Collateral Agreement
Agreement under which collateral (other than the PropertyPropertyMultifamily residential real estate securing the Mortgage Loan, including the fee simple or Leasehold interest, Improvements, and personal property (per the Uniform Commercial Code). ) may be pledged, transferred, or otherwise provided to secure the Borrower’sBorrower’sPerson who is the obligor per the Note. obligations under a Mortgage LoanMortgage LoanMortgage debt obligation evidenced, or when made will be evidenced, by the Loan Documents, or a mortgage debt obligation with a Fannie Mae credit enhancement. .
Synonyms
Collateral Agreements