Common use of Foreclosure as Mortgage Clause in Contracts

Foreclosure as Mortgage. Should Beneficiary elect to foreclose this Deed of Trust in the manner provided by law for the foreclosure of mortgages on real property, Beneficiary shall be entitled to recover in such proceeding all costs and expenses incident thereto, including a reasonable attorney’s fee in such amount as shall be fixed by the court. Beneficiary shall be entitled to possession of the Property during any redemption period allowed under the laws of the State of Utah.

Appears in 2 contracts

Samples: OVERSTOCK.COM, Inc, OVERSTOCK.COM, Inc

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Foreclosure as Mortgage. Should Beneficiary elect to foreclose this Deed of Trust in the manner provided by law for the foreclosure of mortgages on real property, Beneficiary shall be entitled to recover in such proceeding all costs and expenses incident thereto, including a reasonable attorney’s fee in such amount as shall be fixed by the court, including all appeals. To the extent permitted by law, Beneficiary shall be entitled to possession of the Property Project during any redemption period allowed under the laws of the State of Utah.

Appears in 2 contracts

Samples: And Security Agreement, And Security Agreement

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Foreclosure as Mortgage. Should Beneficiary elect to foreclose this Deed of Trust in the manner Manner provided by law for the foreclosure of mortgages on real property, Beneficiary shall be entitled to recover in such proceeding proceedings all costs and expenses incident thereto, including a reasonable attorney’s fee in such amount as shall be fixed by the court, including all appeals. To the extent permitted by law, Beneficiary shall be entitled to possession of the Property Project during any redemption period allowed under the laws of the State of Utah.

Appears in 1 contract

Samples: Rents and Security Agreement

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