Waiver of Appraisement, Homestead, Marshaling. The Mortgagor waives to the full extent lawfully allowed the benefit of any homestead, appraisement, evaluation, stay and extension laws now or hereinafter in force. Mortgagor waives any rights available with respect to marshaling of assets so as to require the separate sales of any portion of the Premises, or as to require the Mortgagee to exhaust its remedies against a specific portion of the Premises before proceeding against the other and does hereby expressly consent to and authorize the sale of the Premises or any part thereof as a single unit or parcel or as separate parcels.
Appears in 3 contracts
Samples: Security Agreement (Talon Real Estate Holding Corp.), Mortgage and Security Agreement and Fixture Financing Statement (Wsi Industries Inc), Mortgage and Security Agreement and Fixture Financing (Navarre Corp /Mn/)
Waiver of Appraisement, Homestead, Marshaling. The Mortgagor waives to the full extent lawfully allowed the benefit of any homestead, appraisement, evaluation, stay and extension laws now or hereinafter in force. Mortgagor waives any rights available with respect to marshaling of assets so as to require the separate sales of any portion of the PremisesMortgaged Property, or as to require the Mortgagee to exhaust its remedies against a specific portion of the Premises Mortgaged Property before proceeding against the other and does hereby expressly consent to and authorize the sale of the Premises Mortgaged Property or any part thereof as a single unit or parcel or as separate parcels.
Appears in 2 contracts
Samples: Mortgage and Security Agreement (Famous Daves of America Inc), Mortgage and Security Agreement (Famous Daves of America Inc)
Waiver of Appraisement, Homestead, Marshaling. The Mortgagor hereby waives to the full extent lawfully allowed the benefit of any homestead, appraisement, evaluation, stay and extension laws now or hereinafter in force. The Mortgagor hereby waives any rights available with respect to marshaling of assets so as to require the separate sales of any portion of the Premises, or as to require the Mortgagee to exhaust its remedies against a specific portion of the Premises before proceeding against the other and does hereby expressly consent to and authorize the sale of the Premises or any part thereof as a single unit or parcel or as separate parcelsparcel.
Appears in 2 contracts
Samples: Mortgage and Security Agreement and Fixture Financing Statement (Lundgren Bros Construction Inc), Mortgage and Security Agreement and Fixture Financing Statement (First Team Sports Inc)
