Common use of Additional Advances and Disbursements; Costs of Enforcement Clause in Contracts

Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of any Event of Default, Grantee shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Grantee under this Section 5.9, or otherwise under this Deed to Secure Debt or any of the other Credit Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest lawful rate at which interest is then computed on any portion of the Indebtedness, and all such sums, together with interest thereon, shall be secured by this Deed to Secure Debt.

Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of any Event of Default, Grantee Mortgagee shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of GrantorMortgagor. All sums advanced and expenses incurred at any time by Grantee Mortgagee under this Section 5.9, or otherwise under this Deed to Secure Debt Mortgage or any of the other Credit Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest lawful rate at which interest is then computed on any portion of the Indebtedness, and all such sums, together with interest thereon, shall be secured by this Deed to Secure DebtMortgage.

Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of any Event of Actionable Default, Grantee Beneficiary shall have the right, but not the obligation, to cure such Event of Actionable Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Grantee Beneficiary under this Section 5.9, or otherwise under the Collateral Trust Agreement, this Deed to Secure Debt or of Trust, any of the other Credit Documents Security Documents, or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest lawful rate at which interest is then computed on any portion of the IndebtednessSecured Debt, and all such sums, together with interest thereon, shall be secured by this Deed to Secure Debtof Trust.