Common use of Consent of Spouse Clause in Contracts

Consent of Spouse. Unless such affidavits and other documents are separately delivered to the Lender as required under Applicable Laws to release to the Lender any claim or interest of a Spouse in and to the Property, any Spouse who is signing the Mortgage Form consents to the granting of this Mortgage by the Borrower and releases to the Lender any claim or interest that the Spouse has or may have in the Property under Applicable Laws as far as such release is necessary to give effect to the Lender's rights under this Mortgage.

Consent of Spouse. Unless such affidavits and other documents are separately delivered to the Lender as required under Applicable Laws to release to the Lender any claim or interest of a Spouse in and to the Property, any Spouse who is signing the Mortgage Form consents to the granting of this Mortgage by the Borrower and releases to the Lender any claim or interest that the Spouse has or may have in the Property under Applicable Laws as far as such release is necessary to give effect to the Lender's ’s rights under this Mortgage.