Common use of Suits to Protect the Mortgaged Property Clause in Contracts

Suits to Protect the Mortgaged Property. Lender shall have the power (a) to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Mortgaged Property by any acts which may be unlawful or any violation of this Mortgage, (b) to preserve or protect its interest in the Mortgaged Property and in the rents, issues, profits and revenues arising therefrom, and (c) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of Xxxxxx.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Suits to Protect the Mortgaged Property. Lender shall have the power (a) to institute and maintain such suits and proceedings as it may deem expedient (i) to prevent any impairment of the Mortgaged Property by any acts which may be unlawful or any violation constitute an Event of Default under this Mortgage, Security Instrument; (bii) to preserve or protect its interest in the Mortgaged Property and in the rents, issues, profits and revenues Rents arising therefrom, ; and (ciii) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would materially impair the security hereunder or be prejudicial to the interest of XxxxxxLender.

Appears in 2 contracts

Samples: Deed to Secure Debt and Security Agreement (CNL Healthcare Trust, Inc.), Mortgage and Security Agreement (CNL Healthcare Trust, Inc.)

Suits to Protect the Mortgaged Property. Lender shall have the power (a) to institute and maintain to maintain, at Mortgagor’s cost and expense, such suits and proceedings as it Lender may reasonably deem expedient to prevent any impairment of the Mortgaged Property by any acts which may be unlawful or any in violation of this Mortgage, (b) Mortgage or to preserve or protect its interest the interests of Lender in the Mortgaged Property Property, including power to institute and in the rents, issues, profits and revenues arising therefrom, and (c) maintain suits or proceedings to restrain the enforcement of or compliance with any legislation legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of of, or compliance with with, such enactment, rule or order would impair the security hereunder or be prejudicial to the interest interests of XxxxxxLender.

Appears in 2 contracts

Samples: Aircraft Mortgage and Security Agreement, Aircraft Mortgage and Security Agreement (William Lyon Homes)

Suits to Protect the Mortgaged Property. Lender shall have the power (a) to institute and maintain such suits and proceedings as it may deem expedient (i) to prevent any impairment of the Mortgaged Property by any acts which may be unlawful or any violation constitute an Event of Default under this MortgageSecurity Deed, (bii) to preserve or protect its interest in the Mortgaged Property and in the rents, issues, profits Leases and revenues Rents arising therefrom, and (ciii) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of XxxxxxLender.

Appears in 2 contracts

Samples: Deed to Secure Debt, Security Agreement and Assignment of Leases and Rents (Roberts Realty Investors Inc), Deed to Secure Debt, Security Agreement and Assignment of Leases and Rents (Roberts Realty Investors Inc)

Suits to Protect the Mortgaged Property. The Lender shall have the power (a) to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Mortgaged Property by any acts which may be unlawful or any in violation of this Mortgage, ; (b) to preserve or protect its interest in the Mortgaged Property and in the rentsincome, issuesrevenues, rents and profits and revenues arising therefrom, ; and (c) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of Xxxxxxthe Lender.

Appears in 2 contracts

Samples: Loan Agreement (Westwater Resources, Inc.), Future Advance Mortgage, Assignment of Rents and Leases and Security Agreement (Westwater Resources, Inc.)

Suits to Protect the Mortgaged Property. Lender During the continuance of an Event of Default, the Mortgagee shall have the power (a) to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Mortgaged Property by any acts which may be unlawful or any in violation of this Mortgage, (b) to preserve or protect its interest in the Mortgaged Property and in the rents, issues, profits and revenues Rents arising therefrom, therefrom and (c) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalidinvalid if the enforcement of or compliance with such enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of Xxxxxxthe Mortgagee hereunder.

Appears in 1 contract

Samples: Credit Agreement (Orion Power Holdings Inc)

Suits to Protect the Mortgaged Property. Lender Beneficiary shall have the power (a) to institute and maintain such suits and proceedings as it may deem expedient (i) to prevent any impairment of the Mortgaged Property by any acts which may be unlawful or any violation constitute an Event of Default under this Mortgage, Security Instrument ; (bii) to preserve or protect its interest in the Mortgaged Property and in the rents, issues, profits and revenues Rents arising therefrom, ; and (ciii) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would materially impair the security hereunder or be prejudicial to the interest of XxxxxxBeneficiary.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Arv Assisted Living Inc)

Suits to Protect the Mortgaged Property. Lender If an Event of Default shall have occurred and is continuing, the Mortgagee shall have power (a) to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Mortgaged Property by any acts which may be unlawful or any violation of this Mortgage, (b) to preserve or protect its interest in the Mortgaged Property and in the income, revenues, rents, issues, and profits and revenues arising therefrom, and (c) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule rule, or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of Xxxxxxthe Mortgagee.

Appears in 1 contract

Samples: Term Loan Agreement (LSB Industries Inc)

Suits to Protect the Mortgaged Property. Lender Beneficiary shall have the power (a) to institute and maintain such suits and proceedings as it may deem expedient (i) to prevent any impairment of the Mortgaged Property by any acts which may be unlawful or any violation constitute an Event of Default under this Mortgage, Security Instrument; (bii) to preserve or protect its interest in the Mortgaged Property and in the rents, issues, profits and revenues Rents arising therefrom, ; and (ciii) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would materially impair the security hereunder or be prejudicial to the interest of XxxxxxBeneficiary.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Arv Assisted Living Inc)

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Suits to Protect the Mortgaged Property. The Lender shall have the power (a) to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Mortgaged Property by any acts which may be unlawful or any in violation of this Mortgage, ; (b) to preserve or protect its interest in the Mortgaged Property and in the rentsincome, issuesrevenues, rents and profits and revenues arising therefrom, ; and (c) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with with, such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of Xxxxxxthe Lender.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Ark Restaurants Corp)

Suits to Protect the Mortgaged Property. Lender The Mortgagee shall have the power (a) to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Mortgaged Property by any acts which may be unlawful or any violation of this the Mortgage, (b) to preserve or protect its interest in the Mortgaged Mortgage Property and in the rentsincome, issuesrevenues, rents and profits and revenues arising therefrom, therefrom and (c) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of Xxxxxxthe Mortgagee.

Appears in 1 contract

Samples: Renewal Mortgage Note (Marriott Hotel Properties LTD Partnership)

Suits to Protect the Mortgaged Property. Lender Mortgagee shall have the power (a) upon the occurrence and during the continuance of an Event of Default, to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Mortgaged Property by any acts which that may be unlawful or any in violation of this Mortgage, (b) to preserve or protect its interest in the Mortgaged Property and in the rents, issues, profits and revenues Rents arising therefrom, therefrom and (c) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, invalid if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of XxxxxxMortgagee hereunder.

Appears in 1 contract

Samples: Credit Agreement (Rockwood Specialties Group Inc)

Suits to Protect the Mortgaged Property. Lender Beneficiary shall have the power (a) to institute and maintain such suits and proceedings as it may deem expedient to prevent any material impairment of the Mortgaged Property by any acts which may be unlawful or any violation of this MortgageTrust Deed, (b) to preserve or protect its interest in the Mortgaged Property and in the income, revenues, rents, issues, and profits and revenues arising therefrom, and (c) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule rule, or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would materially impair the security hereunder or be materially prejudicial to the interest of XxxxxxBeneficiary.

Appears in 1 contract

Samples: Credit Agreement (Longview Fibre Co)

Suits to Protect the Mortgaged Property. Lender shall have the power (a) to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Mortgaged Property by any acts which may be unlawful or any violation of this the Mortgage, ; (b) to preserve or protect its interest in the Mortgaged Property and in the rentsincome, issuesrevenues, rents and profits and revenues arising therefrom, ; and (c) to restrain the enforcement of or compliance with any legislation or other governmental government enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with with, such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of XxxxxxLender.

Appears in 1 contract

Samples: Real Estate Mortgage (Miscor Group, Ltd.)

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