24 C.F.R. § 200.101 Mortgagor lien certificate.
Title 24 - Housing and Urban Development
The mortgagor shall certify at the final endorsement of the mortgage for insurance as to each of the following: (a) That the mortgage is the first lien upon and covers the entire project, including any equipment financed with mortgage proceeds. (b) That the property upon which the improvements have been made or constructed and the equipment financed with mortgage proceeds are free and clear of all liens other than the insured mortgage and such other liens as may be approved by the Commissioner. (c) That the certificate sets forth all unpaid obligations in connection with the mortgage transaction, the purchase of the mortgaged property, the construction or rehabilitation of the project or the purchase of the equipment financed with mortgage proceeds.
Title 24: Housing and Urban Development
PART 200—INTRODUCTION TO FHA PROGRAMS
Subpart A—Requirements for Application, Commitment, and Endorsement Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Existing Projects
Endorsement
§ 200.101 Mortgagor lien certificate.
