Common use of Beneficiary's Right to Perform Clause in Contracts

Beneficiary's Right to Perform. If Grantor fails to perform any of the covenants or agreements of Grantor (other than with respect to the failure, to Maintain insurance as required hereunder, in which case Beneficiary can immediately perform), and such failure constitutes an Event of Default, without waiving or releasing Grantor from any obligation or default under this Deed of Trust, Beneficiary, or Trustee, may, at any time (but shall be under no obligation to) pay or perform the same, and the amount or cost thereof, with interest at the rate provided for in Section 2.08 of the Credit Agreement, shall immediately be due from Granter to Beneficiary or Trusted, as the case may be, and the same shall be secured by this Deed of Trust and shall be a lien on the Trust Property prior to any right, title to, interest in or claim upon the Trust Property attaching subsequent to the lien of this Deed of Trust. No payment; r advance of money by Beneficiary or Trustee under this Section 12 shall, be deemed or construed to cure Grantor’s default or waive any right or remedy of Beneficiary.

Beneficiary's Right to Perform. If Grantor Trustor fails to perform any of the covenants or agreements of Grantor (other Trustor(other than with respect to the failure, failure to Maintain maintain insurance as required hereunder, in which case Beneficiary can immediately perform), and such failure constitutes an Event of Default, without waiving or releasing Grantor Trustor from any obligation or default under this Deed of Trust, Beneficiary, or Trustee, Beneficiary may, at any time (but shall be under no obligation to) pay or perform the same, and the amount or cost thereof, with interest at the rate provided for in Section 2.08 of the Credit Agreement, shall immediately immediately, upon notice to Trustor, be due from Granter Trustor to Beneficiary or Trusted, as the case may be, and the same shall be secured by this Deed of Trust and shall be a lien on the Trust Mortgaged Property prior to any right, title to, interest in or claim upon the Trust Mortgaged Property attaching subsequent to the lien of this Deed of Trust. No payment; r payment or advance of money by Beneficiary or Trustee under this Section 12 shall, shall be deemed or construed to cure Grantor’s Trustor's default or waive any right or remedy of Beneficiary.

Beneficiary's Right to Perform. If Grantor Trustor fails to perform any of the covenants or agreements of Grantor Trustor (other than with respect to the failure, failure to Maintain maintain insurance as required hereunder, in which case Beneficiary can immediately perform), and such failure constitutes an Event of Default, without waiving or releasing Grantor Trustor from any obligation or default under this Deed of Trust, Beneficiary, Beneficiary or Trustee, Trustee may, at any time (but shall be under no obligation to) pay or perform the same, and the amount or cost thereof, with interest at the rate provided for in Section 2.08 of the Credit Agreement, shall immediately be due from Granter Trustor to Beneficiary or Trusted, as the case may be, and the same shall be secured by this Deed of Trust and shall be a lien on the Trust Mortgaged Property prior to any right, title to, interest in or claim upon the Trust Mortgaged Property attaching subsequent to the lien of this Deed of Trust. No payment; r payment or advance of money by Beneficiary or Trustee under this Section 12 shall, shall be deemed or construed to cure GrantorTrustor’s default or waive any right or remedy of Beneficiary.

Beneficiary's Right to Perform. If if Grantor fails to perform any of the covenants or agreements of Grantor (other Grantor:(other than with respect to the failure, failure to Maintain maintain insurance as required hereunder, in which case Beneficiary can immediately perform), and such failure constitutes an Event of Default, without waiving or releasing Grantor from any obligation or default under this Deed of Trust, Beneficiary, Beneficiary or Trustee, Trustee may, at any time (but shall be under no obligation to) pay or perform the same, and the amount or cost thereof, with interest at the rate provided for in Section 2.08 of the Credit Agreement, shall immediately be due from Granter Grantor to Beneficiary or Trusted, as the case may be, and the same shall be secured by this Deed of Trust and shall be a lien on the Trust Collateral Property prior to any right, title to, interest in or claim upon the Trust Collateral Property attaching subsequent to the lien of this Deed of Trust. No payment; r payment or advance of money by Beneficiary or Trustee under this Section 12 shall, shall be deemed or construed to cure Grantor’s default or waive any right or remedy of Beneficiary.