Waiver of Events of Default; Forbearance. Mortgagee may in its discretion waive any Event of Default hereunder and its consequences and rescind any declaration of acceleration of principal. No forbearance by Mortgagee in the exercise of any right or remedy hereunder shall affect the ability of Mortgagee to thereafter exercise any such right or remedy.
Appears in 5 contracts
Samples: Mortgage, Security Agreement and Fixture Filing (HC Government Realty Trust, Inc.), Mortgage, Security Agreement and Fixture (HC Government Realty Trust, Inc.), First Mortgage, Security Agreement and Fixture Filing (Cole Credit Property Trust III, Inc.)
Waiver of Events of Default; Forbearance. Mortgagee may in its discretion waive any Event of Default hereunder and its consequences and rescind any declaration of acceleration of principal. No forbearance by Mortgagee in the exercise of any right or remedy hereunder shall affect the ability of Mortgagee to thereafter exercise any such right or remedy.. [MORTGAGE] Loan No. 19263
Appears in 1 contract
Samples: Open End First Mortgage Deed, Security Agreement and Fixture (GTJ REIT, Inc.)