List of mortgage clauses

    • [PDF File]Understanding the Mortgage Documents - Freddie Mac

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      STANDARD MORTGAGE CLAUSE IT IS HEREBY PROVIDED AND AGREED THAT: 1. Breach of Conditions by Mortgagor, Owner or Occupant: This insurance and every documented renewal thereof - AS TO THE INTEREST OF THE MORTGAGEE ONLY THEREIN - is and shall be in force notwithstanding any act, neglect, omission or misrepresentation attributable


    • The Effect of the Standard Mortgage Clause in Insurance ...

      The Mortgage or Deed of Trust is a legal document in which the borrower transfers the title to a third party (trustee) to hold as security for the lender. When the loan is paid in full the trustee transfers the title back to the borrower. Since the lender is providing you with


    • [PDF File]THE RIGHTS AND DUTIES OF MORTGAGEES AND LIEN …

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    • [PDF File]Guidelines for Residential*and Commercial*Clauses*

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      REV.May 2012 MORTGAGE CONTACT LIST LENDING INSTITUTION ADDRESS City State Zip PHONE FAX CONTACT NAME E-MAIL COMMENTS Atomic Credit Union - Mortgage Manager 711 Beaver Creek Rd. Piketo OH 45661-0000 (740) 289-5060 (740) 289-5067


    • [PDF File]STANDARD MORTGAGE CLAUSE - Standard Insurance

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      Insurance Requirements for SBA Loans William Tierney Lender Relations Specialist Neefus Connecticut District Office Sean Driscoll, Agent Stype Agency. Hazard Insurance ... minimum, detailed clauses addressing Lender's or assignee's right to hazard insurance proceeds resulting …


    • [PDF File]INSURANCE REQUIREMENTS FOR SBA Loans

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      Loss Payable/Mortgage Clauses Generally, a loss payable clause is a provision in an insurance policy authorizing payment in the event of a loss to a person or entity other than the named insured having an insurable interest in the subject property. Policies issued to protect the interests of a mortgagee usually


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    • Mortgage Clause Legal Definition | Merriam-Webster Law ...

      Mortgage Group, Inc ISAOA/ATIM A Irvine, CA 92619-7068 Accubanc Mortgage Corporation ISAOA/ATIM A PO Box 809048 Dallas, TX 75380-9048 ACT Mortgage Capital ISAOA/ATIM A 481 Sawgrass Corporate Pkwy Sunrise, FL 33325 Aegis Wholesale Corporation ISAOA/ATIM A Springfield, OH 45501-7739 Alliance Mortgage Co ISAOA/ATIM A Jacksonville Fl


    • [PDF File]Condos and Additional Insureds - Kallman Insurance

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      THE EFFECT OF THE STANDARD MORTGAGE CLAUSE IN INSURANCE POLICIES By HARRY P COOPER, JR.* The social interest in the protection of mortgagees has developed in accordance with changes in the business and economic structure. Mort-gages on property of all kinds have become so prevalent and are such a


    • [PDF File]ISAOA City, State Insurance ATIMA Address Zip Dept Phone A

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      that just half of the unit owners (50 on this case) have a mortgage. Now imagine the master policy with 50 mortgage companies listed. Then to top it off imagine a claim to the master building and in your mind imagine the check made payable to the association and 50 mortgage companies.


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