Common use of Lender as Purchaser Clause in Contracts

Lender as Purchaser. The Lender shall have the right to become the purchaser at any sale held by the Lender or successor or by any receiver or public officer or at any public sale, and the Lender shall have the right to credit upon the amount of the Lender’s successful bid, to the extent necessary to satisfy such bid, all or any part of the secured indebtedness in such manner and order as the Lender may elect.

Lender as Purchaser. The Lender shall have has the right to become the purchaser at any sale held by the Lender or successor or by any receiver or court, receiver, public officer or at any public saleother Person, and the Lender shall have has the right to credit credit, upon the amount of the Lender’s successful bidbid made therefor, the amount of Secured Obligations payable to it out of the net proceeds of such sale. Upon any such purchase, Lender shall acquire good title to the extent necessary to satisfy such bidProperty so purchased, free from the Lien of this Mortgage and free of all or any part rights of the secured indebtedness redemption, if any, in such manner and order as the Lender may electBorrower.

Lender as Purchaser. The Lender shall have the right to become the purchaser at any sale held by the Lender or substitute or successor or by any receiver or public officer or at any public sale, and the Lender shall have the right to credit upon the amount of the Lender’s 's successful bid, to the extent necessary to satisfy such bid, all or any part of the secured indebtedness in such manner and order as the Lender may elect.