This new treatments sent to here try cumulative as they are perhaps not personal of every most other cures provided with legislation
Borrower believes to pay to help you Financial realistic attorneys’ costs and practical court expenses obtain from inside the implementing Lender’s rights, powers and you will treatments around this Agreement each most other Mortgage File
Section 7.03 Owed and Payable. Upon the occurrence of any Event of Default which has not been waived in writing by Lender, Lender may, by notice to Borrower, declare all Obligations to be immediately due and payable, and any obligation of Lender to make any Loan Advance to Borrower shall thereupon immediately terminate. Upon such declaration, the Obligations shall become immediately due and payable, both as to principal and interest, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, anything contained herein or in the Note or other evidence of such Obligations to the contrary notwithstanding, except with respect to any Event of Default set forth in Section 7.01(d), in which case all Obligations shall automatically become immediately due and payable without the necessity of any notice or other demand, and any obligation of Lender to make any Loan Advance to Borrower shall immediately terminate. Lender e and exercise any or all of the rights, powers and remedies possessed by Lender, whether under this Agreement or any other Loan Document or afforded by applicable law.
A conference regarding Standard hereunder and lower than any Note or under all Mortgage Data are deemed are carried on until and you can until waived on paper by the Lender, as provided inside the Area 7
Section 7.05 Default Rates. Without regard to whether Lender has exercised any other rights or remedies hereunder, if an Event of Default shall have occurred and be continuing, the applicable Margin in respect of the Interest Rate under the Note shall be increased, to the extent permitted by law, as set forth in clauses (iii)(A) and (iii)(B), as applicable, of the definition of Margin.
Section loans Forestdale 8.01 Whole Contract. This Agreement (including the Schedules and Exhibits hereto) constitutes the entire agreement of the parties hereto and supersedes any and all prior or contemporaneous agreements, written or oral, as to the matters contained herein, and no modification or waiver of any provision hereof or of the Note or any of the Loan Documents, nor consent to the departure by Borrower therefrom, shall be effective unless the same is in writing, and then such waiver or consent shall be effective only in the specific instance, and for the purpose, for which it is given.
Section 8.02 Waivers, endment otherwise waiver affected prior to this information VIII shall end up being binding up on Bank and Borrower; and Lender’s incapacity so you can insist upon the new tight overall performance of any label, condition or other supply from the Arrangement, the brand new Notice otherwise all Loan Data files, or to do so one best otherwise answer hereunder or thereunder, should not make-up a good waiver by Lender of every particularly identity, condition and other provision otherwise Standard otherwise Event away from Default from inside the union therewith, nor should just one otherwise partial do it of any including right otherwise solution prevent virtually any or coming get it done, or the get it done of any most other right otherwise answer; and you can people waiver of every including title, status and other supply otherwise of every instance Default otherwise Experience of Standard will perhaps not affect otherwise changes that it Contract, the fresh new Note or some of the Financing Files, and each and every identity, reputation or any other provision with the Agreement, this new Mention and also the Loan Files shall, such experience, keep in full push and you can effect and you may would be operative having regard to your almost every other upcoming existing or after that Standard otherwise Experiences off Default within the union therewith. 02.