Waiver of Right of Redemption and Other Rights. To the full extent ---------------------------------------------- permitted by law, Borrower agrees that it will not at any time or in any manner whatsoever take any advantage of any stay, exemption or extension law or any so- called "Moratorium Law" now or at any time hereafter in force, nor take any advantage of any law now or hereafter in force providing for the valuation or appraisement of the Premises, or any part thereof, prior to any foreclosure sale thereof to be made pursuant to any provisions herein contained, or to any decree, judgment or order of any court of competent jurisdiction; or claim or exercise any rights under any statute now or hereafter in force to redeem the Premises or any part thereof, or relating to the marshalling thereof, on foreclosure sale or other enforcement hereof. To the full extent permitted by law, Borrower hereby expressly waives any and all rights it may have to require that the Premises be sold as separate tracts or units in the event of foreclosure. To the full extent permitted by law, Borrower hereby expressly waives any and all rights to redemption and reinstatement under the Act, on its own behalf, on behalf of all persons claiming or having an interest (direct or indirect) by, through or under Borrower and on behalf of each and every person acquiring any interest in or title to the Premises subsequent to the date hereof, it being the intent hereof that any and all such rights of redemption of Borrower and such other persons are and shall be deemed to be hereby waived to the full extent permitted by applicable law. To the full extent permitted by law, Borrower agrees that, by invoking or utilizing any applicable law or laws or otherwise, it will not hinder, delay or impede the exercise of any right, power or remedy herein or otherwise granted or delegated to Lender, but will permit the exercise of every such right, power and remedy as though no such law or laws have been or will have been made or enacted. To the full extent permitted by law, Borrower hereby agrees that no action for the enforcement of the lien or any provision hereof shall be subject to any defense which would not be good and valid in an action at law upon the Note. If the Borrower is a trustee, Borrower represents that the provisions of this Paragraph 23 (including the waiver of redemption rights) were made at the express direction of Borrower's beneficiaries and the persons having the power of direction over Borrower and are made on behalf of ...
Waiver of Right of Redemption and Other Rights. To the extent permitted by applicable Laws, Trustor hereby:
(a) expressly waives all benefits that might accrue to the Trustor by virtue of any present or future moratorium laws exempting the Trust Property, or any other property, real or personal, or any part of the proceeds arising from any sale of any such property, from attachment, levy, or sale under execution, or providing for any stay of execution to be issued on any judgment recovered on any Arizona Loan Document or in any action to foreclose this Deed of Trust, exemption from civil process, or extension of time for payment;
(b) expressly waives and releases any right to have the Trust Property marshalled;
(c) if this Deed of Trust is foreclosed at Beneficiary's election as a mortgage on real property, expressly waives any and all rights of redemption from sale under any order or judgment of foreclosure of the lien of this Deed of Trust on behalf of Trustor and each and every person acquiring any interest in or title to the Trust Property subsequent to the date of this Deed of Trust and on behalf of any other persons; and
(d) expressly waives any and all rights it may have to require that the Trust Property be sold as separate tracts or units in the event of a foreclosure sale.
Waiver of Right of Redemption and Other Rights
