Common use of Failure to Pay Indebtedness Clause in Contracts

Failure to Pay Indebtedness. Any of the Indebtedness is not paid when due by Mortgagor, and remains unpaid after lapse of the curative period provided in the Note.

Appears in 3 contracts

Sources: Mortgage (Miracom Corp), Mortgage (Miracom Corp), Mortgage (Miracom Corp)