The cures sent to here are cumulative and generally are perhaps not personal of every other cures available with laws
Debtor believes to invest to Bank reasonable attorneys’ costs and reasonable judge costs obtain into the enforcing Lender’s legal rights, powers and remedies significantly less than it Contract each other Mortgage Document
Section 7.03 Due and you will 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 Default hereunder and you can lower than any Mention otherwise under the Loan Data files is going to be considered to be carried on unless and up until waived on paper of the Financial, once the given when you look at the Section eight
Section 7.05 Standard Rate. 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 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 or waiver effected prior to this informative article VIII shall become binding through to Financial and you can Borrower; and you can Lender’s inability to help you require new rigorous show of any title, reputation and other provision associated with Contract, the Mention or any of the Financing Records, or even to get it done any right or option hereunder or thereunder, shall maybe not make up an excellent waiver by the Lender of any such as for example identity, reputation or other provision or Default otherwise Experience from Default inside the commitment therewith, nor shall an individual or limited do it of any such as for example proper otherwise remedy preclude various other or coming get it done, or perhaps the do it of every other right or solution; and you will people waiver of every particularly title, standing or other provision otherwise of any eg Default otherwise Feel off Standard should perhaps not connect with or change that it Contract, the latest Note or some of the Loan Files, and each and every identity, standing or other provision for the Arrangement, brand new Notice plus the Loan Documents will, this kind of feel, remain completely push and you can feeling and you will are surgical which have admiration to any other after that existing or then Default advance america cash advance Fort Rucker AL otherwise Feel out-of Default within the commitment therewith. 02.