Common use of Waiver of Appraisement and Redemption Clause in Contracts

Waiver of Appraisement and Redemption. To the full extent Grantor may lawfully do so, Grantor agrees that Grantor will not at any time insist upon, plead, claim or take the benefit or advantage of any appraisement, valuation, stay, extension or redemption laws, now or hereafter in force, in order to prevent or hinder the enforcement of this Deed of Trust or the absolute sale of the Mortgaged Property or any part thereof, or the possession thereof by any purchaser at any such sale, but Grantor, insofar as Grantor now or hereafter may lawfully do so, hereby waives the benefit of all such laws; provided, however, that the appraisement of any of the Mortgaged Property is hereby expressly waived or not waived at the option of Trustee and/or Beneficiary, such option to be exercised prior to or at the time judgment is rendered in any foreclosure of this Deed of Trust. Grantor also expressly waives, to the extent Grantor may lawfully do so, all rights to have the Mortgaged Property marshaled upon any foreclosure of this Deed of Trust.

Appears in 5 contracts

Samples: Baron Energy Inc., Baron Energy Inc., Baron Energy Inc.

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Waiver of Appraisement and Redemption. To the full extent Grantor may lawfully do so, Grantor agrees Granxxx xxxees that Grantor will not at any time insist upon, plead, claim or take the benefit or advantage of any appraisement, valuation, stay, extension or redemption laws, now or hereafter in force, in order to prevent or hinder the enforcement of this Deed of Trust or the absolute sale of the Mortgaged Property or any part thereof, or the possession thereof by any purchaser at any such sale, but Grantor, insofar as Grantor now or hereafter may lawfully do so, hereby waives the benefit of all such laws; provided, however, that the appraisement of any of the Mortgaged Property is hereby expressly waived or not waived at the option of Trustee and/or Beneficiary, such option to be exercised prior to or at the time judgment is rendered in any foreclosure of this Deed of Trust. Grantor also expressly waives, to the extent Grantor may lawfully do so, all rights to have the Mortgaged Property marshaled upon any foreclosure of this Deed of Trust.

Appears in 2 contracts

Samples: Baron Energy Inc., Baron Energy Inc.

Waiver of Appraisement and Redemption. To the full extent Grantor may lawfully do so, Grantor agrees that Grantor will not at any time insist upon, plead, claim or take the benefit or advantage of any appraisement, valuation, stay, extension or redemption lawsLaws, now or hereafter in force, in order to prevent or hinder the enforcement of this Deed of Trust or the absolute sale of the Mortgaged Property or any part thereof, or the possession thereof by any purchaser at any such sale, but and Grantor, insofar as Grantor now or hereafter may lawfully do so, hereby waives the benefit of all such lawsLaws; provided, however, that the appraisement of any of the Mortgaged Property is hereby expressly waived or not waived at the option of Trustee and/or Beneficiary, such option to be exercised prior to or at the time judgment is rendered in any foreclosure of this Deed of Trust. Grantor also expressly waives, to the extent Grantor may lawfully do so, all rights to have the Mortgaged Property marshaled upon any foreclosure of this Deed of Trust.

Appears in 1 contract

Samples: Security Agreement (Primeenergy Corp)

Waiver of Appraisement and Redemption. To the full extent Grantor may lawfully do so, Grantor agrees that Grantor will not at any time insist upon, plead, claim or take the benefit or advantage of any appraisement, valuation, stay, extension or redemption laws, now or hereafter in force, in order to prevent or hinder the enforcement of this Deed of Trust or the absolute sale of the Mortgaged Property or any part thereof, or the possession thereof by any purchaser at any such sale, but Grantor, insofar as Grantor now or hereafter may lawfully do so, hereby waives the benefit of all such laws; provided, however, that the appraisement of any of the Mortgaged Property is hereby expressly waived or not waived at the option of Trustee and/or Beneficiary, such option to be exercised prior to or at the time judgment is rendered in any foreclosure of this Deed of Trust. Grantor also expressly waives, to the extent Grantor may lawfully do so, all rights to have the Mortgaged Mortgagee Property marshaled upon any foreclosure of this Deed of Trust.

Appears in 1 contract

Samples: Baron Energy Inc.

Waiver of Appraisement and Redemption. To the full extent Grantor Mortgagor may lawfully do so, Grantor Mortgagor agrees that Grantor Mortgagor will not at any time insist upon, plead, claim or take the benefit or advantage of any appraisement, valuation, stay, extension or redemption lawsLaws, now or hereafter in force, in order to prevent or hinder the enforcement of this Deed of Trust Mortgage or the absolute sale of the Mortgaged Property or any part thereof, or the possession thereof by any purchaser at any such sale, but Grantorand Mortgagor, insofar as Grantor Mortgagor now or hereafter may lawfully do so, hereby waives the benefit of all such lawsLaws; provided, however, that the appraisement of any of the Mortgaged Property is hereby expressly waived or not waived at the option of Trustee and/or BeneficiaryMortgagee, such option to be exercised prior to or at the time judgment is rendered in any foreclosure of this Deed of TrustMortgage. Grantor Mortgagor also expressly waives, to the extent Grantor Mortgagor may lawfully do so, all rights to have the Mortgaged Property marshaled upon any foreclosure of this Deed of TrustMortgage.

Appears in 1 contract

Samples: Financing Statement (Primeenergy Corp)

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Waiver of Appraisement and Redemption. To the full extent Grantor Mortgagor may lawfully do so, Grantor Xxxxxxxxx agrees that Grantor Xxxxxxxxx will not at any time insist upon, plead, claim or take the benefit or advantage of any appraisement, valuation, stay, extension or redemption lawsLaws, now or hereafter in force, in order to prevent or hinder the enforcement of this Deed of Trust Mortgage or the absolute sale of the Mortgaged Property or any part thereof, or the possession thereof by any purchaser at any such sale, but Grantorand Mortgagor, insofar as Grantor Mortgagor now or hereafter may lawfully do so, hereby waives the benefit of all such lawsLaws; provided, however, that the appraisement of any of the Mortgaged Property is hereby expressly waived or not waived at the option of Trustee and/or BeneficiaryMortgagee, such option to be exercised prior to or at the time judgment is rendered in any foreclosure of this Deed of TrustMortgage. Grantor Xxxxxxxxx also expressly waives, to the extent Grantor Mortgagor may lawfully do so, all rights to have the Mortgaged Property marshaled upon any foreclosure of this Deed of TrustMortgage.

Appears in 1 contract

Samples: www.sec.gov

Waiver of Appraisement and Redemption. To the full extent Grantor may lawfully do so, Grantor Xxxxxxx agrees that Grantor will not at any time insist upon, plead, claim or take the benefit or advantage of any appraisement, valuation, stay, extension or redemption lawsLaws, now or hereafter in force, in order to prevent or hinder the enforcement of this Deed of Trust or the absolute sale of the Mortgaged Property or any part thereof, or the possession thereof by any purchaser at any such sale, but and Grantor, insofar as Grantor now or hereafter may lawfully do so, hereby waives the benefit of all such lawsLaws; provided, however, that the appraisement of any of the Mortgaged Property is hereby expressly waived or not waived at the option of Trustee and/or Beneficiary, such option to be exercised prior to or at the time judgment is rendered in any foreclosure of this Deed of Trust. Grantor also expressly waives, to the extent Grantor may lawfully do so, all rights to have the Mortgaged Property marshaled upon any foreclosure of this Deed of Trust.

Appears in 1 contract

Samples: Security Agreement (Primeenergy Corp)

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