Foreclosure of Real Property Security. It is agreed by the Parties that ▇▇▇▇▇▇’s purchase obligation with respect to a Loan shall not be eliminated or discharged by the fact that the real property securing the Loan has been foreclosed upon and said real property has been acquired by ▇▇▇▇▇▇▇▇ or a third party.
Appears in 2 contracts
Sources: Broker Agreement, Broker Agreement