Waiver of Exemptions. Borrower hereby waives all right of homestead and any other exemption in the Property under state or federal law presently existing or hereafter enacted.
Waiver of Exemptions. The Tenant hereby covenants and agrees with the Landlord that in consideration of the Premises and of the leasing and letting by the Landlord to the said Tenant of the lands and the Premises mentioned above for the Term hereby created (and it is upon that express understanding that these presents are are entered into) notwithstanding anything contained in Section 30 of Chapter 232 of the Revised Statutes of Ontario, 1980 or in any other statute which may hereafter be passed to take the place of the said Act or the amendment of same, none of the goods or chattels of the said Tenant at any time during the continuance of the Term hereby created on the demised Premises, shall be exempt from levy by distress for rent in arrears by the Tenant as provided for by any section or sections of the said Act or any amendment or amendments thereto, and that upon any claim being made for such exemption by the Tenant or on distress being made by the Landlord, this covenant and agreement may be pleaded as an estoppel against the Tenant in any action brought to test the right to the levying upon any such goods as are named as exempted in said section or sections or amendments or amendments thereto, said Tenant waiving as the Tenant hereby does, every benefit that could or might have accrued to the Tenant under and by virtue of the said section or sections of the said Act of any amendment of amendments thereto but for this covenant.
Waiver of Exemptions. Borrower waives all rights of exemptions as to personal property. If Borrower is an individual, Borrower represents and warrants to Lender that the Mortgaged Property is not the homestead of Borrower or Borrower’s spouse.
Waiver of Exemptions. Every Owner, by taking title to the Property, shall be deemed to have subordinated to this Restriction any and all right of homestead and any other exemption in, or with respect to, such Property under state or federal law presently existing or hereafter enacted.
Waiver of Exemptions. The undersigned hereby waives the benefit of all homestead exemption laws as to both their real and personal property including the laws and constitution of the respective state(s) in which this Guaranty is signed, to the extent allowed by law.
Waiver of Exemptions. Guarantor waives, to the fullest extent permitted by law, all rights to the benefits of any moratorium, reinstatement, marshaling, forbearance, valuation, stay, extension, redemption, appraisement, and exemption now or hereafter provided by any applicable law.
Waiver of Exemptions. That the Lessee waives and renounces the benefit of any present or future Act, of the Legislature of this Province in which the Premises are situate, taking away or limiting the Lessor's right of distress and agrees with the Lessor that notwithstanding any such enactment the Lessee's goods and chattels on the Premises from time to time shall be subject to distress for rent; and that the Lessee shall maintain on the Premises at all times, goods and chattels of sufficient value, that if seized and sold under a Distress Warrant a sum will be realized equivalent to three months' rent; the Lessor to have the right to distrain at any time of the day or night, whether or not the Premises are occupied by any person at the time, and for the purpose of so distraining to make forcible entry if necessary, and to have the right to distrain the said goods, chattels and effects, either on the Premises or at any other place to which they have been removed, within thirty days after removal and to have the right after distress has been effected to remove any goods, chattels or effects or any part thereof, to any other premises.
Waiver of Exemptions. Tenant hereby covenants and agreed with Landlord in consideration of the Premises and of the leasing and letting by Landlord to Tenant of the Premises for the Term hereby created (and it is upon that express understanding that these presents are entered into) that notwithstanding anything contained in the Landlord and Tenant Act (Ontario) as, amended, or in any other Statute which may hereafter be passed to take the place of the said Act or to amend the same, none of the goods or chattels of the said Tenant at any time during the continuance of the Term hereby created on the Premises shall be exempt from levy by distress for Rent in arrears by Tenant as provided for by any section or sections of the said Act, or any amendment or amendments thereto, and that upon any claim being made for such exemption by tenant or on distress being made by Landlord this covenant and agreement may be pleaded as an estoppel against Tenant in any action brought to test the right to the levying upon any such goods as are named as exempted in said section or sections or amendment or amendments thereto. Tenant waiving as Tenant hereby does, all and every benefit that could or might have accrued to Tenant under and by virtue of the said section or sections of the said Act or any amendment or amendments thereto but for this covenant.
Waiver of Exemptions. To the fullest extent permitted by law, the Guarantor hereby waives and agrees not to claim any and all homestead and other exemptions allowed by the Constitution or laws of the United States of America, the State of Georgia or any other state or district of the United States of America.
Waiver of Exemptions. Borrower hereby waives all right of homestead and any other exemption in the Property under state or federal law presently existing or hereafter enacted. 440722v2 Borrower Initials 9.30.10 US$ , 20 FOR VALUE RECEIVED, the undersigned (“Borrower(s)”) promise(s) to pay to the order of The Xxxx-Xxxxxxx Development Company, Inc. (“RCDC”) (said party or any other party to whom (RCDC) may transfer and assign this Note and who holds this Note from time to time is hereinafter called the “Holder”), 0000 Xxxxxxxx Xxxxxxxxx, Xxxxxxx, Xxxxxxx 00000, or order, the principal sum of U.S. Dollars (US $ ), with interest on the unpaid balance from , until paid, at the rate of percent per annum ( %) (based on a 360-day year and on the assumption that payments are made when due). Principal and interest shall be payable in lawful money of the United States at the Holder’s address set forth above, or such other place as the Holder may, from time to time, designate, in consecutive monthly installments of U.S. Dollars (US $ ), on the day of each month and continuing thereafter on the same day of each month beginning , for a period of months with the remaining unpaid principal balance, together with accrued interest thereon, due and payable, if not sooner paid, on . The indebtedness evidenced by this Note is secured by a Mortgage, dated of even date herewith, creating a lien on the real property described therein (the “Property”). Reference is made to said Mortgage for rights as to acceleration of the indebtedness evidenced by this Note. Each monthly payment shall be tendered with a $8.75 service fee. Borrower(s) shall pay to the Holder a late charge of six percent (6%) for any monthly installment not received by the Holder within ten (10) days after the date the installment is due. The late charge will be deducted from the next payment received. Each payment shall be credited first to amounts due, pursuant to Paragraph 2 of the Mortgage, then to advances, if any, made by the Lender pursuant to Paragraph 7 of the Mortgage, then to the costs, fees, expenses and other amounts incurred and advanced by the Holder in the enforcement of its rights hereunder, including, without limitation, costs and reasonable attorney’s fees, then to unpaid service fees, then to interest due hereunder, then to principal due hereunder, then to unpaid late charges, if any, than to interest on any Future Advances. Borrower(s) may prepay the principal amount outstanding in whole or in part. Any partial prep...
