Common use of PROTECTION OF LENDER'S SECURITY Clause in Contracts

PROTECTION OF LENDER'S SECURITY. If the Borrower fails to perform the covenants and agreements contained in this Deed of Trust, or if any action or proceeding is commenced which materially affects Xxxxxx’s interest in the Property, then Lender, at Lender’s option, with notice to Borrower if required by law, may make such appearances, disburse such sums and take such action as is necessary to protect Xxxxxx’s interest. Any amounts disbursed by Lender pursuant to this Paragraph 8, shall become additional indebtedness of Borrower secured by this Deed of Trust. Such amounts shall be payable upon notice from Lender to Borrower requesting payment thereof, and Lender may bring suit to collect any amounts so disbursed plus interest specified in Paragraph 2(b). Nothing contained in this Paragraph 8 shall require Lender to incur any expense or take any action hereunder.

PROTECTION OF LENDER'S SECURITY. If the Borrower fails to perform the covenants and agreements contained in this Deed of TrustMortgage, or if any action or proceeding is commenced which materially affects XxxxxxLender’s interest in the Property, then Lender, at Lender’s option, with upon notice to Borrower if required by lawBorrower, may make such appearances, disburse such sums sums, including reasonable attorney’s fees, and take such action as is necessary to protect Xxxxxx’s interest. Any amounts disbursed by Lender Xxxxxx pursuant to this Paragraph 8, 5 shall become additional indebtedness of Borrower secured by this Deed Mortgage. Unless Borrower and Lender agree to other terms of Trust. Such payment, such amounts shall be payable upon notice from Lender to Borrower requesting payment thereof, and Lender may bring suit to collect any amounts so disbursed plus interest specified in Paragraph 2(b). Nothing contained in this Paragraph 8 paragraph 5 shall require Lender to incur any expense or take any action hereunder.

PROTECTION OF LENDER'S SECURITY. If the Borrower fails to perform the covenants and agreements contained in this Deed of TrustMortgage, or if any action or proceeding is commenced which materially affects Xxxxxx’s Lender's interest in the Property, then Lender, at Lender’s Xxxxxx's option, with upon notice to Borrower if required by lawBorrower, may make such appearances, disburse such sums sums, including reasonable attorney's fees, and take such action as is necessary to protect Xxxxxx’s 's interest. Any amounts disbursed by Lender Xxxxxx pursuant to this Paragraph 8, 5 shall become additional indebtedness of Borrower secured by this Deed Mortgage. Unless Borrower and Lender agree to other terms of Trust. Such payment, such amounts shall be payable upon notice from Lender to Borrower requesting payment thereof, and Lender may bring suit to collect any amounts so disbursed plus interest specified in Paragraph 2(b). Nothing contained in this Paragraph 8 paragraph 5 shall require Lender to incur any expense or take any action hereunder.

PROTECTION OF LENDER'S SECURITY. If the Borrower fails to perform the covenants and agreements contained in this Deed of Trust, or if any action or proceeding is commenced which materially affects Xxxxxx’s Lender's interest in the Property, then Lender, at Lender’s option's options, with upon notice to Borrower if required by lawBorrower, may make such appearances, disburse such sums and take such action as is necessary to protect Xxxxxx’s Lender's interest. Any amounts disbursed by Lender pursuant to this Paragraph 8paragraph 6, with interest, at the Note rate, shall become additional indebtedness of Borrower secured by this Deed of Trust. Such Unless Borrower and Lender agree to other terms of payment, such amounts shall be payable upon notice from Lender to Borrower requesting payment thereof, and Lender may bring suit to collect any amounts so disbursed plus interest specified in Paragraph 2(b). Nothing contained in this Paragraph 8 paragraph 6 shall require Lender to incur any expense or take any action hereunderaction.

PROTECTION OF LENDER'S SECURITY. If the Borrower fails inils to perform the covenants and agreements contained in this Deed of TrustMortgage, or if any action or proceeding is commenced which materially affects XxxxxxLender’s interest in the Property, then Lender, at Lender’s option, with upon notice to Borrower if required by lawBorrower, may make such appearances, disburse such sums sums, including reasonable attorneys’ fees, and take such action as is necessary to protect Xxxxxx’s Lenders’ interest. Any amounts disbursed by Lender pursuant to this Paragraph 8paragraph 7, with interest thereon, at the contract rate, shall become additional indebtedness of Borrower secured by this Deed Mortgage. Unless Borrower and Lender agree to other terms of Trust. Such payment, such amounts shall be payable upon notice from Lender to Borrower requesting payment thereof, and Lender may bring suit to collect any amounts so disbursed plus interest specified in Paragraph 2(b). Nothing contained in this Paragraph 8 paragraph 7 shall require Lender to incur any expense or take any action hereunder.