Common use of Mortgagor's Waivers Clause in Contracts

Mortgagor's Waivers. Mortgagor, for itself and its successors and assigns, hereby irrevocably waives and releases, to the extent permitted by law, and whether now or hereafter in force, (a) the benefit of any and all valuation and appraisement laws, (b) any right of redemption whether statutory or otherwise, in respect of the Property, (c) any applicable homestead or dower laws, and (d) all exemption laws whatsoever and all moratoriums, extensions or stay laws or rules, or orders of court in the nature of any one or more of them.

Appears in 2 contracts

Samples: Mortgage, Security Agreement, and Assignment of Leases and Rents (SLM International Inc /De), Mortgage Deed, Security Agreement, and Assignment of Leases and Rents (Sun Television & Appliances Inc)

AutoNDA by SimpleDocs

Mortgagor's Waivers. Mortgagor, for itself and its successors and assigns, hereby irrevocably waives and releases, to the extent permitted by law, and whether now or hereafter in force, (a) the benefit of any and all valuation and appraisement laws, (b) any right of redemption whether statutory or otherwise, in respect of the Property, and (c) any applicable homestead or dower laws, and (d) all exemption laws whatsoever and all moratoriums, extensions or stay laws or rules, or orders of court in the nature of any one or more of them.

Appears in 1 contract

Samples: Mortgage, Security Agreement, and Assignment of Leases and Rents (SLM International Inc /De)

AutoNDA by SimpleDocs

Mortgagor's Waivers. Mortgagor, for itself and its successors and -------------------- assigns, hereby irrevocably waives and releases, to the extent permitted by law, and whether now or hereafter in force, (a) the benefit of any and all valuation and appraisement laws, (b) any right of redemption whether statutory or otherwise, in respect of the Property, (c) any applicable homestead or dower laws, laws and (d) all exemption laws whatsoever and all moratoriums, extensions or stay stays, laws or rules, or orders of court in the nature of any one or more of them.

Appears in 1 contract

Samples: Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rents (Technology Flavors & Fragrances Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!