Common use of BORROWER AND LIEN NOT RELEASED Clause in Contracts

BORROWER AND LIEN NOT RELEASED. From time to time, Lender may, at Xxxxxx’s option, without giving notice to or obtaining the consent of Borrower or any junior lien holder, without liability on Lender’s part and notwithstanding Borrower’s breach of any covenant or agreement of Borrower in this Mortgage, extend the time for payment of said indebtedness or any part thereof, reduce the payments thereon, accept a renewal note or notes therefor, modify the terms and time of payment of said indebtedness, release from the lien of this Mortgage any part of the Property, take or release other or additional security, reconvey any part of the Property, consent to any map or plan of the Property, consent to the granting of any easement, or join in any extension or subordination agreement. Any actions taken pursuant to this paragraph shall not affect the obligation of Borrower to pay the sums secured by this Mortgage and to observe the covenants of Borrower contained herein and shall not affect the lien or priority of lien hereof on the Property. Borrower shall pay Lender title insurance premiums and attorney’s fees as may be incurred at Lender’s option, for any such action if taken at Borrower’s request.

BORROWER AND LIEN NOT RELEASED. From time to time, Lender may, at XxxxxxLender’s option, without giving notice to or obtaining the consent of Borrower or any junior lien holder, without liability on Lender’s part and notwithstanding Borrower’s breach of any covenant or agreement of Borrower in this Mortgage, extend the time for payment of said indebtedness or any part thereof, reduce the payments thereon, accept a renewal note or notes therefor, modify the terms and time of payment of said indebtedness, release from the lien of this Mortgage any part of the Property, take or release other or additional security, reconvey any part of the Property, consent to any map or plan of the Property, consent to the granting of any easement, or join in any extension or subordination agreement. Any actions taken pursuant to this paragraph shall not affect the obligation of Borrower to pay the sums secured by this Mortgage and to observe the covenants of Borrower contained herein and shall not affect the lien or priority of lien hereof on the Property. Borrower shall pay Lender title insurance premiums and attorney’s fees as may be incurred at Lender’s option, for any such action if taken at Borrower’s request.

BORROWER AND LIEN NOT RELEASED. From time to time, Lender may, at Xxxxxx’s Lender's option, without giving notice to or obtaining the consent of Borrower or any junior lien holder, without liability on Lender’s 's part and notwithstanding Borrower’s 's breach of any covenant or agreement of Borrower in this Mortgage, extend the time for payment of said indebtedness or any part thereof, reduce the payments thereon, accept a renewal note or notes therefortherefore, modify the terms and time of payment of said indebtedness, release from the lien of this Mortgage any part of the Property, take or release other or additional security, reconvey any part of the Property, consent to any map or plan of the Property, consent to the granting of any easement, or join in any extension or subordination agreement. Any actions taken pursuant to this paragraph shall not affect the obligation of Borrower to pay the sums secured by this Mortgage and to observe the covenants of Borrower contained herein and shall not affect the lien or priority of lien hereof on the Property. Borrower shall pay Lender title insurance premiums and attorney’s 's fees as may be incurred at Lender’s 's option, for any such action if taken at Borrower’s 's request.

BORROWER AND LIEN NOT RELEASED. From time to time, Lender may, at Xxxxxx’s 's option, without giving notice to or obtaining the consent of Borrower or any junior lien holder, without liability on Lender’s 's part and notwithstanding Borrower’s 's breach of any covenant or agreement of Borrower in this Mortgage, extend the time for payment of said indebtedness or any part thereof, reduce the payments thereon, accept a renewal note or notes therefortherefore, modify the terms and time of payment of said indebtedness, release from the lien of this Mortgage any part of the Property, take or release other or additional security, reconvey any part of the Property, consent to any map or plan of the Property, consent to the granting of any easement, or join in any extension or subordination agreement. Any actions taken pursuant to this paragraph shall not affect the obligation of Borrower to pay the sums secured by this Mortgage and to observe the covenants of Borrower contained herein and shall not affect the lien or priority of lien hereof on the Property. Borrower shall pay Lender title insurance premiums and attorney’s 's fees as may be incurred at Lender’s 's option, for any such action if taken at Borrower’s 's request.

BORROWER AND LIEN NOT RELEASED. From time to time, the Lender may, at Xxxxxx’s the Lender's option, without giving notice to or obtaining the consent of Borrower the Borrower, the Borrower's successors or assigns or of any junior lien holderlienholder or guarantors, without liability on the Lender’s part 's part, and notwithstanding the Borrower’s 's breach of any covenant or agreement of the Borrower in this MortgageAgreement, extend the time for payment of said indebtedness or any part thereof, reduce the payments thereon, release anyone liable on any of said indebtedness, accept a renewal a note or notes therefor, modify the terms and the time of payment of said indebtedness, release from indebtedness and agree in writing with the lien Borrower to modify the rate of this Mortgage any part interest or period of amortization of the Property, take Note or release other or additional security, reconvey any part of change the Property, consent to any map or plan of the Property, consent to the granting amount of any easement, or join in any extension or subordination agreementinstallments payable thereunder. Any actions taken by the Lender pursuant to the terms of this paragraph Section shall not affect the obligation of the Borrower or the Borrower's successors or assigns to pay the sums secured by advanced under this Mortgage Agreement and to observe the covenants of the Borrower contained herein herein, and shall not affect the lien guaranty of any person, corporation, partnership, or priority other entity for payment of lien hereof on the Propertyindebtedness secured hereby. The Borrower shall pay the Lender title insurance premiums and attorney’s a reasonable service charge, together with attorneys' fees as may be incurred at the Lender’s option, 's option for any such action if taken at the Borrower’s 's request.