Brand new treatments provided for herein is actually cumulative and so are perhaps not exclusive of any most other remedies provided with laws

Brand new treatments provided for herein is actually cumulative and so are perhaps not exclusive of any most other remedies provided with laws

Borrower agrees to spend to Lender reasonable attorneys’ fees and you can realistic legal expenditures incurred within the enforcing Lender’s rights, vitality and you may treatments not as much as that it Arrangement each other Mortgage Document

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Section 7.03 Due and you may 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 meeting away from Standard hereunder and you will around any Note or around some of the Loan Data files are deemed are persisted except if and you can up until waived written down because of the Lender, since the offered inside Point 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 8.01 Entire Arrangement. 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 in accordance with this informative article VIII should end up being binding on Lender and you can Debtor; and you will Lender’s incapacity in order to insist on brand new tight abilities of any identity, condition or any other supply associated with the Agreement, brand new Note or all Loan Records, or perhaps to do so people correct or remedy hereunder otherwise thereunder, should not create a waiver from the Financial of any such as label, updates or other supply or Standard otherwise Experience from Default into the union therewith, nor should a single or limited take action of any eg proper otherwise solution preclude all other or coming get it done, or even the do so of every most other best or answer; and you will one waiver of every instance term, updates and other supply or of any such as Default or Experience out of Standard shall perhaps not affect otherwise transform which Contract, this new Mention otherwise some of the Mortgage Data, and each identity, standing or other provision on the Agreement, the new Mention in addition to Financing Data no wait loans Mcdonald Chapel, AL files shall, this kind of skills, keep in full push and you can feeling and you can is operative which have esteem to almost any other next existing otherwise after that Default or Enjoy out-of Standard inside commitment therewith. 02.

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