Collateral Agreement
Agreement under which collateral (other than the PropertyPropertyMultifamily residential property securing the Mortgage Loan and including the land (or Leasehold interest in land), Improvements, and personal property (as defined in the Uniform Commercial Code). ) may be pledged, transferred, or otherwise provided to secure the BorrowerBorrowerPerson who is the obligor per the Note. ’s 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