Common use of Waiver of Appraisement, Valuation, Etc Clause in Contracts

Waiver of Appraisement, Valuation, Etc. Borrower agrees, to the full extent permitted by law, that in case of an Event of Default on the part of Borrower hereunder, neither Borrower nor anyone claiming through or under Borrower will assert, claim or seek to take advantage of any appraisement, redemption, valuation, stay, homestead, extension, exemption or laws now or hereafter in force, in order to prevent or hinder the enforcement of foreclosure of this Security Instrument, or the absolute sale of the Mortgaged Property, or the delivery of possession thereof immediately after such sale to the purchaser at such sale.

Appears in 3 contracts

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

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Waiver of Appraisement, Valuation, Etc. Borrower Trustor agrees, to the full extent permitted by law, that in case of an Event of Default on the part of Borrower Trustor hereunder, neither Borrower Trustor nor anyone claiming through or under Borrower Trustor will assert, claim or seek to take advantage of any appraisement, redemption, valuation, stay, homestead, extension, exemption or laws now or hereafter in force, in order to prevent or hinder the enforcement of foreclosure of this Security InstrumentInstrument , or the absolute sale of the Mortgaged Property, or the delivery of possession thereof immediately after such sale to the purchaser at such sale.

Appears in 1 contract

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

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