Common use of Successors and Assigns Bound; Joint and Several Liability; Co-signers Clause in Contracts

Successors and Assigns Bound; Joint and Several Liability; Co-signers. The Borrower's interest under the Note and this Mortgage may not be transferred, assigned, or assumed without the written consent of Lender. The covenants and agreements herein contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower. All covenants and agreements of Borrower shall be joint and several.

Appears in 2 contracts

Samples: Mortgage, Mortgage

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Successors and Assigns Bound; Joint and Several Liability; Co-signers. The Borrower's ’s interest under the Note and this Mortgage may not be transferred, assigned, or assumed without the prior written consent of Lender, which consent shall not be unreasonably withheld. The covenants and agreements agreement herein contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower. All covenants and agreements of Borrower shall be joint and several.

Appears in 1 contract

Samples: Mortgage, Security Agreement

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Successors and Assigns Bound; Joint and Several Liability; Co-signers. The Borrower's interest under the Note and this Mortgage may not be transferred, assigned, or assumed without the written consent of LenderXxxxxx. The covenants and agreements herein contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender Xxxxxx and BorrowerXxxxxxxx. All covenants and agreements of Borrower shall be joint and several.

Appears in 1 contract

Samples: Mortgage

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