Common Contracts
2 similar Addendum contracts
ADDENDUMAddendum • September 4th, 2024
If a Monetary Event of Default occurs and is continuing, Lender, at Lender’s option may declare the Indebtedness to be immediately due and payable without further demand, and may invoke the statutory power of sale in accordance with South Dakota Codified Laws
MORTGAGE – ONE HUNDRED EIGHTY DAY REDEMPTION; HEALTHCARE MORTGAGE, ASSIGNMENT OF LEASES, RENTS AND REVENUE AND SECURITY AGREEMENT (SOUTH DAKOTA)Addendum • December 25th, 2020
If a Monetary Event of Default occurs and is continuing, Lender, at Lender’s option may declare the Indebtedness to be immediately due and payable without further demand, and may invoke the statutory power of sale in accordance with South Dakota Codified Laws Chapter 21‑48 and the rules of practice related thereto or, foreclosure of this Security Instrument by action or advertisement as provided by Chapters 21-47 and 21-49, and the rules of practice related thereto, or any other remedies permitted by applicable law or provided in this Security Instrument or in the Note. Following a Covenant Event of Default, Lender, at Lender’s option, but so long as the Loan is insured by HUD, only after receipt of the prior written approval of HUD, may, after notice to Borrower as provided by applicable law declare the Indebtedness to be immediately due and payable without further demand, and may invoke the power of sale, or foreclosure of this Security Instrument by action or advertisement, and/or a
