Additional Advance – (CLTA 108.8-06, LTAA 2)
Designed for issuance when the Lender makes an optional advance evidenced by an additional promissory note. The subsequent advance is to be secured by the original mortgage pursuant to an “additional advance” provision contained in the original deed of trust or in a modification agreement.
clta108.8-06CLTA 108.8-06
LTAA 2