Common use of Power of Attorney to Mortgagee Clause in Contracts

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 (Lilis Energy, Inc.), Mortgage, Security Agreement (Lilis Energy, Inc.), Mortgage, Security Agreement (Starboard Resources, Inc.)

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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: Trust, Security Agreement (Lucas Energy, Inc.), Primeenergy Corp, Primeenergy Corp

Power of Attorney to Mortgagee. Mortgagor does hereby designate Mortgagee as the Mortgagor's agent of Mortgagor to act in the name, place, 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 Deed of Trust and, thus, irrevocable so long as this Mortgage is in force and effectirrevocable.

Appears in 1 contract

Samples: Agreement to Purchase Sugar Valley Interest (Blast Energy Services, 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.

Appears in 1 contract

Samples: Mortgage, Security Agreement (High Plains Gas, Inc.)

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Power of Attorney to Mortgagee. Mortgagor does hereby designate Mortgagee as the Mortgagor's 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 of Mortgagee under this Mortgage Deed of Trust, and, thus, irrevocable so long as this Mortgage is in force and effectirrevocable.

Appears in 1 contract

Samples: Agreement to Purchase Sugar Valley Interest (Blast Energy Services, Inc.)

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.

Appears in 1 contract

Samples: Fortune Natural Resources Corp

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