Common use of Lender’s Fees, Costs, and Expenses Clause in Contracts

Lender’s Fees, Costs, and Expenses. Borrower shall immediately pay to Lender, on demand, all fees, costs and other expenses (including Lender’s attorneys’ fees) paid or incurred by Lender in enforcing or exercising Lender’s rights, powers and remedies under this Loan Agreement. Interest shall accrue on these amounts at the rate provided in the Note from the date the expense is incurred. The expenses plus interest shall be secured by Lender’s Mortgage Instrument.