Excess Monies. Lender may apply on account of the Liabilities any unexpended monies still retained by Lender that were paid by Borrower to Lender for the payment of, or as security for the payment of, taxes, assessments or other governmental charges, insurance premiums, or any other legitimate charges pertaining to the Property or the performance of the obligations of Borrower under the Loan Documents.
Appears in 3 contracts
Sources: Mortgage Agreement, Mortgage, Security Agreement and Fixture Filing (Saddlebrook Resorts Inc), Mortgage, Security Agreement and Fixture Filing (Saddlebrook Resorts Inc)
Excess Monies. Lender may apply on account of the Liabilities Obligations any unexpended monies still retained by Lender that were paid by Borrower ▇▇▇▇▇▇▇▇▇ to Lender Lender: (a) for the payment of, or as security for the payment of, of taxes, assessments or other governmental charges, insurance premiums, or any other legitimate charges pertaining charges; or (b) to the Property or secure the performance of the obligations of Borrower under the Loan Documentssome act by ▇▇▇▇▇▇▇▇▇.
Appears in 2 contracts
Sources: Mortgage, Assignment of Rents, Security Agreement and Fixture Filing, Mortgage, Assignment of Rents, Security Agreement and Fixture Filing