Common use of Advances by Mortgagee Clause in Contracts

Advances by Mortgagee. Each and every covenant herein contained shall ---------------------- be performed and kept by Mortgagors solely at Mortgagors' expense. If Mortgagors shall fail to perform or keep any of the covenants of whatsoever kind or nature contained in this Mortgage, Mortgagee or any receiver appointed hereunder may, but shall not be obligated to, make advances to perform the same on Mortgagors' behalf, and Mortgagors hereby agree to repay such sums upon demand plus interest at a rate per annum equal to the rate of interest set forth in Section 4.11 of the Note. No such advance shall be deemed to relieve Mortgagors from any Event of Default hereunder.

Advances by Mortgagee. Each and every covenant herein contained shall ---------------------- be performed and kept by Mortgagors each Mortgagor solely at Mortgagors' ’ expense. If Mortgagors any Mortgagor shall fail to perform or keep any of the covenants of whatsoever kind or nature contained in this Mortgage, Mortgagee or any receiver appointed hereunder hereunder, may, but shall not be obligated to, make advances to perform the same on Mortgagors' such Mortgagor’s behalf, and Mortgagors each Mortgagor hereby agree agrees to repay such sums upon demand plus interest at a rate per annum equal to the default rate of interest set forth in Section 4.11 of the Note. No such advance shall be deemed to relieve Mortgagors any Mortgagor from any Event of Default hereunder.

Advances by Mortgagee. Each and every covenant herein contained shall ---------------------- be performed and kept by Mortgagors solely at Mortgagors' ’ expense. If Mortgagors shall fail to perform or keep any of the covenants of whatsoever kind or nature contained in this Mortgage, Mortgagee or any receiver appointed hereunder may, but shall not be obligated to, make advances to perform the same on Mortgagors' ’ behalf, and Mortgagors hereby agree to repay such sums upon demand plus interest at a rate per annum equal to the rate of interest set forth in Section 4.11 2.2 of the NoteNotes. No such advance shall be deemed to relieve Mortgagors from any Event of Default hereunder.

Advances by Mortgagee. Each and every covenant herein contained shall ---------------------- --------------------- be performed and kept by Mortgagors Mortgagor solely at Mortgagors' Mortgagor's expense. If Mortgagors Mortgagor shall fail to perform or keep any of the covenants of whatsoever kind or nature contained in this Mortgage, Mortgagee or any receiver appointed hereunder may, but shall not be obligated to, make advances to perform the same on Mortgagors' Mortgagor's behalf, and Mortgagors Mortgagor hereby agree agrees to repay such sums upon demand plus interest at a rate per annum equal to the rate of interest set forth in Section 4.11 2.2 of the Note. No such advance shall be deemed to relieve Mortgagors Mortgagor from any Event of Default hereunder.

Advances by Mortgagee. Each and every covenant herein contained shall ---------------------- --------------------- be performed and kept by Mortgagors solely at Mortgagors' expense. If Mortgagors shall fail to perform or keep any of the covenants of whatsoever kind or nature contained in this Mortgage, Mortgagee or any receiver appointed hereunder may, but shall not be obligated to, make advances to perform the same on Mortgagors' behalf, and Mortgagors hereby agree to repay such sums upon demand plus interest at a rate per annum equal to the rate of interest set forth in Section 4.11 4.2 of the Note. No such advance shall be deemed to relieve Mortgagors from any Event of Default hereunder.