Common use of FORBEARANCE BY LENDER NOT A WAIVER Clause in Contracts

FORBEARANCE BY LENDER NOT A WAIVER. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any right or remedy. The acceptance by Lender or payment of any sum secured by this Instrument after the due date of such payment shall not be a waiver of Lender's right to either require prompt payment when due of all other sums so secured or to declare a default for failure to make prompt payment. The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this Instrument, nor shall Lender's receipt of any awards, proceeds or damages under paragraphs 5 and 11 hereof operate to cure or waive Borrower's default in payment of sums secured by this Instrument. *Reimbursement Agreement"), are incorporated herein by this reference as if fully set for the herein FORM 4010 (PAGE 4 OF 8 PAGES)

Appears in 1 contract

Samples: Document Cover Page (Apartment Investment & Management Co)

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FORBEARANCE BY LENDER NOT A WAIVER. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded affected by applicable law, shall not be a waiver of or preclude the exercise of any right or remedy. The acceptance by Lender or of payment of any sum secured by this Instrument after the due date of such payment shall not be a waiver of Lender's right to either require prompt payment when due of all other sums so secured or to declare a default for failure to make prompt payment. The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this Instrument, nor shall Lender's receipt of any awards, proceeds or damages under paragraphs 5 and 11 hereof operate to cure or waive Borrower's default in payment of sums secured by this Instrument. *Form 4010 (page 4 of 8 pages) * 1996 (the "Reimbursement Agreement"), ) are incorporated herein by this reference as if fully set for the herein FORM 4010 (PAGE 4 OF 8 PAGES)forth herein.

Appears in 1 contract

Samples: Apartment Investment & Management Co

FORBEARANCE BY LENDER NOT A WAIVER. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any right or remedy. The acceptance by Lender or of payment of any sum secured by this Instrument after the due date of such payment shall not be a waiver of Lender's right to either require prompt payment when due of all other sums so secured or to declare a default for failure to make prompt payment. The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness indebtedess secured by this Instrument, nor shall Lender's receipt of any awards, proceeds or damages under paragraphs 5 and 11 hereof operate to cure or waive Borrower's default in payment of sums secured by this Instrument. *Reimbursement Agreement"), are incorporated herein by this reference as if fully set for the herein FORM 4010 4044 (PAGE 4 OF 8 PAGES)

Appears in 1 contract

Samples: Apartment Investment & Management Co

FORBEARANCE BY LENDER NOT A WAIVER. Any forbearance by Lender in exercising any right or of remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any right or remedy. The acceptance by Lender or of payment of any sum secured by this Instrument after the due date of such payment shall not be a waiver of Lender's right to either require prompt payment when due of all other sums so secured or to declare a default for failure to make prompt payment. The procurement procureness of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this Instrument, nor shall Lender's receipt of any awards, proceeds or damages under paragraphs 5 and 11 hereof operate to cure or waive Borrower's default in payment of sums secured by this Instrument. *Reimbursement Agreement"(4 of 8 pages), are incorporated herein by this reference as if fully set for the herein FORM 4010 (PAGE 4 OF 8 PAGES)

Appears in 1 contract

Samples: Rents and Security Agreement (Maxus Realty Trust Inc)

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FORBEARANCE BY LENDER NOT A WAIVER. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded affected by applicable law, shall not be a waiver of or preclude the exercise of any right or remedy. The acceptance by Lender or of payment of any sum secured by this Instrument after the due date of such payment shall not be a waiver of Lender's right to either require prompt payment when due of all other sums so secured or to declare a default for failure to make prompt payment. The procurement of insurance or of the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this Instrument, nor shall Lender's receipt of any awards, proceeds or damages under paragraphs 5 and 11 hereof operate to cure or waive Borrower's default in payment of sums secured by this Instrument. *Reimbursement Agreement"), are incorporated herein by this reference as if fully set for the herein FORM Form 4010 (PAGE page 4 OF of 8 PAGESpages)

Appears in 1 contract

Samples: Apartment Investment & Management Co

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