Michigan Mortgage definition

Michigan Mortgage means the Mortgage or even date herewith by and between the Michigan Property Owner and the JGB Agent with respect to the Michigan Property.
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Michigan Mortgage means the mortgage, assignments of leases and rents, and all related documents securing the Obligations and encumbering the Real Property owned by Motor Products Corporation located in Owosso, Michigan together with all extensions, renewals, amendments, supplements, modifications, substitutions and replacements thereto and thereof.
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Michigan Mortgage means the Mortgage of even date herewith, by and between the Michigan Property Owner and the JGB Agent with respect to the Michigan Property.
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Examples of Michigan Mortgage in a sentence

  • Michigan Mortgage Credit Certificate Program‌This program, authorized by Congress in 1984, reduces the amount of federal income tax a homebuyer pays, thus giving the person more available income to qualify for a conventional mortgage and make house payments.

  • Demographic information for the Single Family, Michigan Mortgage Credit Certificate, and PIP Programs are found in EXHIBIT 2, EXHIBIT 3, and EXHIBIT 4, and information for the Housing Choice Voucher program is found in the text of the “Housing Choice Voucher Program” section.

  • The Michigan Mortgage Modification Guarantee may be issued for any recorded mortgage regardless of the previous underwriter.Range of Liability ChargeFor the first $10,000 of liability $200.00For each additional $1,000 of liability thereafter $1.50The maximum amount of liability for this Guarantee shall be $250,000.

  • In fact, the Michigan Mortgage Brokers, Lenders, and Servicers Licensing Act expressly exempts depository financial institutions such as national banks.

  • The Michigan Mortgage Modification Guarantee may be issued for any recorded mortgage regardless of the previous underwriter.$125.00 flat fee.

  • In FY 2008, no mobile home parks were financed under the Authority’s Michigan Mortgage Credit Certificate Program or Single Family Program.

  • In FY 2000, 18 mobile homes were financed under the Authority’s Michigan Mortgage Credit Certificate Program and Single Family Program.

  • Plaintiffs’ original complaint contained thirteen counts, in addition to the request for temporary and permanent injunctive relief, count XIII, they alleged Truth in Lending violations (TILA), counts III and IV, Real Estate Settlement Procedures Act violations (RESPA), count V, fraud, counts VIII and IX, violations of Michigan Mortgage Loan Act and Mortgage Foreclosure Law, counts X and XI, among other allegations.

  • In FY 2017, no mobile home parks were financed under the Michigan Mortgage Credit Certificate Program or Single Family Program.

  • The outstanding principal balance on the Michigan Mortgage Note was $10.0 million at December 31, 1997 and 1996.


More Definitions of Michigan Mortgage

Michigan Mortgage the collective reference to the Open-End Mortgage, substantially in the form of Exhibit D-1 hereto, executed and delivered by the appropriate Loan Party with respect to specified Oil and Gas Properties and other Collateral located in Michigan, as the same may be amended, supplemented or otherwise modified from time to time.
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Michigan Mortgage means that certain Mortgage, Assignment and ----------------- Security Agreement dated May 10, 2001, effective of even date herewith recorded or to be recorded in the Oakland County, Michigan records, as may have been or may be amended, restated, modified or supplemented from time to time.
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Michigan Mortgage means the Mortgage executed by the Company in favor of the Purchaser in the form attached hereto as Exhibit C-2 on the Property owned by the Company in St. Joseph County, Michigan, owned xx xxe Company and commonly known as 68939 M 103, White Pigeon, Michigxx 00000, xx xxx xxxx xxx xxxx xxxx xx xxme be amended, restated, supplemented or otherwise modified. "Mortgages" means each of the Indiana Mortgage, the Michigan Mortgage and the Leasehold Mortgage.
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Related to Michigan Mortgage

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

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • Ship Mortgage means a Ship Mortgage or Additional Ship Mortgage substantially in the form of Exhibit E-2 to the 2008 Credit Agreement (with such changes as are reasonably consented to by the Collateral Agent to account for local law matters) made by the applicable Loan Party in favor of Collateral Agent for the benefit of the Secured Parties, as the same may be amended, supplemented or otherwise modified from time to time, together with an Earnings Assignment and an Insurance Assignment made by the applicable Loan Party for each Mortgaged Vessel, and such other agreements reasonably acceptable to Collateral Agent as shall be necessary to comply with applicable requirements of law and effective to grant in favor of Collateral Agent for the benefit of the Secured Parties a first preferred mortgage within the meaning of the Ship Mortgage Act on the Mortgaged Vessel covered thereby, subject only to Permitted Liens.

  • FHA Mortgage Insurance means, mortgage insurance authorized under the National Housing Act, as amended from time to time, and provided by the FHA.

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

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

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

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • Lender-Paid Mortgage Insurance Loan Each of the Mortgage Loans identified on the Mortgage Loan Schedule as having a Lender-Paid Mortgage Insurance Rate.

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

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

  • GreenPoint Mortgage Loans The Mortgage Loans for which GreenPoint is listed as "Servicer" on the Mortgage Loan Schedule.

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.

  • Split Mortgage Loan Any Mortgage Loan that is part of a Loan Combination. The only Split Mortgage Loans that are assets of the Trust as of the Closing Date are those that have the respective loan numbers (as set forth on the Mortgage Loan Schedule) listed on the Loan Combination Table under the column heading “Loan No. for related Mortgage Loan.”

  • Jumbo Mortgage Loan Unless defined otherwise in the Transactions Terms Letter, a first lien Mortgage Loan (i) for which the original loan amount is greater than the applicable conventional conforming loan limits set by the Federal Housing Finance Authority in the jurisdiction where the related Mortgaged Property is located and (ii) which meets the transaction requirements set forth on Schedule 1 of the Transactions Terms Letter.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

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

  • Primary Mortgage Insurance Insurance obtained from a Primary Mortgage Insurer which insures the holder of a Mortgage Note against loss in the event the related Borrower defaults under such Mortgage Note or the related Security Instrument, including all riders and endorsements thereto.

  • Type 1 Mortgage Loan Any of the Mortgage Loans identified in Exhibit F-1 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, serviced under the WFHM Servicing Agreement and having a Mid-Month Receipt Period with respect to all types of Unscheduled Principal Receipts.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • Pledged Asset Mortgage Servicing Agreement The Pledged Asset Mortgage Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer. Pooling and Servicing Agreement or Agreement: With respect to any Series, this Standard Terms together with the related Series Supplement.

  • Lender-Paid Mortgage Insurance Rate With respect to any Lender-Paid Mortgage Insurance Loan, a per annum rate equal to the percentage indicated on the Mortgage Loan Schedule under the heading "Lender-Paid Mortgage Insurance Rate."

  • Group 3 Mortgage Loan Each Mortgage Loan listed on Exhibit D-3 hereto.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.