Other Remedies Available. The Mortgagee shall be at liberty but not bound to resort to any other means of payment at any time and in any order as it may deem fit without thereby exonerating or discharging this Assignment and the Mortgagee may exercise the rights hereunder either for payment of the ultimate balance after resorting to other means of payment or for the balance due at any time notwithstanding that other means of payment have not been resorted to and in the latter event without entitling the Mortgagor to any benefit from such other means of payment so long as any moneys owing to the Mortgagee and hereby secured shall remain owing and unpaid.
Appears in 6 contracts
Samples: Assignment of Sale Proceeds, Assignment of Sale Proceeds, Assignment of Sale Proceeds
