24 C.F.R. · Housing and Urban Development
24 C.F.R. § 200.85

Covenant against liens.

Title 24 C.F.R. ● ACTIVE Primary Source
Regulatory Text

24 C.F.R. § 200.85 — Covenant against liens.

§ 200.85 Covenant against liens. (a) The mortgage shall contain a covenant against the creation by the mortgagor of liens against the property superior or inferior to the lien of the mortgage except for such inferior lien as may be approved by the Commissioner in accordance with provisions of § 200.71; and (b) A covenant against repayment of a Commissioner approved inferior lien from mortgage proceeds other than surplus cash or residual receipts, except in the case of an inferior lien created by an operating loss loan insured pursuant to section 223(d) of the Act, or a supplemental loan insured pursuant to section 241 of the Act.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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24 C.F.R. § 200.85
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The regulatory text of 24 C.F.R. § 200.85 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 24 24 C.F.R. § 200.85