Common use of PROTECTION OF LENDER'S SECURITY Clause in Contracts

PROTECTION OF LENDER'S SECURITY. At any time after default hereunder, the Lender is authorized, without notice and in its sole discretion, to enter upon and take possession of the Property or any part thereof and to perform any acts which the Lender deems necessary or proper to conserve the security herein intended to be provided by the Property, to operate any business or businesses conducted thereon and to collect and receive all rents, issues and profits thereof and therefrom, including those past due as well as those accruing thereafter.

Appears in 4 contracts

Samples: Deed to Secure Debt and Security Agreement (Roberts Realty Investors Inc), Deed to Secure Debt and Security Agreement (Roberts Realty Investors Inc), Deed to Secure Debt and Security Agreement (Roberts Realty Investors Inc)

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PROTECTION OF LENDER'S SECURITY. At any time after default hereunder, the Lender Lender, or Lender’s agents or contractors, is authorized, without notice and in its Lender’s sole discretion, to enter upon and take possession of the Property or any part thereof thereof, and to perform any acts which the Lender deems necessary or proper to conserve the security interest herein intended to be provided by the Property, to operate any business or businesses conducted thereon thereon, and to collect and receive all rents, issues and profits Rents thereof and therefrom, including those past due as well as those accruing thereafter.

Appears in 2 contracts

Samples: Mortgage Modification and Amended and Restated Mortgage and Security Agreement (Inland Western Retail Real Estate Trust Inc), Assumption and Ratification of Mortgage and Security Agreement (Inland American Real Estate Trust, Inc.)

PROTECTION OF LENDER'S SECURITY. At any time after default hereunder, the Lender Lender, or Lender's agents or contractors, is authorized, without notice and in its Lender's sole discretion, to enter upon and take possession of the Property or any part thereof thereof, and to perform any acts which the Lender deems necessary or proper to conserve the security interest herein intended to be provided by the Property, to operate any business or businesses conducted thereon thereon, and to collect and receive all rents, issues and profits Rents thereof and therefrom, including those past due as well as those accruing thereafter.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (Agree Realty Corp), Deed of Trust and Security Agreement (Agree Realty Corp)

PROTECTION OF LENDER'S SECURITY. At any time after default hereunder, the Lender is authorized, without notice and in its sole discretion, to enter upon and take possession of the Property or any part thereof and to perform any acts which the Lender deems necessary or proper to conserve the security herein intended to be provided by the Property, to operate any business or businesses conducted thereon and to collect and receive all rents, issues and profits thereof and therefrom, including those past due as well as those accruing thereafter.

Appears in 1 contract

Samples: Mortgage Modification and Security Agreement (Agree Realty Corp)

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PROTECTION OF LENDER'S SECURITY. At any time after default hereunder, the hereunder Lender is authorized, without notice and in its sole discretion, to enter upon and take possession of the Property or any part thereof and to perform any acts which the Lender deems necessary or proper to conserve the security herein intended to be provided by the Property, to operate any business or businesses conducted thereon and to collect and receive all rents, issues and profits thereof and therefrom, including those past due as well as those accruing thereafter.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Rock of Ages Corp)

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