Common use of Releases, Extensions, Modifications and Additional Security Clause in Contracts

Releases, Extensions, Modifications and Additional Security. From time to time, Mortgagee may perform any of the following acts without incurring any liability or giving notice to any person: (a) Release any person liable for payment of any Secured Obligation; (b) Extend the time for payment, or otherwise alter the terms of payment, of any Secured Obligation; (c) Accept additional real or personal property of any kind as security for any Secured Obligation, whether evidenced by deeds of trust, mortgages, security agreements or any other instruments of security; (d) Alter, substitute or release any property securing the Secured Obligations; (e) Consent to the making of any plat or map of the Property or any part of it; (f) Join in granting any easement or creating any restriction affecting the Property; or (g) Join in any subordination or other agreement affecting this Mortgage or the lien of it; or (h) Release the Property or any part of it.

Appears in 5 contracts

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Innovative Food Holdings Inc), Mortgage, Assignment of Rents, Security Agreement and Fixture Filing (CNL Healthcare Properties II, Inc.), Credit Agreement (Inland Western Retail Real Estate Trust Inc)

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Releases, Extensions, Modifications and Additional Security. From time to time, Mortgagee may perform any of the following acts without incurring any liability or giving notice to any person: (a) Release any person liable for payment of any the Secured ObligationObligations; (b) Extend the time for payment, or otherwise alter the terms of payment, of any the Secured ObligationObligations; (c) Accept additional real or personal property of any kind as security for any the Secured ObligationObligations, whether evidenced by deeds of trust, mortgages, security agreements or any other instruments of security; (d) Alter, substitute or release any property securing the Secured Obligations; (e) Consent to the making of any plat or map of the Property or any part of it; (f) Join in granting any easement or creating any restriction affecting the Property; or (g) Join in any subordination or other agreement affecting this Mortgage or the lien of it; or (h) Release the Property or any part of it.

Appears in 5 contracts

Samples: Open End Mortgage, Assignment of Rents, Security Agreement and Fixture Filing (Grubb & Ellis Healthcare REIT II, Inc.), Open End Mortgage, Assignment of Rents, Security Agreement (Grubb & Ellis Healthcare REIT II, Inc.), Open End Mortgage, Assignment of Rents, Security Agreement (Grubb & Ellis Healthcare REIT II, Inc.)

Releases, Extensions, Modifications and Additional Security. From time to time, Mortgagee may perform any of the following acts without incurring any liability or giving notice to any person: (a) Release any person liable for payment of any Secured Obligation; (b) Extend the time for payment, or otherwise alter the terms of payment, of any Secured Obligation; (c) Accept additional real or personal property of any kind as security for any Secured Obligation, whether evidenced by deeds of trust, mortgages, security agreements or any other instruments of security; (d) Alter, substitute or release any property securing the Secured Obligations; (e) Consent to the making of any plat or map of the Property or any part of it; (f) Join in granting any easement or creating any restriction affecting the Property; or; (g) Join in any subordination or other agreement affecting this Mortgage or the lien of it; or (h) Release the Property or any part of it.

Appears in 4 contracts

Samples: Credit Agreement (Glimcher Realty Trust), Mortgage, Assignment of Rents, Security Agreement and Fixture Filing (TNP Strategic Retail Trust, Inc.), Credit Agreement (Glimcher Realty Trust)

Releases, Extensions, Modifications and Additional Security. From time to time, Mortgagee may perform any of the following acts without incurring any liability or giving notice to any person: (a) Release any person Person liable for payment of any Secured Obligation; (b) Extend the time for payment, or otherwise alter the terms of payment, of any Secured Obligation; (c) Accept additional real or personal property of any kind as security for any Secured Obligation, whether evidenced by deeds of trust, mortgages, security agreements or any other instruments of security; (d) Alter, substitute or release any property securing the Secured Obligations; (e) Consent to the making of any plat or map of the Property or any part of it; (f) Join in granting any easement or creating any restriction affecting the Property; or (g) Join in any subordination or other agreement affecting this Mortgage or the lien of it; or (h) Release the Property or any part of it.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Epr Properties), Purchase and Sale Agreement (CNL Lifestyle Properties Inc)

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Releases, Extensions, Modifications and Additional Security. From time to time, Mortgagee Lender may perform any of the following acts without incurring any liability or giving notice to any person: : (a) Release release any person liable for payment of any Secured Obligation; ; (b) Extend extend the time for payment, or otherwise alter the terms of payment, of any Secured Obligation; ; (c) Accept accept additional real or personal property of any kind as security for any Secured Obligation, whether evidenced by deeds of trust, mortgages, security agreements or any other instruments of security; ; (d) Alteralter, substitute or release any property securing the Secured Obligations; ; (e) Consent consent to the making of any plat or map of the Property or any part of it; ; (f) Join join in granting any easement or creating any restriction affecting the Property; or or (g) Join join in any subordination or other agreement affecting this Mortgage Deed of Trust or the lien of it; or (h) Release the Property or any part of created by it.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement, and Financing Statement (Medbox, Inc.)

Releases, Extensions, Modifications and Additional Security. From time to time, Mortgagee may perform any of the following acts without incurring any liability or giving notice to any person: (ai) Release any person liable for payment of any Secured Obligation; (bii) Extend the time for payment, or otherwise alter the terms of payment, of any Secured Obligation; (ciii) Accept additional real or personal property of any kind as security for any Secured Obligation, whether evidenced by deeds of trust, mortgages, security agreements or any other instruments of security; (div) Alter, substitute or release any property securing the Secured Obligations; (ev) Consent to the making of any plat or map of the Property or any part of it; (fvi) Join in granting any easement or creating any restriction affecting the Property; or; (gvii) Join in any subordination or other agreement affecting this Mortgage or the lien of it; or (hviii) Release the Property or any part of it.

Appears in 1 contract

Samples: Credit Agreement (Glimcher Realty Trust)

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