Foreclosure by Power of Sale. (i) Should Lender elect to foreclose by exercise of the power of sale herein contained, Lender shall deliver to Trustee a written declaration of default and demand for sale, and shall deposit with Trustee this Deed of Trust and the Note and such receipts and evidence of expenditures made and secured hereby as Trustee may require.
Appears in 5 contracts
Samples: Security Agreement and Fixture Filing (MPG Office Trust, Inc.), Waiver and Agreement (Maguire Properties Inc), Cash Management Agreement (Maguire Properties Inc)
Foreclosure by Power of Sale. (iA) Should Beneficiary or Lender elect to foreclose by exercise of the power of sale herein contained, Beneficiary or Lender shall deliver to Trustee a written declaration of default and demand for sale, and shall deposit with Trustee this Deed of Trust Security Instrument and the Note and such receipts and evidence of expenditures made and secured hereby as Trustee may require.
Appears in 1 contract