Common use of Notice of Sale; Sale of Property Clause in Contracts

Notice of Sale; Sale of Property. If Xxxxxx invokes the power of sale, Xxxxxx will execute or cause Trustee to execute a written notice of the occurrence of an event of Default and of Xxxxxx’s election to cause the Property to be sold. Trustee will cause this notice to be recorded in each county in which any part of the Property is located. Lender or Trustee will mail copies of the notice as prescribed by Applicable Law to Borrower and to the other required recipients. Trustee will give public notice of sale to the persons and in the manner prescribed by Applicable Law. At a time permitted by, and in accordance with Applicable Law, Trustee, without further demand on Borrower, will sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Unless prohibited by Applicable Law, Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale.

Notice of Sale; Sale of Property. If Xxxxxx invokes the power of sale, Xxxxxx will execute or cause Trustee to execute a give written notice to Trustee of the occurrence of an event of Default and of Xxxxxx’s election to cause the Property to be sold. Xxxxxx will mail a copy of the notice to Xxxxxxxx as provided in Section 16. Trustee will cause this record a copy of the notice to be recorded in each the county in which any part of the Property is located. Lender or Trustee will publish a notice of sale for the time and in the manner provided by Applicable Law, and will mail copies of the notice as of sale in the manner prescribed by Applicable Law to Borrower and to the other required recipients. Trustee will give public notice of sale to the persons and in the manner prescribed by Applicable Law. At a time permitted by, and in accordance with Applicable Law, Trustee, without further demand on Borrower, will sell the Property at public auction to the highest bidder for cash at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Unless prohibited by Applicable Law, Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale.

Notice of Sale; Sale of Property. If Xxxxxx invokes the power of sale, Xxxxxx will execute or cause Trustee to execute a give written notice to Trustee of the occurrence of an event of Default and of Xxxxxx’s election to cause the Property to be sold. Xxxxxx will mail a copy of the notice to Xxxxxxxx as provided in Section 11. Trustee will cause this record a copy of the notice to be recorded in each the county in which any part of the Property is located. Lender or Trustee will publish a notice of sale for the time and in the manner provided by Applicable Law, and will mail copies of the notice as of sale in the manner prescribed by Applicable Law to Borrower and to the other required recipients. Trustee will give public notice of sale to the persons and in the manner prescribed by Applicable Law. At a time permitted by, and in accordance with Applicable Law, Trustee, without further demand on Borrower, will sell the Property at public auction to the highest bidder for cash at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Unless prohibited by Applicable Law, Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale.