Common use of NO CURE OR WAIVER Clause in Contracts

NO CURE OR WAIVER. Neither Beneficiary’s nor any receiver’s entry upon and taking possession of all or any part of the Property, nor any collection of rents, issues, profits, insurance proceeds, condemnation proceeds or damages, other security or proceeds of other security, or other sums, nor the application of any collected sum to any Secured Obligation, nor the exercise DEED OF TRUST (NORTH CAROLINA) Xxxxx Fargo/Xxxx Properties/Cracker Barrel Loan Xx. 00-00000000/Xxxxx Xx. 000 of any other right or remedy by Beneficiary or any receiver shall cure or waive any Default or notice of default under this Deed of Trust, or nullify the effect of any notice of default or sale (unless all Secured Obligations then due have been paid or performed and Trustor has cured all other Defaults hereunder), or impair the status of the security, or prejudice Beneficiary in the exercise of any right or remedy, or be construed as an affirmation by Beneficiary of any tenancy, lease or option or a subordination of the lien of this Deed of Trust.

NO CURE OR WAIVER. Neither BeneficiaryLender’s nor Trustee’s nor any receiver’s entry upon and taking possession of all or any part of the Property, nor any collection of rents, issues, profits, insurance proceeds, condemnation proceeds or damages, other security or proceeds of other security, or other sums, nor the application of any collected sum to any Secured Obligation, nor the exercise DEED OF TRUST (NORTH CAROLINAVIRGINIA) Xxxxx Fargo/Xxxx Properties/Cracker Barrel Loan Xx. 00-00000000/Xxxxx Xx. 000 exercise of any other right or remedy by Beneficiary Lender or Trustee or any receiver shall cure or waive any Default or notice of default under this Deed of Trust, or nullify the effect of any notice of default or sale (unless all Secured Obligations then due have been paid or performed and Trustor Grantor has cured all other Defaults hereunder), or impair the status of the security, or prejudice Beneficiary Lender or Trustee in the exercise of any right or remedy, or be construed as an affirmation by Beneficiary Lender of any tenancy, lease or option or a subordination of the lien of this Deed of Trust.

NO CURE OR WAIVER. Neither BeneficiaryXxxxxx’s nor Trustee’s nor any receiver’s entry upon and taking possession of all or any part of the Property, nor any collection of rents, issues, profits, insurance proceeds, condemnation proceeds or damages, other security or proceeds of other security, or other sums, nor the application of any collected sum to any Secured Obligation, nor the exercise DEED OF TRUST (NORTH CAROLINAVIRGINIA) Xxxxx Fargo/Xxxx Properties/Cracker Barrel Loan XxNo. 0002-0000000062113748/Xxxxx XxStore No. 000 568 exercise of any other right or remedy by Beneficiary Lender or Trustee or any receiver shall cure or waive any Default or notice of default under this Deed of Trust, or nullify the effect of any notice of default or sale (unless all Secured Obligations then due have been paid or performed and Trustor Grantor has cured all other Defaults hereunder), or impair the status of the security, or prejudice Beneficiary Lender or Trustee in the exercise of any right or remedy, or be construed as an affirmation by Beneficiary Lender of any tenancy, lease or option or a subordination of the lien of this Deed of Trust.

NO CURE OR WAIVER. Neither BeneficiaryXxxxxx’s nor Trustee’s nor any receiver’s entry upon and taking possession of all or any part of the Property, nor any collection of rents, issues, profits, insurance proceeds, condemnation proceeds or damages, other security or proceeds of other security, or other sums, nor the application of any collected sum to any Secured Obligation, nor the exercise DEED OF TRUST (NORTH CAROLINAVIRGINIA) Xxxxx Fargo/Xxxx Properties/Cracker Barrel Loan XxNo. 0002-0000000062113730/Xxxxx XxStore No. 000 560 exercise of any other right or remedy by Beneficiary Lender or Trustee or any receiver shall cure or waive any Default or notice of default under this Deed of Trust, or nullify the effect of any notice of default or sale (unless all Secured Obligations then due have been paid or performed and Trustor Grantor has cured all other Defaults hereunder), or impair the status of the security, or prejudice Beneficiary Lender or Trustee in the exercise of any right or remedy, or be construed as an affirmation by Beneficiary Lender of any tenancy, lease or option or a subordination of the lien of this Deed of Trust.

NO CURE OR WAIVER. Neither BeneficiaryLender’s nor Trustee’s nor any receiver’s entry upon and taking possession of all or any part of the Property, nor any collection of rents, issues, profits, insurance proceeds, condemnation proceeds or damages, other security or proceeds of other security, or other sums, nor the application of any collected sum to any Secured Obligation, nor the exercise DEED OF TRUST (NORTH CAROLINAVIRGINIA) Xxxxx Fargo/Xxxx Properties/Cracker Barrel Loan Xx. 00-00000000/Xxxxx Xx. 000 00 exercise of any other right or remedy by Beneficiary Lender or Trustee or any receiver shall cure or waive any Default or notice of default under this Deed of Trust, or nullify the effect of any notice of default or sale (unless all Secured Obligations then due have been paid or performed and Trustor Grantor has cured all other Defaults hereunder), or impair the status of the security, or prejudice Beneficiary Lender or Trustee in the exercise of any right or remedy, or be construed as an affirmation by Beneficiary Lender of any tenancy, lease or option or a subordination of the lien of this Deed of Trust.