An open-end mortgage shall mean a mortgage of real estate the terms of which provide that it secures a sum lent by the mortgagee to the mortgagor from time to ... |
For an open end loan, "additional proceeds" is the amount by which the line of credit on the new loan exceeds current principal balance of the existing high ... |
In the event that an open-end mortgage is amended to increase the amount intended to be secured thereby, such mortgage shall be deemed to have been recorded, ... |
Section 28A Subsequent loans from mortgagee; priority · Section 28B Open-end mortgage; subsequent loans from mortgagee · Section 28C Refinancing in the ... |
Note that an entity licensed as a mortgage lender may make both closed-end and open-end mortgage loans in the Commonwealth. ... Additionally, relevant statutes ... |
OPEN-END MORTGAGE AND SECURITY AGREEMENT This is an Open-End Mortgage and Security Agreement and secures future advances pursuant to 42PA C.S.ss.ss.ss.8143 and ... |
25 янв. 2016 г. · An open-end mortgage is one that remains open after it has been delivered to the county recorder, and it permits the lender/mortgagee to make advances on the ... |
Affordable Monthly Payment means the monthly payments on a mortgage loan, which, taking into account the borrower's current circumstances, including verifiable ... |
Browse GENERAL LAWS OF MASSACHUSETTS | Chapter 183 - ALIENATION OF LAND for free on Casetext. ... Section 183:28B - Open-end mortgage; subsequent loans from ... |
12 мар. 2024 г. · An open-end mortgage allows you to finance a home now, with the option to borrow more down the road for home improvements. Не найдено: massachusetts | Нужно включить: massachusetts |
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