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The Mortgagor definition

The MortgagorÌýhas not filed a bankruptcy petition and has not become the subject of involuntary bankruptcy proceedings and has not consented to the filing of a bankruptcy proceeding against it or to a receiver being appointed in respect of the related Mortgaged Property;
The MortgagorÌýshall include the Mortgagor’s personal representatives and persons deriving title under the Mortgage and where there are two or more persons included in the expression “the Mortgagorâ€� all covenants stipulations and provisions herein contained shall be deemed to be made by such persons jointly and severally;
The MortgagorÌýand "Certain Legal Aspects of the Mortgage Loan", and such sections (and any other sections reasonably requested and pertaining to Mortgagor, the Properties or the Loan) do not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading;

Examples of The Mortgagor in a sentence

  • The Mortgagor has executed a statement to the effect that the Mortgagor has received all disclosure materials required by, and the Seller has complied with, all applicable law with respect to the making of the Mortgage Loans.

  • The Mortgagor on each Mortgage Loan with a Cut-Off Date Principal Balance in excess of $10 million, was, as of the origination of the Mortgage Loan, a Single Purpose Entity.

  • The Mortgagor has executed a statement to the effect that the Mortgagor has received all disclosure materials required by applicable law with respect to the making of adjustable rate mortgage loans.

  • The Mortgagor was not a debtor at the time of origination of the Mortgage Loan and is not currently a debtor in any state or federal bankruptcy or insolvency proceeding.

  • The Mortgagor has not notified the Seller that it is requesting relief under the Servicemembers' Civil Relief Act, and the Seller has no knowledge of any relief requested or allowed to the Mortgagor under the Servicemembers' Civil Relief Act.

  • The Mortgagor has received all disclosure materials required by applicable law with respect to the making of fixed rate or adjustable rate mortgage loans, as applicable.

  • The Mortgagor has executed a statement to the effect that the Mortgagor has received all disclosure materials required by, and the Originator has complied with, all applicable law with respect to the making of the Mortgage Loans.

  • The Mortgagor has not notified Seller, and Seller has no knowledge, of any relief requested or allowed to the Mortgagor under the Servicemembers Civil Relief Act of 2003.

  • The Mortgagor has contributed at least 5% of the purchase price for the Mortgaged Property with his/her own funds.

  • The Mortgagor has executed a statement to the effect that the Mortgagor has received all disclosure materials required by applicable law with respect to the making of adjustable rate mortgage loans, and Seller maintains such statement in the Mortgage File.


More Definitions of The Mortgagor

The MortgagorÌýmeans "the Mortgagor or any subsequent owner or owners of the Mortgaged Property, or both", and the word "the Mortgagee" shall mean "the Mortgagee or any holder or holders from time to time of the Notes."
The MortgagorÌýmeans the person or persons who have executed the Mortgage in favour of the Insured whether singly or jointly as stated in Schedule A
The Mortgagor.Ìý, in relation to a mortgage, means the person for the time being entitled to the equity of redemption; and
The Mortgagor.ÌýSolutia Europe XX/XX Xxxxxxxxxx Xxxxxxxx 0 X-0000 Xxxxxxxx Xxxxxxx Parc Scientifique Xxxxxxx Xxx Xxxx Xxxxxxx 0 X-0000 Xxxxxxx-xx-Xxxxx Xxxxxxx THE MORTGAGEE: KBC Bank NV Xxxxxxxxx 00 X-0000 Xxxxxxxx Xxxxxxx

Related to The Mortgagor

  • Mortgagor The obligor on a Mortgage Note.

  • Trustor has the meaning specified in the first sentence of this Agreement.

  • Mortgagee means the mortgagee, grantee or beneficiary under any Mortgage, any holder of legal title to any portion of any Mortgage Loan or, if applicable, any agent or servicer on behalf of such party.

  • THE LESSEE or any other Person includes without prejudice to the provisions of this Agreement any successor in title to it and any permitted assignee;

  • Mortgage Borrower shall have the meaning ascribed to the term “Borrowerâ€� in the Loan Agreement (Mortgage).