Prior mortgage definition

Prior mortgage means a mortgage for which an effective release or satisfaction has not been filed of record which was either paid in full by someone other than the real estate lender or closer or was paid by the real estate lender or closer under a previous transaction.
Prior mortgage means a mortgage, deed of trust, or other instrument encumbering or conveying an
Prior mortgage means a mortgage, deed of trust, or other instrument encumbering or conveying an interest in residential real estate containing not more than one dwelling unit to secure a financing.

Examples of Prior mortgage in a sentence

  • IMCC Palestine will be the only project based in the middle-eastern and arabic regions hereby expanding the IMCC horizon to include Middle-Eastern projects.

  • Prior mortgage the afraid of this agreement OLD host NAME transferred to the range all.

  • Prior mortgage loan payments, property taxes, insurance premiums, and monies spent on home maintenance are not entirely lost.


More Definitions of Prior mortgage

Prior mortgage means the mortgage(s) or similar security document(s) of all or part of the Collateral, to which this Deed of Trust is subordinate, set forth in the title policy insuring the lien hereof together with the note(s) secured thereby and all other documents securing said note(s).
Prior mortgage means a mortgage, deed of trust, or other instrument encumbering
Prior mortgage shall have the meaning assigned to such term in the Mortgage.
Prior mortgage shall have the meaning provided in Recital B.
Prior mortgage. 94 17.08 "Total Capitalization" 94 17.09 "Utility Business" 94 17.10 "Utility Property" 94 17.11 "Exclusive Benefit Covenant" 94 17.12 "Direct Income From the Sale of Real Property" 94 17.13 "Base Rate" 95 17.14 "Excluded Real Property" 95 ARTICLE XVIII APPLICABLE LAW 95 TESTIMONIUM AND SIGNATURES 95-96 ACKNOWLEDGMENTS 97-98 EXHIBIT A (Bond Form and Trustee's Authentication Certificate) EXHIBIT B (Identification of Mortgaged Real Estate) EXHIBIT B-1 (Identification of Excluded Real Property) EXHIBIT B-2 (Identification of Buildings and Equipment AMENDED AND RESTATED MORTGAGE INDENTURE, dated as of the 9th day of August, 1991, made by and between THE ANSONIA DERBY WATER COMPANY, a corporation organized and existing under the laws of the State of Connecticut (hereinafter Called the "Company"), and THE CONNECTICUT NATIONAL BANK, a national banking association organized and existing under the laws of the United States, as Trustee (hereinafter called the "Trustee").
Prior mortgage has the meaning given to it in Recital (B).
Prior mortgage means that Mortgage and Security Agreement executed by Mortgagor to The Prudential Insurance Company of America, dated [June 15, 1989] [_________, 19____] and recorded on [_________, 1989] [_________, 19____], at Book ____, Page _____ of the real property records of ___________ County, _____________, as assigned to Prior Mortgagee and amended by that certain Amendment to Mortgage and Security Agreement dated December ____, 1997, as amended, amended and restated, supplemented or otherwise modified to the extent permitted by the Agreement.