Common use of Waiver by Mortgagee Clause in Contracts

Waiver by Mortgagee. Mortgagee may, in the sole discretion of Mortgagee, from time to time waive or forbear from enforcing any provision of this Mortgage, and such waiver or forbearance shall not be deemed a waiver by Mortgagee of any right or remedy provided herein or be deemed a waiver of the right at any later time to enforce strictly all provisions of this Mortgage and to exercise any al all remedies provided herein and by law.