Common use of Additional Expenditures by Lender Clause in Contracts

Additional Expenditures by Lender. Borrower agrees that all sums paid or expended by Lender under the terms of this Agreement in excess of the amount of the Loan shall be considered to be an additional loan to Borrower and the repayment thereof, together with interest thereon at the Default Rate, shall be secured by the Security Instrument and the other Loan Documents and shall be immediately due and payable upon demand, and Borrower agrees to pay such sum upon demand. Nothing contained herein, however, shall obligate Lender to make such advances.

Additional Expenditures by Lender. Borrower agrees that all sums paid or expended by Lender under the terms of this Agreement in excess of the amount of the Loan shall be considered to be an additional loan to Borrower and the repayment thereof, together with interest thereon at the Default Raterate of interest payable on matured but unpaid principal of or interest on the Note, shall be secured by the Security Instrument Mortgage and the other Loan Documents and shall be immediately due and payable upon demandwithout notice, and Borrower agrees to pay such sum upon demand. Nothing contained herein, however, shall obligate Lender to make such advances.

Additional Expenditures by Lender. Borrower agrees that all sums paid or expended by Lender under the terms of this Agreement the Loan Documents in excess of the amount of the Loan shall be considered to be an additional loan to Borrower and the repayment thereof, together with interest thereon at the Default RateRate from the date of expenditure until paid, all of which shall be secured by constitute a portion of the Security Instrument and the other Loan Documents Indebtedness and shall be immediately due and payable upon demandwithout notice, and Borrower agrees to pay such sum upon demand. Nothing contained herein, however, shall obligate Lender to make such advances.

Additional Expenditures by Lender. Borrower agrees that all sums paid or expended by Lender under the terms of this Agreement in excess of the amount of the Loan shall be considered to be an additional loan to Borrower and the repayment thereof, together with interest thereon at the Default Raterate of interest payable on matured but unpaid principal of or interest on the Note, shall be secured by the Security Instrument Deed of Trust and the other Loan Documents and shall be immediately due and payable upon demandwithout notice, and Borrower agrees to pay such sum upon demand. Nothing contained herein, however, shall obligate Lender to make such advances.