Common use of Certain Actions of Trustee Clause in Contracts

Certain Actions of Trustee. Upon the written request of Lender, Trustee may at any time (a) reconvey all or any portion of the Mortgaged Property, (b) consent to the making of any map or plat thereof, (c) join in granting any easement thereon or in creating any covenants or conditions restricting the use or occupancy thereof, or (d) join in any extension agreement or in any agreement subordinating the lien or charge hereof. Any such action may be taken by Trustee without notice, and shall not affect the personal liability of any person for the payment of the Indebtedness or the lien of this Deed of Trust upon the Mortgaged Property for the full amount of the Indebtedness.

Appears in 4 contracts

Samples: Accommodation Cross Collateralization Deed of Trust and Security Agreement (Felcor Lodging Trust Inc), Deed of Trust and Security Agreement (Felcor Lodging Trust Inc), Deed of Trust and Security Agreement (Felcor Lodging Trust Inc)

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Certain Actions of Trustee. Upon the written request of LenderXxxxxx, Trustee may at any time time: (a) reconvey all or any portion of the Mortgaged Property, ; (b) consent to the making of any map or plat thereof, ; (c) join in granting any easement thereon or in creating any covenants or conditions restricting the use or occupancy thereof, ; or (d) join in any extension agreement or in any agreement subordinating the lien or charge hereof. Any such action may be taken by Trustee without notice, and shall not affect the personal liability of any person for the payment of the Indebtedness or the lien of this Deed of Trust upon the Mortgaged Property for the full amount of the Indebtedness.

Appears in 3 contracts

Samples: Deed of Trust (Kilroy Realty, L.P.), Deed of Trust (Kilroy Realty, L.P.), Deed of Trust (Kilroy Realty, L.P.)

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Certain Actions of Trustee. Upon the written request of Lender, Trustee may at any time time: (a) reconvey all or any portion of the Mortgaged Property, ; (b) consent to the making of any map or plat thereof, ; (c) join in granting any easement thereon or in creating any covenants or conditions restricting the use or occupancy thereof, ; or (d) join in any extension agreement or in any agreement subordinating the lien or charge hereof. Any such action may be taken by Trustee without notice, and shall not affect the personal liability of any person for the payment of the Indebtedness or the lien of this Deed of Trust upon the Mortgaged Property for the full amount of the Indebtedness.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Behringer Harvard Opportunity REIT I, Inc.)

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