Mortgagee definition

Mortgagee means the mortgagee, grantee or beneficiary under any Mortgage, any holder of legal title to any portion of any Mortgage Loan or, if applicable, any agent or servicer on behalf of such party.

Mortgagee. The mortgagee or beneficiary named in the Mortgage and the successors and assigns of such mortgagee or beneficiary.

Mortgagee means the holder of a Mortgage.

Examples of Mortgagee in a sentence

• All such policies shall name Lessor as additional insured loss payee thereunder and shall name the Leasehold Mortgagee under a standard mortgagee clause, all as their respective interests may appear.

• Mortgagee hereby consents to and subordinates its interest in said Parcel to the foregoing Grant dated , 2024, by and between Mortgagor and the City of Maple Grove.

• With respect to each Mortgage which is a deed of trust, as of the date of origination and, to the Seller’s knowledge, as of the Closing Date, a trustee, duly qualified under applicable law to serve as such, currently so serves and is named in the deed of trust or has been substituted in accordance with the Mortgage and applicable law or may be substituted in accordance with the Mortgage and applicable law by the related Mortgagee.

• The Mortgage or other Mortgage Loan documents provide that to the extent any Rating Agency fees are incurred in connection with the review of and consent to any transfer or encumbrance, the related Mortgagor is responsible for such payment along with all other reasonable out-of-pocket fees and expenses incurred by the Mortgagee relative to such transfer or encumbrance.

• The related Mortgage or related assignment of leases, subject to applicable law, provides that, upon an event of default under each Mortgage Loan, a receiver is permitted to be appointed for the collection of rents or for the related Mortgagee to enter into possession to collect the rents or for rents to be paid directly to the Mortgagee.

More Definitions of Mortgagee

Mortgagee means the record holder of a Mortgage Note secured by a Mortgage.

Mortgagee shall include any purchaser at a foreclosure sale). Lessee's occupancy shall not be disturbed by Mortgagee during the term of this Lease or any extensions or renewals thereof. As indicated in Lease Article X, when Mortgagee is substituted as the Lessee's Lessor, Mortgagee is subject to the obligation of the Lease including any amendments to the Lease. It is the intention of the parties hereto to incorporate the Lease into this Agreement by reference with the same force and effect as if set forth fully verbatim herein.

Mortgagee means, with respect to any Mortgage as of any date of determination, the mortgagee named therein as of such date.

Mortgagee. Any holder of a mortgage, deed of trust or other security instrument encumbering the Property.

Mortgagee means a mortgagee, as defined in the Control Act, of the Burswood Casino Licence, the Site or the rights and benefits of the Trustee under this Agreement, as the case may be;

Mortgagee. The secured party to which a Security Instrument initially grants a lien on the related Mortgaged Property.

Mortgagee means the holder of any Mortgage.