Default Interest and Late Charges. Borrower acknowledges that, without limitation to any of Lender’s rights or remedies set forth in this Security Instrument, Lender has the right following an Event of Default to demand interest on the principal amount of the Note at the Default Rate and late payment charges in accordance with the terms of the Note.
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Samples: And Spreader Agreement and Security Agreement, Mortgage And (Paladin Realty Income Properties Inc), Extension and Spreader Agreement and Security Agreement (Sun Communities Inc)
Default Interest and Late Charges. Borrower acknowledges that, without limitation to any of Lender’s 's rights or remedies set forth in this Security Instrument, Lender has the right following an Event of Default to demand interest on the principal amount of the Note at the Default Rate and late payment charges in accordance with the terms of the Note.
Appears in 2 contracts
Samples: Mortgage and Security Agreement (Cedar Shopping Centers Inc), Mortgage and Security Agreement and Fixture Financing Statement (Venturian Corp)
Default Interest and Late Charges. Borrower acknowledges that, without limitation to any of Lender’s 's rights or remedies set forth in this Security Instrument, Lender has the right following the occurrence of an Event of Default and Borrower's failure to cure such default within the applicable grace/cure period to demand interest on the principal amount of the Note at the Default Rate and late payment charges in accordance with the terms of the Note.
Appears in 1 contract
Samples: Assumption and Release Agreement (Blue Ridge Real Estate Co)
Default Interest and Late Charges. Borrower acknowledges that, without limitation to any of Lender’s the Lenders' rights or remedies set forth in this Security Instrument, each Lender has the right following an Event of Default to demand interest on the principal amount of the Note Debentures at the Default Interest Rate and late payment charges in accordance with the terms of the NoteDebentures.
Appears in 1 contract
Samples: Securities Purchase Agreement (Ramtron International Corp)
Default Interest and Late Charges. Borrower acknowledges that, --------------------------------- without limitation to any of Lender’s 's rights or remedies set forth in this Security Instrument, Lender has the right following an Event of Default to demand interest on the principal amount of the Note at the Default Rate and late payment charges in accordance with the terms of the Note.
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