Examples of Subordinate Lienholder in a sentence
Any Subordinate Lienholder who has cured a default shall thereafter have included in its lien the amount of all payments made by such Subordinate Lienholder to cure the default(s), plus interest on such amounts at the rate stated in the note for the mortgage.
Prior to the entry of a judgment of foreclosure, any Borrower/Mortgagor or a Subordinate Lienholder may cure the default(s) under the Mortgage by making a full payment of the delinquency to the Lender/Mortgagee and all reasonable legal and Court costs incurred in foreclosing on the property.
Prior to the entry of a judgment of foreclosure, any Mortgagor or a Subordinate Lienholder may cure any default under the Leasehold Mortgage by tendering the Amount of Delinquency to the Mortgagee, or the Designated Assignee, as applicable, along with reasonable fees and costs incurred by the Mortgagee or the Designated Assignee in connection with the Leasehold Mortgage Foreclosure Proceeding.
Any subordinate Lienholder who has cured a default shall thereafter have included in its lien the amount of all payments made by such Subordinate Lienholder to cure the default(s), plus interest on such amounts at the rate stated in the note for the mortgage.
Any Subordinate Lienholder who has cured a default shall have included in its lien the amount of all payments made by such Subordinate Lienholder to cure the default, plus interest on such amount at the rate stated in the note for the Leasehold Mortgage.