Acceleration Upon Default, Additional Remedies. Upon the occurrence of an Event of Default, Mortgagee may, at its option, declare all indebtedness secured hereby to be immediately due and payable without presentment, demand, protest or notice of any kind. Thereafter Mortgagee may:
Appears in 3 contracts
Samples: Security Agreement and Fixture Filing (KBS Real Estate Investment Trust II, Inc.), Security Agreement and Fixture Filing (KBS Real Estate Investment Trust II, Inc.), Grubb & Ellis Healthcare REIT II, Inc.
Acceleration Upon Default, Additional Remedies. Upon the occurrence of an any Event of Default, Mortgagee may, at its option, may declare all indebtedness secured hereby to be due and payable and the same shall thereupon become immediately due and payable without any presentment, demand, protest or notice of any kind. Thereafter Thereafter, Mortgagee may:
Appears in 1 contract
Samples: Real Estate Mortgage, Security Agreement (Miscor Group, Ltd.)