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 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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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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Examples of New Jersey Mortgage in a sentence

  • 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.

  • COUNTY OF _____________ ) On March __, 1998 before me, the undersigned, a Notary Public in and for said County and State, personally appeared _________________, personally known to me (or proved to me on the basis of satisfactory evidence) to be __________________ of New Jersey Mortgage Investment Corp., a New Jersey corporation the entity that executed the within Unaffiliated Seller's Agreement; on behalf of said corporation, and acknowledged to me that said corporation executed it.

  • New Jersey Mortgage also originates Federal Housing Authority ("FHA") and Veterans Administration ("VA") loans which are subsequently sold to third parties with servicing released.

  • Xxxxxxxx, Xx., Fax: 610/000-0000 Chairman New Jersey Mortgage & Investment Corp.

  • 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.

  • All remaining obligations of ABC and Upland incurred under the Note are hereby assumed by the Borrowers (including New Jersey Mortgage) and included as obligations under the New Note.

  • ABC owns all of the capital stock of (i) ABC Holdings Corp., a Pennsylvania corporation ("ABC Holdings"), (ii) American Business Finance Corp., a Delaware ("ABFC"), (iii) ABL, (iv) HomeAmerican Consumer Discount Company, a Pennsylvania corporation ("Discount"), (v) HomeAmerican Credit, Inc., a Pennsylvania corporation ("HAC"), (vi) New Jersey Mortgage & Investment Corp., a New Jersey corporation ("NJMI"), and (vii) Processing Service Center, Inc., a Pennsylvania corporation ("Processing").

  • COUNTY OF _____________ ) On September 29, 1998 before me, the undersigned, a Notary Public in and for said County and State, personally appeared _________________, personally known to me (or proved to me on the basis of satisfactory evidence) to be __________________ of New Jersey Mortgage Investment Corp., a New Jersey corporation the entity that executed the within Unaffiliated Seller's Agreement; on behalf of said corporation, and acknowledged to me that said corporation executed it.

  • The Purchaser shall have delivered to the Sellers Representative a certificate signed by an authorized officer of Purchaser dated as of the Closing Date, stating that the preconditions specified in subsections (a), (b) and (c) above have been satisfied.

  • The Nevada Deed of Trust and the New Jersey Mortgage create a valid Lien in the Collateral described therein securing the Obligations, other than those arising under Sections 4.18, 5.11 and 11.22, ----- ---- (subject only to Permitted Encumbrances, Permitted Rights of Others and matters described in Schedule 4.7), and all action necessary to perfect the Lien so created, other than recordation or filing thereof with the appropriate ----- ---- Governmental Agencies, has been taken and completed.


More Definitions of New Jersey Mortgage

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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New Jersey Mortgage means the mortgage over the New Jersey Property dated 16th January 1998.
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Related to New Jersey Mortgage

  • Facility Mortgage As defined in Section 13.1.

  • Ship Mortgage shall have the meaning set forth for such term in the Intercreditor Agreement. Notice of Assignment ASSIGNMENT OF INSURANCE BY INTERNAL CHARTERERS Vantage Driller I Co. NOTICE OF ASSIGNMENT To Whom It May Concern: Vantage Driller IV Co., an exempted company incorporated with limited liability under the laws of the Cayman Islands (the “Assignor”), HEREBY GIVES NOTICE that by an Assignment, dated October 25, 2012, and made by the Assignor to Xxxxx Fargo Bank, National Association (the “Assignee”), as Pari Passu Collateral Agent (as defined under the Intercreditor Agreement defined below), the Assignor assigned to the Assignee all of the Assignor’s right, title and interest in and to all insurances and the benefit of all insurances heretofore, now or hereafter taken out in respect of the Panamanian flag vessel TOPAZ DRILLER and all proceeds thereof. This Notice and the attached Loss Payable Clauses are to be endorsed on all policies and certificates of entry evidencing such insurances.

  • 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.

  • 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, ALTA title insurance policies (with endorsements), evidence of zoning compliance, property insurance, flood certifications and flood insurance (and, if applicable FEMA form acknowledgements of insurance), opinions of counsel, ALTA surveys, appraisals, environmental assessments and reports, mortgage tax affidavits and declarations and other similar information and related certifications as are requested by, and in form and substance reasonably acceptable to, the Administrative Agent from time to time.

  • Security Instrument means the multifamily mortgage, deed to secure debt or deed of trust effective as of the effective date of this Note, from Borrower to or for the benefit of Lender and securing this Note.

  • 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 agreement ’ means the note or debt instrument and the mortgage instrument, deed of trust instrument, trust deed, or instru- ment or instruments creating the mortgage, including any instrument incorporated by ref- erence therein (including any applicable regu- latory agreement), and any instrument or agreement amending or modifying any of the foregoing;

  • 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.

  • 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.