Common use of Sale of Mortgaged Property Clause in Contracts

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.

Appears in 10 contracts

Samples: Term Loan Agreement (Acadia Realty Trust), Loan Agreement (Acadia Realty Trust), Purchase and Sale Agreement (New York Times Co)

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Sale of Mortgaged Property. If this Mortgage is foreclosed, the Mortgaged Property, or any interest therein, may, at the discretion of the Mortgagee, be sold in one or more parcels or in several interests or portions and in any order or manner.

Appears in 6 contracts

Samples: Mortgage, Security Agreement and Assignment of Leases and Rents, Leasehold Mortgage and Security Agreement (Chefs' Warehouse, Inc.), Mortgage, Security Agreement and Assignment of Leases and Rents

Sale of Mortgaged Property. If this Mortgage is foreclosedforeclosed or if the Mortgaged Property is sold pursuant to the exercise of a power of sale, the Mortgaged Property, or any interest therein, may, 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.

Appears in 2 contracts

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

Sale of Mortgaged Property. If this Mortgage is foreclosed, the Mortgaged Property, or any interest therein, may, at the discretion of the Collateral Agent, on behalf of the Mortgagee, be sold in one or more parcels or in several interests or portions and in any order or manner.

Appears in 2 contracts

Samples: Mortgage, Security Agreement and Assignment of Leases and Rents (Nexmed Inc), Mortgage, Security Agreement and Assignment of Leases and Rents (Nexmed Inc)

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Sale of Mortgaged Property. If this Mortgage is foreclosed, the -------------------------- Mortgaged Property, or any interest therein, may, at the discretion of the Mortgagee, be sold in one or more parcels or in several interests or portions and in any order or manner.

Appears in 1 contract

Samples: Settlement Agreement (Unigene Laboratories Inc)

Sale of Mortgaged Property. If this Mortgage is foreclosed, the Mortgaged Property, or any interest therein, may, 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.

Appears in 1 contract

Samples: Open End Mortgage Deed and Security Agreement

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