Non-Waiver of Defaults. The entering upon and taking possession of the Property, the collection of Rents or the proceeds of fire and other insurance policies or compensation or awards for any taking or damage of the Property, and the application or release thereof as herein provided, shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice.
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Samples: Deed of Trust (Synthetech Inc)
Non-Waiver of Defaults. The entering upon and taking possession of the Property, the collection of Rents or any partial payment, Rents, the proceeds of fire and other insurance policies policies, or compensation or awards for any taking or damage of the Mortgaged Property, and the application or release thereof as herein provided, shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice.
Appears in 1 contract
Non-Waiver of Defaults. The entering upon and taking talking possession of the Property, the collection of Rents or the proceeds of fire and other insurance policies or compensation or awards for any taking or damage of the Property, and the application or release thereof as herein provided, shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice.
Appears in 1 contract
Samples: Mortgage, Assignment of Rents and Leases, and Security Agreement (GTJ REIT, Inc.)
Non-Waiver of Defaults. The entering upon and taking possession of the Property, the collection of Rents or the proceeds of fire and other insurance policies or compensation or awards for any taking or damage of the Property, and the application or release thereof as herein provided, shall not cure or waive any default or notice of default hereunder or invalidate any act done dose pursuant to such notice.
Appears in 1 contract
Samples: Mortgage, Assignment of Rents and Leases, and Security Agreement (GTJ REIT, Inc.)
Non-Waiver of Defaults. The entering upon and taking ---------------------- possession of the Property, the collection of Rents or the proceeds of fire and other insurance policies or compensation or awards for any taking or damage of the Property, and the application or release thereof as herein provided, shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice.
Appears in 1 contract
