Examples of Obligations Secured in a sentence
Emergency response personnel provided by outside agencies (i.e. fire department etc.) will remain under the direction and control of the sponsoring organization but will be responsive to the EOC through the on-sight commander.
You may only exercise your respective right of conversion if, at the time you request conversion, you are in full and current compliance with all of the Obligations Secured.
However, if you are in default of any of the Obligations Secured, we may apply your payment or any other money we receive towards any part of the outstanding Loan Amount we choose.
If we obtain a judgment with respect to any of the Obligations Secured, those obligations will not merge in such judgment and will continue to be enforceable by us until fully paid and performed.
Our interest in Your Property ends when you have paid, fulfilled and performed all of the Obligations Secured and you and we have agreed that the Mortgage will thereafter not be available to secure new credit or advances.