Common use of Mortgage Holder’s Option to Cure Defaults Clause in Contracts

Mortgage Holder’s Option to Cure Defaults. If fourteen (14) days after any notice or demand with respect to any breach or default as referred to in Article XII, Paragraph J such breach or default remains uncured, each such Mortgage holder shall have the right, at its option, to cure or remedy such breach or default and to add the cost thereof to the mortgage debt and the lien of its Mortgage.

Appears in 4 contracts

Samples: Zoning and Annexation Agreement, Conditional Zoning and Annexation Agreement, app.lincoln.ne.gov

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Mortgage Holder’s Option to Cure Defaults. If fourteen (14) days after any notice or demand with respect to any breach or default as referred to in Article XIIIX, Paragraph J such breach or default remains uncured, each such Mortgage holder shall have the right, at its option, to cure or remedy such breach or default and to add the cost thereof to the mortgage debt and the lien of its Mortgage.

Appears in 2 contracts

Samples: Annexation Agreement, Harvest Hills

Mortgage Holder’s Option to Cure Defaults. If fourteen (14) days after any notice or demand with respect to any breach or default as referred to in Article XIIII, Paragraph J such breach or default remains uncured, each such Mortgage holder shall have the right, at its option, to cure or remedy such breach or default and to add the cost thereof to the mortgage debt and the lien of its Mortgage.

Appears in 1 contract

Samples: Annexation and Conditional Zoning Agreement for Central Lumber

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Mortgage Holder’s Option to Cure Defaults. If fourteen (14) days after any notice or demand with respect to any breach or default as referred to in Article XIIV, Paragraph J such breach or default remains uncured, each such Mortgage holder shall have the right, at its option, to cure or remedy such breach or default and to add the cost thereof to the mortgage debt and the lien of its Mortgage.

Appears in 1 contract

Samples: Annexation Agreement

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