Common use of Borrower's Failure to Pay Clause in Contracts

Borrower's Failure to Pay. The Borrower's failure to pay any installment payment of principal, interest, the Servicing Fee or any other payment as the same becomes due under the Note.

Appears in 16 contracts

Sources: Home Construction/Permanent Loan Agreement, Construction Loan Agreement, Home Construction/Permanent Loan Agreement

Borrower's Failure to Pay. The Borrower's failure to pay any installment payment of principal, interest, the Servicing Fee Fee, if any, or any other payment as the same becomes due under the Note.

Appears in 13 contracts

Sources: Forgivable Loan Agreement, Forgivable Loan Agreement, Forgivable Loan Agreement