Mortgage 2 definition

Mortgage 2 means the collateral mortgage-in-escrow in respect of the Property, executed or to be executed (as the context may require) by the Borrower in favour of the Lender and includes any amendments variations or modifications thereto or any further mortgages.
Sample 1Sample 2
Mortgage 2 the sub-mortgage over a landed property in Hong Kong given by the Borrower in favour of the Co-lenders in respect of all monies and obligations owing by the Borrower to the Co-lenders from time to time under the advance of loan under the Second Drawdown
Sample 1
Mortgage 2. (i) that certain capital loan from Rabobank Nederland to FRE Netherland B.V., a wholly-owned subsidiary of MVC Automotive, dated January 15, 2008, in the original principal amount of €2,500,000; and (ii) that certain loan from Rabobank Nederland to FRE Netherland B.V., dated January 15, 2008, in the original principal amount of €4,000,000, each as guaranteed by the Company.
Sample 1

Examples of Mortgage 2 in a sentence

  • Thus, the Court will certify the following class definition:All persons who entered into a mortgage loan transaction secured by real estate located in Maryland where (1) Prosperity Mortgage (2) is identified as the mortgage lender in the operative documents relating to the transaction, (3) Prosperity Mortgage received a fee for services in the transaction, and (4) the loan was funded through a Wells Fargo line of credit.

  • THE PROPOSED CLASS IN PETRY In Petry, Plaintiffs ask the Court to certify the following class:29All persons who entered into a mortgage loan transaction secured by real estate located in Maryland where (1) Prosperity Mortgage (2) is identified as the mortgage lender in the operative documents relating to the transaction, (3) Prosperity Mortgage received a fee for services in the transaction, and (4) the loan was funded through a Wells Fargo line of credit.

  • Antiviral research 96, 305-314, doi:10.1016/j.antiviral.2012.09.023 (2012).

  • The Guadalajara Mortgage 2 was subject to the law of Jalisco and was recorded at the Registro Público of that State on December 6, 2007.

  • The Guadalajara Mortgage 2 secured the Third Loan, including both capital and interest.

  • Asked whether the areas without a WHSmith branch would simply have their Post Offices closed, Lynne Hobbs noted that while 70 crown Post Office branches would be accommodated within WHSmith branches the rest were expected to stay for the time being although clearly it would be necessary to identify other ways of addressing the financial realities of the situation.

  • Loans shall be collateralized in the most secure manner possible, without creating a burden on the applicant’s ability to leverage conventional financing – 1) Real Estate Mortgage; 2) Tangible Business Personal Property (UCC #); and/or 3) Personal Guarantee(s).

  • The Guadalajara Mortgage 2 was recorded at that Property Public Registry on 6 December 2007.

  • The Bond, No. LPM3012608 00, involves three parties: (1) the principal debtor, Sunset Mortgage; (2) the corporate surety, F & D; and (3) the obligee, the Ohio Superintendent of Financial Institutions.

  • Mortgage (2) For the purposes of section 4 and 6 and Part III of the Cap.


More Definitions of Mortgage 2

Mortgage 2 shall have the meaning set forth in Section 12.2(g).
Sample 1
Mortgage 2 the sub-mortgage over a landed property in Hong Kong given by the Borrower in favour of the Co-lenders in respect of all monies and obligations owing by the Borrower to the Co- lenders from time to time under the Facility Agreement up to a specified amount “Operator” a company incorporated in Hong Kong with limited liability, an Independent Third Party and one of the Co-lenders “Second Drawdown” a drawdown in the principal amount of HK$19,000,000 on 31 August 2018 pursuant to the Facility Agreement, as approved by the Co-lenders “Shareholder(s)” holder(s) of the share(s) of the Company
Sample 1
Mortgage 2 the second mortgage over a residential unit with a car parking space on Island Road, Hong Kong given by Guarantor A and in favour of the Lender in respect of all monies and obligations owing by the Borrowers to the Lender from time to time under the Previous Loan Agreement and the Loan Extension Agreement
Sample 1

Related to Mortgage 2

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

  • Mortgage Servicing Rights The rights and responsibilities of Seller with respect to servicing the Mortgage Loans under the Servicing Agreements, including any and all of the following if and to the extent provided therein: (a) all rights to service a Mortgage Loan; (b) all rights to receive servicing fees, Ancillary Income, reimbursements or indemnification for servicing the Mortgage Loan, and any payments received in respect of the foregoing and proceeds thereof; (c) the right to collect, hold and disburse escrow payments or other payments with respect to the Mortgage Loan and any amounts actually collected with respect thereto and to receive interest income on such amounts to the extent permitted by Applicable Law; (d) all accounts and other rights to payment related to any of the property described in this paragraph; (e) possession and use of any and all Credit Files pertaining to the Mortgage Loan or pertaining to the past, present or prospective servicing of the Mortgage Loan; (f) to the extent applicable, all rights and benefits relating to the direct solicitation of the related Mortgagors for refinance or modification of the Mortgage Loans and attendant right, title and interest in and to the list of such Mortgagors and data relating to their respective Mortgage Loans; and (g) all rights, powers and privileges incident to any of the foregoing.

  • 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.

  • Mortgage servicer means the mortgagee or a person other than the mortgagee to whom a mortgagor or the mortgagor’s successor in interest is instructed by the mortgagee to send payments on a loan secured by the mortgage. A person transmitting a payoff statement for a mortgage is the mortgage servicer for purposes of such mortgage.