 Commerce, economically sound) ; "(4) the mortgage involves a principal obligation which when added to the unpaid balance of the principal obligations of prior mortgages on the vessel (other than mortgages that are being refinanced by this mortgage) will...  Standby Mortgage Legislation - Page 15by United States. Congress. Senate. Committee on Interstate and Foreign Commerce. Subcommittee on Merchant Marine and Fisheries - 1959 - 49 pagesFull view - About this book
 | United States. Congress. House. Merchant Marine and Fisheries - 1959 - 102 pages
...Secretary of Commerce ; (2) the principal obligation of the mortgage to be insured shall not exceed an amount which when added to the unpaid balance of the principal obligations of prior mortgages will exceed 87% or 75 percent, as the case may be, of the actual cost of the vessel to be mortgaged,... | |
 | United States. Congress. Senate. Interstate and Foreign Commerce - 1960 - 276 pages
...the Secretary of Commerce, economically sound) ; "(4) the mortgage involves a principal obligation which when added to the unpaid balance of the principal obligations of prior mortgages on the vessel (other than mortgages that are being refinanced by this mortgage) will result in a sum which will not,... | |
 | United States - 1960 - 924 pages
...the Secretary of Commerce, economically sound) ; "(4) the mortgage involves a principal obligation which when added to the unpaid balance of the principal obligations of prior mortgages on the vessel (other than mortgages that are being refinanced by this mortgage) will result in a sum which will not,... | |
 | United States. Congress. Senate. Commerce - 1966 - 188 pages
...the opinion of the Secretary, economically sound) ; (4) the mortgage involves a principal obligation which when added to the unpaid balance of the principal obligations of prior mortgages on the vessel (other than mortgages that are being refinanced by this mortgage) will result in a sum which will not... | |
 | United States. Congress. House. Committee on Merchant Marine and Fisheries - 1966 - 658 pages
...the Secretary of Commerce, economically sound) ; (4) s* the mortgage involves a principal obligation which when added to the unpaid balance of the principal obligations of prior mortgages on the vessel (other than mortgages that are being refinanced by this mortgage) will result in a sura which will... | |
 | United States. Congress. Senate. Commerce - 1966 - 328 pages
...the Secretary [of Commerce], economically sound) ; (4) the mortgage involves a principal obligation which when added to the unpaid balance of the principal obligations of prior mortgages on the vessel (other than mortgages that are being refinanced by this mortgage) will result in a sum which will not,... | |
 | United States. Congress. Senate. Committee on the Judiciary - 1968 - 372 pages
...of the Secretary of Commerce, economically sound) ; (4) the mortgage involves a principal obligation which when added to the unpaid balance of the principal obligations of prior mortgages on the vessel (other than mortgages that are being refinanced by this mortgage) will result in a sum which will not,... | |
 | United States - 1968 - 1086 pages
...the Secretary of Commerce, economically sound) ; "(4) the mortgage involves a principal obligation which when added to the unpaid balance of the principal obligations of prior mortgages on the vessel (other than mortgages that are being refinanced by this mortgage) will result in a sum which will not,... | |
 | United States - 1972 - 714 pages
...of the Secretary of Commerce, economically sound) ; (4) the mortgage involves a principal obligation which when added to the unpaid balance of the principal obligations of prior mortgages on the vessel (other than mortgages that are being refinanced by this mortgage) will result in a sum which will not,... | |
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