Common use of Borrower Not Released; Forbearance By Lender Not a Waiver Clause in Contracts

Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by Xxxxxx to any successor in interest of Borrower shall not operate to release the liability of the original Borrower or Xxxxxxxx’s successors in interest. Xxxxxx shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or Xxxxxxxx’s successors in interest. Any forbearance by Xxxxxx in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy.

Appears in 8 contracts

Samples: Deed of Trust, Second Mortgage, Second Mortgage

AutoNDA by SimpleDocs

Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by Xxxxxx to Borrower or any successor Successor in interest Interest of Borrower shall not operate to release the liability of the original Borrower or Xxxxxxxx’s successors any Successors in interestInterest of Borrower. Xxxxxx Lender shall not be required to commence proceedings against any successor Successor in interest Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or Xxxxxxxx’s successors any Successors in interestInterest of Borrower. Any forbearance by Xxxxxx in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy.by

Appears in 3 contracts

Samples: Mortgage, Mortgage, Mortgage

Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums suns secured by this Security Instrument granted by Xxxxxx to any successor in interest of Borrower shall not operate to release the liability of the original Borrower or Xxxxxxxx’s successors in interest. Xxxxxx shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or Xxxxxxxx’s successors in interest. Any forbearance by Xxxxxx in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy.

Appears in 2 contracts

Samples: Mortgage (Shepherd's Finance, LLC), Mortgage (Shepherd's Finance, LLC)

Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by Xxxxxx Lender to any successor in interest of Borrower shall not operate to release the liability of the original Borrower or XxxxxxxxBorrower’s successors in interest. Xxxxxx Lender shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or XxxxxxxxBorrower’s successors successor in interest. Any forbearance by Xxxxxx Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy.

Appears in 2 contracts

Samples: Second Deed of Trust and Security Agreement (Electropure Inc), Second Deed of Trust and Security Agreement (Electropure Inc)

Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for of payment or modification of amortization of the sums secured by this Security Instrument granted by Xxxxxx to any successor in interest of Borrower shall not operate to release the liability of the original Borrower or Xxxxxxxx’s 's successors in interest. Xxxxxx shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or Xxxxxxxx’s 's successors in interest. Any forbearance by Xxxxxx in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy.

Appears in 1 contract

Samples: Mortgage

Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of or amortization of the sums secured by this Security Instrument granted by Xxxxxx to any successor in interest of Borrower shall not operate to release the liability of the original Borrower or and Xxxxxxxx’s 's successors in interest. Xxxxxx shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or Xxxxxxxx’s 's successors in interest. Any forbearance by Xxxxxx in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy.

Appears in 1 contract

Samples: Mortgage

Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for of payment or modification of amortization of the sums secured by this Security Instrument granted by Xxxxxx Lxxxxx to any successor in interest of Borrower shall not operate to release the liability of the original Borrower or XxxxxxxxBxxxxxxx’s successors successor in interest. Xxxxxx Lxxxxx shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or XxxxxxxxBxxxxxxx’s successors in interest. Any forbearance by Xxxxxx Lxxxxx in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy.

Appears in 1 contract

Samples: Mortgage (Assisted 4 Living, Inc.)

AutoNDA by SimpleDocs

Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by Xxxxxx to any successor in interest of Borrower Xxxxxxxx shall not operate to release the liability of f the original Borrower or Xxxxxxxx’s Borrowers successors in interest. Xxxxxx shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or Xxxxxxxx’s 's successors in n interest. Any forbearance by Xxxxxx in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy.

Appears in 1 contract

Samples: Mortgage Agreement (Pinecrest Investment Group Inc)

Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification j of amortization of the sums secured by this Security Instrument granted by Xxxxxx to any successor in interest of Borrower shall not operate to release the liability of the original Borrower or Xxxxxxxx’s 's successors in interest. Xxxxxx shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or Xxxxxxxx’s 's successors in interest. Any forbearance by Xxxxxx in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy.

Appears in 1 contract

Samples: Loan Agreement (Paradise Resorts & Rentals Inc)

Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by Xxxxxx to Borrower and any successor in interest of Borrower shall not operate to release the liability of the original Borrower or Xxxxxxxx’s 's successors in interest. Xxxxxx shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or Xxxxxxxx’s 's successors in interest. Any forbearance by Xxxxxx in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy.

Appears in 1 contract

Samples: Mortgage

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!