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mortgage_splitter_agreement.pdf

🔗 Source: americandreamabstract.com

📊 Size: 56 KB

📄 Pages: 5 pages

⬇️ Downloads: 34

Summary

A Mortgage Splitter Agreement is made between a Mortgagor and a Mortgagee, where the Mortgagee holds a Note secured by a Mortgage. The Mortgagor wants to sever, split, and divide the lien of the Mortgage into separate liens, and the Mortgagee consents to this. The agreement states that the Mortgage will be split into separate first mortgage liens on different parcels of land, with each lien securing a specific principal sum and interest. The Mortgagor represents, warrants, and covenants that each separate mortgage is a valid first lien, with no offsets or defenses. The agreement is executed by both parties and acknowledged by a Notary Public.

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Description

A Mortgage Splitter Agreement is made between a Mortgagor and a Mortgagee, where the Mortgagee holds a Note secured by a Mortgage.

Technical Information

File Format: PDF
File Size: 56 KB
Pages: 5
Language: EN
Total Downloads: 34
Last Updated: 2 months ago

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