Common use of Successors and Assigns Bound; Joint and Several Liability; Co Clause in Contracts

Successors and Assigns Bound; Joint and Several Liability; Co. signers. The covenants and agreements herein contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower, subject to the provisions of paragraph 16 hereof. All covenants and agreements of Borrower shall be joint and several. Any Borrower who co-signs this Mortgage, but does not execute the Note, (a) is co-signing this Mortgage only to mortgage, grant and convey that Borrower's interest in the Property to Lender under the terms of this Mortgage, (b) is not personally liable on the Note or under this Mortgage, and (c) agrees that Lender and any other Borrower hereunder may agree to extend, modify, forbear, or make any other accommodations with regard to the terms of this Mortgage or the Note without that Borrower's consent and without releasing that Borrower or modifying this Mortgage as to that Borrower's interest in the Property.

Successors and Assigns Bound; Joint and Several Liability; Co. signers. The covenants and agreements herein contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender Xxxxxx and BorrowerXxxxxxxx, subject to the provisions of paragraph 16 hereof. All covenants and agreements of Borrower shall be joint and several. Any Borrower who co-signs this Mortgage, but does not execute the Note, (a) is co-signing this Mortgage only to mortgage, grant and convey that BorrowerXxxxxxxx's interest in the Property to Lender under the terms of this Mortgage, (b) is not personally liable on the Note or under this Mortgage, and (c) agrees that Lender and any other Borrower hereunder may agree to extend, modify, forbear, or make any other accommodations with regard to the terms of this Mortgage or the Note without that BorrowerXxxxxxxx's consent and without releasing that Borrower or modifying this Mortgage as to that BorrowerXxxxxxxx's interest in the Property.

Successors and Assigns Bound; Joint and Several Liability; Co. signers. .The covenants and agreements herein contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower, subject to the provisions of paragraph 16 hereof. All covenants and agreements of Borrower shall be joint and several. Any Borrower who co-signs cosigns this MortgageDeed of Trust, but does not execute the Note, (a) is co-signing this Mortgage Deed of Trust only to mortgage, grant and convey that Borrower's ’s interest in the Property to Lender Trustee under the terms of this MortgageDeed of Trust, (b) is not personally liable on the Note or under this MortgageDeed of Trust, and (c) agrees that Lender lender and any other Borrower hereunder may agree to extend, modify, forbear, or make any other accommodations with regard to the terms of this Mortgage Deed of Trust or the Note Note, without that Borrower's ’s consent and without releasing that Borrower or modifying this Mortgage Deed of Trust as to that Borrower's ’s interest in the Property.

Successors and Assigns Bound; Joint and Several Liability; Co. signers. The covenants and agreements herein contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower, subject to the provisions of paragraph 16 hereof. All covenants and agreements of Borrower shall be joint and several. Any Borrower who co-co- signs this Mortgage, but does not execute the Note, (a) is co-signing this Mortgage only to mortgage, grant and convey that Borrower's interest in the Property to Lender under the terms of this Mortgage, (b) is not personally liable on the Note or under this Mortgage, and (c) agrees that Lender and any other Borrower hereunder may agree to extend, modify, forbear, or make any other accommodations with regard to the terms of this Mortgage or the Note without that Borrower's consent and without releasing that Borrower or modifying this Mortgage as to that Borrower's interest in the Property.