Examples of Wells Fargo Loans in a sentence
The Depositor will deliver or cause to be delivered the original Mortgage Notes (or lost note affidavits with copies of the related Mortgage Notes, as described in the definition of "Mortgage File") relating to the Wells Fargo Loans to the Trustee, endorsed as otherwise provided herein, xx effect the transfer to the Trustee of such Mortgage Notes and all related deeds of trust, mortgages and other loan documents.
The second of the Wells Fargo Loans was taken out in 2011 in the amount of $1,000,000 at an interest rate of 6.05% in order to purchase the properties located at 717-723 Orizaba Ave., Long Beach, CA and 3116 East 7th St. Long Beach, CA, and 1035-1041 Redondo Ave, Long Beach, CA.
The first of the Wells Fargo Loans was taken out in 2010 in the amount of $246,000 at an interest rate of 6.7% in order to purchase the property located at 3111-3113 East 7th St. Long Beach, CA.
The Depositor will deliver or cause to be delivered the original Mortgage Notes (or lost note affidavits with copies of the related Mortgage Notes, as set forth in the definition of "Mortgage File") relating to the Wells Fargo Loans to the Trustee, endorsed as otherwise provided herein, xx effect the transfer to the Trustee of such Mortgage Notes and all related deeds of trust, mortgages and other loan documents.
In December 2017, we repaid all of the $0.7 million of outstanding borrowings under the Wells Fargo Loans.
The Debtor acknowledges that the Santander Liens are legal, valid, enforceable, non-avoidable, and duly perfected security interests in and liens upon the Santander Collateral.Pursuant to the Wells Fargo Loans, the Debtor granted a purchase money security interest to Wells Fargo (as detailed in the Wells Fargo Loans) against certain vehicles which the Dbetor purchased with the proceeds of the Wells Fargo Loans.
Safe Refuge obtained the Wells Fargo Loans in order to quickly meet the rising demands for substance abuse treatment and support recovery services to homeless and economically disadvantaged adults.
Refinance Wells Fargo Loans $1,000,000 Safe Refuge obtained two Wells Fargo Loans to purchase properties used to deliver substance abuse rehabilitation services.
These loans were subsequently sold by GE Capital to Wells Fargo Bank, N.A. The principal loan balance outstanding under these loans, or the Wells Fargo Loans, as of December 31, 2017 and December 31, 2016 amounted to $0 and $2.4 million, respectively.
By virtue of the various loan documents (collectively, the “Loan Documents”)1 underlying the Wells Fargo Loans, Wells Fargo holds alleged liens on both the Real Property (the “Real Property Liens”) and Financial Interests (the “Financial Interest Liens,” and collectively with the Real Property Liens, the “Wells Fargo Liens”).