Common use of Beneficiary Statements Clause in Contracts

Beneficiary Statements. The Grantor agrees to pay the Beneficiary for each statement of the Beneficiary as to the obligations secured hereby, furnished at the Grantor’s request, the maximum fee allowed by law, or if there be no maximum fee, then such reasonable fee as is charged by the Beneficiary as of the time said statement is furnished. The Grantor further agrees to pay the charges of the Beneficiary for any other service rendered the Grantor, or on its behalf, in connection with this Deed of Trust or the Obligations, including without limitation the delivery to an escrow holder of a request for full or partial reconveyance of this Deed of Trust, transmitting records pertaining to this Deed of Trust and the Obligations to show a new owner of the said real estate, and replacing an existing policy of insurance held hereunder with another such policy.

Appears in 2 contracts

Sources: Credit Agreement (Applied Medical Corp), Credit Agreement (Applied Medical Corp)