Common use of Foreclosure as Mortgage Clause in Contracts

Foreclosure as Mortgage. This instrument shall be effective as a mortgage and a security agreement as well as a deed of trust and, upon the occurrence of a default, may be foreclosed, at the election of the Beneficiary, as to any of the Property or the Associated Materials in any manner permitted by the laws of the State of Colorado.

Appears in 6 contracts

Samples: Deed of Trust (Standard Gold), Deed of Trust and Security Agreement (Standard Gold), Asset Purchase Agreement (Standard Gold)

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Foreclosure as Mortgage. This instrument shall be effective as a mortgage and a security agreement as well as a deed of trust and, upon the occurrence of a default, may be foreclosed, at the election of the Beneficiary, as to any of the Property or the Associated Materials in any manner permitted by the laws of the State of Colorado.

Appears in 1 contract

Samples: Asset Purchase Agreement (Standard Gold)

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