Examples of Other Deed in a sentence
Exercise any other right or remedy available (i) hereunder, including, but not limited to, drawing upon the Letter of Credit, (ii) under any of the other Loan Documents, (iii) under any of the Other Deed of Trusts or (iv) at law or in equity.
Grantor and Beneficiary acknowledge and agree that: this Deed of Trust shall constitute a lien or charge upon only that property described herein as the "Subject Property"; and the Other Deed of Trust shall constitute a lien or charge upon only that property described therein as the “Subject Property”.
Beneficiary shall have the right to sell, and any court in which foreclosure proceedings may be brought shall have the right to order a sale of the Subject Property and Collateral described in any or all of the Deed of Trust and the Other Deed of Trust as a whole or in separate parcels, in any order that Beneficiary may designate.
Except as supplemented and/or modified by this Deed of Trust, all of the terms, covenants and conditions of the Other Deed of Trust and the other loan documents executed in connection therewith shall remain in full force and effect.
Grantor makes this waiver for itself, for all persons and entities claiming through or under Grantor and for persons and entities who may acquire a lien or security interest on all or any part of the Subject Property and Collateral described in any or all of the Deed of Trust and the Other Deed of Trust, or on any interest therein.
Grantor waives all rights to have all or part of the Subject Property and Collateral described in the Deed of Trust and/or the Other Deed of Trust marshalled upon any foreclosure of the Deed of Trust or the Other Deed of Trust.
A Default under this Deed of Trust shall, at Beneficiary's option, constitute a Default under the Other Deed of Trust.
A Default under the Other Deed of Trust, as defined therein, shall, at Beneficiary's option, constitute a Default under this Deed of Trust.
In addition to the obligations secured by the Other Deed of Trust, the Other Deed of Trust shall also secure the payment and performance of all obligations secured by this Deed of Trust.
This Note shall evidence the Secured Indebtedness, and the Deed of Trust and the Other Deed of Trust shall both secure each of the Secured Indebtedness and the Other Secured Indebtedness (as defined in the Deed of Trust).