Common use of Foreclosure Expenses Clause in Contracts

Foreclosure Expenses. If this Mortgage shall be foreclosed, there shall be included in the computation of the Indebtedness the actual and reasonable amount of the fee for the services of the attorneys retained by Mortgagee in the foreclosure action or proceeding, as well as any and all reasonable disbursements, costs and other expenses incurred directly or indirectly by Mortgagee in connection with such foreclosure action or proceeding, including, without limitation, appraisal fees.

Appears in 2 contracts

Samples: Mortgage Deed and Security Agreement (Belpointe PREP, LLC), Mortgage Deed and Security Agreement (Belpointe PREP, LLC)

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Foreclosure Expenses. If this Mortgage shall be foreclosed, there -------------------- shall be included to the extent permitted by law in the computation of the Indebtedness indebtedness secured hereby, the actual and reasonable amount of the a reasonable fee for the services of the attorneys retained by Mortgagee in the foreclosure action or proceeding, as well as any and all reasonable disbursements, costs and other expenses incurred directly or indirectly by Mortgagee in connection with such foreclosure action or proceeding, including, without limitation, appraisal fees.

Appears in 1 contract

Samples: Mortgage Deed (Afc Cable Systems Inc)

Foreclosure Expenses. If this Mortgage shall be foreclosed, there -------------------- shall be included in the computation of the Indebtedness the actual and reasonable amount of or the fee for the services of the attorneys retained by Mortgagee in the foreclosure action or proceeding, as well as any and all reasonable disbursements, costs and other expenses incurred directly or indirectly by Mortgagee in connection with such foreclosure action or proceeding, including, without limitation, appraisal fees.

Appears in 1 contract

Samples: Open End Construction Mortgage Deed and Security Agreement (Proton Energy Systems Inc)

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Foreclosure Expenses. If this Mortgage shall be foreclosed, there shall be included in the computation of the Indebtedness the actual and reasonable amount of or the fee for the services of the attorneys retained by Mortgagee in the foreclosure action or proceeding, as well as any and all reasonable disbursements, costs and other expenses incurred directly or indirectly by Mortgagee in connection with such foreclosure action or proceeding, including, without limitation, appraisal fees.

Appears in 1 contract

Samples: Open End Mortgage Deed, Security Agreement and Fixture Filing (Sachem Capital Corp.)

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