Mortgage Account definition

Mortgage Account means as the context requires (i) all Mortgage Loans secured on the same Mortgaged Property and thereby forming a single mortgage account or (ii) an account maintained by the Administrator in respect of a particular Mortgage Loan to record all amounts due in respect of that Mortgage Loan (whether by way of principal, interest or otherwise) and all amounts received in respect thereof;

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Mortgage Account means all Loans secured on the same Property and thereby forming a single mortgage account;

Mortgage Account means all Loans secured on the same Property and thereby forming a single mortgage account; Mortgage Conditions means all the terms and conditions applicable to a Loan, including without limitation those set out in the Seller's relevant mortgage conditions booklet and the Seller's relevant general conditions, each as varied from time to time by the relevant Loan Agreement and the relevant Mortgage Deed; Mortgage Deed means, in respect of any Mortgage, the deed in written form creating that Mortgage being, in respect of any Scottish Loans, a Standard Security;

Examples of Mortgage Account in a sentence

There is no maximum age limit unless the Mortgage Account is linked to a pension policy when the Mortgage Account must mature no later than the time when the Borrower reaches 75 years of age.
The Seller has not revalued any of the Mortgaged Properties since the date of the origination of the related Mortgage Account, other than in respect of a Mortgaged Property of a related Borrower that has remortgaged its property or to which the Seller has made a Further Advance.
Otherwise there is no maximum age limit unless the Mortgage Account is linked to a pension policy when the Mortgage Account must mature no later than the time when the Borrower reaches 75 years of age.
The Mortgage Account must mature no later than the time when the Borrower reaches 85 years of age if the Loan has a related MIG policy.
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More Definitions of Mortgage Account

Mortgage Account means the account we maintain which records debits and credits to the Mortgage Debt

Mortgage Account means each such account authorized to be created pursuant to Section 5.02 hereof in each Construction Fund and so designated and established by the Applicable Series Resolution;

Mortgage Account means an Eligible Account secured by a lien on real estate (e.g., a mortgage or deed of trust) on a 1-6-family residential property or a mixed- use property. A Mortgage Account includes a closed-end mortgage loan and a home equity loan and does not include a home equity line of credit. "M&T Mobile" or "M&T Mobile Banking" means the mobile banking service that enables Customer to access certain financial services and products, and the functions now, or in the future, offered in the M&T Online Banking service, using a Mobile Device. Not all Eligible Accounts or financial services and products are accessible or available through M&T Mobile. "M&T Mobile Deposit" means the mobile banking service that enables select Customers to deposit checks to a selected deposit account in M&T Online Banking using M&T's application on their Mobile Devices. The M&T Mobile Deposit service is also referred to as MDS in the Agreement. "M&T Online Banking services" means the financial services and products, and the functions available now or in the future in standard online banking (e.g., the ability to view balances, make internal transfers, check image and statement view, ▇▇▇▇ pay service, and the ability to pay M&T loans). The term M&T Online Banking services includes both M&T Online Banking and M&T Online Banking for Business.

Mortgage Account means the mortgage account into which all Loans secured on the same Property are incorporated;

Mortgage Account means all Mortgage Loans relating to the same Property and thereby forming a single mortgage account;

Mortgage Account means the account we keep for recording debits and credits under the mortgage documents from time to time;

Mortgage Account means all Loans secured on the same Property and thereby forming a single mortgage account; Mortgage Conditions or Loan Conditions means the terms and conditions applicable to a Loan as contained in the Seller’s “Mortgage Conditions” booklet for England and Wales or Scotland applicable from time to time;