A provision in a loan document stating that the entire amount of unpaid indebtedness owed to the lender may become immediately due and payable if the borrower defaults.

provision that allows a lender to demand payment of the total outstanding balance or demand additional collateral under certain circumstances, such as failure to make payments, bankruptcy, nonpayment of taxes on mortgaged property, or the breaking of loan covenants.

A clause in a mortgage or agreement of sale stating that upon default of a payment due, immediate and full payment of the balance of the obligation becomes due and payable.

A provision in a mortgage that gives the lender the right to demand payment of the balance of the loan immediately, if regular payments are not made as agreed or for breach of other terms of the mortgage.

A provision in a mortgage or note that gives the lender the right to demand payment of the entire outstanding balance in the event of the borrower’s default.

This clause allows the lender to speed up the rate of your loan. In such cases the lender can also demand immediate payment of the entire balance of the loan you owe. This happens if you fail to satisfy the legal obligations in the contract.

MP] A contractual provision that gives the lender the right to demand repayment of the entire loan balance in the event that the borrower violates one or more clauses in the note.

this cause is usually related to a home loan or an agreement of sale, and it gives a lender the right to call in the total amount due on a loan.Often, this clause is intended to allow a lender to recall a loan before a specific agreed-upon date for repayment.In many cases, the debtor can make use of this clause by giving advance notice of intent.An acceleration clause is not automatic on home loans, promissory notes, or agreements of sale.It must be explicitly added to a document.When buying foreclosure homes, it is important that you look over any documents related to the home.If an acceleration clause appears on your mortgage, it should also appear on a promissory note or agreement of sale.

Clause on a mortgage note that gives the lender the right to demand full payment of the outstanding balance in the event of a missed payment.

A clause in a mortgage which provides that where default has occurred in making any payment of monies due under a mortgage or in the observance of any covenant in a mortgage and under the terms of the mortgage, by reason of such default, all monies secured thereby become due and payable.

A provision sometimes used in contracts to accelerate deposit payment schedule or to demand full prepayment of master account in the event of a default or lack of credit by the organization. May also apply in other situations, such as assignments. Sometimes used in a hotel to accelerate deposit payment schedule or to demand full prepayment of master account in the event of a default by organization.

A mortgage provision wherein the mortgagor has the right to demand that the outstanding balance of the loan be paid in full immediately.

Specifies conditions under which the lender may advance the time when the entire debt which is secured by the mortgage becomes due. For example, most mortgages contain provisions that the note shall become due immediately upon sale of the securing land without the lender's consent or upon failure of the landowner to pay an installment when due.

Used in an installment note and mortgage or deed of trust, it gives the lender the right to demand payment in full upon the happening of a certain event, such as a change of ownership without the lender's consent, destruction of the property or some other event which endangers the security of the loan.

A provision of the note that gives the lender the right to demand repayment of the entire balance if the borrower violates a contractual requirement, or is found to have provided false information.

This clause allows the credit grantor also known as the lender to speed up the date when you loan is due or paid off. If you default on the loan the lender has the right to demand payment in full under the "Acceleration Clause".

The right of the lender to demand the immediate repayment of the mortgage loan balance upon the default of the mortgagor, or by using the right vested in the Due-on-Sale Clause. Adjustable rate mortgage aka ARM.

A clause inserted in a note, mortgage or deed of trust which requires immediate payment of the entire debt if certain conditions are violated during the normal terms of the loan. Change of ownership is the standard violation involved although failure to maintain the property, pay taxes, etc. are other factors generally included in this clause.

The lender has the right to demand payment of the entire outstanding balance when the first monthly payment is missed. This is a provision written into a mortgage.

A provision in a mortgage that may require the unpaid balance of the mortgage loan to become due immediately if the regular mortgage payments are not made, or if other terms of the mortgage are not met.

A proviso in an agreement that confers upon the owner the right, while keeping the agreement alive, to recover from the defaulting hirer the entire unpaid balance of the loan amount. In such case, on default in payment of any one installment, the full outstanding balance of the price shall immediately become due.

A clause in a note, trust deed or mortgage advancing the date of maturity of the debt upon the happening of a certain event, such as a sale or transfer of title to property.

A clause that allows the lender to demand payments of the outstanding loan for certain reasons.

This accelerates the payments in a mortgage, where the entire amount becomes immediately due and payable. Most mortgages have this clause, which comes into effect when, for example, you sell the property. This is also called the "Alienation Clause."

A clause used in an installment note and mortgage (or deed of trust), which gives the lender the right to demand payment in full upon the occurrence of a certain even, such as failure to pay an installment payment by a certain date, change of ownership without the lenders consent, destruction of the property or any other event which endangers the security of the loan.

A loan contract clause stating that if you are in default, your creditor can demand payment of the entire balance of your loan at once, before its scheduled maturity.

Any provision in a mortgage document noting that if a payment is missed, or any other provision is violated, the entire debt immediately becomes due.

A clause in a mortgage that allows the lender to collect immediate payment of the balance of the loan when repayment agreement or other conditions of the contract are breached.

Language in the lease that allows the Lessor to declare all amounts due during the entire term of the lease to be due upon default.

A clause in a mortgage instrument that permits the lender to declare the entire balance due and payable in the event of a default on the mortgage terms.

The right of the mortgagee (lender) to demand payment of the principal amount upon default or upon sale of the property.

A loan provision giving the lender the power to declare all sums owing lender immediately due and payable upon the violation of a specific loan provision, such as the sale of the property, or the failure to make loan payments on time. Example : John sells his property to Mary who takes over John's mortgage payments. They do not notify the lender of this transaction. The lender finds out that the title to the property has transferred and calls the loan, since the loan documents state that the loan is due on the sale of the property. John is now liable to pay his lender in full.

A contract stating that the unpaid balance becomes due and ...

A provision in a note or contract which allows the holder to declare the remaining balance due and payable immediately upon the occurrence of a default in the obligation.

A stipulation in a loan contract stating that the entire balance becomes due immediately if other contract conditions are not met.

Allows the lender to demand immediate payment of the balance of the loan in the event the borrower defaults on payments.

The right of the mortgagee (lender) to declare the entire outstanding balance of a loan immediately due and payable (acceleration of the total amount due) in the event the mortgagor (borrower) violates any condition of the mortgage or note, or by using the right vested in the Due-on-Sale Clause.

Loan accelerated due in full following default

A clause that is written into a mortgage giving the lender the right to accelerate or "call" the remaining principal balance of the mortgage when the payments become delinquent.

A clause commonly included in mortgages that gives the holder the right to demand the entire outstanding balance be paid in the event of default. Without this clause, the mortgagee may have to file separate foreclosure suits as each monthly mortgage payment falls due and is in default. The most common reason for accelerating a loan is a monetary default by the borrower.

A clause in a mortgage that provides, at the option of the lender, the Entire unpaid balance of the note would be due immediately upon failure to make a required payment or upon the sale of the property. In the later case it is known as a due-on-sale clause.

A clause in a mortgage or deed of trust that gives the lender the right to declare the entire debt due and payable immediately, should the borrower default.

A clause in a loan document that allows the lender to demand immediate payment of the entire balance of the loan should the borrower default.

A clause in a mortgage note that triggers DUE IN FULL when a home owner / borrower defaults.

A clause (often in mortgages or other loans) where some action will occur ahead of schedule as a result of some other action. For example, an acceleration clause in a loan may mean that the full amount is due immediately if the debtor misses two monthly payments in a row.

A provision in a trust deed, mortgage loan contract, or land contract giving the lender the right to declare the entire remaining balance due and payable immediately because of a violation of one of the convenants in the contract. Also known as Alienation Clause.

A provision in a credit agreement that allows a creditor the opportunity to immediately demand repayment of an entire amount of debt owed because of a debtor's default.

This clause could allow the lending institution to accelerate the rate at which your debt comes due or even to demand immediate payment of the entire balance of the debt should you default on you loan.

A provision in a mortgage that allows the lender to request the remaining balance of the loan if payments are not made on time.

A provision of a mortgage or note which provides that the entire outstanding balance will become due and payable in the event of default.

A clause in a promissory note, mortgage or deed of trust giving the creditor (mortgagee) the legal right to demand immediate payment of all future payments due to the occurrence of some event such as the default on an installment payment or the failure to keep the property adequately insured.

Provision in a mortgage document stating that if a payment is missed or any other provision is violated the whole debt becomes immediately due and payable.

A clause in a mortgage stating that the entire balance of the loan shall become due immediately if a breach of certain conditions occurs.

A provision in a note, mortgage or trust deed that permits the holder to declare the entire unpaid balance due and payable at once upon the happening of some particular event, such as failure to pay an installment on time or sale of the property used as security.

An acceleration clause is a loan provision that gives the lender the right to declare that the entire amount is due immediately, and that it is payable upon a violation in any part of the contract. Another term that is commonly used for this is a due-on-sale clause.

The clause in a mortgage or deed of trust that can be enforced to make the entire debt due immediately if the borrower defaults on an installment payment or other covenant.

Mortgage documents may contain an Acceleration Clause to protect the lender in the event of a default. The clause enables the lender to make the entire principal amount of a mortgage due in the event of a default by speeding up the payment date.

A clause in contracts of debt which makes the entire amount due upon the debtor's default.

A term in a loan contract which enables the lender to move the maturity date of the loan forward if, and when, the borrower defaults on the loan such that the outstanding balance of the loan becomes due and payable immediately.

A clause in your mortgage that gives right to lender to demand repay the loan balance immediately for various reasons such as the sale of the property, or a delinquency in the repayment of the note.

A provision that allows the lender to demand the immediate repayment of the mortgage loan balance due to circumstances such as: failure to make payments, bankruptcy, nonpayment of taxes on mortgaged property, or the breaking of loan covenants.

A provision in a mortgage note that gives a lender the right to demand repayment of the entire balance of the loan under certain conditions, such as the failure to make timely payments or a transfer of the property.

A clause in a mortgage giving lender the right to call all sums owed him to be immediately due and payable upon the happening of a certain stated event.

a loan provision that allows a lender to demand full payment of a loan when a certain act occurs, such as failure to make regular payment, or the transfer of property ownership without the lender's consent.

Allows the lender to speed up the rate at which your loan becomes due or even to demand immediate payment of the entire balance of a loan should you default on your loan or loans.

A clause in a Deed of Trust or note that accelerates or hastens the time when the debt becomes due. For example, most deeds of trust of loans contain a provision that the note shall become due immediately upon the sale or transfer of title of the loan, or upon failure to pay an installment of principal or interest. This is also called a due on sale clause.

Any clause that "accelerates" the due date of a promissory note. This acceleration can be due to a transfer of the property, further encumbrance of the property, etc.

a provision in a mortgage enabling the lender to declare the entire outstanding balance of a loan immediately due and payable in the event the borrower violates any condition of the mortgage or note (such as missing payments).

Provision in a mortgage that allows the lender to demand payment of the entire principal balance if a monthly payment is missed or some other default occurs.

allows the lender to speed up the rate at which your loan comes due, or should you default on your loan to demand immediate payment of the entire outstanding loan balance.

A provision that gives the lender the right to demand payment of the balance remaining if a monthly payment is missed. Additional principal payment A payment by a borrower of more than the scheduled principal amount due in order to reduce the remaining balance on the loan.

A provision in a loan document stating that the entire loan may become immediately due if a certain, predetermined event occurs, such as if the loan goes into default.

A provision of a mortgage requiring payment in full of the balance of the mortgage if monthly payments are missed.

Clause in a deed of trust or mortgage, which "accelerates" the time when the balance of the loan becomes due. For example, some mortgages contain a provision (an acceleration clause) stating that the full amount of the note shall become immediately due and payable upon the sale of the property or if regular mortgage payments are not made.

A clause that gives a lender the right to collect the balance of a loan if the borrower defaults or misses a payment on the loan. This allows the lender to speed up the rate at which the loan becomes due or even to demand immediate payment of the entire balance of the loan if the borrower defaults.

Provision in a mortgage that gives the lender the right to require immediate repayment of the loan balance if regular mortgage payments are not made or if other clauses in the mortgage are breached.

A provision in a mortgage or other contact that gives a party (such as a lender) a right to demand immediate payment of an entire principal balance.

A clause in a promissory note, agreement of sale, or mortgage which gives the lender the right to call all sums due and payable in advance of the fixed payment date upon the occurrence of a specified event, such as a sale, default, assignment or further encumbrance of the property.

This clause in a note and trust deed permits the payee or beneficiary to declare the entire unpaid balance immediately due and payable when a given condition occurs. Such a condition can be the sale of the land. This clause is sometimes called an "alienation clause."

Allows the lender to demand payment of your loan at an accelerated pace, or in full, if there is a default to the terms agreed upon in the note.

A loan provision that allows a lender, according to the terms of a mortgage or other loan contract, to make the entire unpaid balance of the loan (including principal and interest) due and payable if specified events of default should occur. Such conditions include failure to meet loan payments on time, insolvency, and nonpayment of taxes on mortgaged property.

A provision in a mortgage that gives the holder the right to demand all of the outstanding balance immediately.

part of an agreement that gives a lender permission, under certain conditions, to demand all the money owed on a loan.

A clause included in a note or mortgage that requires the entire outstanding balance to be paid if the borrower defaults.

Allows a lender to declare the entire outstanding balance of a loan immediately due and payable should a borrower violate specific loan provisions or default on the loan.

a statement in a contract that stipulates the the entire balance is due immediately in the event that a breach of a contract occurred, such as the debtors failure to make payment when due.

Clause commonly used in installment notes that permits the payee to declare the entire unpaid balance immediately due on default in payment. Such a clause contained in a note secured by deed of trust is subject to a statutory right of reinstatement. See also alienation clause; due-on-sale clause.

A clause in a deed of trust or mortagage giving the lender the right to call all sums owing him or her to be immediately due and payable upon the occurrence of a certain event. It is also a clause that permits a debtor to pay off a loan before the due date.

Condition in a mortgage that gives the lender the right to require immediate repayment of the loan balance if regular mortgage payments are not made, or for breach of other conditions of the mortgage.

A clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. The most common reasons for accelerating a loan are if the borrower defaults on the loan or transfers title to another individual without informing the lender.

Protection for the lender in which the lender is allowed to speed up the rate at which your loan comes due or demand immediate payment of the outstanding balance of your loan should you default for any reason.

Condition in a mortgage that may require the balance of the loan to become due immediately, if regular mortgage payments are not made or for breach of other contract conditions.

A provision which requires that the remaining balance due be paidif the borrower defaults on the loan or transfers title to anotherparty.

A condition in a real estate financing instrument giving the lender the power to declare all sums owing lender immediately due and payable upon the happening of an event, such as the sale of the property, or a delinquency in the repayment of the note.

Provision in a promissory note or security instrument allowing the lender to declare the entire debt due immediately if the borrower breaches one or more of the loan agreement provisions.

A clause in a mortgage or loan. If the borrower fails to live up to her obligations under the mortgage, the lender has the legal right to demand that the full principal of the mortgage may become due and payable immediately upon the failure.

A clause used in a note and/or security agreement which gives the lender the right to demand payment in full if a certain event occurs such as default or if the ownership of the business changes without the lender's consent. Sometimes referred to as a “due on sale” clause.

Requires the balance of a loan to become due immediately. Occurs when regular payments are not made.

A provision in a loan agreement that allows the lender to require the balance of the loan to become due immediately if mortgage payments are not made or there is a breach in your obligation under your mortgage.

A clause commonly included in mortgages and bonds that gives the holder the right to demand the entire outstanding balance be paid in the event of default. Without this clause, the mortgagee may have to file separate foreclosure suits as each installment of the mortgage debt falls due and is in default.

a provision in a promissory note or financing instrument which renders the remaining principal balance of the loan immediately due and payable upon default in any stipulated installment.

If you default on a loan this clause allows the lender to speed up the rate in which the loan is paid off. This can include an entire balance to be paid off immediately.

Allows the lender to demand immediate payment of the balance of the loan should you default on your payments.

A clause in the mortgage note that allows the lender to speed up the rate at which the loans comes due, as well as call the note due and payable immediately upon default.

Allows the lender to speed up the rate at which your loan comes due or even to demand immediate payment of the entire outstanding balance of the loan should you default on you loan.

A loan provision allowing the lender to have credibility to render all assets owed to the lender promptly. The renter is in infraction of the loan provision, such as the sale of the property, or unable to make payments on time.

A provision in a mortgage that gives the lender the right to demand payment of the entire outstanding balance if a monthly payment is missed.

a loan clause that gives the lender the right to declare the entire amount immediately due and payable upon violation of another specific loan provision. This is also often referred to as the Due on Sale Clause.

A clause that stipulates that the entire debt is due and payable upon the occurence of a specified event such as a default by the mortgagor, sale or assignment of the property or the placing of an encumbrance on the property.

A common provision of a mortgage which allows the holder to demand the entire outstanding mortgage balance due and payable in the event of a breach of mortgage contract.

Standard clause in a mortgage that requires the balance of the loan to become due immediately, if regular mortgage payments are not made or for breach of other conditions of the mortgage.

A clause generally included in the body of a real estate contract or note which stipulates that the entire balance of the debt shall become due immediately and payable in the event of a breach of certain conditions of the contract or note. In the event of default on payments, the lender may initiate foreclosure proceedings in an effort to collect the entire balance due.

A provision found within a loan that gives the lender the right to demand payment of the balance remaining if, for example, a monthly payment is missed or if the property is sold or otherwise transferred without the lenders consent.

A clause in an Installment Note permitting the Payee to declare the entire unpaid balance immediately due and payable upon the failure to pay an installment when due. Such a clause is subject, however, to a statutory right of reinstatement in California if the Note is secured by a Deed of Trust or Mortgage not being foreclosed by Judicial Process.

A clause requiring the Buyer to pay the entire principal balance due if certain conditions of the Note are violated. A few examples of these conditions are: failure to make regular installment payments, non-payment of property taxes, and non-payment of hazard insurance premiums.

Stipulation or clause in a mortgage document that may require the loan balance to become due immediately. This condition usually applies if regularly scheduled mortgage payments are not made or if there's a breach of other mortgage conditions.

the part of a contract that says when a loan may be declared due and payable.

A provision in a mortgage that gives the lender the right to demand payment of the entire principal balance if any monthly payments are missed.

Allows the lender (mortgage company) to demand immediate payment of the outstanding loan balance (interest and principal) if the borrower (mortgager) defaults, misses payment(s), or when/if the home is sold (in this case, also know as the due-on-sale clause).

A clause in a deed or mortgage which gives the lender the right to make all sums owing him immediately due and payable. Usually triggered by a certain stated event such as a sale of the property.

A clause in a note, bond or mortgage that provides that, in the event of a default by the debtor, the entire outstanding balance shall become due and payable.

A clause authorizing the lender to collect the total debt if the borrower defaults on his mortgage payments.

If you miss a monthly payment, sell your property or fail to perform as agreed in your loan terms - the lender has the right to demand payment of the entire loan balance. The acceleration clause is a mortgage contract provision.

This is a clause used in a mortgage that can be enforced to make the entire amount of the loan and any interest due immediately. This is usually stipulated if you default on a specified number of installment payments (in some cases, just one payment.)

A condition in a mortgage that may demand the balance of the loan to become due immediately. Possible reasons: if the regular mortgage payments are not made or for violation of other conditions of the mortgage.

Clause in a deed of trust or mortgage, which "accelerates," or hastens, the time when the indebtedness becomes due. For example, some deeds of trust contain a provision (an acceleration clause) stating that the note shall become due immediately upon the sale of the land or upon failure to pay interest or an installment of principal and interest

A contractual provision that gives the lender the right to demand the immediate repayment of the mortgage loan balance if the borrower defaults on the loan or violates one or more clauses of the contract.

Allows the lender to expedite the rate at which your loan comes due or demand immediate payment of the entire balance of the loan in the event you default.

The section of a mortgage document that allows the lender to speed up the payment date in the event of a default, making the entire principal amount due.

A clause in a promissory note shortening the time of payment of the note due to a breach of certain stipulated conditions.

A provision in a written mortgage, note, bond or conditional sales contract that, in the event of default, the whole amount of principal and interest may be declared to be due and payable at once.

The clause in a mortgage or trust deed that stipulates the entire debt is due immediately if the mortgagee defaults under the terms of the contract.

Clause in trust deed or mortgage giving the lender the right to call all sums owing the lender to be immediately due and payable upon the happening of a certain event.

A provision allowing the creditor to ask that all future installments be paid at once if one or more installments have not been paid when due.

A clause that provides the mortgagee (lender) the right to demand immediate repayment of the loan balance upon default of the mortgagor (borrower). "Acceleration" is also triggered by the due on sale clause (demands immediate repayment if the home is sold).

A clause in trust deed or mortgage which requires the loan to be paid-off upon the happening of a certain event, such as the sale of the property. An "alienation" clause is an example of an "acceleration" clause.

Mortgage phrasing which allows the lender to demand complete payment of debt if a mortgage payment is missed.

A provision in a mortgage that gives the lender the right to demand immediate payment of the entire outstanding balance if the borrower breaks the terms or conditions of the note or mortgage.

Provision in a mortgage that gives the lender the right to demand payment of the entire outstanding balance when the first monthly payment is missed.

A clause in a loan contract allowing the lender to call the loan due upon default of the borrower. If the borrower gets behind on payments, the lender may require the borrower to satisfy the entire loan amount in full.

A mortgage condition that allows the lender the right to call the loan and demand full payment.

A provision in a loan agreement that allows the lender to declare the entire unpaid balance due and payable immediately if a given condition occurs (like mortgage payments not made or some other contractual breach).

A mortgage contract provision that gives the lender the right to demand payment of the entire outstanding balance if you miss a monthly payment, sell the property, or otherwise fail to perform as promised under the terms of your mortgage.

Condition in a mortgage that may require the balance of the loan to become due immediately, if regular mortgage payments are not made or the sale of the property.

A common provision of a mortgage or note providing the holder with the right to demand that the entire outstanding balance is immediately due and usually payable in the event of default.

A clause in a contract that states that if a payment is missed, or some other default occurs (such as the debtor becoming insolvent), then the contract is fully due immediately. This is a typical clause in a loan contract; miss one payment and the agreement to pay at regular intervals is voided and the entire amount becomes due and payable immediately.

This is a provision of a lease that allows the lessor, upon default by the lessee, to require all payments due in the future to be made immediately.

A provision that gives the lender the right to collect the balance of a loan if a borrower misses a payment.

A loan provision that gives the lender the right to demand payment of the entire principal balance if the borrower fails to make a monthly payment.

This allows a lender to speed up a loan rate if there is a default on the loan.

A provision that allows a lender the right to demand payment of the entire outstanding balance upon a creditor's missed payment or failure to meet the terms of the contract.

provision allowing the lender to ask for full payment at once, if loan installations are not paid when due

A clause in a note, trust deed, or mortgage advancing or hastening the date of maturity of the indebtedness or obligation upon the happening of a certain event.

The acceleration clause allows a lender to increase the rate at which the loan is paid off if the borrower defaults on the loan. This can result in the lender asking that the balance be paid in its entirety immediately.

A clause frequently contained within an indenture agreement and other contracts. It stipulates that if certain default events should occur, the unpaid balance will become due and payable. Examples of the type of events are insolvency and failure to meet principal, interest or sinking fund payments. See: Indenture; Insolvency

A clause in a mortgage that gives the lender the right to require payment of the entire principal balance if the borrower defaults on an installment payment or other covenant

A clause in a mortgage or trust deed that would allow the lender to call the whole loan due at any time that certain specified events occur, such as a default in payments or sale of the property.

This gives a lender the right to demand immediate full repayment of a loan if the terms of the loan are not met.

When a lender has the right to demand the immediate repayment of all outstanding debt in the case of default under a loan agreement. This acceleration clause is included in most debt and derivative agreements.

A provision in a financial instrument which provides that the occurrence of a default by one party makes that party's outstanding balance immediately due and payable

A provision in some loans, which gives the lender the right to collect the full balance of that loan, if the borrower misses a payment.

A term of a credit contract or mortgage that entitles the bank, under certain circumstances such as default, to be entitled to an immediate payment of all or part of an amount of the contract that would otherwise not be due.

It is a provision in a mortgage that gives the lender the right to demand repayment of the entire principal balance upon the default of the borrower. back

An acceleration clause, in the law of contracts, is a term that fully matures the performance due from a party upon a breach of the contract. Such clauses are most prevalent in mortgages and similar contracts to purchase real estate in installments.