Common use of Foreclosure as Mortgage Clause in Contracts

Foreclosure as Mortgage. This instrument shall be effective as a mortgage as well as a deed of trust and upon the occurrence of an Event of Default may be foreclosed as to any of the Mortgaged Property in any manner permitted by the laws of the State of Nebraska or of any other state in which any part of the Mortgaged Property is situated, and any foreclosure suit may be brought by the Trustee or by the Beneficiary.

Appears in 7 contracts

Samples: Second Lien Deed of Trust (Green Plains Inc.), First Lien Deed of Trust (Green Plains Inc.), Second Lien Deed of Trust (Green Plains Inc.)

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Foreclosure as Mortgage. This instrument shall be effective as a mortgage as well as a deed of trust and upon the occurrence of an Event of Default may be foreclosed as to any of the Mortgaged Real Property in any manner permitted by the laws of the State of Nebraska or of any other state in which any part of the Mortgaged Real Property is situated, and any foreclosure suit may be brought by the Trustee or by the BeneficiaryAgent.

Appears in 4 contracts

Samples: Deed of Trust (Green Plains Inc.), Deed of Trust (Green Plains Inc.), Deed of Trust (Green Plains Inc.)

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