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

PROTECTION OF LENDER'S SECURITY. If Xxxxxxxxx fails to perform the covenants and agreements contained in this Mortgage, or if any action or proceeding is commenced which materially affects Lender’s interest in the Property, then Lender, at Lender’s option, upon notice to Mortgagor, may make such appearances, disburse such sums, including reasonable attorneys’ fees, and take such action as is necessary to protect Xxxxxx’s interest. If Lender required mortgage insurance as a condition of making the loan secured by this Mortgage, Mortgagor shall pay the premiums required to maintain such insurance in effect until such time as the requirement for such insurance terminates in accordance with Mortgagor’s and Xxxxxx’s written agreement or applicable law.

PROTECTION OF LENDER'S SECURITY. If Xxxxxxxxx Borrower fails to perform the covenants and agreements contained in this Mortgage, or if any action or proceeding is commenced which materially affects Lender’s 's interest in the Property, then Lender, at Lender’s 's option, upon notice to MortgagorBorrower, may make such appearances, disburse such sums, including reasonable attorneys’ ' fees, and take such action as is necessary to protect Xxxxxx’s Lender's interest. If Lender required mortgage insurance as a condition of making the loan secured by this Mortgage, Mortgagor Borrower shall pay the premiums required to maintain such insurance in effect until such time as the requirement for such insurance terminates in accordance with Mortgagor’s Borrower's and Xxxxxx’s Lender's written agreement or applicable law.

PROTECTION OF LENDER'S SECURITY. If Xxxxxxxxx Borrower fails to perform the covenants and agreements contained in this MortgageDeed of Trust, or if any action or proceeding is commenced which materially affects Lender’s interest in the Property, then Lender, at Lender’s option, upon notice to MortgagorBorrower, may make such appearances, disburse such sums, including reasonable attorneys’ attorney’s fees, and take such action as is necessary to protect XxxxxxLender’s interest. If Lender required mortgage insurance as a condition of making the loan secured by this MortgageDeed of Trust, Mortgagor Borrower shall pay the premiums required to maintain such insurance in effect until such time as the requirement for such insurance terminates in accordance with MortgagorBorrower’s and XxxxxxLender’s written agreement or applicable law.