Common use of All Debts Clause in Contracts

All Debts. All present and future debts made within 20 years from the date of this Assignment from Assignor to Lender, even if this Assignment is not specifically referenced, or if the future debt is unrelated to or of a different type than this debt. If more than one person signs this Assignment, each agrees that it will secure debts incurred either individually or with others who may not sign this Assignment. Nothing in this Assignment constitutes a commitment to make additional or future loans or advances. Any such commitment must be in writing. In the event that Xxxxxx fails to provide any required notice of the right of rescission, Xxxxxx waives any subsequent security interest in the Assignor’s principal dwelling that is created by this Assignment. This Assignment will not secure any debt for which a non-possessory, non-purchase money security interest is created in “household goods” in connection with a “consumer loan,” as those terms are defined by federal law governing unfair and deceptive credit practices. This Assignment will not secure any debt for which a security interest is created in “margin stock” and Xxxxxx does not obtain a “statement of purpose,” as defined and required by federal law governing securities. This Assignment will not secure any other debt if Lender fails, with respect to that other debt, to fulfill any necessary requirements or limitations of Sections 19(a), 32, or 35 of Regulation Z.

All Debts. All present and future debts made within 20 years from the date of this Assignment Security Instrument from Assignor Mortgagor to Lender, even if this Assignment Security Instrument is not specifically referenced, or if the future debt is unrelated to or of a different type than this debt. If more than one person signs this AssignmentSecurity Instrument, each agrees that it will secure debts incurred either individually or with others who may not sign this AssignmentSecurity Instrument. Nothing in this Assignment Security Instrument constitutes a commitment to make additional or future loans or advances. Any such commitment must be in writing. In the event that Xxxxxx fails to provide any required notice of the right of rescission, Xxxxxx Lender waives any subsequent security interest in the AssignorMortgagor’s principal dwelling that is created by this AssignmentSecurity Instrument. This Assignment Security Instrument will not secure any debt for which a non-possessory, non-purchase money security interest is created in “household goods” in connection with a “consumer loan,” as those terms are defined by federal law governing unfair and deceptive credit practices. This Assignment Security Instrument will not secure any debt for which a security interest is created in “margin stock” and Xxxxxx Lender does not obtain a “statement of purpose,” as defined and required by federal law governing securities. This Assignment Security Instrument will not secure any other debt if Lender fails, with respect to that other debt, to fulfill any necessary requirements or limitations of Sections 19(a), 32, or 35 of Regulation Z.

All Debts. All present and future debts made within 20 years from the date of this Assignment from Assignor Mortgagor to Lender, even if this Assignment Security Instrument is not specifically referenced, or if the future debt is unrelated to or of a different type than this debt. If more than one person signs this AssignmentSecurity Instrument, each agrees that it will secure debts incurred either individually or with others who may not sign this AssignmentSecurity Instrument. Nothing in this Assignment Security Instrument constitutes a commitment to make additional or future loans or MANITEX LOAD KING, INC. South Dakota Mortgage Initials advances. Any such commitment must be in writing. In the event that Xxxxxx fails to provide any required notice of the right of rescission, Xxxxxx Lender waives any subsequent security interest in the AssignorMortgagor’s principal dwelling that is created by this AssignmentSecurity Instrument. This Assignment Security Instrument will not secure any debt for which a non-possessory, non-purchase money security interest is created in “household goods” in connection with a “consumer loan,” as those terms are defined by federal law governing unfair and deceptive credit practices. This Assignment Security Instrument will not secure any debt for which a security interest is created in “margin stock” and Xxxxxx Lender does not obtain a “statement of purpose,” as defined and required by federal law governing securities. This Assignment Security Instrument will not secure any other debt if Lender fails, with respect to that other debt, to fulfill any necessary requirements or limitations of Sections 19(a), 32, or 35 of Regulation Z.

All Debts. All present and future debts made within 20 years from the date of this Assignment from Assignor Mortgagor to Lender, even if this Assignment Security Instrument is not specifically referenced, or if the future debt is unrelated to or of a different type than this debt. If more than one person signs this AssignmentSecurity Instrument, each agrees that it will secure debts incurred either individually or with others who may not sign this AssignmentSecurity Instrument. Nothing in this Assignment Security Instrument constitutes a commitment to make additional or future loans or advances. Any such commitment must be in writing. In the event that Xxxxxx fails to provide any required notice of the right of rescission, Xxxxxx waives any subsequent security interest in the Assignor’s principal dwelling that is created by this Assignment. This Assignment Security Instrument will not secure any debt for which a non-possessory, non-purchase money security interest is created in “"household goods” " in connection with a “"consumer loan,” " as those terms are defined by federal law governing unfair and deceptive credit practices. This Assignment Security Instrument will not secure any debt for which a security interest is created in “"margin stock” " and Xxxxxx Lender does not obtain a “"statement of purpose,” " as defined and required by federal law governing securities. This Assignment Security Instrument will not secure any other debt if Lender failsLender, with respect to that other debt, fails to fulfill any necessary requirements or fails to conform to any limitations of Sections 19(a), 32, the Truth in Lending Act (Regulation Z) or 35 of the Real Estate Settlement Procedures Act {Regulation Z.X) that are required for loans secured by the Property.