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, including, without limitation, completing construction of the improvements at the Property contemplated by the Credit Agreement. 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 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 Credit 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 secured by this Deed of Trust.

Cure; Protection of Security. Trustee or Beneficiary may cure any breach or default of Grantor, and if it chooses to do so in connection with any such cure, Trustee or Beneficiary may also enter the Property and/or do any and all other things which it may in its sole discretion consider considers necessary and or appropriate to protect the security of this Deed deed of Trust, including, without limitation, completing construction of the improvements at the Property contemplated by the Credit Agreementtrust. 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 Trustee or Beneficiary under, this Deed deed of Trusttrust; paying, purchasing, contesting or compromising any encumbrance, charge, lien or claim of lien which in Trustee's or Beneficiary’s sole 's judgment is or may be senior in priority to this Deed deed of Trusttrust, such judgment of Trustee or Beneficiary or to be conclusive as among the parties to this Deed deed of Trusttrust; obtaining insurance and/or paying any premiums or charges for insurance required to be carried under the Credit Agreement; otherwise caring for and protecting any and all of the Property; and/or employing counsel, accountants, contractors and other appropriate persons to assist Trustee or Beneficiary. Trustee and Beneficiary may take any of the actions permitted under this Subsection 6.3(d) Section 8.02 either with or without giving notice to any person. Any amounts expended by Notwithstanding the foregoing, in no event will Trustee or Beneficiary under have any obligation to take any of the actions set forth in this Subsection 6.3(d) shall be secured by this Deed of Trustclause (d).

Cure; Protection of Security. Either Beneficiary or Trustee may cure any breach or default Event of GrantorDefault of Trustor, and if it chooses to do so in connection with any such cure, Beneficiary or Trustee 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, including, without limitation, completing construction of the improvements at the Property contemplated by the Credit Agreement. 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 or Trustee’s reasonable 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 Credit 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 BeneficiaryBeneficiary or Trustee. Beneficiary and Trustee may take any of the actions permitted under this Subsection 6.3(d) Section 7.2 either with or without giving notice to any person. Any amounts expended by Beneficiary under this Subsection 6.3(d) shall be secured by this Deed of Trust.

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 do any and all other things which it may may, in its sole discretion and absolute discretion, consider necessary and appropriate to protect the security of this Deed of Trust, including, without limitation, completing construction of the improvements at the Property contemplated by the Credit Agreement. Such other things may include: appearing in and/or defending any action or proceeding which that 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 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 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 Credit AgreementLoan Documents; otherwise caring for and protecting any and all of the Property; and/or 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) Section either with or without giving notice to any person. Any amounts expended by Beneficiary under this Subsection 6.3(d) shall be secured by this Deed of Trust.

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 do any and all other things which it may in its sole discretion consider necessary and appropriate to protect the security of this Performance Deed of Trust, including, without limitation, completing construction of the improvements at the Property contemplated by the Credit Agreement. 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 orpowers of Beneficiary or Trustee under, this Performance Deed of Trust; paying, purchasing, contesting or compromising any encumbrance, charge, lien or claim of lien which in Beneficiary’s 's or Trustee's sole judgment is or may be senior in priority to this Performance Deed of Trust, such judgment of Beneficiary or Trustee 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 Credit Agreementhereunder; otherwise caring for and protecting any and all of the Property; and/or 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) Section 7.15 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 become additional indebtedness secured by this Performance Deed of Trust.