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 (SLM International Inc /De), Sun Television & Appliances Inc

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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 (SLM International Inc /De)

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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 (Technology Flavors & Fragrances Inc)

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