What is allonge to note mean?
A document attached to a promissory note or other negotiable instrument containing an indorsement that transfers the note or negotiable instrument over to a third party or bearer. The allonge must be firmly affixed to the note. An allonge is typically delivered to a successor lender when a loan is assigned.
What is the plural of allonge?
allonge (plural allonges)
What is an allonge in real estate?
Allonge (Real Estate Glossary) A transfer instrument attached to a negotiable instrument, such as a promissory note or a bill of exchange, in order to document an assignment of such instrument. An allonge is considered an extension of the instrument itself.
What is allonge in ballet?
aLLonGe: In ballet, an elongated line; in particular, the horizontal line of an arabesque with one arm stretched front and the other back. attitUDe: In ballet, a pose in which one leg is raised in back or in front with knee bent, usually with one arm raised.
What is a allonge endorsement?
From Wikipedia, the free encyclopedia. An allonge (from French allonger, “to draw out”) is a slip of paper affixed to a negotiable instrument, as a bill of exchange, for the purpose of receiving additional endorsements for which there may not be sufficient space on the bill itself.
What is an allonge on a reverse Mortgage?
DEFINITIONS. “Allonge” means any Shared Appreciation Allonge executed by the Borrower as more fully described in Paragraph 12 below. “Borrower” means each person signing at the end of this Note. The term does not include his or her successors or assigns.
What is a Penche in dance?
Penché is a classical ballet term meaning “leaning.” When a dancer is doing or in a penché they are usually bent forward over one leg with the other in arabesque well above 90 degrees. It is usually done by ballerinas in classical ballets, but will also find its way into contemporary ballets too.
What does allonge mean in real estate?
What is an allonge to note?
An allonge is a paper “attached to a negotiable instrument [a promissory note] for the purpose of receiving further endorsements when the original is filled.” The Buchanan Court noted that it was unnecessary to use an allonge because the note did not contain any endorsements (and thus was not “filled”).
What is an allonge mortgage?
An allonge is an attachment to a note on which endorsements are placed. An endorsement is basically the way in which interests in mortgages are transferred from one beneficiary to another. Endorsements are signed by the beneficiary of the mortgage, not the individual who borrowed the money.
What is an allonge form?
Derived from the French word allonger, which means to draw out, allonge is a small piece of paper that is appended to some sort of agreement, most often a contract or other form of negotiable instrument. The purpose of the allonge is to provide room for an authorized signature that functions as an endorsement for the document,…
allonge (plural allonges) (law, banking) A slip of paper attached to a negotiable instrument to hold endorsements should the document itself be unable to hold any more. (fencing) A thrust or pass; a lunge.