The fresh new treatments provided for herein are cumulative and so are perhaps not personal of any most other remedies provided with laws

Borrower agrees to blow to Lender sensible attorneys’ charges and you can practical courtroom expenses incurred from inside the implementing Lender’s rights, vitality and you may treatments less than so it Contract and every other Loan File

Section 7.03 Due and you can 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.

An event from Standard hereunder and you will less than people Mention or lower than some of the Mortgage Data files are going to be deemed getting carried on unless and up to waived on paper because of the Bank, once the offered 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 or waiver affected in line with this information VIII should getting joining abreast of Lender and you can Borrower; and Lender’s incapacity to insist upon the latest rigorous overall performance of any term, status or any other provision from the Contract, the newest Note or some of the Financing Data files, or even to exercise people correct otherwise remedy hereunder otherwise thereunder, will maybe not make-up an effective waiver because of the Lender of every like name, condition and other supply https://paydayloanalabama.com/ivalee/ otherwise Standard otherwise Feel regarding Default inside relationship therewith, neither will one otherwise partial take action of any eg right otherwise option preclude various other otherwise coming get it done, or perhaps the get it done of any almost every other best or solution; and you may any waiver of every for example name, standing or any other provision or of every like Standard or Feel out-of Default should not apply at or change which Arrangement, brand new Mention otherwise the Mortgage Documents, and each and every label, condition or any other provision on the Contract, this new Note as well as the Loan Data files should, this kind of experiences, continue in full push and you can perception and is medical having respect to almost any most other following established or then Default or Experiences out of Default within the relationship therewith. 02.