Multi-Note System. When the Lender, selects this option, the Lender will transfer to the Holder one of the Borrower's executed notes and Loan Note Guarantee attached to the Borrower's note. However, all rights under the security instruments will remain with the Lender and in all cases inure to its and the Government's benefit notwithstanding and contrary provisions of state law.
Appears in 3 contracts
Sources: Lender's Agreement, Lender's Agreement, Lender's Agreement