Mortgage definition

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

Mortgage. The mortgage, deed of trust or other instrument creating a first lien on an estate in fee simple or leasehold interest in real property securing a Mortgage Note.

Mortgage. The mortgage, deed of trust or other instrument securing a Mortgage Note, which creates a first or second lien on an unsubordinated estate in fee simple in real property securing the Mortgage Note.

Examples of Mortgage in a sentence

• It is expressly understood and agreed that Xxxxxxxx’s fee interest in the Land is not subordinate to any Leasehold Mortgage (as hereinafter defined).

• Accordingly, MAS Rural Housing & Mortgage Finance Limited (MRHMFL) has framed the following KYC & AML Policy.

• No consent by the Issuer shall be required for the mortgage of the Company’s interest in this Lease and the Base Lease as provided in the Mortgage.

• A Sagicor Bank Mortgage - As part of the Sagicor Bank Mortgage offer, persons who apply and are confirmed for mortgage by the Bank will also get up to J$2 Million Line of Credit, up to J$100,000 Cashback, Special Home Insurance Rate and an Affordable Interest Rate.

• The Agency hereby grants to the Company exemption from mortgage recording taxes for one or more mortgages (collectively, the "Mortgage") securing an aggregate principal amount not to exceed Maximum Mortgage Principal Amount, or such greater amount as approved by the Agency in its sole and absolute discretion, in connection with the financing of the Project and any future financing, refinancing or permanent financing of the costs of the Project (the "Mortgage Recording Tax Exemption").

More Definitions of Mortgage

Mortgage. The mortgage, deed of trust or other instrument creating a first or second lien on, or first or second priority security interest in, a Mortgaged Property securing a Mortgage Note.

Mortgage. A mortgage, deed of trust or other instrument encumbering a fee simple interest in real property securing a Mortgage Note, together with improvements thereto.

Mortgage means a mortgage, deed of trust, assignment of leases and rents, leasehold mortgage or other security document granting a Lien on any Mortgaged Property to secure the Obligations. Each Mortgage shall be reasonably satisfactory in form and substance to the Collateral Agent.

Mortgage. The mortgage, deed of trust or other instrument creating a first lien on Mortgaged Property securing a Mortgage Note together with any Mortgage Loan Rider, if applicable.

Mortgage. With respect to each Mortgage Note related to a Mortgage Loan which is not a Cooperative Loan, the mortgage, deed of trust or other comparable instrument creating a first lien on an estate in fee simple or leasehold interest in real property securing a Mortgage Note.

Mortgage. The mortgage, deed of trust or other instrument securing a Mortgage Note.

Mortgage. The mortgage, deed of trust or other instrument identified on the Mortgage Loan Schedule as securing a Mortgage Note.