Deed of Trust Note definition

Deed of Trust Note means a Note evidencing indebtedness, which Note is secured by a Deed of Trust, payable to the order of a Mortgage Lender executed by an Eligible Borrower to evidence such Eligible Borrower's obligation to repay the Mortgage Loan in the form provided in the Program Documents and, upon Purchase, endorsed and assigned to the Servicer.
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Deed of Trust Note means a promissory note evidencing a loan from a participating lending institution to an eligible borrower, which finances the purchase of a qualified residence and is secured by a deed of trust.
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Deed of Trust Note dated ___________________ in the original principal sum of $_________ made by _________, payable to, or endorsed to the order of, the Trustee.
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Examples of Deed of Trust Note in a sentence

  • In the event that all or any portion of the Premises is sold, transferred, assigned, conveyed or otherwise disposed of, whether voluntarily or involuntarily, other than the lease by the Grantor of a "Dwelling Unit" (a term defined in the Loan Agreement) to an "Eligible Tenant" (a term defined in the Loan Agreement), then the principal sum of the Deed of Trust Note secured hereby shall immediately become due and payable in full.

  • Balance of the purchase price, together with interest on the unpaid purchase money at the current rate con- tained in the Deed of Trust Note from the date of sale to the date funds are received by the Sub.

  • This Deed of Trust is given to secure all present and future advances and re-advances by Beneficiary to Grantor, if any, and also to secure the performance and observation by Grantor of all of the other terms, covenants, conditions and agreements of this Deed of Trust, the Deed of Trust Note, the Loan Agreement and all other Loan documents, as the same from time to time may be modified and amended.

  • This Deed of Trust, Note and the Loan ---------------- Documents constitute the entire agreement between or among the parties hereto with respect to the matters addressed therein, and supersede all prior oral or written communications or agreements with respect to such matters.

  • A Proposal which contains false or misleading statements, or which provide references which do not support an attribute or condition contended by the Firm may be rejected.

  • The Loan will be evidenced by a Deed of Trust Note made by Borrower payable to the order of Lender (as the same may be further amended, renewed, restated, supplemented or substituted from time to time, the “Note”).

  • KLEIN (238); Notes 1-2 (242)End Class 6 -SIMULATION EXERCISE 3B (106 & go to https://caplaw.com/sites/cprop4, then click on Simulation Exercise 3B) PRAVELKA-DAMANI DEED); DEED FORMS (106-109); NOTE (109)-The Mortgage or Deed of Trust: Note on the Deed as a Finance Document (243); Note on the "Straight" Mortgage (244); NYCTL v.

  • On November 17, 2017, Riverfront Holdings I, LLC (the "Joint Venture") refinanced the Dock 79 project pursuant to a Loan Agreement and Deed of Trust Note entered into with EagleBank ("Loan Documents").

  • Note – The Credit Line Deed of Trust Note made by Borrower to the order of Lender dated of even date herewith in the principal amount hereinabove recited, as the same may from time to time be amended, modified or supplemented.

  • Maker has caused this Deed of Trust Note to be duly executed on the date first above written.


More Definitions of Deed of Trust Note

Deed of Trust Note. The promissory note in the amount of $14,175,000.00 made by the Partnership in favor of the Lender representing the Partnership's indebtedness to the Lender pursuant to the Building Loan Agreement.
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Deed of Trust Note dated in the original principal sum of $ made by , payable to, or endorsed to the order of, the Trustee.
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Related to Deed of Trust Note

  • Deed of Trust means each deed of trust, deed to secure debt or mortgage (fee), security agreement, assignment of leases and rents (if required by applicable law) and financing statement executed and delivered pursuant to Section 7.13, as the same shall be amended, supplemented, restated or otherwise modified from time to time.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Note A shall have the meaning assigned to such term in the recitals.

  • First Mortgage Indenture means a first mortgage indenture pursuant to which any Borrower or any Subsidiary of any Borrower may issue bonds, notes or similar instruments secured by a lien on all or substantially all of such Borrower’s or such Subsidiary’s fixed assets, as the case may be.

  • First Mortgage means a Mortgage that constitutes a first Lien on the real property and improvements described in or covered by that Mortgage.

  • Security Deed means the security deed dated on or about the Series Issue Date of the ETC Securities entered into as a deed by the Issuer, the Trustee and any other parties thereto by the execution of the Issue Deed and in the form of the Master Security Terms (as amended and/or supplemented by the Issue Deed) and as such Security Deed is amended, supplemented, novated or replaced from time to time.

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Deeds of Trust means, collectively, (i) the Deeds of Trust, Assignments, Security Agreements and Financing Statements, (ii) the Mortgages, Assignments, Security Agreements and Financing Statements, and (iii) the Deeds to Secure Debt, Assignments, Security Agreements and Financing Statements from the Borrowers, constituting Liens on the Mortgaged Sites as Collateral for the Loan as the same have been, or may be, assigned, modified or amended from time to time.

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

  • 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.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Second Mortgage means a mortgage from which the proceeds of a loan or other extension of credit made by a third person are secured by a mortgage on the real property for which the mortgagor has used the proceeds of the loan or other extension of credit to pay all or part of the purchase price of the property.

  • Promissory Note means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • Trust Notes As defined in the Introductory Statement.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of November 19, 2020, by and among Borrower, the subsidiary guarantors from time to time party thereto, and the Senior Creditors, as amended, restated, supplemented or otherwise modified from time to time.

  • Mortgage Indenture means the Mortgage and Deed of Trust, dated as of April 1, 1932, between SIGECO and Bankers Trust Company (as supplemented from time to time before or after the date hereof by various supplemental indentures thereto).

  • Lost Mortgage Note Any Mortgage Note the original of which was permanently lost or destroyed and has not been replaced.

  • Mortgage Amendment means an amendment to an Existing Mortgage or an amendment and restatement of an Existing Mortgage, in each case in form and substance reasonably acceptable to the Collateral Agent.

  • Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Prior Loan Agreement is defined in the recitals hereto.

  • Aircraft Mortgage means that “Aircraft Mortgage” as defined in Section 4.01(e), as the same may be amended, restated, modified, supplemented, extended or amended and restated from time to time.

  • Contract Note means a promissory note of the Borrower payable to the order of a Lender, in substantially the form of Exhibit 1.01A hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Contract Advances made by such Lender to the Borrower.

  • Security Instruments means, collectively, (a) the Mortgages, (b) the Transfer Letters, (c) the Pledge Agreements, (d) the Security Agreements, (e) each other agreement, instrument or document executed at any time in connection with the Pledge Agreements, the Security Agreements, or the Mortgages, (f) each agreement, instrument or document executed in connection with the Cash Collateral Account; and (g) each other agreement, instrument or document executed at any time in connection with securing the Obligations.

  • Bridge Loan Agreement shall have the meaning set forth in the recitals.