Common use of Xxxxxx’s Rights If Borrower Fails to Keep Promises and Agreements Clause in Contracts

Xxxxxx’s Rights If Borrower Fails to Keep Promises and Agreements. Except as provided in Section 18 of this Security Instrument, if all of the conditions stated in subsections (a), (b) and (c) of this Section 22 are met, Lender may require that I pay immediately the entire amount then remaining unpaid under the Note and under this Security Instrument. Lender may do this without making any further demand for payment. This requirement is called “Immediate Payment in Full.” If Lender requires Immediate Payment in Full, Lender may bring a lawsuit to take away all of my remaining rights in the Property and have the Property sold. At this sale Lender or another Person may acquire the Property. This is known as “Foreclosure and Sale.” In any lawsuit for Foreclosure and Sale, Lender will have the right to collect all costs and disbursements and additional allowances allowed by Applicable Law and will have the right to add all reasonable attorneys’ fees to the amount I owe Lender, which fees shall become part of the Sums Secured. Lender may require Immediate Payment in Full under this Section 22 only if all of the following conditions are met: (a) I fail to keep any promise or agreement made in this Security Instrument or the Note, including, but not limited to, the promises to pay the Sums Secured when due, or if another default occurs under this Security Instrument; (b) Xxxxxx sends to me, in the manner described in Section 15 of this Security Instrument, a notice that states: (1) The promise or agreement that I failed to keep or the default that has occurred; (2) The action that I must take to correct that default; (3) A date by which I must correct the default. That date will be at least 30 days from the date on which the notice is given; (4) That if I do not correct the default by the date stated in the notice, Lender may require Immediate Payment in Full, and Lender or another Person may acquire the Property by means of Foreclosure and Sale; (5) That if I meet the conditions stated in Section 19 of this Security Instrument, I will have the right to have Xxxxxx’s enforcement of this Security Instrument stopped and to have the Note and this Security Instrument remain fully effective as if Immediate Payment in Full had never been required; and (6) That I have the right in any lawsuit for Foreclosure and Sale to argue that I did keep my promises and agreements under the Note and under this Security Instrument, and to present any other defenses that I may have; and (c) I do not correct the default stated in the notice from Lender by the date stated in that notice.

Xxxxxx’s Rights If Borrower Fails to Keep Promises and Agreements. Except as provided in Section 18 of this Security Instrument, if all of the conditions stated in subsections (a), (b) and (c) of this Section 22 are met, Lender may require that I pay immediately the entire amount then remaining unpaid under the Note and under this Security Instrument. Lender may do this without making any further demand for payment. This requirement is called “Immediate Payment in Full.” If Lender requires Immediate Payment in Full, Lender may bring a lawsuit to take away all of my remaining rights in the Property and have the Property sold. At this sale Lender or another Person may acquire the Property. This is known as “Foreclosure and Sale.” In any lawsuit for Foreclosure and Sale, Lender will have the right to collect all costs and disbursements and additional allowances allowed by Applicable Law and will have the right to add all reasonable attorneys’ fees to the amount I owe Lender, which fees shall become part of the Sums Secured. Lender may require Immediate Payment in Full under this Section 22 only if all of the following conditions are met: (a) I fail to keep any promise or agreement made in this Security Instrument or the Note, including, but not limited to, the promises to pay the Sums Secured when due, or if another default occurs under this Security Instrument; (b) Xxxxxx sends to me, in the manner described in Section 15 of this Security Instrument, a notice that states: (1) The promise or agreement that I failed to keep or the default that has occurred; (2) The action that I must take to correct that default; (3) A date by which I must correct the default. That date will be at least 30 days from the date on which the notice is given; (4) That if I do not correct the default by the date stated in the notice, Lender may require Immediate Payment in Full, and Lender or another Person may acquire the Property by means of Foreclosure and Sale; (5) That if I meet the conditions stated in Section 19 of this Security Instrument, I will have the right to have Xxxxxx’s enforcement of this Security Instrument stopped and to have the Note and this Security Instrument remain fully effective as if Immediate Payment in Full had never been required; and (6) That I have the right in any lawsuit for Foreclosure and Sale to argue that I did keep my promises and agreements under the Note and under this Security Instrument, and to present any other defenses that I may have; and (c) I do not correct the default stated in the notice from Lender by the date stated in that notice.

Xxxxxx’s Rights If Borrower Fails to Keep Promises and Agreements. Except as provided in Section 18 13 of this Security Instrument, if all of the conditions stated in subsections (a), (b) and (c) of this Section 22 17 are met, Lender may require that I pay immediately the entire amount then remaining unpaid under the Note Loan Agreement and under this Security Instrument. Lender may do this without making any further demand for payment. This requirement is called “Immediate Payment in Full.” If Lender requires Immediate Payment in Full, Lender may bring a lawsuit to take away all of my remaining rights in the Property and have the Property sold. At this sale Lender or another Person may acquire the Property. This is known as “Foreclosure and Sale.” In any lawsuit for Foreclosure and Sale, Lender will have the right to collect all costs and disbursements and additional allowances allowed by Applicable Law and will have the right to add all reasonable attorneys’ fees to the amount I owe Lender, which fees shall become part of the Sums Secured. Lender may require Immediate Payment in Full under this Section 22 17 only if all of the following conditions are met: (a) I fail to keep any promise or agreement made in this Security Instrument or the NoteLoan Agreement, including, but not limited to, the promises to pay the Sums Secured when due, or if another default occurs under this Security Instrument; (b) Xxxxxx sends to me, in the manner described in Section 15 12 of this Security Instrument, a notice that states: (1) The promise or agreement that I failed to keep or the default that has occurred; (2) The action that I must take to correct that default; (3) A date by which I must correct the default. That date will be at least 30 thirty (30) days from the date on which the notice is given; (4) That if I do not correct the default by the date stated in the notice, Lender may require Immediate Payment in Full, and Lender or another Person may acquire the Property by means of Foreclosure and Sale; (5) That if I meet the conditions stated in Section 19 14 of this Security Instrument, I will have the right to have Xxxxxx’s enforcement of this Security Instrument stopped and to have the Note Loan Agreement and this Security Instrument remain fully effective as if Immediate Payment in Full had never been required; and (6) That I have the right in any lawsuit for Foreclosure and Sale to argue that I did keep my promises and agreements under the Note Loan Agreement and under this Security Instrument, and to present any other defenses that I may have; and (c) I do not correct the default stated in the notice from Lender by the date stated in that notice.

Xxxxxx’s Rights If Borrower Fails to Keep Promises and Agreements. Except as provided in Section 18 of this Security Instrument, if all After the occurrence of the conditions stated in subsections (a), (b) and (c) of this Section 22 are metbelow, Lender may require that I pay immediately the entire amount then remaining unpaid under the Note and under this Security Instrument. If all of the conditions stated in subsections (a), (b) and (c) of this Section 25 are met, Lender may do this without making any further demand for payment. This requirement is called “Immediate Payment immediate payment in Fullfull.” Lender may also require immediate payment in full if any of the events described in Section 15 occur, even if the conditions stated in subsections (a), (b) and (c) below are not met. If Lender requires Immediate Payment immediate payment in Fullfull, Lender may bring a lawsuit to take away all of my remaining rights in the Property and have the Property sold. At this sale Lender or another Person may acquire the Property. This is known as “Foreclosure foreclosure and Salesale.” In any lawsuit for Foreclosure foreclosure and Salesale, Lender will have the right to collect all costs and disbursements and additional allowances allowed by Applicable Law and will have the right to add all law. These costs include reasonable attorneys’ fees to the amount I owe Lender, which fees shall become part and costs of the Sums Securedtitle evidence. Lender may require Immediate Payment immediate payment in Full full under this Section 22 25 only if all of the following conditions are met: (a) I fail to keep any promise or agreement made in this Security Instrument or the NoteInstrument, including, but not limited to, including the promises to pay when due the Sums Secured when due, or if another default occurs under this Security InstrumentSecured; (b) Xxxxxx sends to me, in the manner described in Section 15 of this Security Instrument, me a notice that states: (1) The promise or agreement that I failed to keep or the default that has occurredkeep; (2) The action that I must take to correct that default; (3) A date by which I must correct the default. That date will must be at least 30 days from the date on which the notice is given; (4) That if I do not correct the default by the date stated in the notice, Lender may require Immediate Payment immediate payment in Fullfull, and Lender or another Person may acquire the Property by means of Foreclosure foreclosure and Salesale; (5) That if I meet the conditions stated in Section 19 of this Security Instrumentherein, I will have the right to have Xxxxxx’s enforcement of this Security Instrument stopped discontinued and to have the Note and this Security Instrument remain fully effective as if Immediate Payment immediate payment in Full full had never been required; and (6) That I have the right in any lawsuit for Foreclosure foreclosure and Sale sale to argue that I did keep my promises and agreements under the Note and under this Security Instrument, and to present any other defenses that I may have; and (c) I do not correct the default stated in the notice from Lender by the date stated in that notice.

Xxxxxx’s Rights If Borrower Fails to Keep Promises and Agreements. Except as provided After the occurrence of the conditions stated in Section 18 of subsections (a), (b) and (c) below, Lender may require that I pay immediately the entire amount then remaining unpaid under the Note and under this Security Instrument, if . If all of the conditions stated in subsections (a), (b) and (c) of this Section 22 are met, Lender may require that I pay immediately the entire amount then remaining unpaid under the Note and under this Security Instrument. Lender may do this without making any further demand for payment. This requirement is called “Immediate Payment immediate payment in Fullfull.” Lender may also require immediate payment in full if any of the events described in Section 18 occur, even if the conditions stated in subsections (a), (b) and (c) below are not met. If Lender requires Immediate Payment immediate payment in Fullfull, Lender may bring a lawsuit to take away all of my remaining rights in the Property and have the Property sold. At this sale Lender or another Person may acquire the Property. This is known as “Foreclosure foreclosure and Salesale.” In any lawsuit for Foreclosure foreclosure and Salesale, Lender will have the right to collect all costs and disbursements and additional allowances allowed by Applicable Law and will have the right to add all law. These costs include reasonable attorneys’ fees to the amount I owe Lender, which fees shall become part and costs of the Sums Securedtitle evidence. Lender may require Immediate Payment immediate payment in Full full under this Section 22 only if all of the following conditions are met: (a) I fail to keep any promise or agreement made in this Security Instrument or the NoteInstrument, including, but not limited to, including the promises to pay when due the Sums Secured when due, or if another default occurs under this Security InstrumentSecured; (b) Xxxxxx sends to me, at least 35 days before demanding immediate payment in the manner described in Section 15 of full or otherwise enforcing this Security Instrument, a notice that states: (1) The promise or agreement that I failed to keep or the default that has occurredkeep; (2) The action that I must take to correct that default; (3) A date My right to cure the default by which I must correct full payment of all amounts that are due under the default. That date will be at least 30 days from Note and under this Security Instrument, including reasonable interest and late charges specified in the date on which the notice is givenNote or this Security Instrument, as well as reasonable attorney fees; (4) An itemization of all past due amounts causing the loan to be in default; (5) An itemization of any other charges that must be paid in order to cure the default; (6) That if I do not correct the default by the date stated in the notice, Lender may require Immediate Payment immediate payment in Fullfull, and Lender or another Person may acquire the Property by means of Foreclosure foreclosure and Salesale; (5) That if I meet the conditions stated in Section 19 of this Security Instrument, I will have the right to have Xxxxxx’s enforcement of this Security Instrument stopped and to have the Note and this Security Instrument remain fully effective as if Immediate Payment in Full had never been required; and (6) That I have the right in any lawsuit for Foreclosure and Sale to argue that I did keep my promises and agreements under the Note and under this Security Instrument, and to present any other defenses that I may have; and (c) I do not correct the default stated in the notice from Lender by the date stated in that notice.

Xxxxxx’s Rights If Borrower Fails to Keep Promises and Agreements. Except as provided in Section 18 15 of this Security Instrument, if all of the conditions stated in subsections (a), (b) and (c) of this Section 22 19 are met, Lender may require that I pay immediately the entire amount then remaining unpaid under the Note and under this Security Instrument. Lender may do this without making any further demand for payment. This requirement is called “Immediate Payment in Full.” If Lender requires Immediate Payment in Full, Lender may bring a lawsuit to take away all of my remaining rights in the Property and have the Property sold. At this sale Lender or another Person may acquire the Property. This is known as “Foreclosure and Sale.” In any lawsuit for Foreclosure and Sale, Lender will have the right to collect all costs and disbursements and additional allowances allowed by Applicable Law and will have the right to add all reasonable attorneys’ fees to the amount I owe Lender, which fees shall become part of the Sums Secured. Lender may require Immediate Payment in Full under this Section 22 19 only if all of the following conditions are met: (a) I fail to keep any promise or agreement made in this Security Instrument or the Note, including, but not limited to, the promises to pay the Sums Secured when due, or if another default occurs under this Security Instrument; (b) Xxxxxx sends to me, in the manner described in Section 15 12 of this Security Instrument, a notice that states: (1) The promise or agreement that I failed to keep or the default that has occurred; (2) The action that I must take to correct that default; (3) A date by which I must correct the default. That date will be at least 30 days from the date on which the notice is given; (4) That if I do not correct the default by the date stated in the notice, Lender may require Immediate Payment in Full, and Lender or another Person may acquire the Property by means of Foreclosure and Sale; (5) That if I meet the conditions stated in Section 19 of this Security Instrument, I will have the right to have Xxxxxx’s enforcement of this Security Instrument stopped and to have the Note and this Security Instrument remain fully effective as if Immediate Payment in Full had never been required; and (6) That I have the right in any lawsuit for Foreclosure and Sale to argue that I did keep my promises and agreements under the Note and under this Security Instrument, and to present any other defenses that I may have; and (c) I do not correct the default stated in the notice from Lender by the date stated in that notice.