Payment of Property Charges. If Borrower fails to pay the property charges in a timely manner, Lender may pay the property charges; however, such election shall not preclude the Lender from taking action due to the Borrower’s failure to pay property charges under this section.
Appears in 3 contracts
Samples: Mortgage Loan Agreement, Mortgage Loan Agreement, Conversion Mortgage Loan Agreement Fixed Interest
Payment of Property Charges. If Borrower Xxxxxxxx fails to pay the property charges in a timely manner, Lender Xxxxxx may pay the property charges; however, such election shall not preclude the Lender from taking action due to the Borrower’s failure to pay property charges under this section.
Appears in 1 contract
Samples: Mortgage Loan Agreement