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2704.ARM
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1991-06-27
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446b
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18 lines
/* Para. 2704: Mortgage assumed */
The buyer shall assume and agree to pay the following
existing mortgages upon the property. The unpaid principal
balance of these mortgages shall be a credit towards the purchase
price:
@274
At least 5 business days before closing, SELLER shall provide to
BUYER estoppel letters providing the balance, assumability and
current good standing of the above stated mortgage(s).