Floating Rate. To the extent that Borrower has personal liability under this Section 9, Lender may, to the fullest extent permitted by applicable law, exercise its rights against Borrower personally without regard to whether Xxxxxx has exercised any rights against the Mortgaged Property or any other security, or pursued any rights against any Guarantor, or pursued any other rights available to Lender under this Note, the Loan Agreement, any other Loan Document, or applicable law. To the fullest extent permitted by applicable law, in any action to enforce Xxxxxxxx’s personal liability under this Section 9, Borrower waives any right to set off the value of the Mortgaged Property against such personal liability.
Appears in 6 contracts
Samples: Multifamily Note (Steadfast Apartment REIT, Inc.), Multifamily Note (Steadfast Income REIT, Inc.), Multifamily Note (Steadfast Income REIT, Inc.)
