Common use of Unsecured Obligations Clause in Contracts

Unsecured Obligations. Guarantor hereby acknowledges that the obligations of Guarantor under this Agreement are not secured by the lien of the Security Instrument or the other Loan Documents, it being the intent of Lender to create separate obligations of Guarantor hereunder which can be enforced against Guarantor without regard to the existence of the Security Instrument or the other Loan Documents or the liens or security interests created therein.

Unsecured Obligations. Guarantor hereby acknowledges that the The obligations of Guarantor under this Agreement Guaranty are not secured by the lien of the Security Instrument Mortgage or the security interests or other collateral described in the Mortgage or the other Loan Documents, it being the intent of Agent and Lender to create separate obligations of Guarantor hereunder which can be enforced against Guarantor without regard to the existence of the Security Instrument Mortgage or the other Loan Documents or the liens or security interests created therein.

Unsecured Obligations. Guarantor hereby acknowledges that the The obligations of Guarantor under this Agreement Guaranty are not secured by the lien of the Security Instrument Mortgage or the security interests or other collateral described in the Mortgage or the other Loan Documents, it being the intent of Lender to create separate obligations of Guarantor hereunder which can be enforced against Guarantor without regard to the existence of the Security Instrument Mortgage or the other Loan Documents or the liens or security interests created therein.