Common use of MORTGAGEE REIMBURSEMENT Clause in Contracts

MORTGAGEE REIMBURSEMENT. All payments made, or funds expended or advanced by Mortgagee pursuant to the provisions of any Loan Document shall (a) become a part of the Secured Indebtedness, (b) bear interest at the Interest Rate (as defined in the Note) from the date such payments are made or funds expended or advanced, (c) become due and payable by Mortgagor within ten (10) days after demand by Mortgagee, and (d) bear interest at the Default Rate (as defined in the Note) from ten (10) days after written notice of such non-payment. Mortgagor shall reimburse Mortgagee within ten (10) days after receipt of written demand for such amounts.

MORTGAGEE REIMBURSEMENT. All payments made, or funds expended or advanced by Mortgagee pursuant to the provisions of any Loan Document shall (a) become a part of the Secured Indebtedness, (b) bear interest at the Interest Rate (as defined in the Note) from the date such payments are made or funds expended or advanced, (c) become due and payable by Mortgagor within ten (10) days after demand by Mortgagee, and (d) bear interest at the Default Rate (as defined in the Note) from ten (10) days after written notice of such non-paymentnon‑payment. Mortgagor shall reimburse Mortgagee within ten (10) days after receipt of written demand for such amounts.

MORTGAGEE REIMBURSEMENT. All payments made, or funds ----------------------- expended or advanced by Mortgagee pursuant to the provisions of any Loan Document Document, shall (a) become a part of the Secured Indebtedness, (b) bear interest at the Interest Rate (as defined in the Note) from the date such payments are made or funds expended or advanced, (c) become due and payable by Mortgagor within ten (10) days after demand by Mortgagee, and (d) bear interest at the Default Rate (as defined in the Note) from ten (10) days after written notice of such non-payment. Mortgagor shall reimburse Mortgagee within ten (10) days after receipt of written demand for such amounts.