The cures provided for herein try collective and are maybe not private of every most other treatments provided with law
Debtor agrees to spend so you can Lender sensible attorneys’ costs and you will realistic court expenditures incurred during the enforcing Lender’s rights, energies and you will cures under which Arrangement and every other Mortgage File
Section 7.03 Due and you can 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 navigate to this site 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 meeting off Default hereunder and you will below one Notice otherwise significantly less than all Loan Records is going to be deemed is continued except if and up to waived on paper of the Financial, as the offered within the Part eight
Section 7.05 Standard 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 8.01 Entire 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 effected in line with this article VIII will getting joining through to Financial and Borrower; and you can Lender’s failure to insist on the brand new rigid show of any identity, condition or other provision of the Arrangement, this new Mention or all Mortgage Records, or even to get it done one proper otherwise answer hereunder or thereunder, shall perhaps not make up a great waiver from the Lender of every instance label, condition or other provision or Standard otherwise Event from Default when you look at the commitment therewith, neither should just one or limited take action of any like proper or remedy preclude various other otherwise coming do so, and/or get it done of every almost every other correct otherwise solution; and you will one waiver of any such name, standing or any other supply or of every like Default or Enjoy regarding Default shall perhaps not affect otherwise change which Contract, the latest Mention otherwise all Loan Files, and each and every term, reputation or any other supply regarding the Agreement, the fresh new Note in addition to Mortgage Data will, such skills, continue in full push and you may perception and are going to be surgical having respect to almost any other then established otherwise next Standard or Skills away from Default from inside the commitment therewith. 02.