Common use of Future Advances Clause in Contracts

Future Advances. Upon request by Borrower(s), Lender, at Lender’s option, may make Future Advances to Borrower(s). Such Future Advances, with interest thereon, shall be evidenced by promissory notes which shall be secured by amendments to this Mortgage. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed one hundred fifty percent (150%) of the original amount of the Note.

Future Advances. Upon request by Borrower(s)Borrower, Lender, at Lender’s option, may make Future Advances to Borrower(s)Borrower. Such Future Advances, with interest thereon, shall be secured by this Deed of Trust whether or not evidenced by promissory notes which shall be stating that said notes are secured by amendments to this Mortgagehereby. At no time shall the principal amount of the indebtedness secured by this MortgageDeed of Trust, not including sums advanced in accordance herewith to protect the security of this MortgageDeed of Trust, exceed one hundred fifty percent (150%) of the original amount of the Note.

Future Advances. Upon request by Borrower(s)Borrower, Lender, at Lender’s option, may make future advances (“Future Advances Advances”) to Borrower(s)Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage whether or not evidenced by promissory notes which shall be stating that said notes are secured by amendments to this Mortgagehereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed one hundred fifty percent (150%) of the original amount of the Note.

Future Advances. Upon request by Borrower(s)Borrower, Lender, at Lender’s option, may make Future Advances to Borrower(s)Borrower. Such Future Advances, with interest thereon, shall be secured by this Deed of Trust whether or not evidenced by promissory notes which shall be stating that said notes are secured by amendments to this Mortgagehereby. At no time shall the principal amount of the indebtedness secured by this MortgageDeed of Trust, not including sums advanced in accordance herewith to protect the security of this MortgageDeed of Trust, exceed one hundred fifty percent (150%) of the original principal amount of the Note.

Future Advances. Upon request by Borrower(s), Lender, at Lender’s option, may make Future Advances to Borrower(s). Such Future Advances, with interest thereon, shall be secured by this Deed of Trust when evidenced by promissory notes which shall be stating that said notes are secured by amendments to this Mortgagehereby. At no time shall the principal amount of the indebtedness secured by this MortgageDeed of Trust, not including sums advanced in accordance herewith to protect the security of this MortgageDeed of Trust, exceed one hundred fifty percent (150%) of the original amount of the Note.

Future Advances. Upon request by Borrower(s), Lender, at Lender’s option, may make Future Advances to Borrower(s). Such Future Advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes which shall be stating that said notes are secured by amendments to this Mortgagehereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed one hundred fifty percent (150%) of the original amount of the Note.

Future Advances. Upon request by Borrower(s)Borrower, LenderHolder, at LenderHolder’s option, may make Future Advances to Borrower(s)Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes which shall be stating that said notes are secured by amendments to this Mortgagehereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed one hundred fifty percent (150%) of the original amount of the Note.

Future Advances. Upon request by Borrower(s), Lender, at Lender’s option, may make Future Advances to Borrower(s). Such Future Advances, with interest thereon, shall be secured by this Mortgage whether or not evidenced by promissory notes which shall be stating that said notes are secured by amendments to this Mortgagehereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed one hundred fifty percent (150%) of the original amount of the Note.

Future Advances. Upon request by Borrower(s)▇▇▇▇▇▇▇▇, Lender▇▇▇▇▇▇, at Lender▇▇▇▇▇▇’s option, option may make Future Advances to Borrower(s)Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes which shall be stating that said notes are secured by amendments to this Mortgagehereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed one hundred fifty percent three (150%3) of times the original amount of the Note.