with such Mortgage Loan constitutes the legal, valid and binding assignment of such Mortgage from Borrower to or for the benefit of Agent, and validly grants a security interest in such Mortgage Loan to or for the benefit of Agent free and clear of any other pledge, lien, encumbrance or security interest.

  • Collateral Assignment of Mortgage and Assignment from Chase Manhattan Trust Company, National Association and Xxxxxx-Xxxxx County Port Authority to The Fifth Third Bank of Northwestern Ohio, National Association, filed for record November 12, 1998 in Volume 1675, Page 124, of the Xxxxxxx County Records.

  • Notwithstanding the reference in any existing recorded or unrecorded Collateral Assignment of Mortgage made by Borrower to Lender indicating that such Collateral Assignment is security for the Note in the principal amount of up to $5,000,000.00 or any other amount, each and every such existing Collateral Assignment shall be deemed to be, and hereby is, re-assigned to Lender to constitute security for the Consolidated Loan of up to $7,000,000.00.

  • Notwithstanding the reference in any existing recorded or unrecorded Collateral Assignment of Mortgage made by Borrower to Lender indicating that such Collateral Assignment is security for the Note in the principal amount of up to $5,000,000.00, $7,000,000.00 or any other amount, each and every such existing Collateral Assignment shall be deemed to be, and hereby is, re-assigned to Lender to constitute security for the Consolidated Loan of up to $7,700,000.00.

  • Assignor has duly executed this Collateral Assignment of Mortgage and Other Documents as of the day and year first above written.

  • That certain Collateral Assignment of Mortgage and Security Agreement, Assignment of Rents, Leases, Profits and Contracts, Cross Default and Cross Collateral Agreements, and Intercreditor and Subordination Agreement of even date hereof by and between Sun Financial LLC, a Michigan limited liability company, as assignor, and Citibank, N.A., as assignee, encumbering the property known as East Fork Crossing located in Batavia, Ohio, as further described therein.

  • The Note and Borrower's obligations hereunder and under all other Loan Documents shall be secured by (a) liens upon the Mortgage Loan pursuant to the Collateral Assignment of Mortgage, (b) liens upon the REO Properties pursuant to the REO Mortgages and (c) all other security interests and Liens granted in this Agreement and in the other Loan Documents.

  • Borrower shall have executed and delivered to Agent a Collateral Assignment of Mortgage and a Collateral Assignment of Assignment of Leases with respect to the Mortgage Loan and such Collateral Assignment of Mortgage and Collateral Assignment of Assignment of Leases shall be filed of record in the appropriate filing office in the jurisdiction in which the related Mortgaged Property is located or irrevocably delivered to a title agent for such recordation.

  • With respect to each Mortgage Loan, the Borrower shall have executed and delivered to the Lender a Collateral Assignment of Mortgage.

  • A Termination of Collateral Assignment of Mortgage dated February 28, 2017, and recorded March 6, 2017 as CRFN 2017000087412.


More Definitions of Collateral Assignment of Mortgage

Collateral Assignment of Mortgage means the collateral assignment of mortgage made by the Borrower in favor of the Administrative Agent which encumbers the Borrower’s right, title and interest in the Interim Mortgage.
Collateral Assignment of Mortgage will include the related separate collateral assignment of such Assignment of Leases and Rents if required by the applicable recording office.
Collateral Assignment of Mortgage means, with respect to any Mortgage Loan, a Collateral Assignment of Beneficial Interest in Mortgage and Other Documents, notice of transfer or equivalent instrument, substantially in the form attached hereto as EXHIBIT P, in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect of record the collateral assignment of the Mortgage to or for the benefit of Agent on behalf of the Lenders.
Collateral Assignment of Mortgage means collectively, those certain collateral assignments of First Mortgage Receivables given by Loan Parties for the benefit of Lender, together with any further collateral assignments of mortgages given in substitution or supplement thereof and any amendments or modifications thereof.

Related to Collateral Assignment of Mortgage

  • Assignment of Mortgage An assignment of the Mortgage, notice of transfer or equivalent instrument in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage to the Purchaser.

  • Collateral Assignment means, with respect to any Contracts, the original instrument of collateral assignment of such Contracts by the Company, as Seller, to the Collateral Agent, substantially in the form included in Exhibit A hereto.

  • Collateral Assignments means, collectively, the Assignment of the Development Agreement, and the Assignment of Management Agreement, the Assignment of the Right to Receive Tax Credits, Capital Contributions and Partnership Interests, each in form and substance satisfactory to the Significant Bondholder and the Financial Monitor and as each may be amended or supplemented from time to time with the prior written consent of the Significant Bondholder.

  • Collateral Assignment Agreement has the meaning set forth in Section 10.05.

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • Assignment of Lease means the Assignment of Lease to be executed by the Seller at the Closing with respect to each parcel of Leased Real Property listed on Section 3.16(b) of the Disclosure Schedule, in a form to be mutually agreed by the Seller and the Purchaser.

  • Assignment of Leases and Rents means the Assignment of Leases and Rents, executed by Borrower for the benefit of Lender, and pertaining to leases of space in the Project.

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • Blanket Mortgage The mortgage or mortgages encumbering a Cooperative Property.

  • Lease Assignment has the meaning set forth in Section 3.5(d).

  • Assignment of Contracts shall have the meaning provided in Section 5.07.

  • Reverse mortgage means a nonrecourse loan under which both of the following apply:

  • Aircraft Mortgage means each Aircraft and Engine mortgage and security agreement entered into by any Borrower in favor of the Agent evidencing the Liens in respect of such Aircraft Collateral that will secure the Obligations, in each case as amended, modified, restated, supplemented or replaced from time to time.

  • Owner Mortgage Loan File A file maintained by the Custodian for each Mortgage Loan that contains the documents specified in Section 2.01(a) and any additional documents required to be added to the Owner Mortgage Loan File pursuant to this Agreement.

  • Trustee Mortgage File The mortgage documents listed in Section 2.01 hereof pertaining to a particular Mortgage Loan and any additional documents required to be added to the Trustee Mortgage File pursuant to this Agreement.

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Security Instrument A written instrument creating a valid first lien on a Mortgaged Property securing a Mortgage Note, which may be any applicable form of mortgage, deed of trust, deed to secure debt or security deed, including any riders or addenda thereto.

  • Closing Date Mortgaged Property as defined in Section 3.1(h).

  • Insurance Assignment each collateral assignment of insurance pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s rights under key-man life, business interruption or other insurance policies as Agent deems appropriate, as security for the Obligations.

  • Additional Collateral Mortgage Loan Each Mortgage Loan identified as such in the Mortgage Loan Schedule.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • First Lien Mortgage Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.

  • General Assignment means, in relation to a Ship, a general assignment of (inter alia) the Earnings, the Insurances and any Requisition Compensation relative to that Ship in the Agreed Form and, in the plural, means all of them;