Loan Servicing. All actions regarding the servicing of the Mortgage Loan, including the collection of payments, the giving and receipt of notice, inspections of the Mortgaged Property, inspections of books and records, and the granting of consents and approvals, may be taken by the Loan Servicer unless Borrower receives written notice to the contrary. If Borrower receives conflicting notices regarding the identity of the Loan Servicer or any other subject, any such written notice from Lender shall govern. The Loan Servicer may change from time to time (whether related or unrelated to a sale of the Mortgage Loan). If there is a change of the Loan Servicer, Borrower will be given written notice of the change.
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Samples: Multifamily Loan and Security Agreement, Multifamily Loan and Security Agreement
Loan Servicing. All actions regarding the servicing of the Mortgage LoanAdvances, including the collection of payments, the giving and receipt of notice, inspections of the Mortgaged PropertyProperties, inspections of books and records, and the granting of consents and approvals, may be taken by the Loan Servicer unless Borrower receives written notice to the contrary. If Borrower receives conflicting notices regarding the identity of the Loan Servicer or any other subject, any such written notice from Lender shall govern. The Loan Servicer may change from time to time (whether related or unrelated to a sale of the Mortgage LoanAdvances). If there is a change of the Loan Servicer, Borrower will be given written notice of the change.
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Samples: Master Credit Facility Agreement (Brookdale Senior Living Inc.)
Loan Servicing. All actions regarding the servicing of the Mortgage LoanAdvances, including the collection of payments, the giving and receipt of notice, inspections of the Mortgaged PropertyProperties, inspections of books and records, and the granting of consents and approvals, may be taken by the Loan Servicer unless Borrower receives written notice to the contrary. If Borrower receives conflicting notices regarding the identity of the Loan Servicer or any other subject, any such written notice from Lender shall govern. The Loan Servicer may change from time to time (whether related or unrelated to a sale of the Mortgage LoanAdvances). If there is a change of the Loan Servicer, Borrower will be given written notice of the change.
Appears in 1 contract
Samples: Master Credit Facility Agreement (Steadfast Apartment REIT, Inc.)
Loan Servicing. All actions regarding the servicing of the Mortgage Loan, including the collection of payments, the giving and receipt of notice, inspections of the Mortgaged Property, inspections of books and records, and the granting of consents and approvals, may be taken by the Loan Servicer unless Borrower Xxxxxxxx receives written notice to the contrary. If Borrower Xxxxxxxx receives conflicting notices regarding the identity of the Loan Servicer or any other subject, any such written notice from Lender shall govern. The Loan Servicer may change from time to time (whether related or unrelated to a sale of the Mortgage Loan). If there is a change of the Loan Servicer, Borrower will be given written notice of the change.
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