Eligible Mortgagee definition

Eligible Mortgagee means the holder of a security interest on a unit that has filed with the secretary of the association a written request that it be given copies of notices of any action by the association that requires the consent of mortgagees.

Eligible Mortgagee means the holder of a mortgage on a unit

Eligible Mortgagee means any Person owning a mortgage on any Lot, which mortgage is first in priority upon foreclosure to all other mortgages that encumber such Lot, and which has requested the Association, in writing, to notify it regarding any proposed action which requires approval by a specified percentage of Eligible Mortgagees.

Examples of Eligible Mortgagee in a sentence

• Eligible Mortgagee An Eligible Mortgagee is a financial institution licensed or chartered by the State or Federal government to originate home mortgage loans in the State of Connecticut that has executed a "Master Agreement for Refinancing Mortgage Guarantee" (hereafter "Master Agreement") with the Authority.

• The Master Agreement shall identify the terms and conditions of the refinancing mortgage loan guarantees and the rights and responsibilities of the Authority and the Eligible Mortgagee.

• A Mortgagee that fails to provide written request for notice to the Association shall not be an Eligible Mortgagee.

• Any Eligible Mortgagee shall, upon request, be entitled to designate a representative to be present at any meeting.

• No Lot may be partitioned or subdivided without the prior written approval of the Owner and Eligible Mortgagee thereof, and the Association.

More Definitions of Eligible Mortgagee

Eligible Mortgagee means the holder of a security interest

Eligible Mortgagee means and refer to a mortgagee, beneficiary under a trust deed, or lender who has requested notice in writing of certain matters from the Association in accordance with this Declaration.

Eligible Mortgagee means the holder of a mort- gage on a unit that has filed with the secretary of the associa- tion a written request that it be given copies of notices of any action by the association that requires the consent of mort- gagees.

Eligible Mortgagee means the holder of a security

Eligible Mortgagee means an “eligible mortgagee” as defined in the CIC Act.

Eligible Mortgagee means and refer to a Mortgagee of a First Mortgage who requests notice of certain matters from the Association in accordance with Section 8.2.

Eligible Mortgagee means a Mortgagee or an institutional holder, insurer or guarantor of a Mortgage, who has provided written notice to the Association a written request that it be given notice of actions by the Association. The request must state the name and address of the Mortgagee and Lot number related to the Mortgage.