Acceleration of Maturity. If an Event of Default shall have occurred, then the entire Indebtedness shall, at the option of Lender, immediately become due and payable without notice or demand, time being of the essence of this Security Instrument, and no omission on the part of Lender to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 4 contracts
Samples: Mortgage and Security Agreement, Deed to Secure Debt and Security Agreement, Deed to Secure Debt and Security Agreement (CNL Healthcare Trust, Inc.)
Acceleration of Maturity. If an Event of a Default shall have occurred, then the entire Indebtedness shall, at the option of Lender, immediately become due and payable without notice or demand, time being of the essence of this Security Instrument, Deed; and no omission on the part of Lender to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 3 contracts
Samples: Deed to Secure Debt and Security Agreement (Adcare Health Systems Inc), Deed to Secure Debt and Security Agreement (Adcare Health Systems Inc), Deed to Secure Debt and Security Agreement (Adcare Health Systems Inc)
Acceleration of Maturity. If Upon or after an Event of Default shall have occurredDefault, then the entire Indebtedness shallLender may, at its option, declare all or any portion of the option of Lender, Indebtedness to be (and the same shall thereupon become) immediately become due and payable without notice or demand, time being of the essence of this Security Instrument, Deed; and no omission or delay on the part of Lender to exercise such option when entitled so to do so shall be construed considered as a waiver of such right.
Appears in 2 contracts
Samples: Deed to Secure Debt (Home Federal Holdings CORP), Leasehold Deed (Igi Inc)
Acceleration of Maturity. If an Event of Default shall have occurred, then the entire Indebtedness shall, at the option of Lender, become immediately become due and payable without notice or demand, which are hereby expressly waived, time being of the essence of this Security Instrument, Deed of Trust; and no omission on the part of Lender to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 1 contract
Samples: Deed of Trust, Assignment of Rents and Security Agreement (Griffin Industrial Realty, Inc.)
Acceleration of Maturity. If an Event of Default shall have occurred, then the entire Indebtedness shall, at the option of Lender, become immediately become due and payable without notice or demand, which are hereby expressly waived, time being of the essence of this Security Instrument, Mortgage; and no omission on the part of Lender to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 1 contract
Samples: Mortgage, Assignment of Rents and Security Agreement (Griffin Industrial Realty, Inc.)
Acceleration of Maturity. If an Event of Default shall have occurred, then the entire Indebtedness shall, at the option of LenderBeneficiary, immediately become due and payable without notice or demand, time being of the essence of this Security Instrument, and no omission on the part of Lender Beneficiary to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 1 contract
Samples: Deed of Trust and Security Agreement (Arv Assisted Living Inc)
Acceleration of Maturity. If an Event of Default shall have occurred, then the entire Indebtedness shall, at the option of LenderBeneficiary, immediately become due and payable without notice or demand, time being of the essence of this Security InstrumentInstrument , and no omission on the part of Lender Beneficiary to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 1 contract
Samples: Deed of Trust and Security Agreement (Arv Assisted Living Inc)
Acceleration of Maturity. If an Event of a Default shall have occurred, then the entire Indebtedness shall, at the option of LenderGrantee, immediately become due and payable without notice or demand, time being of the essence of this Security Instrument, Deed to Secure Debt; and no omission on the part of Lender Grantee to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 1 contract
Acceleration of Maturity. If an Event of Default shall have occurred, then all of the entire Indebtedness Obligations secured hereby shall, at the option of Lender's option, immediately become due and payable without notice or demand, time being of the essence of this Security Instrument, hereof; and no omission on the part of Lender to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 1 contract
Samples: Mortgage, Assignment of Leases and Rents, Fixture Filing and Security Agreement (Crown Crafts Inc)
Acceleration of Maturity. If an Event of Default shall have occurred, occurred then the entire Indebtedness shall, at the option of Lender, immediately become due and payable without notice or demandnotice, except as specifically provided herein, in the Note, and in the Loan Documents, time being of the essence of this Security Instrument, Deed; and no omission on the part of Lender to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 1 contract
Samples: Deed to Secure Debt and Security Agreement (Roberts Realty Investors Inc)
