NOTICE TO BORROWER definition

NOTICE TO BORROWER. The mortgagor or trustor (▇▇▇▇▇▇▇▇) is personally obligated and fully liable for the amount due under this Note as provided in Section 9 of this Note. The mortgagee or beneficiary (▇▇▇▇▇▇) has the right to sue on this Note and obtain a personal judgment against the mortgagor or trustor (Borrower) for satisfaction of the amount due under this Note either before or after a judicial foreclosure of the Instrument under AS 09.45.170 - 09.45.220.

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NOTICE TO BORROWER. This written agreement is the final expression of the agreement between you and the Lender, and as such it may not be contradicted by evidence of any prior oral agreement or of a contemporaneous oral agreement between you and the Lender.

NOTICE TO BORROWER means a notice, substantially in the form of Exhibit N hereto, which the Buyer may instruct the Backup Servicer to send to each borrower of a Purchased Asset subject to a Transaction after the occurrence and continuance of an Event of Default.

Examples of NOTICE TO BORROWER in a sentence

• LENDER MAY ASSIGN ANY OF THE NOTES, THIS SECURITY AGREEMENT OR ITS SECURITY INTEREST IN ANY OR ALL COLLATERAL, OR ANY OR ALL OF THE ABOVE, IN WHOLE OR IN PART TO ONE OR MORE ASSIGNEES OR SECURED PARTIES WITHOUT NOTICE TO BORROWER.

• IF SUCH SUBSTITUTE AGENT IS NOT TIMELY APPOINTED, LENDER SHALL, IN ITS SOLE DISCRETION, HAVE THE RIGHT TO DESIGNATE A SUBSTITUTE AGENT UPON FIVE (5) DAYS NOTICE TO BORROWER.

• BANK MAY RELEASE, COMPROMISE, FORBEAR WITH RESPECT TO, WAIVE, SUSPEND, EXTEND OR RENEW ANY OF THE TERMS OF THE CREDIT DOCUMENTS, WITHOUT NOTICE TO BORROWER.

• BORROWER CONSENTS TO AND CONFERS PERSONAL JURISDICTION OVER IT BY SUCH COURT OR COURTS AND AGREES THAT SERVICE OF PROCESS MAY BE MADE UPON IT BY MAILING A COPY OF THE SUMMONS TO IT AT THE ADDRESS FOR NOTICE TO BORROWER SET FORTH IN SECTION 9.2 ABOVE, AND IN ANY SUCH ACTION EACH OF BORROWER AND BANK KNOWINGLY, VOLUNTARILY AND IRREVOCABLY WAIVES THE RIGHT TO DEMAND A TRIAL BY JURY.

• IN THE EVENT SERVICE OF PROCESS IS MADE ON CORPORATION SERVICE COMPANY, LENDER WILL SEND A COURTESY NOTICE (SERVICE SHALL NOT BE AFFECTED BY LENDER'S FAILURE TO SEND SUCH NOTICE) TO BORROWER AT THE ADDRESS SET FORTH IN SECTION 10.1 OF THE LOAN AGREEMENT FOR PREFERRED EQUITIES CORPORATION.

• IF BORROWER FAILS TO PROVIDE LENDER WITH EVIDENCE OF THE INSURANCE COVERAGE REQUIRED BY THIS LOAN AGREEMENT, INCLUDING, WITHOUT LIMITATION, FLOOD INSURANCE TO THE EXTENT EXPRESSLY REQUIRED HEREUNDER, LENDER MAY, IN ITS SOLE DISCRETION (AND WITHOUT PRIOR NOTICE TO BORROWER IF THERE IS A LAPSE IN COVERAGE), PURCHASE INSURANCE AT BORROWER'S EXPENSE TO PROTECT THE PROJECT; SUCH INSURANCE MAY BE PLACED BY LENDER DURING ANY STATUTORY OR OTHER REQUIRED NOTICE PERIOD.

• IN ADDITION TO THE FOREGOING, LENDER SHALL HAVE THE RIGHT WITHOUT NOTICE TO BORROWER TO SELL PARTICIPATIONS IN THE LOAN TO ONE OR MORE FINANCIAL INSTITUTIONS.

• Upon the satisfaction and discharge of this Supplemental Indenture, all monies then held by any Paying Agent (if other than the Securities Administrator) shall, upon written request of the Company, be repaid to it or paid to the Securities Administrator, and thereupon such Paying Agent shall be released from all further liability with respect to such monies.

• LENDER (I) SHALL GIVE PROMPT NOTICE TO BORROWER AND GUARANTOR OF ANY CHANGE IN THE ADDRESS FOR LENDER SET FORTH HEREIN, (II) MAY AT ANY TIME AND FROM TIME TO TIME DESIGNATE AN AUTHORIZED AGENT OF LENDER WITH AN OFFICE IN NEW YORK, NEW YORK (WHICH AGENT AND OFFICE SHALL BE DESIGNATED AS THE PERSON AND ADDRESS FOR SERVICE OF PROCESS), AND (III) SHALL PROMPTLY DESIGNATE AN AUTHORIZED AGENT IF LENDER CEASES TO HAVE AN OFFICE IN NEW YORK, NEW YORK.

• BANK RESERVES THE RIGHT TO CHANGE ALL FEES SET FORTH IN THIS SCHEDULE OF CHARGES UPON WRITTEN NOTICE TO BORROWER.

More Definitions of NOTICE TO BORROWER

NOTICE TO BORROWER. Any notice required to be given by Bank under the provisions of this Note shall be effective as to each Borrower and each Obligor when addressed to Borrower and deposited in the mail, postage prepaid, for delivery by first class mail at Borrower's mailing address as it appears on Bank's records.

NOTICE TO BORROWER. Second Mortgage (MRB 016) 8. Copy of Homebuyer Education Certificate 1. Mortgage Revenue Bond Checklist (MRB 002) 2. FHA Transmittal or VA Loan Analysis or ▇▇▇▇▇▇ ▇▇▇ 1008

NOTICE TO BORROWER. Name: Address: Phone: E-mail: Fax: Notice to Lender: Name: ▇▇▇-▇▇▇-▇▇▇▇ ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇. ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇ 5037030740 ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Address: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ Phone: E-mail: Fax: ▇▇▇-▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇

NOTICE TO BORROWER means a notice substantially in the form attached hereto as EXHIBIT AA-1 advising the applicable Borrower of the assignment of the lender's interest under the applicable Loan Documents and directing that all amounts becoming due and payable under the applicable Loan Documents from and after the Closing Date be paid to or at the direction of the Purchaser.