Sale of Mortgaged Property. If this Mortgage is foreclosed, the Mortgaged Property, or any interest therein, may, at the discretion of Mortgagee, be sold in one or more parcels or in several interests or portions and in any order or manner.
Sale of Mortgaged Property. In the event Grantor or any of Grantor’s successors conveys any interest in the Mortgaged Property, or in any part thereof, to any other party, Beneficiary may, without notice to Grantor or Grantor’s successors, deal with any owner of any part of the Mortgaged Property with reference to this Deed of Trust and the Obligation, either by way of forbearance on the part of Beneficiary, or extension of time of payment of the Obligation, or release of all or any part of the Mortgaged Property, or any other property securing payment and performance of the Obligation, without in any way modifying or affecting Beneficiary’s rights and liens hereunder or the liability of Grantor or any other party liable for payment and performance of the Obligation, in whole or in part; provided, that no action taken or omitted to be taken by Beneficiary under this Section 6.4 shall be deemed a waiver of any default occurring by reason of any such conveyance.
Sale of Mortgaged Property. Sell for cash or upon credit the Mortgaged Property or any part thereof and all estate, claim, demand, right, title and interest of Mortgagor therein and rights of redemption thereof, pursuant to the power of sale contained herein or otherwise, at one or more sales, as an entirety or in parcels, at such time and place, upon such terms and after such notice thereof as may be required or permitted by law.
Sale of Mortgaged Property. Cause the Mortgaged Property, and all estate, right, title, interest, claim and demand therein, or any part thereof to be sold as follows:
Sale of Mortgaged Property if Event of Default Occurs; ------------------------------------------------------ Proceeds of Sale. ----------------
Sale of Mortgaged Property. With respect to the Mortgaged Property located in the State of New Mexico, the rights and remedies provided under XXXX 0000, § 39-5-1 to § 39- 5-23 and XXXX 0000, § 55-9-601 et seq. shall apply.
Sale of Mortgaged Property. Etc. Mortgagor shall not sell, assign, give, mortgage, pledge, hypothecate, encumber, lease or otherwise transfer the Mortgaged Property, or any part thereof or interest therein, voluntarily or involuntarily, without Mortgagee's prior written consent, except in accordance with the terms and conditions of the Revolving Line of Credit Loan Agreement and the Revolving Line of Credit Note executed contemporaneously herewith.
Sale of Mortgaged Property. Mortgagee may sell the Mortgaged Property and all estate, right, title and interest, claim and demand therein, and right of redemption thereof, at one or more sales as an entity or in parcels, in such manner, at such time and place, for such price and upon such other terms and after such notice thereof as Mortgagee may in its sole discretion determine, or as may be required by law. Mortgagee may from time to time adjourn any such sale by announcement at the time and place appointed for such sale, as same may previously have been adjourned.
Sale of Mortgaged Property. Section 7.6 of the Credit Agreement is hereby modified to add the following Section 7.6(J):
Sale of Mortgaged Property. Beneficiary shall, at its option, have the right to effect a trustee's sale of the Mortgaged Property in whole or in part in lieu of judicial foreclosure. Beneficiary may instruct the Trustee to sell such portion of the Mortgaged Property not theretofore released from the lien of this Instrument as one parcel in its entirety or in any part thereof, either in mass or in parcels, at public vendue, to the highest bidder for cash in the county in which the Mortgaged Property is situated, first giving notice of the time and place of sale, and a description of the property to be sold, by advertisement published as provided by the laws of the State. The Trustee shall deliver to the purchaser at any such trustee's sale its deed, without warranty, which shall convey to the purchaser the interest in the property which the Trustor has or has the power to convey at the time of the execution of this or hereafter. The Trustee's deed shall recite the facts showing that the sale was conducted in compliance with all the requirements of law and of this Instrument, which recital shall be prima facie evidence of such compliance and conclusive evidence thereof in favor of bona fide purchasers and encumbrances for value.
