Borrower believes to invest so you can Financial realistic attorneys’ fees and you can practical judge expenditures incurred in the enforcing Lender’s legal rights, efforts and you will treatments less than so it Agreement and every almost every other Mortgage File

Section 7.03 Due and Payable. Upon the occurrence of any Event of Default which has not been waived in writing by Lender, Lender may, by notice to Borrower, declare all Obligations to be immediately due and payable, and any obligation of Lender to make any Loan Advance to Borrower shall thereupon immediately terminate. Upon such declaration, the Obligations shall become immediately due and payable, both as to principal and interest, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, anything contained herein or in the Note or other evidence of such Obligations to the contrary notwithstanding, except with respect to any Event of Default set forth in Section 7.01(d), in which case all Obligations shall automatically become immediately due and payable without the necessity of any notice loans in Meridianville or other demand, and any obligation of Lender to make any Loan Advance to Borrower shall immediately terminate. Lender e and exercise any or all of the rights, powers and remedies possessed by Lender, whether under this Agreement or any other Loan Document or afforded by applicable law.

An event out-of Standard hereunder and you may significantly less than one Note or below all Financing Records is going to be considered become persisted unless of course and you will up until waived written down because of the Bank, because given in the Area eight

Section 7.05 Standard Speed. Without regard to whether Lender has exercised any other rights or remedies hereunder, if an Event of Default shall have occurred and be continuing, the applicable Margin in respect of the Interest Rate under the Note shall be increased, to the extent permitted by law, as set forth in clauses (iii)(A) and (iii)(B), as applicable, of the definition of Margin.

Section 8.01 Entire Contract. This Agreement (including the Schedules and Exhibits hereto) constitutes the entire agreement of the parties hereto and supersedes any and all prior or contemporaneous agreements, written or oral, as to the matters contained herein, and no modification or waiver of any provision hereof or of the Note or any of the Loan Documents, nor consent to the departure by Borrower therefrom, shall be effective unless the same is in writing, and then such waiver or consent shall be effective only in the specific instance, and for the purpose, for which it is given.

Section 8.02 Waivers, endment otherwise waiver effected prior to this particular article VIII shall getting joining abreast of Financial and Debtor; and Lender’s incapacity to help you require new tight abilities of every identity, position or other supply regarding the Contract, the fresh new Notice otherwise some of the Mortgage Data, or even to do so people right otherwise solution hereunder otherwise thereunder, shall maybe not create a beneficial waiver because of the Bank of every like label, standing or other supply otherwise Default otherwise Event regarding Standard in union therewith, nor should a single or limited take action of every such as for example best or answer preclude other or future do it, or even the get it done of every almost every other best or solution; and any waiver of any like name, standing and other provision or of every like Standard or Enjoy out-of Default should perhaps not apply at or alter it Agreement, new Notice otherwise all Mortgage Documents, and every title, standing and other supply associated with Contract, the latest Note plus the Loan Files should, in such feel, keep completely force and you will effect and should be surgical having admiration to your other following present otherwise after that Standard otherwise Experiences from Default in commitment therewith. 02.