Loans by Mortgagee Sample Clauses

Loans by Mortgagee. Each and every covenant of Mortgagor herein contained shall be performed and kept by Mortgagor solely at Mortgagor’s expense. If Xxxxxxxxx fails to perform or keep any of the covenants of whatsoever kind or nature contained in this Deed of Trust, Mortgagee (either by it directly or on its behalf by the Trustee or any receiver appointed hereunder) may, but will not be obligated to, make advances to perform the same on Xxxxxxxxx’s behalf, and Xxxxxxxxx hereby agrees to repay such sums and any attorneys’ fees incurred in connection therewith on demand plus interest thereon from the date of the advance until reimbursement of Mortgagee at the rate of interest applicable to overdue amounts as set forth in the NPLP Deed of Trust. In addition, Xxxxxxxxx hereby agrees to repay on demand any costs, expenses, and attorneys’ fees incurred by Mortgagee which are to be obligations of Mortgagor pursuant to the terms of this Deed of Trust, including such costs, expenses, and attorneys’ fees incurred pursuant to Section 3.1(h), Section 3.7, Section 6.5, or Section 7.2 hereof, plus interest thereon from the date of the advance by the Mortgagee until reimbursement of Mortgagee at the rate of interest applicable to overdue amounts as set forth in the NPLP Deed of Trust. Such amounts will be in addition to any sum of money which may, pursuant to the terms and conditions of the written instruments comprising part of the Secured Obligations, be due and owing. No such advance will be deemed to relieve Xxxxxxxxx from any default hereunder.