Common use of Forbearance Clause in Contracts

Forbearance. Any forbearance by ▇▇▇▇▇▇ in exercising any right or remedy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 75 contracts

Sources: Loan Agreement, Multifamily Note, Multifamily Note

Forbearance. Any forbearance by ▇▇▇▇▇▇ in exercising any right or remedy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's ’s right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's ’s obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 34 contracts

Sources: Multifamily Note, Multifamily Note Cme (Steadfast Income REIT, Inc.), Multifamily Note (Emeritus Corp\wa\)

Forbearance. Any forbearance by ▇▇▇▇▇▇ in exercising any right or remedy under this Note, the Security InstrumentLoan Agreement, or any other Loan Document Document, or otherwise afforded by applicable law, shall will not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall will not be a waiver of Lender's ’s right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's ’s obligations under this Note shall will not constitute an election by ▇▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 32 contracts

Sources: Multifamily Note (Resource Apartment REIT III, Inc.), Multifamily Note (Resource Apartment REIT III, Inc.), Multifamily Note (Steadfast Apartment REIT, Inc.)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 29 contracts

Sources: Consolidation, Modification and Extension Agreement, Assignment of Leases and Rents and Security Agreement (Clipper Realty Inc.), Multifamily Note (Angeles Income Properties LTD 6), Multifamily Note (Shelter Properties Ii LTD Partnership)

Forbearance. Any forbearance by ▇▇▇▇▇▇ in exercising any right or remedy under this Note, the Security InstrumentLoan Agreement, or any other Loan Document or otherwise afforded by applicable law, shall will not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall will not be a waiver of Lender's ’s right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's ’s obligations under this Note shall will not constitute an election by ▇▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 15 contracts

Sources: Multifamily Note (Emeritus Corp\wa\), Multifamily Note (Emeritus Corp\wa\), Multifamily Note (NorthStar Healthcare Income, Inc.)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's ’s right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's ’s obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 9 contracts

Sources: Lender Acquisition Agreement (Sylios Corp), Master Credit Facility Agreement (Archstone Inc.), Master Credit Facility Agreement (Sun Communities Inc)

Forbearance. Any forbearance by ▇▇▇▇Lend▇▇ in ▇▇ exercising any right or remedy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇Lend▇▇ of ▇▇ remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 8 contracts

Sources: Multifamily Note (Roberts Realty Investors Inc), Multifamily Note (Arv Assisted Living Inc), Multifamily Note (Arv Assisted Living Inc)

Forbearance. Any forbearance by L▇▇▇▇▇ in exercising any right or remedy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's ’s right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's ’s obligations under this Note shall not constitute an election by L▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 4 contracts

Sources: Multifamily Note (Preferred Apartment Communities Inc), Multifamily Note (Preferred Apartment Communities Inc), Multifamily Note (Post Properties Inc)

Forbearance. Any forbearance by L▇▇▇▇▇ in exercising any right or remedy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by L▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 4 contracts

Sources: Mortgage Note (Clipper Realty Inc.), Mortgage Note (American Realty Capital New York Recovery Reit Inc), Multifamily Note (Bluerock Enhanced Multifamily Trust, Inc.)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Note, the Security Instrument, or any other Borrower Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's ’s right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's ’s obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 3 contracts

Sources: Multifamily Note, Multifamily Note, Multifamily Note

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Note, the Security InstrumentInstruments, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's ’s right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's ’s obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 3 contracts

Sources: Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (United Dominion Realty Trust Inc), Master Credit Facility Agreement (Mid America Apartment Communities Inc)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Note, the Security InstrumentInstruments, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the exercise of any other right or remedy ▇▇ ▇▇medy available to Lender.

Appears in 2 contracts

Sources: Fixed Facility Note (Sun Communities Inc), Fixed Facility Note (Sun Communities Inc)

Forbearance. Any forbearance by ▇▇▇▇▇▇ in exercising any right or remedy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower▇▇▇▇▇▇▇▇'s obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 2 contracts

Sources: Multifamily Note (Emeritus Corp\wa\), Multifamily Note (Emeritus Corp\wa\)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Note, the Security InstrumentLoan Agreement, or any other Loan Document Document, or otherwise afforded by applicable law, shall will not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall will not be a waiver of Lender's ’s right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's ’s obligations under this Note shall will not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 2 contracts

Sources: Multifamily Note (Resource Apartment REIT III, Inc.), Multifamily Note (Bluerock Residential Growth REIT, Inc.)

Forbearance. Any forbearance by L▇▇▇▇▇ in exercising any right or remedy under this Note, the Security InstrumentLoan Agreement, or any other Loan Document Document, or otherwise afforded by applicable law, shall will not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall will not be a waiver of Lender's ’s right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's ’s obligations under this Note shall will not constitute an election by L▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 2 contracts

Sources: Multifamily Note (Bluerock Residential Growth REIT, Inc.), Multifamily Note (Bluerock Residential Growth REIT, Inc.)

Forbearance. Any forbearance by ▇▇▇▇▇▇ in exercising any right or remedy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.,

Appears in 1 contract

Sources: Discount MBS Multifamily Note (Douglas Emmett Inc)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Note, Note or the Security Instrument, or any other Loan Document Letter Agreement or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's ’s right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security remedy for Borrower's ’s obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Letter Agreement (Tarragon Corp)

Forbearance. Any forbearance by ▇▇▇Lender in exercising any ri▇▇▇ in exercising any right or ▇▇ remedy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the tile due date of such payment, or in an amount which is less than the tile required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an all election by Lender of remedies so as to ▇▇▇▇▇▇ of remedies so as to preclude ude the exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Multifamily Note (Historic Preservation Properties 1989 Limited Partnership)

Forbearance. Any forbearance by ▇▇▇▇▇▇ in exercising any right or remedy under this Note, the Security InstrumentLoan Agreement, or any other Loan Document Document, or otherwise afforded by applicable law, shall will not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall will not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall will not constitute an election by ▇▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Multifamily Note (Steadfast Income REIT, Inc.)

Forbearance. Any forbearance by Lender in exercising any right or ▇▇▇▇▇▇ in exercising any right or remedy y under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the precl▇▇▇ ▇▇e exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Multifamily Note (Century Properties Fund Xvii)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy ▇▇ ▇▇▇edy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by Lender of remedies so as to pre▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Loan Agreement (Krupp Realty LTD Partnership V)

Forbearance. Any forbearance by ▇▇▇▇▇▇ in exercising any right or remedy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to .to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Mortgage Note (American Realty Capital New York Recovery Reit Inc)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Note, or the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's ’s right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's ’s obligations under this Note shall not constitute an election by L▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Secured Note (Sylios Corp)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Note, the Security InstrumentSecur▇▇▇ ▇nstrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the exercise of any other right or remedy righ▇ ▇▇ ▇emedy available to Lender.

Appears in 1 contract

Sources: Multifamily Note (Cornerstone Realty Income Trust Inc)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Note, the Credit Agreement, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Credit Agreement (Essex Property Trust Inc)

Forbearance. Any forbearance by ▇▇▇▇▇▇ in exercising any right or remedy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's ’s right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. , Enforcement by Lender of any security for Borrower's ’s obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Multifamily Note (Washington Real Estate Investment Trust)

Forbearance. Any forbearance by Lender in exercising any right o▇ ▇▇▇▇▇▇ in exercising any right or remedy dy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the preclu▇▇ ▇▇▇ exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Multifamily Note (Vinings Investment Properties Trust/Ga)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Note, the Security ▇▇▇ ▇ecurity Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the exercise of any other ▇▇▇▇▇ right or remedy available to Lender.

Appears in 1 contract

Sources: Multifamily Note (Roberts Realty Investors Inc)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this NoteNot▇, the ▇▇e Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the exercise of any other ▇▇▇▇▇ right or remedy available to Lender.

Appears in 1 contract

Sources: Multifamily Note (Secured Investment Resources Fund Lp Iii)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Multifamily Note (Davidson Diversified Real Estate Ii Limited Partnership)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Notet▇▇▇ ▇▇te, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the exercise of any exercis▇ ▇▇ ▇ny other right or remedy available to Lender.

Appears in 1 contract

Sources: Loan Agreement (Krupp Realty LTD Partnership Vii)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded aff▇▇▇▇▇ by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Multifamily Note (Davidson Income Real Estate Lp)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Note, the Security InstrumentInstruments, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Master Credit Facility Agreement (Bre Properties Inc /Md/)

Forbearance. Any forbearance by ▇▇▇▇▇▇ in exercising any right or remedy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's ’s right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's Maker’s obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Commercial Promissory Note (Landa App LLC)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy ▇▇ ▇▇▇edy under this Note, the Security Instrument, or any other Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the precl▇▇▇ ▇▇e exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Multifamily Note (Vinings Investment Properties Trust/Ga)

Forbearance. Any forbearance by ▇▇▇▇▇▇ Lender in exercising any right or remedy under this Note, the Security InstrumentMortgage, or any of the other Loan Document Documents or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for of its rights or remedies under any of the Loan Documents with respect to Borrower's obligations under this Note shall not constitute an election by ▇▇▇▇▇▇ Lender of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Loan Agreement (GK Investment Holdings, LLC)

Forbearance. Any forbearance by ▇▇▇▇▇▇ a Lender in exercising any right or remedy under this RRDP Note, the Security InstrumentRRDP Mortgage, or any other RRDP Loan Document or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by a Lender of any payment after the due date of such payment, or in an amount which is less than the required payment, shall not be a waiver of Lender's ’s right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Lender of any security for Borrower's ’s obligations under this RRDP Note shall not constitute an election by ▇▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Lender.

Appears in 1 contract

Sources: Permanent Loan Agreement