The new treatments sent to here is cumulative as they are not private of every almost every other remedies provided by rules Debtor believes to pay so you’re able to Lender practical attorneys’ charge and you may realistic legal costs sustained within the implementing Lender’s rights, powers and you will treatments not as much as
Debtor believes to pay so you’re able to Lender practical attorneys’ charge and you may realistic legal costs sustained within the implementing Lender’s rights, powers and you will treatments not as much as so it Contract and each almost every other Mortgage File
Section 7.03 Owed 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.
An event out of Default hereunder and not as much as one Note or around some of the Financing Data should be considered getting proceeded unless of course and up until waived in writing of the Financial, since offered inside the Section seven
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 Whole Agreement. 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 line with this post VIII will be binding abreast of Lender and Borrower; and you will Lender’s inability to help you insist upon this new tight overall performance of any title, condition or other provision regarding the Agreement, the latest Notice otherwise some of the Financing Data, or perhaps to do so any right or solution hereunder otherwise thereunder, should perhaps not make up an effective waiver by Bank of any instance label, updates and other provision or Default otherwise Feel off Standard for the connection therewith, neither shall an individual or limited take action of every particularly proper otherwise answer preclude almost every other otherwise coming do so, or perhaps the exercise of any most other correct or solution; and you may people waiver of any instance title, updates or any other supply otherwise of every such as for example Default otherwise Event off Default shall perhaps not apply at or changes https://paydayloanalabama.com/lookout-mountain/ so it Contract, new Notice otherwise any of the Mortgage Records, and every term, updates or other supply of the Arrangement, the newest Mention therefore the Mortgage Records will, this kind of knowledge, remain entirely push and you can impression and you may will be operative which have regard to any most other next current or next Standard or Experience from Default when you look at the relationship therewith. 02.
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