Application of Proceeds of Foreclosure Sale. The proceeds of any foreclosure sale of the Property shall be distributed and applied in the order of priority set forth in the Note with the excess, if any, being applied to any parties entitled thereto as their rights may appear.
Appears in 10 contracts
Samples: Management Agreement (NNN Healthcare/Office REIT, Inc.), Mortgage, Security Agreement and Fixture Filing (NNN Healthcare/Office REIT, Inc.), Mortgage, Security Agreement and Fixture (NNN Healthcare/Office REIT, Inc.)
Application of Proceeds of Foreclosure Sale. The proceeds of any foreclosure sale of the Property shall be distributed and applied in the order of priority set forth in the Note Notes with the excess, if any, being applied applied, to any parties party entitled thereto as their rights may appear.
Appears in 3 contracts
Samples: Rents and Security Agreement (Balanced Care Corp), Rents and Security Agreement (Balanced Care Corp), And Security Agreement (Balanced Care Corp)
Application of Proceeds of Foreclosure Sale. The proceeds of any foreclosure sale of the Property shall be distributed and applied in the order of priority set forth in the Note Notes with the excess, if any, being applied applied, to any parties party entitled thereto as their rights may appearappear required by applicable law.
Appears in 1 contract
Application of Proceeds of Foreclosure Sale. The proceeds of any foreclosure sale of the Property shall be distributed and applied in the order of priority set forth in the Note Credit Agreement and the other Loan Documents with the excess, if any, being applied to any parties entitled thereto as their rights may appear.
Appears in 1 contract
Samples: Lund International Holdings Inc
Application of Proceeds of Foreclosure Sale. The proceeds of any foreclosure sale of the Property shall be distributed and applied in the order of priority set forth in the Note with the excess, if any, being applied applied, to any parties party entitled thereto as their rights may appear. 20.
Appears in 1 contract
Samples: Real Property Mortgage With Power of Sale and Security Agreement (Emeritus Corp\wa\)
