Common use of Rights Under Uniform Commercial Code Clause in Contracts

Rights Under Uniform Commercial Code. In addition to the rights available to a mortgagee of real property, Mortgagee shall also have all the rights, remedies and recourse available to a secured party under the Code including the right to proceed under the provisions of the Code governing default as to any Collateral which may be included in the Mortgaged Property or which may be deemed non-realty in a foreclosure of this Mortgage or to proceed as to such Collateral in accordance with the procedures and remedies available pursuant to a foreclosure of real estate.

Rights Under Uniform Commercial Code. In addition to the rights available to a mortgagee of real property, Mortgagee shall also have all the rights, remedies and recourse available to a secured party under the Uniform Commercial Code including the right to proceed under the provisions of the Uniform Commercial Code governing default as to any Collateral property which may be included in is subject to the Mortgaged Property or which may be deemed non-realty in a foreclosure of this security interest created by the Mortgage or to proceed as to such Collateral personal property in accordance with the procedures and remedies available pursuant to a foreclosure of real estate.

Rights Under Uniform Commercial Code. In addition to the rights available to a mortgagee of real property, property Mortgagee shall also have all the rights, remedies and recourse available to a secured party under the Uniform Commercial Code including the right to proceed under the provisions of the Uniform Commercial Code governing default as to any Collateral property which may be included in is subject to the Mortgaged Property or which may be deemed non-realty in a foreclosure of this security interest created by the Mortgage or to proceed as to such Collateral personal property in accordance with the procedures and remedies available pursuant to a foreclosure of real estate.

Rights Under Uniform Commercial Code. In addition to the rights available to a mortgagee of real property, Mortgagee shall also have all the rights, remedies and recourse available to a secured party under the Code including Code, including, without limitation, the right to proceed under the provisions of the Code governing default as to any Collateral property which may be included in is subject to the Mortgaged Property or which may be deemed non-realty in a foreclosure of security interest created by this Mortgage or to proceed as to such Collateral personal property in accordance with the procedures and remedies available pursuant to a foreclosure of real estate.