Mortgage Modification Agreement definition

Mortgage Modification Agreement signed by ▇▇▇▇▇▇▇▇ in favor of ▇▇▇▇▇▇ is given as security for the "Renewal Note" which was exempt from tax as heretofore described. s. 201.09(2), F.S., provides that:

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Mortgage Modification Agreement means the Mortgage Modification Agreement dated as of March 22, 1995 by and between Borrower and CITBC. Non-Brattleboro Equipment shall mean all present and hereafter acquired machinery, equipment, furnishings and fixtures owned by any Obligor, and all additions, substitutions and replacements thereof, wherever located (other than at the Brattleboro, Vermont property owned by Borrower), together with all attachments, components, parts, equipment and accessories installed thereon or affixed thereto and all proceeds of whatever sort. Non-Brattleboro Real Estate shall mean the fee and/or leasehold interests in the real property of the Borrower or any Obligor (other than those interests in the Brattleboro, Vermont property).

Mortgage Modification Agreement means an Amendment to the Prior Mortgage to reflect an increase in the amount secured thereby to the amount of the Tranche A Loan, in the form appended hereto as Exhibit M.

Examples of Mortgage Modification Agreement in a sentence

• The term “Loan Documents” shall be amended to also include this First Note and Mortgage Modification Agreement, the First Amendment to the CDBG Agreement, and the Amended and Restated Declaration of Restrictive Covenant and other documents executed in connection with this Project.

• Mortgagor and Mortgagee have executed this Mortgage Modification Agreement as of the day and year first set forth above.

• The term “Loan Documents” shall be amended to also include the Note, Mortgage, Amended Declaration of Restrictive Covenant Containing Land Use and Income Restrictions, First Note and Mortgage Modification Agreement, the First Amendment to the NSP Agreement, and the Second Amended and Restated Declaration of Restrictive Covenant Containing Land Use and Income Restrictions, and other documents executed in connection with this Project.

• The Borrower shall have executed and delivered to the Agent for the benefit of the Agent and the Lenders, the Mortgage Modification Agreement (Brattleboro, Vermont) dated December 31, 1996 by and between the Borrower and CITBC, and such Mortgage Modification Agreement (Brattleboro, Vermont) shall have been delivered to a title company for recording.

• In Witness Whereof, the parties have executed this Note and Mortgage Modification Agreement as of the date first above written.

• Borrower shall report all money received and expended from the Working Capital Account as part of the reporting statements to be delivered by Borrower to Lender as more particularly provided in the Notes and Mortgage Modification Agreement.

• Commencing on January 1, 1996, and continuing on the first day of each month thereafter occurring until the Consolidated Indebtedness is paid in full, Pledge Agent shall pay Lender, to the extent funds are available in the Reserve Account, the amount then due Lender under the Notes and Mortgage Modification Agreement (receipt of a copy of which Pledge Agent acknowledges) within the time periods called for in the said Agreement.

• Additionally, Maker shall pay all costs related to the updated appraisal and any and all costs attendant to closing of the Loan Increase, including legal fees related to documentation required to properly evidence the Loan Increase, including but not limited to an Amended and Restated Note and Mortgage Modification Agreement.

• At closing Borrower shall execute and deliver to Bank a Future Advance Revolving Mortgage Note in the maximum principal amount of $5,000,000.00, a Consolidated Revolving Mortgage Note in the maximum principal amount of $20,000,000.00, a Future Advance and Mortgage Modification Agreement, and such other documents and certificates as Bank may reasonably request, each of which shall be satisfactory in form and substance to the Bank.

• Authorizing and Approving the Amendment to 19 Economic Development Agreement, Mortgage Modification Agreement, 20 Amended and Restated Promissory Note and related loan documents.

More Definitions of Mortgage Modification Agreement

Mortgage Modification Agreement means, with respect to an Additional Lot or an Additional Unit, the Mortgage Modification Agreement or Deed of Trust Modification Agreement relating thereto to be executed by United Homes in connection with the addition of the Additional Lots or the Additional Units to the lien of the Mortgage.

Mortgage Modification Agreement means collectively those mortgage modification agreements modifying the mortgages on the Real Property securing the Obligations together with all extensions, renewals, amendments, supplements, modifications, substitutions and replacements thereto and thereof.

Mortgage Modification Agreement has the meaning specified in Section 5.1(a)(ii).

Mortgage Modification Agreement means the Mortgage Modification Agreement of even date herewith by and between the Borrower and the Lender.

Mortgage Modification Agreement means a written agreement to modify the interest rate or other terms of a residential mortgage to avoid default of the mortgage or foreclosure proceedings."

Mortgage Modification Agreement means the document, entitled "Mortgage Modification Agreement," that was executed by and between Miami and ▇▇▇▇▇▇ on or about April 24, 1998, which purports to amend the terms of the ▇▇▇▇▇▇ Mortgage and/or the Miami-▇▇▇▇▇▇ Note, a copy of which is set forth in Appendix I, Item 18, as is described in Recital Paragraph No. 14 of this Agreement.