Part 221 - Israel Loan Guarantee Standard Terms and Conditions  


Subpart A - Definitions
§ 221.01 - Definitions.
§ 221.1 - Savings clause.
Subpart B - The Guarantee
§ 221.11 - The Guarantee.
§ 221.12 - Guarantee eligibility.
§ 221.13 - Non-impairment of the Guarantee.
§ 221.14 - Transferability of Guarantee; Note Register.
§ 221.15 - Fiscal Agent obligations.
§ 221.251 - Cross-reference.
§ 221.252 - Substitute mortgagors.
§ 221.254 - Mortgage insurance premiums.
§ 221.255 - Assignment option.
§ 221.256 - Interest rate increase and payment of mortgage insurance premiums on mortgages under 221.60 and 221.65.
§ 221.275 - Method of paying insurance benefits.
§ 221.280 - Waived title objections.
§ 221.300 - Changes in the plan of apartment ownership.
§ 221.305 - Condition of the multifamily structure.
§ 221.310 - Assessment of taxes.
§ 221.315 - Certificate of tax assessment.
§ 221.320 - Certificate or statement of condition.
§ 221.325 - Cancellation of hazard insurance.
Subpart C - Procedure for Obtaining Compensation
§ 221.21 - Event of Default; Application for Compensation; payment.
§ 221.22 - No acceleration of Eligible Notes.
§ 221.23 - Payment to A.I.D. of excess amounts received by a Noteholder.
§ 221.24 - Subrogation of A.I.D.
§ 221.501 - Eligibility requirements.
Subpart D - Covenants
§ 221.31 - Prosecution of claims.
§ 221.32 - Change in agreements.
§ 221.751 - Cross-reference.
§ 221.753 - Termination of mortgage insurance.
§ 221.755 - Premiums first, second, third and operating loss loans.
§ 221.761 - Forbearance relief.
§ 221.762 - Payment of insurance benefits.
§ 221.763 - Special insurance benefits — forbearance relief cases.
§ 221.770 - Assignment option.
§ 221.775 - Option period.
§ 221.780 - Issuance of debentures.
§ 221.785 - Date of maturity of debentures.
§ 221.790 - Debenture interest rate.
§ 221.795 - Displacement — below market interest rate mortgages.
Subpart E - Administration
§ 221.41 - Arbitration.
§ 221.42 - Notice.
§ 221.43 - Governing law.
§ 221.800 - Cross-reference.
Appendix A to Part 221 - Application for Compensation