Common use of Remedies of Mortgagor Clause in Contracts

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor’s remedies shall be limited to injunctive relief or declaratory judgment.

Appears in 14 contracts

Samples: Third Open End Mortgage Deed, Assignment of Leases and Rents, Security Agreement and Fixture Filing (GTJ REIT, Inc.), Open End Mortgage Deed, Assignment of Leases and Rents, Security Agreement and Fixture Filing (GTJ REIT, Inc.), Mortgage, Assignment of Leases and Rents and Security Agreement (GTJ REIT, Inc.)

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Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor’s 's remedies shall be limited to injunctive relief or declaratory judgment.

Appears in 14 contracts

Samples: Mortgage (Ramco Gershenson Properties Trust), Mortgage, Assignment of Leases and Rents and Security Agreement (Ridgewood Properties Inc), Open End Leasehold Mortgage (HRPT Properties Trust)

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor’s Xxxxxxxxx's remedies shall be limited to injunctive relief or declaratory judgment.

Appears in 4 contracts

Samples: Deed of Trust (First Potomac Realty Trust), Mortgage, Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Concord Milestone Plus L P), Deed of Trust (Concord Milestone Plus L P)

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Other Security Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor’s 's remedies shall be limited to injunctive relief or declaratory judgment.

Appears in 4 contracts

Samples: Open End Mortgage Deed and Security Agreement, First Mortgage and Security Agreement (Century Properties Fund Xvi), First Mortgage and Security Agreement (Century Properties Fund Xii)

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, Documents it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor’s 's remedies shall be limited to injunctive relief or declaratory judgment.

Appears in 3 contracts

Samples: Mortgage, Assignment of Leases and Rents and Security Agreement (Glimcher Realty Trust), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Financing Statement (Glimcher Realty Trust), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Financing Statement (Glimcher Realty Trust)

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or any of the other Loan Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor’s 's remedies shall be limited to injunctive relief or declaratory judgment.

Appears in 2 contracts

Samples: Mortgage, Assignment of Leases and Rents and Security Agreement (Cedar Income Fund LTD /Md/), Mortgage, Assignment of Leases and Rents and Security Agreement (Wellington Properties Trust)

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Credit Facility Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor’s 's remedies shall be limited to injunctive relief or declaratory judgment.

Appears in 1 contract

Samples: Mortgage, Security Agreement and Assignment of Leases and Rents (Mack Cali Realty Corp)

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor’s 's remedies shall be limited to injunctive relief or declaratory judgment.. Loan No. 6518291

Appears in 1 contract

Samples: Mortgage, Assignment of Leases and Rents and Security Agreement (Inland Western Retail Real Estate Trust Inc)

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and MortgagorXxxxxxxxx’s remedies shall be limited to injunctive relief or declaratory judgment.

Appears in 1 contract

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Prime Group Realty Trust)

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor’s 's remedies shall be limited to injunctive relief or declaratory judgment.

Appears in 1 contract

Samples: Mortgage, Security Agreement, Assignment of Rents and Fixture Filing (Mills Corp)

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Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or its agents have unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, it Mortgagee or such agent, as the case may be, has an obligation to act reasonably or promptly, Mortgagor agrees that none of Mortgagee or its agents shall not be liable for any monetary damages, and Mortgagor’s remedies shall be limited to injunctive relief or declaratory judgment.for

Appears in 1 contract

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Echelon International Corp)

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under this Agreement, the Note, this the Mortgage or the other Loan Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor’s 's remedies shall be limited to injunctive relief or declaratory judgment.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Showboat Inc)

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor’s Xxxxxxxxx's remedies shall be limited to injunctive relief or declaratory judgment.

Appears in 1 contract

Samples: Deed of Trust (First Potomac Realty Trust)

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor’s Mxxxxxxxx's remedies shall be limited to injunctive relief or declaratory judgment.

Appears in 1 contract

Samples: Mortgage, Security Agreement, Assignment of Rents and Fixture Filing (Motels of America Inc)

Remedies of Mortgagor. In the event that a claim or adjudication is --------------------- made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor’s 's remedies shall be limited to injunctive relief or declaratory judgment.

Appears in 1 contract

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Ventas Inc)

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor’s 's remedies shall be limited to injunctive relief or declaratory judgment.. Loan No. 6518370

Appears in 1 contract

Samples: Mortgage (Inland Western Retail Real Estate Trust Inc)

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