Protection of Xxxxxx’s Rights in the Property. If Xxxxxxxx fails to perform the covenants and agreements contained in this Security Instrument, or there is a legal proceeding that may significantly affect Xxxxxx’s tights in the Property (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture or to enforce laws or regulations), then Lender may do and pay for whatever is necessary to protect the value of the Property and Lender’s rights in the Property. Xxxxxx’s actions may include paying any sums secured by a lien which has priority over this Security Instrument, appearing in court, paying reasonable attorneys’ fees and entering on the Property to make repairs. Although Lender may take action under this paragraph 7, Xxxxxx does not have to do so. Any amounts disbursed by Xxxxxx under this paragraph 7 shall become additional debt of Borrower secured by this Security Instrument. Unless Borrower and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the Note rate and shall be payable, with interest, upon notice from Lender to Borrower requesting payment.
Appears in 2 contracts
Samples: Mortgage (Shepherd's Finance, LLC), Mortgage (Shepherd's Finance, LLC)
Protection of Xxxxxx’s Rights in the Property. If Xxxxxxxx Borrower fails to perform the covenants and agreements contained in this Security Instrument, or there is a legal proceeding that may significantly affect Xxxxxx’s tights Lender's rights in the Property (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture forfeiture, or to enforce laws or regulations), then Lender may do and pay for whatever is necessary to protect the value of the Property and Lender’s 's rights in the Property. Xxxxxx’s 's actions may include paying any sums secured by a lien which has priority over this Security Instrument, appearing in court, paying reasonable attorneys’ fees ' fees, and entering on the Property to make repairs. Although Lender may take action under this paragraph 7, Xxxxxx does Lender is not have required to do so. Any amounts disbursed by Xxxxxx under this paragraph 7 shall become additional debt of Borrower secured by this Security Instrument. Unless Borrower and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the Note Bond rate and shall be payable, with interest, upon notice from Lender to Borrower requesting payment.
Appears in 1 contract
Samples: Mortgage
Protection of Xxxxxx’s Rights in the Property. If Xxxxxxxx fails to perform the covenants and agreements contained in this Security Instrument, or there is a legal proceeding that may significantly affect Xxxxxx’s tights 's rights in the Property (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture or to enforce laws or regulations), then Lender may do and pay for whatever is necessary to protect the value of the Property and Lender’s 's rights in the Property. Xxxxxx’s 's actions may include paying any sums secured by a lien which has priority over this Security Instrument, appearing in court, paying reasonable attorneys’ ' fees and entering on the Property to make repairs. Although Lender may take action under this paragraph 7, Xxxxxx does not have to do so. Any amounts disbursed by Xxxxxx under this paragraph 7 7, shall become additional debt of Borrower secured by this Security Instrument. Unless Borrower and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the Note rate and shall be payable, with interest, upon notice from Lender to Borrower requesting payment.
Appears in 1 contract
Samples: Mortgage
Protection of Xxxxxx’s Rights in the Property. If Xxxxxxxx Xxxxxxxxx fails to perform the covenants and agreements contained in this Security Instrument, or there is a legal proceeding that may significantly affect Xxxxxx’s tights Lender's rights in the Property (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture or to enforce laws or regulations), then Lender may do and pay for whatever is necessary to protect the value of the Property and Lender’s 's rights in the Property. Xxxxxx’s 's actions may include paying any sums secured by a lien which has priority over this Security Instrument, appearing in court, paying reasonable attorneys’ ' fees and entering on the Property to make repairs. Although Lender may take action under this paragraph 78, Xxxxxx does not have to do so. Any amounts disbursed distributed by Xxxxxx Lender under this paragraph 7 8 shall become additional debt of Borrower Mortgagor secured by this Security Instrument. Unless Borrower and Lender agree agrees to other terms of payment, these amounts shall bear interest from the date of disbursement at the Note rate and shall be payable, with interest, upon notice from Lender to Borrower Mortgagor requesting payment.
Appears in 1 contract
Samples: Mortgage
Protection of Xxxxxx’s Rights in the Property. If Xxxxxxxx fails to perform the covenants and agreements contained in this Security Instrument, or there is a legal proceeding that may significantly affect Xxxxxx’s tights 's rights in the Property (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture or to enforce laws or regulations), then Lender may do and pay for whatever is necessary to protect the value of the Property and Lender’s 's rights in the Property. Xxxxxx’s 's actions may include paying any sums secured by a lien which has priority over this Security Instrument, appearing in court, paying reasonable attorneys’ ' fees and entering on the Property to make repairs. Although Lender may take action under this paragraph 7, Xxxxxx does not have to do so. Any amounts disbursed by Xxxxxx under this paragraph 7 shall become additional debt of Borrower secured by this Security Instrument. Unless Borrower and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the Note rate and shall be payable, with interest, upon notice from Lender to Borrower requesting payment.
Appears in 1 contract
Samples: Mortgage
Protection of Xxxxxx’s Rights in the Property. If Xxxxxxxx fails to perform the covenants and agreements contained in this Security InstrumentMortgage, or there is a legal proceeding that may significantly affect Xxxxxx’s tights 's rights in the Property (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture or to enforce laws or regulationsforfeiture), then Lender may do and pay for whatever is necessary to protect the value of the Property and Lender’s Xxxxxx's rights in the Property. Xxxxxx’s 's actions may include paying any sums secured by a lien which has priority over this Security InstrumentMortgage, appearing in court, paying reasonable attorneys’ attorneys fees and entering on the Property to make repairs. Although Lender may take action under this paragraph 75, Xxxxxx does Lender is not have required to do so. Any amounts disbursed by Xxxxxx under this paragraph 7 5 shall become additional debt of Borrower secured by this Security InstrumentMortgage. Unless Borrower and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at a rate equal to the interest rate on the Note rate and shall be payable, with interest, upon notice from Lender to Borrower requesting payment.
Appears in 1 contract
Samples: Mortgage (Wsi Industries Inc)
Protection of Xxxxxx’s Rights in the Property. If Xxxxxxxx fails to perform the covenants and agreements contained in this Security Instrument, Instrument or there is a legal proceeding that may significantly affect Xxxxxx’s tights 's rights in the Property (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture or to enforce laws or regulations), then Lender may do and pay for whatever is necessary to protect the value of the Property and Lender’s 's rights in the Property. Xxxxxx’s 's actions may include paying any sums secured by a lien which has priority over this Security Instrument, appearing in court, paying reasonable attorneys’ attorney's fees and entering on the Property to make repairs. Although Lender may take action under this paragraph 7, Xxxxxx does not have to do so. Any amounts disbursed by Xxxxxx under this paragraph 7 shall become additional debt of Borrower secured by this Security Instrument. Unless Borrower and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the Note Debenture rate and shall be payable, payable with interest, interest upon notice from Lender to Borrower requesting payment.
Appears in 1 contract
Protection of Xxxxxx’s Rights in the Property. If Xxxxxxxx fails to perform the covenants and agreements contained in this Security Instrument, Instrument or there is a legal proceeding that may significantly affect Xxxxxx’s tights 's right in the Property (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture or to enforce laws or regulations), then Lender may do and pay for whatever is necessary to protect the value of the Property and Lender’s 's rights in the Property. Xxxxxx’s 's actions may include paying any sums secured by a lien which has priority over this Security Instrument, Instrument appearing in court, paying reasonable attorneys’ ' fees and entering on the Property to make repairsrepairs . Although Lender may take action under this paragraph 7, . Xxxxxx does not have to do so. Any amounts disbursed by Xxxxxx under this paragraph 7 shall become additional debt of Borrower secured by this Security Instrument. Unless Borrower and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the Note rate and shall be payable, with interest, upon notice from Lender to Borrower requesting payment.
Appears in 1 contract
Samples: Mortgage (Emachines Inc /De/)
Protection of Xxxxxx’s Rights in the Property. If Xxxxxxxx fails to perform the covenants and agreements contained in this Security Instrument, or there is a legal proceeding that may significantly affect Xxxxxx’s tights 's rights in the Property (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture or to enforce laws or regulations), then Lender may do and pay for whatever is necessary to protect the value of the Property and Lender’s 's rights in the Property. Xxxxxx’s 's actions may include paying any sums secured by a lien which has priority over this Security Instrument, appearing in court, paying reasonable attorneys’ attorney's fees and entering on the Property to make repairs. Although Lender may take action under this paragraph 7, Xxxxxx does not have to do so. Any amounts disbursed by Xxxxxx under this paragraph 7 shall become additional debt of Borrower secured by this Security Instrument. Unless Borrower and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the Note rate and shall be payable, with interest, upon notice from Lender to Borrower requesting payment.
Appears in 1 contract
Samples: Mortgage
Protection of Xxxxxx’s Rights in the Property. If Xxxxxxxx fails to perform the covenants and agreements contained in this Security Instrument, or there is a legal proceeding that may significantly affect Xxxxxx’s tights 's rights in the Property (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture or to enforce laws or regulations), then Lender may do and pay for whatever is necessary to protect the value of the Property and Lender’s 's rights in the Property. Xxxxxx’s 's actions may include paying any sums secured by a lien lien, which has priority over this Security Instrument, appearing in court, paying reasonable attorneys’ ' fees and entering on the Property to make repairs. Although Lender may take action under this paragraph 75, Xxxxxx does not have to do so. Any amounts disbursed by Xxxxxx under this paragraph 7 5 shall become additional debt of Borrower secured by this Security Instrument. Unless Borrower and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the Note rate twelve percent (12%) annually and shall be payable, with interest, upon notice from Lender to Borrower requesting payment.,
Appears in 1 contract
Samples: Deed of Trust