Common use of Entry on the Property Clause in Contracts

Entry on the Property. Either in person or by agent, whether before or after the whole indebtedness secured hereby is declared to be immediately due and 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 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 Beneficiary's judgment to complete any unfinished construction on the Real 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, and all sums expended by Beneficiary therefor, together with interest thereon at the Default Rate, shall be immediately due and payable to Beneficiary by Trustor on demand and shall be secured hereby and by all of the other Loan Documents securing all or any part of the indebtedness evidenced by the Note.

Appears in 2 contracts

Samples: Deed of Trust, Deed of Trust With Assignment of Rents (E Trade Group Inc)

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Entry on the Property. Either in person Person or by agent, whether before or after the whole indebtedness secured hereby is declared to be immediately due and 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 law, 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 Trustor Borrower hereby waives such notice and process, and without liability for trespass, damages or otherwise, and do any and all acts and acts, perform any and all work and take possession of any and all books, records and accounts which may be desirable or necessary in Beneficiary's Lender’s judgment to complete any unfinished construction on the Real 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 Beneficiary Lender therefor, together with interest thereon at the Default Rate, shall be immediately due and payable to Beneficiary Lender by Trustor Borrower on demand and shall be secured hereby and by all of the other Loan Documents securing all or any part of the indebtedness evidenced by the Note.

Appears in 1 contract

Samples: Mortgage, Assignment of Leases and Rents and Security Agreement (Strategic Student & Senior Housing Trust, Inc.)

Entry on the Property. Either Without in person any way curing or waiving any default of Grantor, either in person, by agent or by agentcourt-appointed receiver, whether before or after the whole indebtedness secured hereby is declared to be immediately due and 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, in its own name, 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 are waivable, in which case Trustor 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 Beneficiary's judgment to complete any unfinished construction on the Real Estate, to preserve and/or enhance 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 Beneficiary therefor, together with interest thereon at the Default RateInterest Rate (as defined in the Note), shall be immediately due and payable to Beneficiary by Trustor Grantor on demand and shall be secured hereby and by all of the other Loan Documents securing all or any part of the indebtedness evidenced by the Note.

Appears in 1 contract

Samples: Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Cornerstone Growth & Income REIT, Inc.)

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Entry on the Property. Either in person or by agent, whether before or after the whole indebtedness secured hereby is declared to be immediately due and 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 DEED OF TRUST AND SECURITY AGREEMENT - Page 47 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 Trustor 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 Beneficiary's judgment to complete any unfinished construction on the Real EstateLand, 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 Beneficiary therefor, together with interest thereon at the Default Interest Rate, shall be immediately due and payable to Beneficiary by Trustor Grantor on demand and shall be secured hereby and by all of the other Loan Documents securing all or any part of the indebtedness evidenced by the Note.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Nei Webworld Inc)

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