Non-Bond Mortgage definition

Non-Bond Mortgage means, collectively, the mortgage or mortgages or other instruments securing the loan made by the Corporation to the Mortgagor in connection with the acquisition, construction and other costs related to the property and the remainder of the building of which the Project is a part.
Non-Bond Mortgage means, collectively, the mortgage or mortgages or other instruments securing the loan made by the Corporation and by HPD, through the Corporation, to the Mortgagor on the date of issuance of the 2007 Bonds with funds other than the proceeds of the 2007 Bonds for the development of the Project.