Power of Attorney to Mortgagee. Mortgagor does hereby designate Mortgagee as the agent of Mortgagor to act in the name, place, and stead of Mortgagor in the exercise of each and every remedy set forth herein and in conducting any and all operations and taking any and all action reasonably necessary to do so, recognizing such agency in favor of Mortgagee to be coupled with the interests of Mortgagee under this Mortgage and, thus, irrevocable so long as this Mortgage is in force and effect.
Appears in 4 contracts
Samples: Mortgage, Security Agreement, Fixture Filing and Financing Statement (Lilis Energy, Inc.), Mortgage, Security Agreement, Assignment of Production, Fixture Filing and Financing Statement (Lilis Energy, Inc.), Mortgage, Security Agreement, Assignment of Production, Fixture Filing and Financing Statement (Starboard Resources, Inc.)
Power of Attorney to Mortgagee. Mortgagor does hereby designate Mortgagee as the agent of Mortgagor to act in the name, place, and stead of Mortgagor in the exercise of each and every remedy set forth herein and in conducting any and all operations and taking any and all action reasonably necessary to do so, recognizing such agency in favor of Mortgagee to be coupled with the interests of Mortgagee under this Mortgage Deed of Trust and, thus, irrevocable so long as this Mortgage Deed of Trust is in force and effect.
Appears in 3 contracts
Samples: Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (Lucas Energy, Inc.), Mortgage, Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (Primeenergy Corp), Mortgage, Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (Primeenergy Corp)
Power of Attorney to Mortgagee. Upon the occurrence of an Event of Default, Mortgagor does hereby designate Mortgagee as the agent of Mortgagor to act in the name, place, and stead of Mortgagor in the exercise of each and every remedy set forth herein and in conducting any and all operations and taking any and all action reasonably necessary to do so, recognizing such agency in favor of Mortgagee to be coupled with the interests of Mortgagee under this Mortgage and, thus, irrevocable so long as this Mortgage is in force and effect.
Appears in 2 contracts
Samples: Mortgage, Security Agreement, Fixture Filing and Financing Statement (Lilis Energy, Inc.), Mortgage, Security Agreement, Fixture Filing and Financing Statement (Lilis Energy, Inc.)
Power of Attorney to Mortgagee. Mortgagor does hereby designate Mortgagee as the agent of Mortgagor to act in the name, place, and stead of Mortgagor in for the exercise purpose of each and every remedy set forth herein and in conducting any and all operations and taking any and all action reasonably actions deemed by Mortgagee necessary to do sofor the realization by Mortgagee of the benefits of the assignment of production provided herein, recognizing such agency in favor of Mortgagee to be coupled with the interests of Mortgagee under this Mortgage and, thus, irrevocable so long as this Mortgage is in force and effect.
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Power of Attorney to Mortgagee. Mortgagor does hereby doex xxxxxx designate Mortgagee as the agent of Mortgagor to act in the name, place, place and stead of Mortgagor in the exercise of each and every remedy set forth herein and in conducting any and all operations and taking any and all action reasonably necessary to do so, recognizing such agency in favor of Mortgagee to be coupled with the interests interest of Mortgagee under this Mortgage Deed of Trust and, thus, irrevocable so long as this Mortgage Deed of Trust is in force and effect.
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