Common use of Superior Lien Against the Property Clause in Contracts

Superior Lien Against the Property. The assertion of any claim of priority over this Mortgage, by title, lien, or otherwise in any legal, administrative, or equitable proceeding, unless such assertion be withdrawn, or effective action satisfactory to Lender commenced (and thereafter diligently prosecuted) and Lender is secured against any loss or damage therefrom, within thirty (30) days of the assertion of such claim.

Appears in 1 contract

Samples: Deed of Trust (Water Pik Technologies Inc)

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Superior Lien Against the Property. The assertion of any claim of priority over this MortgageDeed of Trust, by title, lien, or otherwise in any legal, administrative, or equitable proceeding, unless such assertion be withdrawn, or effective action satisfactory to Lender commenced (and thereafter diligently prosecuted) and Lender is secured against any loss or damage therefromthere from, within thirty (30) days of the assertion of such claim.

Appears in 1 contract

Samples: Deed of Trust (Water Pik Technologies Inc)

Superior Lien Against the Property. The assertion of any claim of priority over this MortgageDeed of Trust, by title, lien, or otherwise in any legal, administrative, or equitable proceeding, unless such assertion be withdrawn, or effective action satisfactory to Lender commenced (and thereafter diligently prosecuted) and Lender is secured against any loss or damage therefrom, within thirty (30) days of the assertion of such claim.

Appears in 1 contract

Samples: Deed of Trust (Water Pik Technologies Inc)

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Superior Lien Against the Property. The assertion of any claim of priority over this MortgageDeed of Trust, by title, lien, or otherwise in any legal, administrative, or equitable proceeding, unless such assertion be withdrawn, or effective action satisfactory to Lender commenced (and thereafter diligently prosecuted) and Lender is secured against any loss or damage therefrom, within thirty sixty (3060) days of the assertion of such claim.

Appears in 1 contract

Samples: Deed of Trust, Assignment of Leases and Rents, Security Agreement and Financing Statement (SHARING SERVICES GLOBAL Corp)

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