Common use of Action to collect Clause in Contracts

Action to collect. If the mortgage goes into default, we can take legal action to collect what is owed. If we get a judgment against you, we can have other assets of yours used to pay what is owed.

Appears in 4 contracts

Samples: Residential Mortgage, Residential Mortgage, Residential Mortgage

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Action to collect. If the mortgage contract goes into default, we can take legal action to collect what is owed. If we get a judgment against you, we can have other assets of yours used to pay what is owed.

Appears in 1 contract

Samples: Residential Mortgage or Hypothec Switch Agreement

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