Common use of RECOVERY OF SUMS REQUIRED TO BE PAID Clause in Contracts

RECOVERY OF SUMS REQUIRED TO BE PAID. Beneficiary shall have the right from time to time to take action to recover any sum or sums which constitute a part of the Obligations as the same become due and owing, without regard to whether or not the balance of the Obligations shall be due, and without prejudice to the right of Beneficiary thereafter to bring an action of foreclosure, or any other action, for a default or defaults by Grantor existing at the time such earlier action was commenced.

Appears in 14 contracts

Samples: Deed of Trust (Discovery Zone Inc), Deed of Trust (Discovery Zone Inc), Deed of Trust (Discovery Zone Inc)

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RECOVERY OF SUMS REQUIRED TO BE PAID. Beneficiary shall have the right from time to time to take action to recover any sum or sums which constitute a part of the Obligations Debt as the same become due and owingdue, without regard to whether or not the balance of the Obligations Debt shall be due, and without prejudice to the right of Beneficiary or Trustee thereafter to bring an action of foreclosure, or any other action, for a default or defaults by Grantor Trustor existing at the time such earlier action was commenced.

Appears in 5 contracts

Samples: Deed of Trust (Republic Property Trust), Deed of Trust (Republic Property Trust), Deed of Trust, Assignment of Leases and Rents and Security Agreement (First Potomac Realty Trust)

RECOVERY OF SUMS REQUIRED TO BE PAID. Beneficiary shall have the right from time to time to take action to recover any sum or sums which constitute a part of the Obligations Debt as the same become due and owingpayable hereunder (after the expiration of any grace period or the giving of any notice herein provided, if any), without regard to whether or not the balance of the Obligations Debt shall be due, and without prejudice to the right of Beneficiary thereafter to bring an action of foreclosure, or any other action, for a default or defaults by Grantor existing at the time such earlier action was commenced.

Appears in 2 contracts

Samples: Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing (Prime Retail Inc), Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing (Host Funding Inc)

RECOVERY OF SUMS REQUIRED TO BE PAID. The Beneficiary shall have the right from time to time to take action to recover any sum or sums which constitute a part of the Secured Obligations as the same become due and owingdue, without regard to whether or not the balance of the Secured Obligations shall be due, and without prejudice to the right of the Beneficiary thereafter to bring an action of foreclosure, or any other action, for a default or defaults by Grantor the Borrower existing at the time such earlier action was commenced.

Appears in 1 contract

Samples: Deed of Trust (RFS Hotel Investors Inc)

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RECOVERY OF SUMS REQUIRED TO BE PAID. Beneficiary and Trustee shall have the right from time to time to take action to recover any sum or sums which constitute a part of the Obligations Debt as the same become due and owingdue, without regard to whether or not the balance of the Obligations Debt shall be due, and without prejudice to the right of Beneficiary or Trustee thereafter to bring an action of foreclosure, or any other action, or to otherwise effect a sale 29 of the Trust Property pursuant to this Deed of Trust, for a default or defaults by Grantor existing at the time such earlier action was commenced.

Appears in 1 contract

Samples: Deed of Trust (Nexthealth Inc)

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