Common use of All Collateral Secures Indebtedness Clause in Contracts

All Collateral Secures Indebtedness. All Collateral shall be security for the Indebtedness, whether the Collateral is located at one or more offices or branches of Lender. This will be the case whether or not the office or branch where Grantor obtained Grantor’s loan knows about the Collateral or relied upon the Collateral as security. COMMERCIAL PLEDGE AGREEMENT (Continued) Collection of Collateral. Lender at Lender’s option may, but need not, collect the Income and Proceeds directly from the Obligors. Grantor authorizes and directs the Obligors, if Xxxxxx decides to collect the Income and Proceeds, to pay and deliver to Lender all Income and Proceeds from the Collateral and to accept Lenders receipt for the payments.

All Collateral Secures Indebtedness. All Collateral shall be security for the Indebtedness, whether the Collateral is located at one or more offices or branches of Lender. This will be the case whether or not the office or branch where Grantor obtained Grantor’s loan knows about the Collateral or relied relies upon the Collateral as security. COMMERCIAL PLEDGE AGREEMENT (Continued) Collection of Collateral. Lender at Lender’s option may, but need not, collect the Income and Proceeds directly from the Obligors. Grantor authorizes and directs the Obligors, if Xxxxxx decides to collect the Income and Proceeds, to pay and deliver to Lender all Income and Proceeds from the Collateral and to accept Lenders Xxxxxx’s receipt for the payments.

All Collateral Secures Indebtedness. All Collateral shall be security for the Indebtednessindebtedness, whether the Collateral collateral is located at one or more offices or branches of Lender. This will be the case whether or not the office or branch where Grantor obtained Grantor’s loan knows about the Collateral or relied roofs upon the Collateral as security. COMMERCIAL PLEDGE AGREEMENT (Continued) Collection of Collateralcollateral. Lender at Lender’s option may, but need not, collect the Income income and Proceeds directly from the Obligors. Grantor authorizes and directs the Obligors, if . If Xxxxxx decides to collect the Income income and Proceeds, to pay and deliver to Lender all Income and Proceeds from the Collateral and to accept Lenders Xxxxxx’s receipt for the payments.

All Collateral Secures Indebtedness. All Collateral shall be security for the Indebtedness, whether the Collateral is Is located at one or more offices moreoffices or branches of Lender. This will be the case whether or not the office or branch where Grantor obtained Grantor’s 's loan knows about the Collateral or relied relies upon the Collateral as security. COMMERCIAL PLEDGE AGREEMENT (Continued) Collection of Collateral. Lender at Lender’s 's option may, but need not, collect the Income and Proceeds directly from the Obligors. Grantor authorizes and directs the Obligors, if Xxxxxx decides to collect the Income and Proceeds, to pay and deliver to Lender all Income and Proceeds from the Collateral and to accept Lenders Xxxxxx's receipt for the payments.