Additional Amounts Secured. Any amounts disbursed by Xxxxxx under this Section 9 will become additional debt of Borrower secured by this Security Instrument. These amounts may bear interest at the Note rate from the date of disbursement and will be payable, with such interest, upon notice from Lender to Borrower requesting payment.
Additional Amounts Secured. Any amounts disbursed by Xxxxxx under this Section 6 will become additional debt of Borrower secured by this Security Instrument. These amounts may bear interest at the Note rate (if any) from the date of disbursement and will be payable, with such interest, upon notice from Lender to Borrower requesting payment. [If (i) the Borrower is in default under the Note, (ii) the mortgage securing the first lien note is an FHA-insured mortgage, and (iii) the default results solely from a violation of a legal restriction on conveyance as defined by 24 C.F.R. § 203.41 (such as an owner-occupancy requirement), then the Borrower will not be liable for the Note Holder’s costs and expenses, including attorneys’ fees; the Borrower will, however, be liable to repay the outstanding amount of principal provided to make the Property affordable as low- or moderate-income housing plus a reasonable rate of interest, as applicable.]
Additional Amounts Secured. I will pay to Lender any amounts, with interest, which Xxxxxx spends under this Section 9. I will pay those amounts to Lender when Xxxxxx sends me a notice requesting that I do so. I will pay interest on those amounts at the interest rate set forth in the Note. Interest on each amount will begin on the date that the amount is spent by Xxxxxx. These amounts will become my additional debt that is secured by this Security Instrument.
Additional Amounts Secured. In addition to the Obligor's prompt and full repayment of the Indebtedness, the security interest and pledge created hereby shall secure reimbursement to the Secured Party for: (i) all costs and expenses incurred in collection of all amounts due to the Secured Party from the Obligor, including without limitation, the costs of suit and attorneys' fees in execution of this Agreement and the Note; (ii) prompt performance by the Obligor of his obligations under the Note and this Agreement; and (iii) interest on all of the foregoing at the rates set forth in the Note.
Additional Amounts Secured. In addition to Mr. Faulkner's prompt and full repayment of the Indebtedness, the sexxxxxx xxxxxxxt and pledge created hereby shall secure reimbursement to the Secured Party for: (i) all costs and expenses incurred in collection of all amounts due to the Secured Party from Mr. Faulkner or the Pledgors, including without limitation, the costx xx xxxx xxd attorneys' fees in execution of this Agreement and the Note; (ii) prompt performance by Mr. Faulkner of his obligations under the Note; (iii) prompt performxxxx xx Xx. Faulkner and the Pledgors of their obligations under this Agreemxxx; xxx (xx) interest on all of the foregoing at the rates set forth in the Note.
