Common use of INTEREST AFTER JUDGMENT Clause in Contracts

INTEREST AFTER JUDGMENT. Should Mortgagee herein obtain a judgment against Mortgagor, interest shall accrue on said judgment at the default interest rate set forth in the Note or as provided by statute, whichever rate shall be greater at that time.

Appears in 3 contracts

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

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INTEREST AFTER JUDGMENT. Should Mortgagee herein obtain a judgment ----------------------- against Mortgagor, interest shall accrue on said judgment at the default interest rate set forth in the Note or as provided by statute, whichever rate shall be greater at that time.

Appears in 1 contract

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

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