Common use of Application of Foreclosure Sale Proceeds Clause in Contracts

Application of Foreclosure Sale Proceeds. After deducting all costs, fees and expenses of Trustee, and of this trust, including costs of evidence of title and attorneys' fees in connection with a sale, all proceeds of any foreclosure sale shall be applied first, to payment of all Secured Obligations (including without limitation, all sums expended by Beneficiary under the terms hereof and not then repaid, with accrued interest at the highest rate per annum payable under any Secured Obligation), in such order and amounts as Beneficiary in its sole discretion shall determine; and the remainder, if any, to the person or persons legally entitled thereto.

Application of Foreclosure Sale Proceeds. After deducting all costs, fees and expenses of Trustee, and of this trustsale, including costs of evidence of title and attorneys' ’ fees in connection with a sale, all proceeds of any foreclosure sale shall be applied first, to payment of all Secured Obligations (including without limitation, all sums expended by Beneficiary Mortgagee under the terms hereof and not then repaid, with accrued interest at the highest rate per annum payable under any Secured Obligation), in such order and amounts as Beneficiary Mortgagee in its sole discretion shall determine; and the remainder, if any, to the person or persons legally entitled thereto.

Application of Foreclosure Sale Proceeds. After deducting all costs, fees and expenses of Trustee, and of this trustsale, including costs of evidence of title and attorneys' fees in connection with a sale, all proceeds of any foreclosure sale shall be applied first, to payment of all Secured Obligations (including without limitation, all sums expended by Beneficiary Mortgagee under the terms hereof and not then repaid, with accrued interest at the highest rate per annum payable under any Secured Obligation), in such order and amounts as Beneficiary Mortgagee in its sole discretion shall determine; and the remainder, if any, to the person Person or persons Persons legally entitled thereto.

Application of Foreclosure Sale Proceeds. After deducting all costs, fees and expenses of Trustee, and of this trustsale, including costs of evidence of title and attorneys' ’ fees in connection with a sale, all proceeds of any foreclosure sale shall shall, to the extent permitted by law, be applied first, to payment of all Secured Obligations (including without limitation, all sums expended by Beneficiary Mortgagee under the terms hereof and not then repaid, with accrued interest at the highest default rate per annum payable under any Secured Obligationprovided for in the Loan Agreement), in such order and amounts as Beneficiary Mortgagee in its sole discretion shall determine; and the remainder, if any, to the person Person or persons Persons legally entitled thereto.