Examples of HUD Loan in a sentence
The obligations of Guarantor under this Guaranty are independent of the obligations of the HUD Loan Documents.
The rights of the Lender under this Guaranty shall be in addition to and not in limitation of all of the rights and remedies of the Lender under the other HUD Loan Documents.
No delay on the part of the Lender in exercising any right, power or privilege hereunder or under any of the HUD Loan Documents and/or this Guaranty shall operate as a waiver of any such privilege, power or right.
Subject to the limitations contained in Section 28 of this Guaranty, Guarantor guarantees that the obligations of the HUD Loan Documents shall be paid, performed and observed strictly in accordance with the terms of the HUD Loan Documents.
This Guaranty will terminate (“Termination”) upon the full performance, payment and satisfaction of all of the Guaranteed Obligations and the termination of all HUD Loan Documents or upon the death of the Guarantor, if such Guarantor is an individual.