Loan Documents for Defeasance Transactions


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The following loan documents should be used in connection with mortgage transactions which utilize the Defeasance option.

Each document is presented as a Microsoft® Word file. To view or download the document, left click on the link to open and/or save the file.

NumberTitle
4528 Defeasance Assignment and Assumption Agreement
4630 Defeasance Authorization for ACH Remittance
4622 Defeasance Notice
4550.DEF Defeasance Opinion of Borrower's Counsel
4529 Defeasance Pledge Agreement
4631 Defeasance Transmittal Form
4178B Note -- Schedule A -- Prepayment Premium -- Alternative Defeasance Option
4178 Note -- Schedule A -- Prepayment Premium -- Original Defeasance Option
4184B Note -- Schedule B -- Modifications to Note -- Alternative Defeasance Option -- 30/360
4184 Note -- Schedule B -- Modifications to Note -- Original Defeasance Option -- 30/360
4185B Note -- Schedule B -- Modifications to Note -- Alternative Defeasance Option -- Actual/360
4185 Note -- Schedule B -- Modifications to Note -- Original Defeasance Option -- Actual/360
4078B Security Instrument Modification -- Alternative Defeasance Option
4078 Security Instrument Modification -- Original Defeasance Option

Important Legal Notice
Any multifamily lender is authorized to reproduce verbatim and use the forms accessible from this page solely in the course of its regular lending business activities. All other restrictions described in the Legal Information section of the Web site remain in full effect. All conditions applicable to Fannie Mae approved Multifamily Lenders remain in full effect. All users are advised that most changes to the Fannie Mae form Loan Documents (even those made using a standard Fannie Mae modification Exhibit or Schedule) must be approved in writing by Fannie Mae prior to the delivery for purchase of any Multifamily Loan to Fannie Mae.

The forms accessible from this page are revised on a regular basis. Fannie Mae is not responsible to notify any user, other than Fannie Mae approved Multifamily Lenders, of any changes made to the Loan Documents. The user is responsible for determining whether it has the most up-to-date publication.