Common use of REPAYMENT OF FUNDS ADVANCED Clause in Contracts

REPAYMENT OF FUNDS ADVANCED. If Lender spends its funds in --------------------------- exercising any of its rights or remedies under the Loan Documents, the amount of funds spent shall be payable to Lender upon demand, together with interest at the rate applicable to the principal balance of the Note as specified therein plus 2% per annum, from the date the funds were spent. Until repaid, such amounts shall have the security afforded disbursements under the Note.

REPAYMENT OF FUNDS ADVANCED. If Lender spends its funds in --------------------------- exercising any of its rights or remedies under the Loan Documents, the amount of funds spent shall be payable to Lender upon demand, together with interest at the rate applicable to the principal balance of the Note after default or maturity as specified therein plus 2% per annumtherein, from the date the funds were spent. Until repaid, such amounts shall have the security afforded disbursements under the Note.

REPAYMENT OF FUNDS ADVANCED. If Lender spends its funds in --------------------------- exercising or enforcing any of its rights or remedies under the Loan Documents, the amount of funds spent shall be payable to Lender upon written demand, together with interest at the rate applicable to the principal balance of the Note as specified therein plus 2% per annumNote, from the date the such funds were spentspent until repaid. Until repaid, such Such amounts shall have be deemed secured by the security afforded disbursements under the NoteDeed of Trust and other applicable Loan Documents.

REPAYMENT OF FUNDS ADVANCED. If Lender spends its funds in --------------------------- exercising or enforcing any of its rights or remedies under any of the Loan Documents, the amount of funds spent shall will be payable to Lender upon on demand, together with interest at the rate applicable to the principal balance of the Note as specified therein plus 2% per annum, Default Rate from the date the funds were spentspent until repaid. Until repaid, such These amounts shall have will be deemed secured by the security afforded disbursements under the NoteDeed of Trust.