Powers of Mortgagee. Mortgagee may, without affecting the personal liability of any person for payment of any indebtedness or performance of any obligations secured hereby and without liability therefor and without notice: (a) release all or any part of the Subject Property; (b) consent to the making of any map or plat thereof; and (c) join in any grant of easement thereon, any declaration of covenants and restrictions, or any extension agreement or any agreement subordinating the lien or charge of this Mortgage.
Appears in 4 contracts
Samples: Security Agreement and Fixture Filing (KBS Real Estate Investment Trust, Inc.), Security Agreement and Fixture Filing (KBS Real Estate Investment Trust, Inc.), KBS Real Estate Investment Trust II, Inc.
Powers of Mortgagee. Mortgagee may, without affecting the personal liability of any person for payment of any indebtedness or performance of any obligations secured hereby and without liability therefor and without notice: (a) release all or any part of the Subject Property; (b) consent to the making of any map or plat thereof; and (c) join in any grant of easement thereon, any declaration of covenants and restrictions, or any extension agreement or any agreement subordinating the lien or charge of this Mortgage.. Loan No. 1002012
Appears in 1 contract
Samples: Security Agreement and Fixture Filing (KBS Real Estate Investment Trust II, Inc.)
