New Jersey Mortgage definition

New Jersey Mortgage means that certain first priority Mortgage, Assignment of Leases and Rents and Security Agreement (New Jersey), dated the date hereof, executed and delivered by New Jersey Borrowers as security for the Loan and encumbering the New Jersey Properties, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
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New Jersey Mortgage means, collectively, (i) the Mortgage, dated as of the date hereof, by Atlantic City, as mortgagor, to the Trustee, as mortgagee, and (ii) the Assignment of Rents, Income and Profits, dated as of the date hereof by Atlantic City to the Trustee, with respect to the real property in Atlantic City, New Jersey owned by Atlantic City as of that date, and the other real property and improvements described therein, in substantially the form attached hereto as Exhibit G, as amended or modified from time to time.
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New Jersey Mortgage means that certain Amended and Restated ------------------- Mortgage, Assignment and Security Agreement dated of even date herewith recorded or to be recorded in the Middlesex County, New Jersey records, as may have been or may be amended, restated, modified or supplemented from time to time.
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Examples of New Jersey Mortgage in a sentence

  • Case law also shows that term “continuity of interest” as provided in the IRS regulation is at times used interchangeably with the term “continuity of control.” See e.g. New Jersey Mortgage and Title Co. v.

  • Case law also shows that term ―continuity of interest‖ as provided in the IRS regulation is at times used interchangeably with the term ―continuity of control.‖ See e.g. New Jersey Mortgage and Title Co. v.

  • HomeAmerican Credit, Inc., d/b/a Upland Mortgage, a Pennsylvania corporation, or its successor in interest and New Jersey Mortgage and Investment Corp., a New Jersey corporation, or its successor in interest.

  • Such Borrower has good, marketable and insurable fee simple title to the Property with respect to which it has granted a Lien under the New York Mortgage, the New Jersey Mortgage or the Connecticut Mortgage, as applicable, free and clear of all Liens whatsoever except the Permitted Encumbrances, such other Liens as are permitted pursuant to the Loan Documents and the Liens created by the Loan Documents.

  • The facts establish that the Whites entered into a note for $60,800 in September 2000 with the New Jersey Mortgage and Investment Corporation, which was secured by a mortgage on the property here in question.

  • Case law also shows that term―continuity of interest‖ as provided in the IRS regulation is at times used interchangeably with the term ―continuity of control.‖ See e.g. New Jersey Mortgage and Title Co. v.

  • Subject to the conditions of applicable law, if the holder of a Security is a borrower or guarantor on a loan, lease or other obligation owned by one of the Company's affiliates or subsidiaries, including, but not limited to American Business Credit, New Jersey Mortgage and Investment Corp.

  • American Business Credit, Inc., HomeAmerican Credit, Inc., d/b/a Upland Mortgage and New Jersey Mortgage and Investment Corp.

  • Bona fide jointly- trusteed benefit plans or authorized employee deductions programs established or negotiated under the applicable Schedule A Agreement or by the Parties to his Agreement during the life of this Agreement may be added, provided that the contributions do not exceed the amounts set forth in the applicable prevailing wage determination.

  • DOBI officials worked closely with the New Jersey Bankers Association, Mortgage Bankers Association of New Jersey, and the New Jersey Mortgage Brokers Association to place consumer loans that were in process at the time firms became insolvent.


More Definitions of New Jersey Mortgage

New Jersey Mortgage means the mortgage over the New Jersey Property dated 16th January 1998.
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New Jersey Mortgage means the Mortgage executed by Atlantic City, ------------------- Xxxxxx, Inc. and FCR Boardwalk, Inc. as of October 2, 1996 with respect to the Real Property in Atlantic City, New Jersey owned by them as of that date, and the other real property and improvements described therein, together with the related Assignment of Rents, in each case as amended and restated in connection herewith, and as it may from time to time hereafter be further supplemented, modified, amended, extended or supplanted.
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Related to New Jersey Mortgage

  • Blanket Mortgage The mortgage or mortgages encumbering a Cooperative Property.

  • Facility Mortgage As defined in Section 13.1.

  • Ship Mortgage means a Ship Mortgage or Additional Ship Mortgage substantially in the form of Exhibit E-2 to the 2008 Credit Agreement (with such changes as are reasonably consented to by the Collateral Agent to account for local law matters) made by the applicable Loan Party in favor of Collateral Agent for the benefit of the Secured Parties, as the same may be amended, supplemented or otherwise modified from time to time, together with an Earnings Assignment and an Insurance Assignment made by the applicable Loan Party for each Mortgaged Vessel, and such other agreements reasonably acceptable to Collateral Agent as shall be necessary to comply with applicable requirements of law and effective to grant in favor of Collateral Agent for the benefit of the Secured Parties a first preferred mortgage within the meaning of the Ship Mortgage Act on the Mortgaged Vessel covered thereby, subject only to Permitted Liens.

  • Primary Mortgage Insurance Insurance obtained from a Primary Mortgage Insurer which insures the holder of a Mortgage Note against loss in the event the related Borrower defaults under such Mortgage Note or the related Security Instrument, including all riders and endorsements thereto.

  • FHA Mortgage Insurance means, mortgage insurance authorized under the National Housing Act, as amended from time to time, and provided by the FHA.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • Reverse mortgage means a nonrecourse loan under which both of the following apply:

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

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

  • First Mortgage means a Mortgage that constitutes a first Lien on the real property and improvements described in or covered by that Mortgage.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Security Instruments means, collectively, (a) the Mortgages, (b) the Transfer Letters, (c) the Pledge Agreements, (d) the Security Agreements, (e) each other agreement, instrument or document executed at any time in connection with the Pledge Agreements, the Security Agreements, or the Mortgages, (f) each agreement, instrument or document executed in connection with the Cash Collateral Account; and (g) each other agreement, instrument or document executed at any time in connection with securing the Obligations.

  • Mortgage Instruments means such title reports, title insurance, opinions of counsel, surveys, appraisals and environmental reports as are requested by, and in form and substance reasonably acceptable to, the Administrative Agent from time to time.

  • Security Instrument A written instrument creating a valid first lien on a Mortgaged Property securing a Mortgage Note, which may be any applicable form of mortgage, deed of trust, deed to secure debt or security deed, including any riders or addenda thereto.

  • Fee Mortgage Any mortgage, pledge agreement, security agreement, assignment of leases and rents, fixture filing or similar document creating or evidencing a lien on Landlord’s interest in the Leased Property or any portion thereof (or an indirect interest therein, including without limitation, a lien on direct or indirect interests in Landlord) in accordance with the provisions of Article XXXI hereof.

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).

  • Lender-Paid Mortgage Insurance Loan Each of the Mortgage Loans identified on the Mortgage Loan Schedule as having a Lender-Paid Mortgage Insurance Rate.

  • Facility Mortgagee means the holder of any Facility Mortgage.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Underlying Mortgaged Property With respect to each Co-op Loan, the underlying real property owned by the related residential cooperative housing corporation.

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • Lender-Paid Mortgage Insurance Rate With respect to any Lender-Paid Mortgage Insurance Loan, a per annum rate equal to the percentage indicated on the Mortgage Loan Schedule under the heading "Lender-Paid Mortgage Insurance Rate."

  • Mortgage Amendments as defined in Section 6.11(a).

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Mortgage Amendment means an amendment to an Existing Mortgage or an amendment and restatement of an Existing Mortgage, in each case in form and substance reasonably acceptable to the Collateral Agent.