Debtor agrees to spend so you can Financial practical attorneys’ charge and you may sensible court expenditures sustained in the enforcing Lender’s liberties, energies and you will treatments under this Arrangement and each most other Mortgage File
Section 7.03 Due 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 meeting away from Default hereunder and you can not as much as people Notice or below any of the Mortgage Data can be considered are continued unless and until waived written down because of the Lender, since considering inside the Area 7
Section 7.05 Default Price. 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 otherwise waiver affected prior to this informative article VIII shall getting binding through to Financial and you may Debtor; and you will Lender’s incapacity so you’re able to insist upon new rigorous abilities of any identity, condition or any other supply from the Contract, the Note otherwise any of the Mortgage Data, or even to 5000 loans Clay do it any proper or answer hereunder or thereunder, will perhaps not create an excellent waiver by the Lender of any including label, updates and other supply or Default otherwise Experiences away from Standard when you look at the union therewith, neither shall one or partial get it done of any for example right or answer preclude another otherwise future exercise, or even the do it of any other correct or answer; and you will one waiver of any including title, status or any other provision otherwise of any instance Standard or Experience from Standard should not apply to or change so it Arrangement, the newest Note or all Loan Data, and every term, position or other supply of the Contract, the new Mention plus the Loan Documents will, such experiences, remain entirely force and you may impression and you will are going to be operative which have respect to virtually any almost every other up coming existing or further Default or Skills regarding Default inside connection therewith. 02.