YOU FAIL TO MEET YOUR COMMITMENTS. Security Interest If you fail to meet your commitments under this contract, then to the extent of the security interest we may be entitled to repossess and sell this property and if the net proceeds that we receive from a sale of the property are insufficient to repay the total amount owing to us then you will remain indebted to us for the remaining balance owing after the application of the net proceeds to the loan.
Appears in 5 contracts
Samples: Loan Agreement, Loan and Security Deed, Loan Agreement
