Mortgage (Standard Form Single Family Fannie Mae Freddie Mac) {3015}) | Pdf Fpdf Docx | Indiana

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Mortgage (Standard Form Single Family Fannie Mae Freddie Mac) {3015}) | Pdf Fpdf Docx | Indiana

Last updated: 9/24/2021

Mortgage (Standard Form Single Family Fannie Mae Freddie Mac) {3015})

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Description

Form 3015 - INDIANA--SINGLE FAMILY--FANNIE MAE/FREDDIE MAC UNIFORM INSTRUMENT. This document is a uniform mortgage instrument used for single-family home loans backed by Fannie Mae and Freddie Mac in Indiana. It serves as a legally binding agreement between the borrower and lender, securing repayment of the loan by granting the lender a security interest in the property. It defines key terms, including borrower and lender responsibilities, the promissory note, escrow requirements, and consequences of default. The mortgage outlines payment obligations, the application of payments, rights and duties regarding property ownership, and compliance with applicable laws. It incorporates uniform covenants that apply nationally while incorporating state-specific provisions to ensure enforceability under Indiana law. www.FormsWorkflow.com

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