Common use of Extension, Release, etc Clause in Contracts

Extension, Release, etc. Without affecting the lien or charge of this Deed of Trust upon any portion of the Trust Property not then or theretofore released as security for the full amount of the Indebtedness, Beneficiary may, from time to time and without notice, agree to (i) release any person liable for the Indebtedness, (ii) extend the maturity or alter any of the terms of the Indebtedness or any guaranty thereof, (iii) grant other indulgences, (iv) release or reconvey, or cause to be released or reconveyed at any time at. Beneficiary’s option any parcel, portion or all of the Trust Property, (v) take or release any other or additional security for any obligation herein mentioned, or (vi) make compositions or other arrangements with debtors in relation thereto. If at any time this Deed of Trust shall secure less than all of the principal amount of the Indebtedness, it is expressly agreed that any repayments of the principal amount of the Indebtedness shall not reduce the amount of the lien of this Deed of Trust until the lien amount shall equal the principal amount of the Indebtedness outstanding.

Extension, Release, etc. (a) Without affecting the lien or charge of this Deed of Trust Mortgage upon any portion of the Trust Mortgaged Property not then or theretofore released as security for the full amount of the Indebtedness, Beneficiary Mortgagee may, from time to time and without notice, agree to (i) release any person liable for the Indebtedness, (ii) extend the maturity or alter any of the terms of the Indebtedness or any guaranty thereof, (iii) grant other indulgences, (iv) release or reconvey, or cause to be released or reconveyed at any time at. Beneficiary’s at Mortgagee's option any parcel, portion or all of the Trust Mortgaged Property, (v) take or release any other or additional security for any obligation herein mentioned, or (vi) make compositions or other arrangements with debtors in relation thereto. If at any time this Deed of Trust Mortgage shall secure less than all of the principal amount of the Indebtedness, it is expressly agreed that any repayments of the principal amount of the Indebtedness shall not reduce the amount of the lien encumbrance of this Deed of Trust Mortgage until the lien encumbrance amount shall equal the principal amount of the Indebtedness outstanding. (b) No recovery of any judgment by Mortgagee and no levy of an execution under any judgment upon the Mortgaged Property or upon any other property of Mortgagor shall affect the encumbrance of this Mortgage or any liens, rights,

Extension, Release, etc. Without affecting the lien or charge of this Deed of Trust Mortgage upon any portion of the Trust Mortgaged Property not then or theretofore released as security for the full amount of the Indebtedness, Beneficiary Mortgagee may, from time to time and without notice, agree to (i) release any person liable for the Indebtedness, (ii) extend the maturity or alter any of the terms of the Indebtedness or any guaranty thereof, (iii) grant other indulgences, (iv) release or reconvey, or cause to be released or reconveyed at any time at. Beneficiaryat Mortgagee’s option any parcel, portion or all of the Trust Mortgaged Property, (v) take or release any other or additional security for any obligation herein mentioned, or (vi) make compositions or other arrangements with debtors in relation thereto. If at any time this Deed of Trust Mortgage shall secure less than all of the principal amount of the Indebtedness, it is expressly agreed that any repayments of the principal amount of the Indebtedness shall not reduce the amount of the lien of this Deed of Trust Mortgage until the lien amount shall equal the principal amount of the Indebtedness outstanding.

Extension, Release, etc. Without affecting the lien or charge of this Deed of Trust Mortgage upon any portion of the Trust Mortgaged Property not then or theretofore released as security for the full amount of the Secured Indebtedness, Beneficiary Mortgagee may, from time to time and without notice, agree to (i) release any person liable for the [Secured][Loan Document] Indebtedness, (ii) extend the maturity or alter any of the terms of the [Secured][Loan Document] Indebtedness or any guaranty thereof, (iii) grant other indulgences, (iv) release or reconvey, or cause to be released or reconveyed at any time at. Beneficiary’s at Mortgagee's option any parcel, portion or all of the Trust Mortgaged Property, (v) take or release any other or additional security for any obligation herein mentioned, or (vi) make compositions or other arrangements with debtors in relation thereto. If at any time this Deed of Trust Mortgage shall secure less than all of the principal amount of the Secured Indebtedness, it is expressly agreed that any repayments of the principal amount of the Secured Indebtedness shall not reduce the amount of the lien of this Deed of Trust Mortgage until the lien amount shall equal the principal amount of the Indebtedness outstanding.

Extension, Release, etc. Without affecting the lien or charge of this Deed of Trust Mortgage upon any portion of the Trust Mortgaged Property not then or theretofore released as security for the full amount of the Indebtedness, Beneficiary Mortgagee may, from time to time and without notice, agree to (i) release any person liable for the Indebtedness, (ii) extend the maturity or alter any of the terms of the Indebtedness or any guaranty thereof, ; (iii) grant other indulgences, (iv) release or reconvey, or cause to be released or reconveyed at any time at. Beneficiaryat Mortgagee’s option any parcel, portion or all of the Trust Mortgaged Property, (v) take or release any other or additional security for any obligation herein mentioned, or (vi) make compositions or other arrangements with debtors in relation thereto. If at any time this Deed of Trust Mortgage shall secure less than all of the principal amount of the Indebtedness, it is expressly agreed that any repayments of the principal amount of the Indebtedness shall not reduce the amount of the lien of this Deed of Trust Mortgage until the lien amount shall equal the principal amount of the Indebtedness outstanding.

Extension, Release, etc. Without affecting the lien or charge of this Deed of Trust Mortgage upon any portion of the Trust Mortgaged Property not then or theretofore released as security for the full amount of the Indebtedness, Beneficiary Mortgagee may, from time to time and without notice, agree to (i) release any person liable for the Indebtedness, (ii) extend the maturity or alter any of the terms of the Indebtedness or any guaranty thereof, (iii) grant other indulgences, (iv) release or reconvey, or cause to be released or reconveyed at any time at. Beneficiary’s at Mortgagee's option any parcel, portion or all of the Trust Mortgaged Property, (v) take or release any other or additional security for any obligation herein mentioned, or (vi) make compositions or other arrangements with debtors in relation thereto. If at any time this Deed of Trust Mortgage shall secure less than all of the principal amount of the Indebtedness, it is expressly agreed that any repayments of the principal amount of the Indebtedness shall not reduce the amount of the lien of this Deed of Trust Mortgage until the lien amount shall equal the principal amount of the Indebtedness outstanding.

Extension, Release, etc. Without To the extent permitted by applicable law, (a) without affecting the lien or charge of this Deed of Trust Mortgage upon any portion of the Trust Mortgaged Property not then or theretofore released as security for the full amount of the Indebtedness, Beneficiary Mortgagee may, from time to time and without notice, agree to (i) release any person liable for the Indebtedness, (ii) extend the maturity or alter any of the terms of the Indebtedness or any guaranty thereof, (iii) grant other indulgences, (iv) release or reconvey, or cause to be released or reconveyed at any time at. Beneficiary’s at Mortgagee's option any parcel, portion or all of the Trust Mortgaged Property, (v) take or release any other or additional security for any obligation herein mentioned, or (vi) make compositions or other arrangements with debtors in relation thereto. If at any time this Deed of Trust Mortgage shall secure less than all of the principal amount of the Indebtedness, it is expressly agreed that any repayments of the principal amount of the Indebtedness shall not reduce the amount of the lien of this Deed of Trust Mortgage until the lien amount shall equal the principal amount of the Indebtedness outstanding.