Common use of Xxxxxx’s Rights If Borrower Fails to Keep Promises and Agreements Clause in Contracts

Xxxxxx’s Rights If Borrower Fails to Keep Promises and Agreements. Except as provided in Section 18 of this Security Instrument, if all of the conditions stated in subsections (a), (b) and (c) of this Section 22 are met, Lender may require that I pay immediately the entire amount then remaining unpaid under the Note and under this Security Instrument. Lender may do this without making any further demand for payment. This requirement is called “Immediate Payment in Full.” If Lender requires Immediate Payment in Full, Lender may bring a lawsuit to take away all of my remaining rights in the Property and have the Property sold. At this sale Lender or another Person may acquire the Property. This is known as “Foreclosure and Sale.” In any lawsuit for Foreclosure and Sale, Lender will have the right to collect all costs and disbursements and additional allowances allowed by Applicable Law and will have the right to add all reasonable attorneys’ fees to the amount I owe Lender, which fees shall become part of the Sums Secured. Lender may require Immediate Payment in Full under this Section 22 only if all of the following conditions are met:

Appears in 5 contracts

Samples: cdn.lhfs.com, www.newyorktitle.com, www.freddiemac.com

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Xxxxxx’s Rights If Borrower Fails to Keep Promises and Agreements. Except as provided in Section 18 13 of this Security Instrument, if all of the conditions stated in subsections (a), (b) and (c) of this Section 22 17 are met, Lender may require that I pay immediately the entire amount then remaining unpaid under the Note Loan Agreement and under this Security Instrument. Lender may do this without making any further demand for payment. This requirement is called “Immediate Payment in Full.” If Lender requires Immediate Payment in Full, Lender may bring a lawsuit to take away all of my remaining rights in the Property and have the Property sold. At this sale Lender or another Person may acquire the Property. This is known as “Foreclosure and Sale.” In any lawsuit for Foreclosure and Sale, Lender will have the right to collect all costs and disbursements and additional allowances allowed by Applicable Law and will have the right to add all reasonable attorneys’ fees to the amount I owe Lender, which fees shall become part of the Sums Secured. Lender may require Immediate Payment in Full under this Section 22 17 only if all of the following conditions are met:

Appears in 1 contract

Samples: www.ocbc.com

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Xxxxxx’s Rights If Borrower Fails to Keep Promises and Agreements. Except as provided in Section 18 15 of this Security Instrument, if all of the conditions stated in subsections (a), (b) and (c) of this Section 22 19 are met, Lender may require that I pay immediately the entire amount then remaining unpaid under the Note and under this Security Instrument. Lender may do this without making any further demand for payment. This requirement is called “Immediate Payment in Full.” If Lender requires Immediate Payment in Full, Lender may bring a lawsuit to take away all of my remaining rights in the Property and have the Property sold. At this sale Lender or another Person may acquire the Property. This is known as “Foreclosure and Sale.” In any lawsuit for Foreclosure and Sale, Lender will have the right to collect all costs and disbursements and additional allowances allowed by Applicable Law and will have the right to add all reasonable attorneys’ fees to the amount I owe Lender, which fees shall become part of the Sums Secured. Lender may require Immediate Payment in Full under this Section 22 19 only if all of the following conditions are met:

Appears in 1 contract

Samples: c1205b3963f85910ef48-8cba088fab863ca0f22e036602078b71.r41.cf1.rackcdn.com

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