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English to German translations [PRO] Bus/Financial - Insurance / Title insurance
English term or phrase:purchase money mortgage
If the mortgage to be insured is a purchase money mortgage, unless requested by the lender,
judgments/liens against the buyer(s)/borrower(s) which are subordinate to the insured mortgage
are not shown herein. If the mortgage is not a purchase money mortgage, the Company reserves
the right to make additional requirements or exceptions.