Common use of State Statutes Clause in Contracts

State Statutes. Beneficiary may exercise all rights and -------------- remedies under the statutes in the State where the Premises are located, subject to the following: (a) if any provision in this Deed of Trust is inconsistent with any applicable statute in the State where the Premises are located, such statute shall take precedence over the provisions of this Deed of Trust, but shall not invalidate or render unenforceable any other provision of this Deed of Trust that can be construed in a manner consistent with such statute; and (b) if any provision of this Deed of Trust shall grant to Beneficiary any rights or remedies upon default of Trustor which are more limited than the rights that otherwise would be vested in Beneficiary under such statute in the absence of such provision, Beneficiary shall be vested with the rights granted in such statute to the full extent permitted by law. Without limiting the generality of the foregoing, all expenses incurred by Beneficiary to the extent reimbursable under such statute, whether incurred before or after any decrees or judgment of foreclosure or any trustee's sale, and whether or not provided for elsewhere in this Deed of Trust, shall be added to Trustor's Obligations or to the judgment of foreclosure, as described more fully in Section 11.4.

State Statutes. Beneficiary Mortgagee may exercise all rights and -------------- remedies under the statutes in the State where the Premises are located, subject to the following: (a) if any provision in this Deed of Trust Mortgage is inconsistent with any applicable statute in the State where the Premises are located, such statute shall take precedence over the provisions of this Deed of TrustMortgage, but shall not invalidate or render unenforceable any other provision of this Deed of Trust Mortgage that can be construed in a manner consistent with such statute; and (b) if any provision of this Deed of Trust Mortgage shall grant to Beneficiary Mortgagee any rights or remedies upon default of Trustor Mortgagor which are more limited than the rights that otherwise would be vested in Beneficiary Mortgagee under such statute in the absence of such provision, Beneficiary Mortgagee shall be vested with the rights granted in such statute to the full extent permitted by law. Without limiting the generality of the foregoing, all expenses incurred by Beneficiary Mortgagee to the extent reimbursable under such statute, whether incurred before or after any decrees or judgment of foreclosure or any trustee's saleforeclosure, and whether or not provided for elsewhere in this Deed of TrustMortgage, shall be added to TrustorXxxxxxxxx's Obligations or to the judgment of foreclosure, as described more fully in Section 11.411.3.

State Statutes. Beneficiary Mortgagee may exercise all rights and -------------- remedies under the statutes in the State where the Premises are located, subject to the following: (a) if any provision in this Deed of Trust Mortgage is inconsistent with any applicable statute in the State where the Premises are located, such statute shall take precedence over the provisions of this Deed of TrustMortgage, but shall not invalidate or render unenforceable any other provision of this Deed of Trust Mortgage that can be construed in a manner consistent with such statute; and (b) if any provision of this Deed of Trust Mortgage shall grant to Beneficiary Mortgagee any rights or remedies upon default of Trustor Mortgagor which are more limited than the rights that otherwise would be vested in Beneficiary Mortgagee under such statute in the absence of such provision, Beneficiary Mortgagee shall be vested with the rights granted in such statute to the full extent permitted by law. Without limiting the generality of the foregoing, all expenses incurred by Beneficiary Mortgagee to the extent reimbursable under such statute, whether incurred before or after any decrees or judgment of foreclosure or any trustee's saleforeclosure, and whether or not provided for elsewhere in this Deed of TrustMortgage, shall be added to TrustorMortgagor's Obligations or to the judgment of foreclosure, as described more fully in Section 11.412.2.11.

State Statutes. Beneficiary Mortgagee may exercise all rights and remedies -------------- remedies under the statutes in the State where the Premises are located, subject to the following: (a) if any provision in this Deed of Trust Mortgage is inconsistent with any applicable statute in the State where the Premises are located, such statute shall take precedence over the provisions of this Deed of TrustMortgage, but shall not invalidate or render unenforceable any other provision of this Deed of Trust Mortgage that can be construed in a manner consistent with such statute; and (b) if any provision of this Deed of Trust Mortgage shall grant to Beneficiary Mortgagee any rights or remedies upon default of Trustor Mortgagor which are more limited than the rights that otherwise would be vested in Beneficiary Mortgagee under such statute in the absence of such provision, Beneficiary Mortgagee shall be vested with the rights granted in such statute to the full extent permitted by law. Without limiting the generality of the foregoing, all expenses incurred by Beneficiary Mortgagee to the extent reimbursable under such statute, whether incurred before or after any decrees or judgment of foreclosure or any trustee's saleforeclosure, and whether or not provided for elsewhere in this Deed of TrustMortgage, shall be added to TrustorMortgagor's Obligations or to the judgment of foreclosure, as described more fully in Section 11.4.