Common use of Cure; Protection of Security Clause in Contracts

Cure; Protection of Security. Beneficiary may cure any breach or default of Grantor, and if it chooses to do so in connection with any such cure, Beneficiary may also enter the Property and/or do any and all other things which it may in its sole discretion consider necessary and appropriate to protect the security of this Deed of Trust and the Property. Such other things may include: appearing in and/or defending any action or proceeding which purports to affect the security of, or the rights or powers of Beneficiary under, this Deed of Trust; paying, purchasing, contesting or compromising any encumbrance, charge, lien or claim of lien which in Beneficiary’s sole judgment is or may be senior in priority to this Deed of Trust, such judgment of Beneficiary to be conclusive as among the parties to this Deed of Trust; obtaining insurance and/or paying any premiums or charges for insurance required to be carried under the Loan Agreement; otherwise caring for and protecting any and all of the Property; and/or employing counsel, accountants, contractors and other appropriate persons to assist Beneficiary. Beneficiary may take any of the actions permitted under this Subsection 6.3(d) either with or without giving notice to any person. Any amounts expended by Beneficiary under this Subsection 6.3(d) shall be deemed Secured Obligations and shall be secured by this Deed of Trust and the Loan Documents.

Cure; Protection of Security. Beneficiary may cure any breach or default of GrantorTrustor and, and if it chooses to do so in connection with any such cure, Beneficiary may also enter the Property and/or do any and all other things which it either may in its sole absolute discretion consider necessary and appropriate to protect the security of this Deed of Trust and the PropertyMortgage. Such other things may include, without limitation: appearing in and/or defending any action or proceeding which purports to affect the security of, or the rights or powers of Beneficiary under, this Deed of TrustMortgage; paying, purchasing, contesting or compromising any encumbrance, charge, lien lien, security interest or claim of lien or security interest which (in Beneficiary’s sole judgment judgment) is or may be senior in priority to this Deed of TrustMortgage, such judgment of Beneficiary to be conclusive as among the parties to this Deed of TrustMortgage; obtaining insurance and/or paying any premiums or charges for insurance required to be carried under this Mortgage and the other Loan AgreementDocuments; otherwise caring for and protecting protecting, preserving, repairing or recovering any and all of the Property; and/or employing counsel, accountants, contractors and other appropriate persons to assist Beneficiary. Beneficiary may take any of the actions permitted under this Subsection 6.3(d) either with Section 6.2.4 upon giving Trustor prior written notice of such action(s), or without giving if Beneficiary has reasonably determined that providing such prior written notice to any person. Any amounts expended by Beneficiary under this Subsection 6.3(d) shall be deemed Secured Obligations and shall be secured by this Deed is not feasible, then substantially concurrent written notice of Trust and the Loan Documentssuch action(s).

Cure; Protection of Security. Beneficiary may cure any breach or default of Grantor, and if it chooses to do so in connection with any such cure, Beneficiary may also enter the Property and/or do any and all other things which it may in its sole discretion consider necessary and appropriate to protect the security of this Deed of Trust and Trust, including, without limitation, completing construction of the Propertyimprovements at the Property contemplated by the Loan Agreement hereof. Such other things may include: appearing in and/or defending any action or proceeding which purports to affect the security of, or the rights or powers of Beneficiary under, this Deed of Trust; paying, purchasing, contesting or compromising any encumbrance, charge, lien or claim of lien which in Beneficiary’s 's sole judgment is or may be senior in priority to this Deed of Trust, such judgment of Beneficiary or to be conclusive as among the parties to this Deed of Trust; obtaining insurance and/or paying any premiums or charges for insurance required to be carried under the Loan Agreement; otherwise caring for and protecting any and all of the Property; and/or employing counsel, accountants, contractors and other appropriate persons to assist Beneficiary. Beneficiary may take any of the actions permitted under this Subsection Section 6.3(d) either with or without giving notice to any person. Any amounts expended by Beneficiary under this Subsection Section 6.3(d) shall be deemed Secured Obligations and shall be secured by this Deed of Trust and the Loan DocumentsTrust.

Cure; Protection of Security. Either Beneficiary or Trustee may cure any breach or default of GrantorTrustor, and if it chooses to do so in connection with any such cure, Beneficiary or Trustee may also enter the Property and/or and, whether or not Beneficiary or Trustee enter the Property, do any and all other things which it may it, in its sole discretion discretion, may consider necessary and appropriate to protect the security of this Deed of Trust and the PropertyTrust. Such other things may include: appearing in and/or defending any action or proceeding which purports to affect the security of, or the rights or powers of Beneficiary or Trustee under, this Deed of Trust; paying, purchasing, contesting or compromising any encumbrance, charge, lien or claim of lien which in Beneficiary’s or Trustee’s sole judgment is or may be senior in priority to this Deed of Trust, such judgment of Beneficiary or Trustee to be conclusive as among the parties to this Deed of Trust; obtaining insurance and/or paying any premiums or charges for insurance required to be carried under the Loan Agreementthis Deed of Trust; otherwise caring for and protecting any and all of the Property; and/or and employing counsel, accountants, contractors and other appropriate persons to assist BeneficiaryBeneficiary or Trustee. Beneficiary and Trustee may take any of the actions permitted under this Subsection 6.3(d) either with or without giving notice to any person. Any amounts expended by Beneficiary under this Subsection 6.3(d) shall be deemed Secured Obligations and shall be secured by this Deed of Trust and the Loan Documents.

Cure; Protection of Security. Beneficiary may cure any breach or default of GrantorTrustor, and if it chooses to do so in connection with any such cure, Beneficiary may also enter the Property and/or do any and all other things which it may in its sole reasonable discretion consider necessary and appropriate to protect the security of this Deed of Trust and the PropertyTrust. Such other things may include: appearing in and/or defending any action or proceeding which purports to affect the security of, or the rights or powers of Beneficiary or Trustee under, this Deed of Trust; paying, purchasing, contesting or compromising any encumbrance, charge, lien or claim of lien which in Beneficiary’s sole judgment is or may be senior in priority to this Deed of Trust, such judgment of Beneficiary to be conclusive as among the parties to this Deed of TrustBeneficiary, Trustee and Trustor; obtaining insurance and/or paying any premiums or charges for insurance required to be carried under the Loan Agreementhereunder; otherwise caring for and protecting any and all of the Property; and/or employing counsel, accountants, contractors and other appropriate persons to assist Beneficiary. Beneficiary may take any of the actions permitted under this Subsection 6.3(d) Section 7.17 either with or without giving notice to any personnotice, except for notices required under applicable law. Any amounts expended disbursed by Beneficiary under pursuant to this Subsection 6.3(d) paragraph shall be deemed Secured Obligations and shall be become additional indebtedness secured by this Deed of Trust and the Loan DocumentsTrust. Beneficiary shall have no obligation to take any action described in this Section.

Cure; Protection of Security. Beneficiary may cure any breach or default of GrantorTrustor and, and if it chooses to do so in connection with any such cure, Beneficiary may also enter the Property and/or do any and all other things which it either may in its sole absolute discretion consider necessary and appropriate to protect the security of this Deed of Trust and the PropertyMortgage. Such other things may include, without limitation: appearing in and/or defending any action or proceeding which purports to affect the security of, or the rights or powers of Beneficiary under, this Deed of TrustMortgage; paying, purchasing, contesting or compromising any encumbrance, charge, lien lien, security interest or claim of lien or security interest which (in Beneficiary’s sole judgment judgment) is or may be senior in priority to this Deed of TrustMortgage, such judgment of Beneficiary to be conclusive as among the parties to this Deed of TrustMortgage; obtaining insurance and/or paying any premiums or charges for insurance required to be carried under this Mortgage and the other Loan AgreementDocuments; otherwise caring for and protecting protecting, preserving, repairing or recovering any and all of the Property; and/or employing counsel, accountants, contractors and other appropriate persons to assist Beneficiary. Beneficiary may take any of the actions permitted under this Subsection 6.3(d) Section 6.3.4 either with or without giving notice to any person. Any amounts expended by Beneficiary under this Subsection 6.3(d) shall be deemed Secured Obligations and shall be secured by this Deed of Trust and the Loan Documents.