CHARGEE’S RIGHT TO COMMENCE FORECLOSURE AND LEGAL PROCEEDINGS CONCURRENTLY. Notwithstanding any provision hereof, it is hereby expressly agreed that upon default or breach by t he Chargor of any term, covenant, stipulation and/ or undertaking herein provided on the part of the Chargor to be observed and performed, the Chargee shall thereafter have the right to exercise all or any of the remedies available whether by this Charge or by statute or otherwise and shall be entitled to exercise such remedies concurrently, including pursuing all remedies of sale or possession pursuant to the this Charge and civil suit to recover all moneys due and owing to the Chargee.
Appears in 2 contracts
Samples: Charge Agreement, Charge Agreement
CHARGEE’S RIGHT TO COMMENCE FORECLOSURE AND LEGAL PROCEEDINGS CONCURRENTLY. Notwithstanding any provision hereof, it is hereby expressly agreed that upon default or breach by t he the Chargor of any term, covenant, stipulation and/ or and/or undertaking herein provided on the part of the Chargor to be observed and performed, the Chargee shall thereafter have the right to exercise all or any of the remedies available whether by this Charge or by statute or otherwise and shall be entitled to exercise such remedies concurrently, including pursuing all remedies of sale or possession pursuant to the this Charge and civil suit to recover all moneys due and owing to the Chargee.
Appears in 2 contracts
Samples: Charge Agreement, Charge Agreement
CHARGEE’S RIGHT TO COMMENCE FORECLOSURE AND LEGAL PROCEEDINGS CONCURRENTLY. Notwithstanding any provision hereof, it is hereby expressly agreed that upon default or breach by t he the Chargor and/or the Customer of any term, covenant, stipulation and/ or and/or undertaking herein provided and on the part of the Chargor and/or the Customer to be observed and performed, the Chargee shall thereafter have the right to exercise all or any of the remedies available whether by this Charge or by statute or otherwise and shall be entitled to exercise such remedies concurrently, including pursuing all remedies of sale or possession pursuant to the this Charge National Land Code and civil suit to recover all moneys due and owing to the Chargee.
Appears in 2 contracts
Samples: Charge Agreement, Charge Agreement
CHARGEE’S RIGHT TO COMMENCE FORECLOSURE AND LEGAL PROCEEDINGS CONCURRENTLY. Notwithstanding any provision hereof, it is hereby expressly agreed that upon default or breach by t he the Chargor of any term, covenant, stipulation and/ or and/or undertaking herein provided in this Charge and on the part of the Chargor to be observed and performed, the Chargee shall thereafter have the right to exercise all or any of the remedies available whether by pursuant to this Charge or by statute or otherwise and shall be entitled to exercise such remedies concurrently, including by pursuing all remedies of sale or possession pursuant to the this Charge and by way of civil suit to recover all moneys monies due and owing to the Chargee.
Appears in 1 contract
Samples: Charge Agreement
CHARGEE’S RIGHT TO COMMENCE FORECLOSURE AND LEGAL PROCEEDINGS CONCURRENTLY. Notwithstanding any provision hereof, it is hereby expressly agreed that upon default or breach by t he the Chargor of any term, covenant, stipulation and/ or and/or undertaking herein provided on the part of the Chargor to be observed and performed, the Chargee shall thereafter have the right to exercise all or any of the remedies available whether by this Charge or by statute or otherwise and shall be entitled to exercise such remedies concurrently, including pursuing all remedies of sale or possession pursuant to the this Charge and civil suit to recover all moneys monies due and owing by the Chargor, guarantor (if any) or any other persons to the Chargee.
Appears in 1 contract
Samples: Charge Agreement