Restoration of Rights. In case Lender shall have proceeded to enforce any right under this Security Instrument by foreclosure sale, entry or otherwise, and such proceedings shall have been discontinued or abandoned for any reason or shall have been determined adversely, then, in every such case, Borrower and Lender shall be restored to their former positions and rights hereunder with respect to the Property subject to the lien hereof.
Appears in 25 contracts
Samples: Mortgage, Security Agreement, Assignment of Rents and Fixture Filing (Ashford Hospitality Trust Inc), Loan and Security Agreement (Etre Reit, LLC), Open End Mortgage, Security Agreement, Financing Statement and Assignment of Rents (Ashford Hospitality Prime, Inc.)
Restoration of Rights. In case Lender shall have proceeded to enforce any right under this Security Instrument by foreclosure sale, entry or otherwise, Agreement and such proceedings shall have been discontinued or abandoned for any reason or shall have been determined adversely, then, in every such case, Borrower and Lender shall be restored to their former positions and rights hereunder with respect to the Property Collateral subject to the lien hereof.
Appears in 16 contracts
Samples: Loan and Security Agreement (Ashford Hospitality Trust Inc), Loan and Security Agreement (Ashford Hospitality Trust Inc), Loan and Security Agreement (Morgans Hotel Group Co.)
Restoration of Rights. In case Lender shall have proceeded to enforce any right under this Security Instrument Agreement by foreclosure sale, entry or otherwise, and such proceedings shall have been discontinued or abandoned for any reason or shall have been determined adversely, then, in every such case, Borrower and Lender shall be restored to their former positions and rights hereunder with respect to the Property Projects subject to the lien hereof.
Appears in 3 contracts
Samples: Loan Agreement (Mack Cali Realty L P), Loan Agreement (Mack Cali Realty Corp), Loan Agreement (Mack Cali Realty Corp)
Restoration of Rights. In case Lender shall have proceeded to enforce any right under this Security Instrument by foreclosure sale, entry or otherwise, and such proceedings shall have been discontinued or abandoned for any reason or shall have been determined adversely, then, in every such case, Borrower Mortgagor and Lender shall be restored to their former positions and rights hereunder with respect to the Property subject to the lien hereof.
Appears in 2 contracts
Samples: Mortgage and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Mortgage and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)
Restoration of Rights. In case Lender shall have proceeded to enforce any right under this Security Instrument by foreclosure sale, entry or otherwise, Agreement and such proceedings shall have been discontinued or abandoned for any reason or shall have been determined adverselyadversely (except in the case of a final determination or order of a court of competent jurisdiction), then, in every such case, Borrower and Lender shall be restored to their former positions and rights hereunder with respect to the Property Collateral subject to the lien Security Interest hereof.
Appears in 1 contract
Restoration of Rights. In case Lender shall have proceeded to enforce any right under this Security Instrument any Loan Document by foreclosure sale, entry or otherwise, and such proceedings shall have been discontinued or abandoned for any reason or shall have been determined adverselyadversely to Lender, then, in every such case, Borrower Borrower, Indemnitor and Lender shall be restored to their former positions and rights hereunder with respect to the Property subject to the lien hereofthereunder.
Appears in 1 contract
Restoration of Rights. In case Lender shall have proceeded to enforce any right under this Security Instrument by foreclosure sale, entry or otherwise, and such proceedings shall have been discontinued or abandoned for any reason or shall have been determined adversely, then, in every such case, Borrower and Lender shall be restored to their former positions and rights hereunder with respect to the Property subject to the lien hereof.. 103
Appears in 1 contract
Samples: Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing (Pebblebrook Hotel Trust)
Restoration of Rights. In case Lender shall have proceeded to enforce any right under this Security Instrument by foreclosure sale, entry or otherwise, and such proceedings shall have been discontinued or abandoned for any reason or shall have been determined adversely, then, in every such case, Borrower Grantor and Lender shall be restored to their former positions and rights hereunder with respect to the Property subject to the lien hereof.
Appears in 1 contract
Samples: Mortgage, Security Agreement, Assignment of Rents and Fixture Filing (RLJ Lodging Trust)
