MORTGAGOR OR BORROWER definition

MORTGAGOR OR BORROWER the obligor under a Mortgage Loan.
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MORTGAGOR OR BORROWER. The obligor under a Mortgage Loan.
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Examples of MORTGAGOR OR BORROWER in a sentence

  • MORTGAGOR ACKNOWLEDGES AND AGREES THAT THIS SECTION IS A SPECIFIC AND MATERIAL ASPECT OF THIS MORTGAGE AND THAT MORTGAGEE WOULD NOT EXTEND CREDIT TO MORTGAGOR OR BORROWER (AS APPLICABLE) IF THE WAIVERS SET FORTH IN THIS SECTION WERE NOT A PART OF THIS MORTGAGE.

Related to MORTGAGOR OR BORROWER

  • Non-Loan Party means any Subsidiary of the Borrower that is not a Loan Party.

  • Borrower as defined in the preamble hereto.

  • Borrower Party means the Mortgage Loan Borrower, a manager of the Mortgaged Property, an Accelerated Mezzanine Loan Lender or any Borrower Party Affiliate.

  • Mortgagor The obligor on a Mortgage Note.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.