Common use of Power of Sale Clause in Contracts

Power of Sale. If at any time the Borrower is in default under this Deed, the Lender will have the right and authority to foreclose and force the sale of the Property without any judicial proceeding. Any delay in the exercising of this right will not constitute a waiver to exercise this right at a later date should the Borrower remain in default or subsequently default again in the future.

Power of Sale. If at any time the Borrower is in default under this Deed, the Lender will have the right and authority to foreclose and force the sale of the Property without any judicial proceeding. Any delay in the exercising of this right will not constitute a waiver to exercise this right at a later date should the Borrower remain in default or subsequently default again in the future.any

Power of Sale. If at any time the Borrower is in default A power of sale has been granted under this Deed, . A power of sale may allow the Lender will have the right and authority to foreclose and force the sale of take the Property and sell it without any judicial proceedinggoing to court in a foreclosure action upon default by the Borrower under this Deed. Any delay in the exercising of this right will not constitute a waiver to exercise this right at a later date should the Borrower remain in default or subsequently default again in the future.