Cross-Default with Master Agreement. The occurrence of an Event of Default under the Master Agreement shall constitute a default under the Instrument. Upon the occurrence of an Event of Default under the Master Agreement, Lender, at Lender's option, may exercise any or all of the remedies to which it may be entitled under the Instrument or any Collateral Agreement or other Loan Documents upon the breach of any covenant or agreement by Grantor under the Instrument, including, without limitation, all of the remedies set forth in Covenant 27 of the Instrument and Paragraph I of the Rider to Multifamily Instrument.
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Sources: Deed of Trust (Town & Country Trust)
Cross-Default with Master Agreement. The occurrence of an Event of Default under the Master Agreement shall constitute a default under the Instrument. Upon the occurrence of an Event of Default under the Master Agreement, Lender, at Lender's option, may exercise any or all of the remedies to which it may be entitled under the Instrument or any Collateral Agreement or other Loan Documents upon the breach of any covenant or agreement by Grantor under the Instrument, including, without limitation, all of the remedies set forth in Covenant 27 of the Instrument and Paragraph I of the Rider to Indemnity Multifamily Instrument.
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