Common use of LIMITATION ON PERSONAL LIABILITIES Clause in Contracts

LIMITATION ON PERSONAL LIABILITIES. (a) Except as expressly set forth in paragraph 19(b) below, the recourse of Holder with respect to the obligations evidenced by this Note or set forth in any Loan Document shall be solely to the Property (as defined in the Deed of Trust) and , accordingly, except as expressly set forth in Paragraph 9(b) below, the obligations evidenced by the Note or set forth in the Loan Documents are non-recourse to anything other than the Property.

LIMITATION ON PERSONAL LIABILITIES. (a) Except as expressly set forth in paragraph 19(b) below, the recourse of Holder with respect to the obligations evidenced by this Note or set forth in any Loan Document shall be solely to the Property (as defined in the Deed of Trust) and and, accordingly, except as expressly set forth in Paragraph 9(b) below, the obligations evidenced by the Note or set forth in the Loan Documents are non-recourse to anything other than that the Property.