Unearned Premiums. If this Mortgage is foreclosed, the Lender may at its discretion cancel any of the insurance policies required under this Section and apply any unearned premiums to the Indebtedness.
Appears in 5 contracts
Samples: Open End Mortgage Deed, Security Agreement and Fixture Filing (GTJ Reit, Inc.), Future Advance Mortgage (Oxford Residential Properties I LTD Partnership), Future Advance Mortgage (Angeles Partners X)