Common use of Entry on the Property Clause in Contracts

Entry on the Property. Either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a court and without regard to the adequacy of its security, enter upon and take possession of the Property, or any part thereof, without force or with such force as is permitted by law and without notice or process or with such notice or process as is required by law, unless such notice and process is waivable, in which case Borrower hereby waives such notice and process, and do any and all acts and perform any and all work which may be desirable or necessary in Lender’s judgment to complete any unfinished construction on the Premises, to preserve the value, marketability or rentability of the Property, to increase the income therefrom, to manage and operate the Property or to protect the security hereof, and all sums expended by Lender therefor, together with interest thereon at the Default Interest Rate, shall be immediately due and payable to Lender by Borrower on demand and shall be secured hereby and by all of the other Loan Documents securing all or any part of the Debt.

Appears in 17 contracts

Samples: Mortgage, Security Agreement and Fixture Filing (Industrial Income Trust Inc.), Mortgage, Security Agreement and Fixture Filing (Acadia Realty Trust), Deed to Secure Debt, Security Agreement and Fixture Filing (Campus Crest Communities, Inc.)

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Entry on the Property. Either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a court and without regard to the adequacy of its security, enter upon and take possession of the Property, or any part thereof, without force or with such force as is permitted by law and without notice or process or with such notice or process as is required by law, law unless such notice and process is waivable, in which case Borrower Grantor hereby waives such notice and process, and do any and all acts and perform any and all work which may be desirable or necessary in Lender’s Grantee's judgment to complete any unfinished construction on the PremisesReal Estate, to preserve the value, marketability or rentability of the Property, to increase the income therefrom, to manage and operate the Property or to protect the security hereof, hereof and all sums expended by Lender Grantee therefor, together with interest thereon at the Default Interest Rate, shall be immediately due and payable to Lender Grantee by Borrower Grantor on demand and shall be secured hereby and by all of the other Loan Documents securing all or any part of the Debtindebtedness evidenced by the Note.

Appears in 5 contracts

Samples: Deed to Secure Debt and Security Agreement (Merry Land Capital Trust), Deed to Secure Debt and Security Agreement (Merry Land Properties Inc), Deed to Secure Debt and Security Agreement (Merry Land Properties Inc)

Entry on the Property. Either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a court and without regard to the adequacy of its security, enter upon and take possession of the Property, or any part thereof, without force or with such force as is permitted by law and without notice or process or with such notice or process as is required by law, law unless such notice and process is waivable, in which case Borrower hereby waives such notice and process, and do any and all acts and perform any and all work which may be desirable or necessary in Lender’s judgment to complete any unfinished construction on the PremisesReal Estate, to preserve the value, marketability or rentability of the Property, to increase the income therefrom, to manage and operate the Property or to protect the security hereof, hereof and all sums expended by Lender therefor, together with interest thereon at the Default Interest Rate, shall be immediately due and payable to Lender by Borrower on demand and shall be secured hereby and by all of the other Loan Documents securing all or any part of the Debtdemand.

Appears in 4 contracts

Samples: Mortgage, Assignment of Leases and Rents and Security Agreement (Gladstone Commercial Corp), Open End Mortgage, Assignment of Leases and Rents and Security Agreement (Gladstone Commercial Corp), Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Gladstone Commercial Corp)

Entry on the Property. Either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a court and without regard to the adequacy of its security, enter upon and take possession of the Property, or any part thereof, without force or with such force as is permitted by law and without notice or process or with such notice or process as is required by law, law unless such notice and process is waivable, in which case Borrower hereby waives such notice and process, and do any and all acts and perform any and all work which may be desirable or necessary in LenderLxxxxx’s judgment to complete any unfinished construction on the PremisesReal Estate, to preserve the value, marketability or rentability of the Property, to increase the income therefrom, to manage and operate the Property or to protect the security hereof, hereof and all sums expended by Lender therefor, together with interest thereon at the Default Interest Rate, shall be immediately due and payable to Lender by Borrower on demand and shall be secured hereby and by all of the other Loan Documents securing all or any part of the Debtdemand.

Appears in 2 contracts

Samples: Deed of Trust, Assignment of Leases and Rents and Security Agreement (Gladstone Commercial Corp), Deed of Trust, Assignment of Leases and Rents and Security Agreement (Gladstone Commercial Corp)

Entry on the Property. Either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a court and without regard to the adequacy of its Lender's security, enter upon and take possession of the Property, or any part thereof, without force or with such force as is permitted by law and without notice or process or with such notice or process as is required by law, law unless such notice and process is waivable, in which case Borrower hereby waives such notice and process, and do does any and all acts and perform performs any and all work which may be desirable or necessary in Lender’s 's judgment to complete any unfinished construction on the PremisesLand, to preserve the value, marketability or rentability of the Property, to increase the income therefrom, to manage and operate the Property or to protect the security hereof, hereof and all sums expended by Lender therefor, together with interest thereon at the Default Interest Rate, shall be immediately due and payable to Lender by Borrower on demand and shall be secured hereby and by all of the other Loan Documents securing all or any part of the Debtindebtedness evidenced by the Note.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement and Financing Statement (Condor Hospitality Trust, Inc.)

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Entry on the Property. Either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a court and without regard to the adequacy of its security, enter upon and take possession of the Property, or any part thereof, without force or with such force as is permitted by law and without notice or process or with such notice or process as is required by law, law unless such notice and process is waivable, in which case Borrower Mortgagor hereby waives such notice and process, and do any and all acts and perform any and all work which may be desirable or necessary in LenderMortgagee’s judgment to complete any unfinished construction on the PremisesReal Estate, to preserve the value, marketability or rentability of the Property, to increase the income therefrom, to manage and operate the Property or to protect the security hereof, hereof and all sums expended by Lender Mortgagee therefor, together with interest thereon at the Default Interest Rate, shall be immediately due and payable to Lender Mortgagee by Borrower Mortgagor on demand and shall be secured hereby and by all of the other Loan Documents securing all or any part of the Debtdemand.

Appears in 1 contract

Samples: Mortgage Agreement (Talon Real Estate Holding Corp.)

Entry on the Property. Either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a court and without regard to the adequacy of its security, enter upon and take possession of the Property, or any part thereof, without force or with such force as is permitted by law and without notice or process or with such notice or process as is required by law, law unless such notice and process is waivable, in which case Borrower Mortgagor hereby waives such notice and process, and do any and all acts and perform any and all work which may be desirable or necessary in LenderMortgagee’s judgment to complete any unfinished construction on the PremisesReal Estate, to preserve the value, marketability or rentability of the Property, to increase the income therefrom, to manage and operate the Property or to protect the security hereof, hereof and all sums expended by Lender Mortgagee therefor, together with interest thereon at the Default Interest Rate, shall be immediately due and payable to Lender Mortgagee by Borrower Mortgagor on demand and shall be secured hereby and by all of the other Loan Documents securing all or any part of the Debtindebtedness evidenced by the Note.

Appears in 1 contract

Samples: Leasehold Mortgage, Security Agreement and Financing Statement (Taubman Centers Inc)

Entry on the Property. Either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a court and without regard to the adequacy of its security, enter upon and take possession of the Property, or any part thereof, without force or with such force as is permitted by law and without notice or process or with such notice or process as is required by law, unless such notice and process is waivable, in which case Borrower Trustor hereby waives such notice and process, and do any and all acts and perform any and all work which may be desirable or necessary in LenderBeneficiary’s judgment to complete any unfinished construction on the PremisesReal Estate, to preserve the value, marketability or rentability of the Property, to increase the income therefrom, to manage and operate the Property or to protect the security hereof, hereof and all sums expended by Lender Beneficiary therefor, together with interest thereon at the Default Interest Rate, shall be immediately due and payable to Lender Beneficiary by Borrower Trustor on demand and shall be secured hereby and by all of the other Loan Documents securing all or any part of the DebtSecured Obligations.

Appears in 1 contract

Samples: Loan Agreement (Catellus Development Corp)

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