Mortgage Loan Maturity Date definition
Examples of Mortgage Loan Maturity Date in a sentence
All remaining unpaid balances of the Mortgage Loans, including all unpaid principal, unpaid and accrued interest and fees, shall be paid in full on the Mortgage Loan Maturity Date.
The principal balance of this Mortgage Loan Note, together with all other unpaid interest, fees, expenses and other sums due to the holder, shall be paid in full on or before the Mortgage Loan Maturity Date.
Immediately upon the occurrence of an Event of Default and after the Mortgage Loan Maturity Date (if the Mortgage Loan is not paid in full on or before the Mortgage Loan Maturity Date), at Lender's election in its discretion, the Mortgage Loan will bear interest at the Default Rate.
All principal payments of the Mortgage Loans deferred during the Deferment Period shall be due and payable on the Mortgage Loan Maturity Date.
The aggregate unpaid principal balances of the Mortgage Loans shall be paid to the Administrative Agent for the ratable accounts of the Mortgage Loan Lenders in consecutive monthly installments in the principal amount of Twenty-Five Thousand Five Hundred Sixty-Six Dollars and Sixty-Seven Cents ($25,566.67) payable on the Principal Payment Dates of each consecutive month beginning on July 15, 2021 and continuing until the Mortgage Loan Maturity Date.
The Borrower will pay interest on the outstanding principal amount of the Mortgage Loan from the date hereof until payment of the Mortgage Loan in full such interest to be payable monthly in arrears commencing on the first day of the next month following the date of this Agreement (the “First Mortgage Loan Payment Date”) and thereafter on the first day of each subsequent month until the Mortgage Loan Maturity Date.
The aggregate unpaid principal balances of the Mortgage Loans shall be paid to the Administrative Agent for the ratable accounts of the Mortgage Loan Lenders in consecutive monthly installments in the principal amount of Twenty-Five Thousand Five Hundred Sixty-Six Dollars and Sixty-Seven Cents ($25,566.67) payable on the Principal Payment Dates of each consecutive month beginning on August 15, 2021 and continuing until the Mortgage Loan Maturity Date.
Commencing on the First Mortgage Loan Payment Date and continuing until the Mortgage Loan Maturity Date, Borrower shall make fixed principal payments on a monthly basis in the amount of $13,889.00 based upon a fifteen (15) year amortization schedule under the Mortgage Note.
Upon the Mortgage Loan Maturity Date, the entire remaining balance of the Mortgage Loan shall be immediately due and payable.
Fixed monthly payments of principal, based upon a twenty (20) year amortization schedule, as specified in the amortization schedule attached hereto as Schedule 2.2.3, will be due on the 27th day of each month commencing June 27, 2009, subject to adjustment in accordance with the Following Business Day Convention, until the Mortgage Loan Maturity Date, when all outstanding principal and accrued and unpaid interest under the Mortgage Loan shall be due and payable in full.