Mortgagee Not Obligated. Nothing herein contained shall be construed as making the payment of any insurance premiums, taxes or assessments obligatory upon Mortgagee, although Mortgagee may pay same, or as making Mortgagee liable in any way for loss, damage or injury, resulting from the non-payment of any such insurance premiums, taxes or assessments.
Appears in 12 contracts
Samples: And Security Agreement (BMC Industries Inc/Mn/), And Security Agreement (Oneida LTD), Mortgage and Security Agreement (Vicon Industries Inc /Ny/)