Common use of DEFAULTS; ACCELERATION; REMEDIES Clause in Contracts

DEFAULTS; ACCELERATION; REMEDIES. Upon the occurrence of any Default, Beneficiary may, at Beneficiary’s option, declare all of the sums secured by this Deed of Trust to be immediately due and payable without further demand, and may exercise, at Beneficiary’s option, and by or through Trustee, by Beneficiary itself, or otherwise, any and all remedies permitted hereunder, under any of the Loan Documents, or pursuant to applicable law. In addition, upon the occurrence of a Default and subject to any applicable cure period, Beneficiary may, at Beneficiary’s option, and by or through Trustee, by Beneficiary itself, or otherwise, do any one or more of the following:

Appears in 7 contracts

Samples: Leasehold Deed of Trust (Nevada Gold & Casinos Inc), Leasehold Deed of Trust (Nevada Gold & Casinos Inc), Leasehold Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Nevada Gold & Casinos Inc)

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