Common use of PROTECTION OF LIEN AND OTHER EXPENSES Clause in Contracts

PROTECTION OF LIEN AND OTHER EXPENSES. The Borrower shall pay, indemnify and hold the Lender harmless from all costs, disbursements, expenses and reasonable counsel fees incurred by the Lender in connection with protecting or sustaining the lien of this Mortgage or collection of the Mortgage Debt, either before or after obtaining judgment of foreclosure of the Mortgage or judgment on or with respect to the Mortgage Debt.

Appears in 2 contracts

Samples: Open End Mortgage Deed (Edac Technologies Corp), Open End Mortgage Deed (Edac Technologies Corp)

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PROTECTION OF LIEN AND OTHER EXPENSES. The Borrower shall pay, indemnify indemnify, defend and hold the Lender harmless from all costs, disbursements, expenses and reasonable counsel and actual attorneys’ fees incurred by the Lender in connection with protecting or sustaining the lien of this Mortgage or collection of the Mortgage Debt, either before or after obtaining judgment of foreclosure of the Mortgage or judgment on or with respect to the Mortgage Debt.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Cole Credit Property Trust III, Inc.)

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PROTECTION OF LIEN AND OTHER EXPENSES. The Borrower shall pay, indemnify indemnify, defend and hold the Lender harmless from all costs, disbursements, expenses and reasonable counsel and actual attorneys’ fees incurred by the Lender in connection with protecting or sustaining the lien of this Mortgage Deed of Trust or collection of the Mortgage DebtObligations, either before or after obtaining judgment of foreclosure of the Mortgage this Deed of Trust or judgment on or with respect to the Mortgage DebtObligations.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Cole Credit Property Trust III, Inc.)

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