Effect of Sale. Any sale or sales of the Mortgaged Property or portions -------------- thereof where permitted by law shall operate to divest all right, title, interest, claim and demand whatsoever either at law or in equity of Mortgagors of, in and to the premises and the property sold and shall be a perpetual bar, both at law and in equity, against Mortgagors, and Mortgagors' successors, legal representatives or assigns, and against any and all Persons claiming or who shall thereafter claim all or any of the property sold by, through or under Mortgagors, or Mortgagors' successors, legal representatives and assigns. Nevertheless, Mortgagors, if requested by Mortgagee to do so, shall join in the execution and delivery of all proper conveyances, assignments and transfers of the properties so sold.
Appears in 3 contracts
Samples: Mortgage, Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (New Century Energy Corp.), Mortgage, Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (New Century Energy Corp.), Mortgage, Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (New Century Energy Corp.)
Effect of Sale. Any sale or sales of the Mortgaged Property Property, whether under the power of sale herein granted and conferred or portions -------------- thereof where permitted by law virtue of judicial proceedings, shall operate to divest all right, title, interest, claim claim, and demand whatsoever either at law or in equity equity, of Mortgagors Mortgagor of, in in, and to the premises and the property sold sold, and shall be a perpetual bar, both at law and in equity, against MortgagorsMortgagor, and Mortgagors' Mortgagor's successors, legal representatives or assigns, and against any and all Persons persons claiming or who shall thereafter claim all or any of the property sold byfrom, through or under MortgagorsMortgagor, or Mortgagors' successorsMortgagor's successors or assigns; nevertheless, legal representatives and assigns. Nevertheless, MortgagorsMortgagor, if requested by the Mortgagee so to do sodo, shall join in the execution and delivery of all proper conveyances, assignments and transfers of the properties so sold.
Appears in 2 contracts
Samples: Junior Mortgage, Security Agreement, Assignment of Leases and Rents (Glimcher Realty Trust), Mortgage, Security Agreement, Assignment of Leases and Rents (Glimcher Realty Trust)
Effect of Sale. Any sale or sales of the Mortgaged Property or portions -------------- thereof where permitted by law shall operate to divest all right, title, interest, claim and demand whatsoever either at law or in equity equity, of Mortgagors Mortgagor of, in and to the premises and the property sold sold, and shall be a perpetual bar, both at law and in equity, against MortgagorsMortgagor, and Mortgagors' Mortgagor's successors, legal representatives or assigns, and against any and all Persons claiming or who shall thereafter claim all or any of the property sold by, through or under MortgagorsMortgagor, or Mortgagors' Mortgagor's successors, legal representatives and assigns. Nevertheless, MortgagorsMortgagor, if requested by Mortgagee to do so, shall join in the execution and delivery of all proper conveyances, assignments and transfers of the properties so sold.
Appears in 2 contracts
Samples: Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (Pacific Energy Resources LTD), Deed of Trust (Pacific Energy Resources LTD)
Effect of Sale. Any sale or sales of the Mortgaged Property or portions -------------- thereof where permitted by law shall operate to divest all right, title, interest, claim and demand whatsoever either at law or in equity equity, of Mortgagors each Mortgagor of, in and to the premises and the property sold sold, and shall be a perpetual bar, both at law and in equity, against Mortgagorssuch Mortgagor, and Mortgagors' such Mortgagor’s successors, legal representatives or assigns, and against any and all Persons claiming or who shall thereafter claim all or any of the property sold by, through or under Mortgagorssuch Mortgagor, or Mortgagors' such Mortgagor’s successors, legal representatives and assigns. Nevertheless, Mortgagorseach Mortgagor, if requested by Mortgagee to do so, shall join in the execution and delivery of all proper conveyances, assignments and transfers of the properties so sold.
Appears in 2 contracts
Samples: Mortgage, Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (Petrol Oil & Gas Inc), Mortgage, Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (Petrol Oil & Gas Inc)
Effect of Sale. Any sale or sales of the Mortgaged Property or portions -------------- thereof where permitted by law shall operate to divest all right, title, interest, claim and demand whatsoever either at law or in equity equity, of Mortgagors Mortgagor of, in and to the premises and the property sold sold, and shall be a perpetual bar, both at law and in equity, against MortgagorsMortgagor, and Mortgagors' Mortgagor’s successors, legal representatives or assigns, and against any and all Persons claiming or who shall thereafter claim all or any of the property sold by, through or under MortgagorsMortgagor, or Mortgagors' Mortgagor’s successors, legal representatives and assigns. Nevertheless, MortgagorsMortgagor, if requested by Mortgagee to do so, shall join in the execution and delivery of all proper conveyances, assignments and transfers of the properties so sold.
Appears in 1 contract
Effect of Sale. Any sale or sales of the Mortgaged Property or ---------------- portions -------------- thereof where permitted by law shall operate to divest all right, title, interest, claim and demand whatsoever either at law or in equity of Mortgagors Mortgagor of, in and to the premises and the property sold and shall be a perpetual bar, both at law and in equity, against MortgagorsMortgagor, and Mortgagors' Mortgagor's successors, legal representatives or assigns, and against any and all Persons claiming or who shall thereafter claim all or any of the property sold by, through or under MortgagorsMortgagor, or Mortgagors' Mortgagor's successors, legal representatives and assigns. Nevertheless, MortgagorsMortgagor, if requested by Mortgagee to do so, shall join in the execution and delivery of all proper conveyances, assignments and transfers of the properties so sold.
Appears in 1 contract
Effect of Sale. Any sale or sales of the Mortgaged Property or portions -------------- thereof where permitted by law shall operate to divest all right, title, interest, claim and demand whatsoever either at law or in equity equity, of Mortgagors Mortgagor of, in and to the premises and the property sold sold, and shall be a perpetual bar, both at law and in equity, against MortgagorsMortgagor, and Mortgagors' Mortgagor's successors, legal representatives or assigns, and against any and all Persons claiming or who shall thereafter claim all or any of the property sold by, through or under MortgagorsMortgagor, or Mortgagors' Mortgagor's successors, legal representatives and assigns. Nevertheless, MortgagorsMortgagor, if requested by Mortgagee to do so, shall join in the execution and delivery of all proper conveyances, assignments and transfers of the properties so sold.
Appears in 1 contract
Samples: Mortgage, Security Agreement, Financing Statement and Assignment of Production (Texhoma Energy Inc)
Effect of Sale. Any sale or sales of the Mortgaged Property or portions -------------- thereof where permitted by law shall operate to divest all right, title, interest, claim and demand whatsoever either at law or in equity equity, of Mortgagors of, in and to the premises and the property sold and shall be a perpetual bar, both at law and in equity, against Mortgagors, and Mortgagors' ’ successors, legal representatives or assigns, and against any and all Persons claiming or who shall thereafter claim all or any of the property sold by, through or under Mortgagors, or Mortgagors' ’ successors, legal representatives and assigns. Nevertheless, Mortgagors, if requested by Mortgagee to do so, shall join in the execution and delivery of all proper conveyances, assignments and transfers of the properties so sold.
Appears in 1 contract
Effect of Sale. Any sale or sales of the Mortgaged Property or ---------------- portions -------------- thereof where permitted by law shall operate to divest all right, title, interest, claim and demand whatsoever either at law or in equity equity, of Mortgagors of, in and to the premises and the property sold and shall be a perpetual bar, both at law and in equity, against Mortgagors, and Mortgagors' successors, legal representatives or assigns, and against any and all Persons claiming or who shall thereafter claim all or any of the property sold by, through or under Mortgagors, or Mortgagors' successors, legal representatives and assigns. Nevertheless, Mortgagors, if requested by Mortgagee to do so, shall join in the execution and delivery of all proper conveyances, assignments and transfers of the properties so sold.
Appears in 1 contract
