Value based upon the sum of the gross sales prices of all units (subject to discounts on rent restricted units) plus the aggregate UPB UPBUnpaid Principal Balance of all existing Mortgage Loans Mortgage LoansMortgage debt obligation evidenced, or when made will be evidenced, by the Loan Documents, or  a mortgage debt obligation with a Fannie Mae credit enhancement. Test Notes-SV Test Again Sub-bullet test1 Sub-bullet test2 (prior to any proposed refinancing) secured by a Lien LienLien, mortgage, bond interest, pledge, security interest, charge, or encumbrance of any kind. on the Cooperative Property Cooperative PropertyMultifamily residential property owned by a Cooperative Organization. .