New cures taken to herein try cumulative and are usually maybe not private of any almost every other cures provided by legislation

Debtor believes to pay to Financial realistic attorneys’ charges and you will sensible legal costs incurred inside implementing Lender’s liberties, energies and you will treatments less than this Agreement and each most other Mortgage Document

Section 7.03 Due and you will 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 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.

A meeting away from Standard hereunder and you may less than any Notice or lower than some of the Loan Files is going to be considered getting continuing until and you can up until waived in writing by the Bank, because the given within the Section eight

Section 7.05 Default Price. 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 Agreement. 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 https://paydayloanalabama.com/onycha/ 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 or waiver effected according to this short article VIII should be binding upon Financial and Debtor; and you will Lender’s failure so you’re able to insist upon the strict abilities of every name, status or any other supply of Agreement, the newest Mention or all Mortgage Data, or even to get it done any best otherwise remedy hereunder or thereunder, will not compose a great waiver from the Bank of any such as for instance identity, status or any other provision otherwise Default otherwise Event out-of Standard into the connection therewith, nor should one otherwise limited do it of every such right otherwise solution prevent any otherwise future exercise, or even the do so of any other right or remedy; and you may people waiver of every such as for instance title, updates or other supply or of any including Default otherwise Event regarding Default shall perhaps not affect otherwise transform that it Contract, the new Note otherwise all Mortgage Files, and each term, position and other provision regarding the Agreement, the brand new Notice therefore the Loan Records will, this kind of skills, remain entirely push and effect and you may is medical with admiration to almost any almost every other next current otherwise further Default otherwise Enjoy off Standard within the partnership therewith. 02.