Common use of ACCELERATION OF THE INDEBTEDNESS Clause in Contracts

ACCELERATION OF THE INDEBTEDNESS. During the continuance of any such Event of Default, Mortgagee, by written notice given to Mortgagor, may declare the entire principal of the Note then outstanding (if not then due and payable), and all accrued and unpaid interest thereon, together with all other Indebtedness, to be due and payable immediately, notwithstanding anything to the contrary herein or in the Note or the other Loan Documents;