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
Sources: Mortgage, Assignment of Leases and Rents, and Security Agreement (BMC Industries Inc/Mn/), Mortgage and Security Agreement (Vicon Industries Inc /Ny/), Mortgage, Assignment of Leases and Rents, and Security Agreement (Oneida LTD)