Examples of Mortgage Lien in a sentence
Mortgage Lien Info Numeric – Integer 2 99 If Lien Position > 1 See Coding 1 = Fixed Rate 2 = ARM 3 = Hybrid 4 = Neg Am 99 = Unknown 21 Hybrid Period of Most Senior Lien (in months) For non-first mortgages where the associated first mortgage is a hybrid ARM, the number of months remaining in the initial fixed interest rate period for the hybrid first mortgage.
Mortgage Lien Info Date 20090914 YYYYMMDD If Lien Position > 1 and there is a 2nd lien on the subject property “19010101” if unknown 25 Origination Date The date of the Mortgage Note and Mortgage/Deed of Trust Loan Term and Amortization Type Date 20090914 YYYYMMDD Always “19010101” if unknown 26 Original Loan Amount The dollar amount of the mortgage loan, as specified on the mortgage note at the time of the loan’s origination.
No provision of this Easement is to be construed as impairing the ability of Grantor to use the Property as collateral for any loan, provided that any lien securing such loan (a "Mortgage Lien"), regardless of date, shall be subordinate to the terms of this Easement and Grantee’s rights under this Easement.
Under no circumstances may Grantee’s rights be extinguished or otherwise affected by the recording, foreclosure, or any other action taken concerning any Mortgage Lien.
Mortgage Lien Priorities (735 ILCS 5/15-1301) (from Ch. 110, par.