Common use of Capitalization of Accrued But Unpaid Interest Clause in Contracts

Capitalization of Accrued But Unpaid Interest. Any accrued and unpaid interest on the Mortgage Loan remaining past due for thirty (30) days or more may, at Lender’s election, be added to and become part of the unpaid principal balance of the Mortgage Loan.

Appears in 11 contracts

Samples: Multifamily Loan and Security Agreement, Multifamily Loan and Security Agreement, Multifamily Loan and Security Agreement

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Capitalization of Accrued But Unpaid Interest. Any accrued and unpaid interest on the Mortgage Loan remaining past due for thirty (30) days or more may, at Lender’s 's election, be added to and become part of the unpaid principal balance of the Mortgage Loan.

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement (Bluerock Residential Growth REIT, Inc.)

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