Common use of Repairs by Xxxxxx Clause in Contracts

Repairs by Xxxxxx. The Lender, in its sole discretion, may enter the Property at any reasonable time or times to inspect the Property and request the Borrower to make any repairs that the Lender deems necessary, at the cost of the Borrower, but, just by doing so, the Lender will not become a mortgagee in possession nor will the Lender be under any obligation to make any repairs to the Property.

Appears in 9 contracts

Samples: Mortgage, Mortgage, Mortgage

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!