Common use of Other cost terms Clause in Contracts

Other cost terms. Wherever the mortgage requires you to pay a cost, the following terms will apply:  The cost includes an expense, such as an insurance premium, a property tax or the amount of a prior mortgage.  The cost includes lawyers' or notaries' fees and disbursements, charged on the basis that applies between a lawyer or notary and his or her own client, even though we may not have taken court proceedings.  The cost includes costs for other professionals or agents, for example, an appraiser, surveyor or engineer.  The cost may be the usual administration fee that we charge at the time.  You must pay the cost to us as soon after it has been incurred as we ask for it. You must pay interest on the cost (including any compound interest) from when it's incurred at the interest rate for the loan.  Our security secures the cost and the interest on it. We can choose to use part of the loan to pay the cost and interest.  We have the rights under this section 2.8 only as far as permitted by a law that applies despite what you and we have agreed to.

Other cost terms. Wherever the mortgage requires you to pay a cost, the following terms will apply:  • The cost includes an expense, such as an insurance premium, a property tax or the amount of a prior mortgage.  • The cost includes lawyers' or notaries' fees and disbursements, charged on the basis that applies between a lawyer or notary and his or her own client, even though we may not have taken court proceedings.  • The cost includes costs for other professionals or agents, for example, an appraiser, surveyor or engineer.  • The cost may be the usual administration fee that we charge at the time.  • You must pay the cost to us as soon after it has been incurred as we ask for it. You must pay interest on the cost (including any compound interest) from when it's incurred at the interest rate for the loan.  • Our security secures the cost and the interest on it. We can choose to use part of the loan to pay the cost and interest.  • We have the rights under this section 2.8 only as far as permitted by a law that applies despite what you and we have agreed to.

Other cost terms. Wherever the mortgage requires you to pay a cost, the following terms will apply:  The cost includes an expense, such as an insurance premium, a property tax or the amount of a prior mortgage.  The cost includes lawyers' or notaries' fees and disbursements, charged on the basis that applies between a lawyer or notary and his or her own client, even though we may not have taken court proceedings.  The cost includes costs for other professionals or agents, for example, an appraiser, surveyor or engineer.  The cost may be the usual administration fee that we charge at the time.  You must pay the cost to us as soon after it has been incurred as we ask for it. You must pay interest on the cost (including any compound interest) from when it's incurred at the interest rate for the loan.  Our security secures the cost and the interest on it. We can choose to use part of the loan to pay the cost and interest.  We have the rights under this section 2.8 7.8 only as far as permitted by a law that applies despite what you and we have agreed to.. Variable rate terms3.