Common use of Future Advances Clause in Contracts

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

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

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

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

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

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

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