Common use of Resort to Any Security Clause in Contracts

Resort to Any Security. Noteholder may resort to any security given by this Mortgage or to any other security now existing or hereafter given to secure the payment of the Indebtedness, in whole or in part, and in such portions and in such order as may seem best to Noteholder in its sole and absolute discretion, and any such action shall not in any way be considered as a waiver of any of the rights, benefits, liens or security interests evidenced by this Mortgage.

Appears in 2 contracts

Samples: Deed of Trust, Security Agreement and Assignment of Rents and Leases (International Isotopes Inc), Deed of Trust, Security Agreement and Assignment of Rents and Leases (Independent Research Agency for Life Insurance Inc)

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Resort to Any Security. Noteholder may resort to any security given by this Mortgage or to any other security now existing or hereafter given to secure the payment of the Indebtedness, in whole or in part, and in such portions and in such order as may seem best to Noteholder in its sole and absolute uncontrolled discretion, and any such action shall not in any way anywise be considered as a waiver of any of the rights, benefits, liens or security interests evidenced by this Mortgage.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement and Assignment of Rents and Leases (Newmark Homes Corp)

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Resort to Any Security. The Noteholder may resort to any security given by this Mortgage or to any other security now existing or hereafter given to secure the payment of the Indebtednesssecured indebtedness, in whole or in part, and in such portions and in such order as may seem best to the Noteholder in its sole and absolute uncontrolled discretion, and any such action shall not in any way anywise be considered as a waiver of any of the rights, benefits, liens or security interests evidenced by this Mortgage.

Appears in 1 contract

Samples: Deed of Trust, Mortgage and Security Agreement (Emeritus Corp\wa\)

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