Common use of Lender’s Rights After Judgment Clause in Contracts

Lender’s Rights After Judgment. If the Lender obtains judgment against the Borrower as a result of a Default, the remedies described in subsection 9.2 may continue to be used by the Lender to compel the Borrower to pay the Indebtedness and perform the Obligations. The Lender will continue to be entitled to receive interest on the Indebtedness, in accordance with and in the manner provided for such interest under the terms of an Agreement and this Mortgage, until the judgment is paid in full.