original principal face amount of the mortgage

In the event of a default, the mortgagee shall be entitled to receive the benefits of insurance in accordance with section 1713 of this title , but such insurance benefits shall not include the mortgagee’s share of net appreciated value. The term “original principal face amount of the mortgage” as used in section 1713 of this title shall not include the mortgagee’s share of net appreciated value.

Source

12 USC § 1715z-18(c)


Scoping language

as used in section 1713
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