Mortgagors definition

Mortgagors refers solely to the “Mortgagors” (within the meaning of the Pooling and Servicing Agreement) with respect to such Mortgage Loans.

Mortgagors means the mortgagors, grantors of installment sale contracts, grantors of security deeds, grantors of trust deeds and deeds of trust, and the grantors of any Mortgages.

Mortgagors as used in this Lease shall include any mortgagor or any grantor under a deed of trust.

Examples of Mortgagors in a sentence

• The Mortgage obligates the Mortgagor thereunder to maintain the hazard insurance policy at the Mortgagor's cost and expense, and on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at such Mortgagor's cost and expense, and to seek reimbursement therefor from the Mortgagor.

• Nothing in this Section shall limit the obligation of the Master Servicer to observe any applicable law prohibiting disclosure of information regarding the Mortgagors and the failure of the Master Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section.

• The Servicer shall service and administer the Mortgage Loans in accordance with applicable state and federal law and shall provide to the Mortgagors any reports required to be provided to them thereby.

• As part of its servicing duties, the Master Servicer shall, and the Subservicers will, pursuant to the Subservicing Agreements, be required to pay to the Mortgagors interest on funds in this account to the extent required by law.

• Nothing in this Section shall limit the obligation of the Servicer to observe any applicable law prohibiting disclosure of information regarding the Mortgagors and the failure of the Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section.

More Definitions of Mortgagors

Mortgagors means the maker(s), obligor(s) and/or guarantor(s) of a Mortgage Note.

Mortgagors means the obligor(s) on a Mortgage Note.

Mortgagors means, collectively, each Subsidiary Guarantor executing a Mortgage, and “Mortgagor” means any one of the Mortgagors.

Mortgagors means, collectively, each Loan Party executing a Mortgage, and “Mortgagor” means any one of the Mortgagors.

Mortgagors shall also refer to any subsequent owners or lessees of all or any portion of the Mortgaged Property.

Mortgagors. The obligor on a Mortgage Note.

Mortgagors means, collectively, each Subsidiary Guarantor either (a) executing a Mortgage (including the Florida Mortgage) or (b) required to execute a Mortgage after the occurrence of an Event of Default pursuant to Section 4.12, and “Mortgagor” means any one of the Mortgagors.