Strata/Condominium Expense Default. Where the Borrower defaults in the obligation to contribute to the administrative expenses assessed or levied by the strata/condominium corporation, or any authorized agent on its behalf, or any assessment, instalment or payment due to the strata/condominium corporation or upon breach of any covenant or the provisions herein before in this subsection 13.9 contained, regardless of any other action or proceeding taken or to be taken by the strata/condominium corporation, the Lender, may at its sole option and discretion and without notice to the Borrower:
Appears in 9 contracts
Samples: Saskatchewan Mortgage, Saskatchewan Mortgage, Saskatchewan Mortgage
