Right to Settle Claims. Lender is hereby authorized to adjust, compromise and collect any condemnation or eminent domain award or settle a claim for damages and to apply the same to the Indebtedness, subject to the provisions of subparagraph (d) below.
Appears in 2 contracts
Sources: Deed to Secure Debt, Security Agreement and Assignment of Leases and Rents (Roberts Realty Investors Inc), Deed to Secure Debt, Security Agreement and Assignment of Leases and Rents (Roberts Realty Investors Inc)