Application of Proceeds of Sale. In the event of a sale of the Property pursuant to Section 11.02 of this Mortgage, to the extent permitted by law, the Lender shall determine in its sole discretion the order in which the proceeds from the sale shall be applied to the payment of the Secured Indebtedness, including without limitation, the expenses of the sale and of all proceedings in connection with the sale, including reasonable attorneys' fees and expenses; Impositions, Premiums, liens, and other charges and expenses; the outstanding principal balance of the Secured Indebtedness; any accrued interest; any Prepayment Fee; and any other amounts owed under any of the Loan Documents.
Appears in 5 contracts
Samples: Mortgage, Security Agreement and Fixture Filing (Florida East Coast Industries Inc), Mortgage, Security Agreement and Fixture Filing (Florida East Coast Industries Inc), Mortgage, Security Agreement and Fixture Filing (Florida East Coast Industries Inc)
Application of Proceeds of Sale. In the event of a sale of the Property pursuant to Section 11.02 of this Mortgage, to the extent permitted by law, the Lender shall determine in its sole discretion the order in which the proceeds from the sale shall be applied to the payment of the Secured Indebtedness, including without limitation, the expenses of the sale and of all proceedings in connection with the sale, including reasonable attorneys' ’ fees and expenses; Impositions, Premiums, liens, and other charges and expenses; the outstanding principal balance of the Secured Indebtedness; any accrued interest; any Prepayment Fee; and any other amounts owed under any of the Loan Documents.
Appears in 5 contracts
Samples: Mortgage, Security Agreement and Fixture Filing (Florida East Coast Industries Inc), Mortgage, Security Agreement and Fixture Filing (Florida East Coast Industries Inc), Mortgage, Security Agreement and Fixture Filing (Wells Real Estate Investment Trust Inc)
Application of Proceeds of Sale. In the event of a sale of the Property pursuant to Section 11.02 of this Mortgage, to the extent permitted by law, the Lender Mortgagee shall determine in its sole discretion the order in which the proceeds from the sale shall be applied to the payment of the Secured Indebtedness, including without limitation, the expenses of the sale and of all proceedings in connection with the sale, including reasonable attorneys' ’ fees and expenses; Impositions, Premiums, liens, and other charges and expenses; the outstanding principal balance of the Secured Indebtedness; any accrued interest; any Prepayment Fee; and any other amounts owed under any of the Loan Documents.
Appears in 3 contracts
Samples: Mortgage, Security Agreement and Fixture Filing (Taubman Centers Inc), Mortgage, Security Agreement and Fixture Filing (Taubman Centers Inc), Mortgage, Security Agreement, and Fixture Filing (Taubman Centers Inc)
Application of Proceeds of Sale. In the event of a sale of the Property pursuant to Section 11.02 11.2 of this MortgageDeed of Trust, to the extent permitted by law, the Lender Beneficiary shall determine in its sole discretion the order in which the proceeds from the sale shall be applied to the payment of the Secured Indebtedness, including without limitation, the expenses of the sale and of all proceedings in connection with the sale, including reasonable attorneys' ’ fees and expenses; Impositions, Premiums, liens, and other charges and expenses; the outstanding principal balance of the Secured Indebtedness; any accrued interest; any Prepayment Fee; and any other amounts owed under any of the Loan Documents.
Appears in 3 contracts
Samples: Deed of Trust, Security Agreement and Fixture Filing (Strategic Hotels & Resorts, Inc), Deed of Trust, Security Agreement and Fixture Filing (Maguire Properties Inc), Deed of Trust, Security Agreement and Fixture Filing (Strategic Hotels & Resorts, Inc)
Application of Proceeds of Sale. In the event of a sale of the Mortgaged Property pursuant to Section 11.02 of this Mortgage, to the extent permitted by law, the Lender Administrative Agent shall determine in its sole discretion the order in which the proceeds from the sale shall be applied to the payment of the Secured Indebtedness, including without limitation, the expenses of the sale and of all proceedings in connection with the sale, including reasonable attorneys' ’ fees and expenses; Impositions, Premiums, liens, and other charges and expenses; the outstanding principal balance of the Secured Indebtedness; any accrued interest; any Prepayment Fee; and any other amounts owed under any of the Loan Documents.
Appears in 2 contracts
Samples: Credit Agreement (St Joe Co), Credit Agreement (St Joe Co)
Application of Proceeds of Sale. In the event of a sale of the Property pursuant to Section 11.02 of this MortgageDeed To Secure Debt, to the extent permitted by law, the Lender Grantee shall determine in its sole discretion the order in which the proceeds from the sale shall be applied to the payment of the Secured Indebtedness, including without limitation, the expenses of the sale and of all proceedings in connection with the sale, including reasonable attorneys' fees and expenses; Impositions, Premiums, liens, and other charges and expenses; the outstanding principal balance of the Secured Indebtedness; any accrued interest; any Prepayment Fee; any other unpaid portion of the Secured Indebtedness; and any other amounts owed under any of the Loan Documents.
Appears in 2 contracts
Samples: Deed to Secure Debt, Security Agreement and Fixture Filing (Koger Equity Inc), Deed to Secure Debt and Security Agreement (Koger Equity Inc)
Application of Proceeds of Sale. In the event of a sale of the Property pursuant to Section 11.02 11.2 of this Mortgage, to the extent permitted by law, the Lender shall determine in its sole discretion the order in which the proceeds from the sale shall be applied to the payment of the Secured Indebtedness, including without limitation, the expenses of the sale and of all proceedings in connection with the sale, including reasonable attorneys' ’ fees and expenses; Impositions, Premiums, liens, and other charges and expenses; the outstanding principal balance of the Secured Indebtedness; any accrued interest; any Prepayment Fee; and any other amounts owed under any of the Loan Documents.
Appears in 2 contracts
Samples: Mortgage, Security Agreement and Fixture Filing (Strategic Hotels & Resorts, Inc), Mortgage, Security Agreement and Fixture Filing (Strategic Hotels & Resorts, Inc)
Application of Proceeds of Sale. In the event of a sale of the Property pursuant to Section SECTION 11.02 of this MortgageDeed of Trust, to the extent permitted by law, the Lender Beneficiary shall determine in its sole discretion the order in which the proceeds from the sale shall be applied to the payment of the Secured Indebtedness, including without limitation, the expenses of the sale and of all proceedings in connection with the sale, including reasonable attorneys' fees and expenses; Impositions, Premiums, liens, and other charges and expenses; the outstanding principal balance of the Secured Indebtedness; any accrued interest; any Prepayment Fee; and any other amounts owed under any of the Loan Documents.
Appears in 1 contract
Samples: Deed of Trust, Security Agreement and Fixture Filing (Washington Corp)
Application of Proceeds of Sale. In the event of a sale of the Property pursuant to Section 11.02 of this MortgageSecurity Instrument, to the extent permitted by law, the Lender shall determine in its sole discretion the order in which the proceeds from the sale shall be applied to the payment of the Secured Indebtedness, including without limitation, the expenses of the sale and of all proceedings in connection with the sale, including reasonable attorneys' ’ fees and expenses; Impositions, Premiums, liens, and other charges and expenses; the outstanding principal balance of the Secured Indebtedness; any accrued interest; any Prepayment Fee; and any other amounts owed under any of the Loan Documents.
Appears in 1 contract
Samples: Leasehold Deed of Trust, Security Agreement and Fixture Filing (Taubman Centers Inc)
Application of Proceeds of Sale. In the event of a sale of the Property pursuant to Section 11.02 of this MortgageDeed of Trust, to the extent permitted by law, the Lender Beneficiary shall determine in its sole discretion the order in which the proceeds from the sale shall be applied to the payment of the Secured Indebtedness, including without limitation, the expenses of the sale and of all proceedings in connection with the sale, including reasonable attorneys' ’ fees and expenses; Impositions, Premiums, liens, and other charges and expenses; the outstanding principal balance of the Secured Indebtedness; any accrued interest; any Prepayment Fee; and any other amounts owed under any of the Loan Documents.
Appears in 1 contract
Samples: Deed of Trust, Security Agreement and Fixture Filing (Kilroy Realty, L.P.)
Application of Proceeds of Sale. In the event of a sale of the Property pursuant to Section 11.02 11.2 of this MortgageDeed of Trust, to the extent permitted by law, the Lender Beneficiary shall determine in its sole discretion the order in which the proceeds from the sale shall be applied to the payment of the Secured Indebtedness, including without limitation, the expenses of the sale and of all proceedings in connection with the sale, including reasonable attorneys' fees and expenses; Impositions, Premiums, liens, and other charges and expenses; the outstanding principal balance of the Secured Indebtedness; any accrued interest; any Prepayment Fee; and any other amounts owed under any of the Loan Documents.
Appears in 1 contract
Samples: Deed of Trust, Security Agreement and Fixture Filing (Maguire Properties Inc)
Application of Proceeds of Sale. In the event of a sale of any of the Property Properties pursuant to Section 11.02 of this Mortgage12.02, to the extent permitted by law, the Lender shall determine in its sole discretion the order in which the proceeds from the sale shall be applied to the payment of the Aggregate Secured Indebtedness, including without limitation, the expenses of the sale and of all proceedings in connection with the sale, including reasonable attorneys' fees and expenses; Impositions, Premiums, liens, and other charges and expenses; the outstanding principal balance of the Aggregate Secured Indebtedness; any accrued interest; any Prepayment Fee; and any other amounts owed under any of the Loan Documents.
Appears in 1 contract
Application of Proceeds of Sale. In the event of a sale of the Property pursuant to Section 11.02 11.2 of this MortgageDeed of Trust, to the extent permitted by law, the Lender Beneficiary shall determine in its sole discretion the order in which the proceeds from the sale shall be applied to the payment of the Secured Indebtedness, including without limitation, the expenses of the sale and of all proceedings in connection with the sale, including reasonable attorneys' ’ fees and expenses; Impositions, Premiums, liens, and other charges and expenses; the outstanding principal balance of the Secured Indebtedness; any accrued interest; any Prepayment Fee; and any other amounts owed under any of the Loan Documents.
Appears in 1 contract
Samples: Deed of Trust (Wells Real Estate Investment Trust Inc)
Application of Proceeds of Sale. In the event of a sale of the Property pursuant to Section 11.02 11.2 of this MortgageDeed of Trust, to the extent permitted by law, the Lender Beneficiary shall determine in its its- sole discretion the order in which the proceeds from the sale shall be applied to the payment of the Secured Indebtedness, including without limitation, the expenses of the sale and of all proceedings in connection with the sale, including reasonable attorneys' ’ fees and expenses; Impositions, Premiums, ; liens, and other charges and expenses; the outstanding principal balance of the Secured Indebtedness; any accrued interest; any Prepayment Fee; and any other amounts owed under any of the Loan Documents.
Appears in 1 contract
Samples: Deed of Trust, Security Agreement and Fixture Filing (Wells Real Estate Investment Trust Inc)
Application of Proceeds of Sale. In the event of a sale of ------------------------------- the Property pursuant to Section 11.02 of this Mortgage, to the extent permitted ------------- by law, the Lender Mortgagee shall determine in its sole discretion the order in which the proceeds from the sale shall be applied to the payment of the Secured Indebtedness, including without limitation, the expenses of the sale and of all proceedings in connection with the sale, including reasonable attorneys' fees and expenses; Impositions, Premiums, liens, and other charges and expenses; the outstanding principal balance of the Secured Indebtedness; any accrued interest; any Prepayment Fee; and any other amounts owed under any of the Loan Documents.
Appears in 1 contract
Samples: Mortgage, Security Agreement and Fixture Filing (Taubman Centers Inc)