Common use of Waiver of Statutory Rights Clause in Contracts

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called “Moratorium Laws,” now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such laws. Mortgagor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage on behalf of Mortgagor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 11 contracts

Samples: Fixture Filing (Bluerock Residential Growth REIT, Inc.), Credit Agreement (Glimcher Realty Trust), Credit Agreement (Cornerstone Healthcare Plus Reit, Inc.)

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Waiver of Statutory Rights. To the extent permitted by law, Mortgagor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called "Moratorium Laws," now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such laws. Mortgagor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage on behalf of Mortgagor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 7 contracts

Samples: Security Agreement and Fixture Filing (Glimcher Realty Trust), Security Agreement and Fixture (Glimcher Realty Trust), Glimcher Realty Trust

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor Trustor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called "Moratorium Laws," now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this MortgageDeed of Trust, but hereby waives the benefit of such laws. Mortgagor Trustor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled marshaled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor To the extent permitted by law, Trustor hereby waives any and all rights of redemption from sale under the power of sale contained herein or any judgment order or decree of foreclosure of this Mortgage Deed of Trust on its behalf of Mortgagor and on behalf of each and every person person, except decree or judgment creditors of Trustor, acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this Mortgage. The foregoing waiver Deed of right of redemption is made pursuant to the provisions of applicable lawTrust.

Appears in 3 contracts

Samples: Fixture Filing And (Glimcher Realty Trust), Fixture Filing And (Glimcher Realty Trust), Fixture Filing And (Glimcher Realty Trust)

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called "Moratorium Laws," now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such laws. Mortgagor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled marshaled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor hereby waives any and all rights of redemption from sale under the power of sale contained herein or any judgment order or decree of foreclosure of this Mortgage on its behalf of Mortgagor and on behalf of each and every person person, except decree or judgment creditors of Mortgagor, acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 3 contracts

Samples: Mortgage, Security Agreement (Glimcher Realty Trust), Mortgage, Security Agreement (Glimcher Realty Trust), Secure Debt and Security Agreement (Glimcher Realty Trust)

Waiver of Statutory Rights. To the extent permitted by lawMortgagor shall not, Mortgagor hereby agrees that it shall not and will not not, apply for or avail itself of any homestead, appraisement, valuation, stay, extension or exemption laws, or any so-called “Moratorium Laws,” ”, now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but to the extent lawfully allowed hereby waives the benefit of such laws. Mortgagor Mortgagor, for itself and all who may claim through or under it it, waives any and all right to have the property and estates comprising the Property marshalled Premises marshaled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property Premises sold as an entirety. To the extent permitted by law, Mortgagor does hereby waives expressly waive any and all rights of redemption from sale under any judgment order or decree of foreclosure of this Mortgage on behalf of Mortgagor Mortgagor, the trust estate and on behalf of all persons beneficially interested therein and each and every person person, acquiring any interest in or title to the Property of any nature whatsoever, Premises subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 3 contracts

Samples: Mortgage (Glimcher Realty Trust), Statement and Fixture Filing (Industrial Income Trust Inc.), Mortgage, Security Agreement (Industrial Income Trust Inc.)

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor Xxxxxxxxx hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called "Moratorium Laws," now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such laws. Mortgagor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage on behalf of Mortgagor Xxxxxxxxx and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 3 contracts

Samples: Glimcher Realty Trust, Glimcher Realty Trust, Glimcher Realty Trust

Waiver of Statutory Rights. To the extent permitted by lawMortgagor shall not, Mortgagor hereby agrees that it shall not and will not not, apply for or avail itself of any homestead, appraisement, valuation, stay, extension or exemption laws, or any so-called "Moratorium Laws,” ", now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but to the extent lawfully allowed hereby waives the benefit of such laws. Mortgagor Mortgagor, for itself and all who may claim through or under it it, waives any and all right to have the property and estates comprising the Property marshalled Premises marshaled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property Premises sold as an entirety. To the extent permitted by law, Mortgagor does hereby waives expressly waive any and all rights of redemption from sale under any judgment order or decree of foreclosure of this Mortgage on behalf of Mortgagor Mortgagor, the trust estate and on behalf of all persons beneficially interested therein and each and every person person, acquiring any interest in or title to the Property of any nature whatsoever, Premises subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 2 contracts

Samples: Mortgage, Security Agreement (Great Lakes Reit), Equity Inns Inc

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called “Moratorium Laws,” now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such laws. Mortgagor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled marshaled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage on behalf of Mortgagor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 2 contracts

Samples: Credit Agreement (Glimcher Realty Trust), Credit Agreement (Inland Western Retail Real Estate Trust Inc)

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor Grantor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called “Moratorium Laws,” now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this MortgageDeed of Trust, but hereby waives the benefit of such lawslaws to the extent permitted by law. Mortgagor Grantor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor To the extent permitted by law, Grantor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage Deed of Trust on behalf of Mortgagor Grantor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this MortgageDeed of Trust. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 2 contracts

Samples: Security Agreement and Fixture Filing (TNP Strategic Retail Trust, Inc.), Apn (TNP Strategic Retail Trust, Inc.)

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called “Moratorium Laws,” now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such laws, to the extent waivable. Mortgagor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled marshaled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage on behalf of Mortgagor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to, and to the extent permitted, the provisions of applicable law.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Epr Properties), Purchase and Sale Agreement (CNL Lifestyle Properties Inc)

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor Grantor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called “Moratorium Laws,” now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this MortgageDeed of Trust, but hereby waives the benefit of such lawslaws to the extent permitted by law. Mortgagor Grantor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entiretyentirety to the extent permitted by law. Mortgagor Grantor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage Deed of Trust on behalf of Mortgagor Grantor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this MortgageDeed of Trust. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law. Grantor hereby waives any and all rights of fair market value credit.

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (TNP Strategic Retail Trust, Inc.)

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called so‑called “Moratorium Laws,” now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such laws. Mortgagor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage on behalf of Mortgagor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (CNL Healthcare Properties II, Inc.)

Waiver of Statutory Rights. To the extent permitted by lawGrantor shall not, Mortgagor hereby agrees that it shall not and will not not, apply for or avail itself of any homestead, appraisement, valuation, stay, extension or exemption laws, or any so-called “Moratorium Laws,” ”, now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this MortgageDeed, but to the extent lawfully allowed hereby waives the benefit of such laws. Mortgagor Grantor, for itself and all who may claim through or under it it, waives any and all right to have the property and estates comprising the Property marshalled Premises marshaled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property Premises sold as an entirety. Mortgagor To the extent permitted by law, Grantor does hereby waives expressly waive any and all rights of redemption from sale under any judgment order or decree of foreclosure of this Mortgage Deed on behalf of Mortgagor Grantor, the trust estate and on behalf of all persons beneficially interested therein and each and every person person, acquiring any interest in or title to the Property of any nature whatsoever, Premises subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable lawDeed.

Appears in 1 contract

Samples: Security Agreement (Industrial Income Trust Inc.)

Waiver of Statutory Rights. To the extent permitted by lawMortgage shall not, Mortgagor hereby agrees that it shall not and will not not, apply for or avail itself of any homestead, appraisement, valuation, stay, extension or exemption laws, or any so-called “Moratorium Laws,” ”, now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but to the extent lawfully allowed hereby waives the benefit of such laws. Mortgagor Mortgagor, for itself and all who may claim through or under it it, waives any and all right to have the property and estates comprising the Property marshalled Mortgaged Premises marshaled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property Mortgaged Premises sold as an entirety. To the extent permitted by law, Mortgagor does hereby waives expressly waive and any and all rights of redemption from sale under any judgment order or decree of foreclosure of this Mortgage on behalf of Mortgagor Mortgagor, the trust estate and on behalf of all persons beneficially interested therein and each and every person acquiring any interest in or title to the Property of any nature whatsoever, Mortgaged Premises subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: First Mortgage and Security Agreement (Oxford Residential Properties I LTD Partnership)

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called “Moratorium Laws,” now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but and hereby waives the benefit of such laws. Mortgagor of, for itself and all who may claim through or under it it, any appraisement, valuation, stay, moratorium, extension or exemption laws, whether existing on the date of this Mortgage or hereafter enacted, in any enforcement or foreclosure of this Mortgage. Mortgagor, for itself and all who may claim through or under it, waives any and all right to have the property and estates comprising the Property marshalled Premises or any portion thereof marshaled upon any foreclosure of the lien hereof this Mortgage and Mortgagor agrees that any court having jurisdiction to foreclose such lien this Mortgage may order the Property Premises sold as an entirety. Mortgagor does hereby waives waive any and all rights of reinstatement and rights of redemption from sale under any judgment or decree of foreclosure of this Mortgage on behalf of Mortgagor itself and on behalf of each and every person person, except judgment creditors of the Mortgagor, acquiring any interest in or title to the Property of any nature whatsoever, Premises subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Global Technovations Inc)

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor Grantor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called "Moratorium Laws," now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this MortgageDeed of Trust, but hereby waives the benefit of such lawslaws to the extent permitted by law. Mortgagor Grantor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entiretyentirety to the extent permitted by law. Mortgagor Grantor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage Deed of Trust on behalf of Mortgagor Grantor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this MortgageDeed of Trust. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: Defined Terms (Bluerock Residential Growth REIT, Inc.)

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor Grantor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called "Moratorium Laws," now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this MortgageDeed of Trust, but hereby waives the benefit of such laws. Mortgagor Grantor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor Grantor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage Deed of Trust on behalf of Mortgagor Grantor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this MortgageDeed of Trust. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: Glimcher Realty Trust

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Waiver of Statutory Rights. To the extent permitted by law, Mortgagor Grantor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called “Moratorium Laws,” now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this MortgageDeed of Trust, but hereby waives the benefit of such laws. Mortgagor Grantor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor Grantor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage Deed of Trust on behalf of Mortgagor Grantor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this MortgageDeed of Trust. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: Security Agreement (Grubb & Ellis Healthcare REIT II, Inc.)

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor Trustor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called “Moratorium Laws,” now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this MortgageDeed of Trust, but hereby waives the benefit of such laws. Mortgagor Trustor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor Trustor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage Deed of Trust on behalf of Mortgagor Trustor and on behalf of each and every person Person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this MortgageDeed of Trust. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: Security Agreement (Wells Mid-Horizon Value-Added Fund I LLC)

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor Xxxxxxxxx hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, New Philadelphia, Ohio extension or exemption laws, or any so-called "Moratorium Laws," now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such laws. Mortgagor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage on behalf of Mortgagor Xxxxxxxxx and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: Glimcher Realty Trust

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called “so‑called "Moratorium Laws,” ", now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such laws. Mortgagor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage on behalf of Mortgagor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: Innovative Food Holdings Inc

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, redemption, stay, extension extension, or exemption laws, or any so-called “Moratorium Lawsmoratorium laws,” now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such laws. Mortgagor Mortgagor, for itself and all who may claim through or under it it, hereby also waives any and all right rights to have the property Mortgaged Property and estates comprising the Mortgaged Property marshalled upon any foreclosure of the lien hereof hereof, and agrees that any court having jurisdiction to foreclose such lien may order the Mortgaged Property sold as an in its entirety. Mortgagor hereby further waives any and all rights of redemption from sale under any judgment order or decree of foreclosure of this Mortgage on behalf of Mortgagor the lien hereof pursuant to the rights herein granted, for itself and on behalf of any trust estate of which the Premises are a part, all persons beneficially interested therein, and each and every person acquiring any interest in the Mortgaged Property or title to interest in the Property of any nature whatsoever, Premises subsequent to the date of this Mortgage. The foregoing waiver , and on behalf of right of redemption is made pursuant all other persons, all to the provisions of extent permitted by applicable law.

Appears in 1 contract

Samples: Material Sciences Corp

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor hereby agrees that it shall not and will not apply for or avail itself of any appraisementappraisal, valuation, stay, extension or exemption laws, or any so-called "Moratorium Laws," now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such laws. Mortgagor Mortgagor, for itself itself, and all who may claim through or under it it, waives any and all right to have the property and estates comprising the Property Premises marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property Premises sold as an entirety. Mortgagor does hereby waives expressly waive any and all rights of redemption from sale under any order, judgment or decree of foreclosure of this Mortgage on behalf of Mortgagor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, Premises subsequent to the date of this Mortgage. The foregoing waiver Mortgagor does hereby further expressly waive, to the extent now or hereafter permitted by law, all rights of right reinstatement of redemption is made this Mortgage pursuant to Section 15-1602 of the provisions of applicable lawAct.

Appears in 1 contract

Samples: Cti Industries Corp

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called “Moratorium Laws,” now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such lawslaws to the extent permitted by law. Mortgagor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entiretyentirety to the extent permitted by law. To the extent permitted by applicable law, Mortgagor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage on behalf of Mortgagor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (TNP Strategic Retail Trust, Inc.)

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called “Moratorium Laws,” now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such laws. Mortgagor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage on behalf of Mortgagor and on behalf of each and every person Person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: Security Agreement (Wells Mid-Horizon Value-Added Fund I LLC)

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, Gratiot Center, Saginaw, Michigan extension or exemption laws, or any so-called "Moratorium Laws," now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such laws. Mortgagor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage on behalf of Mortgagor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: Glimcher Realty Trust

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called “Moratorium Laws,” now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such laws. Mortgagor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled marshaled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage on behalf of Mortgagor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this Mortgage, including, particularly, all right of redemption under §00-00-000 of the Arkansas Code Annotated. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: Fixture Filing (CNL Healthcare Properties, Inc.)

Waiver of Statutory Rights. To the extent permitted by law, Mortgagor hereby agrees that it shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called "Moratorium Laws," now existing or hereafter enacted, in order to prevent or hinder the enforcement or foreclosure of this Mortgage, but hereby waives the benefit of such laws. Mortgagor for itself and all who may claim through or under it waives any and all right to have the property and estates comprising the Property marshalled marshaled upon any foreclosure of the lien hereof hereof, or to otherwise direct the order in which any of the Property shall be sold at foreclosure, and agrees that any court having jurisdiction to foreclose such lien may order the Property sold as an entirety. Mortgagor hereby waives any and all rights of redemption from sale under any judgment of foreclosure of this Mortgage on behalf of Mortgagor and on behalf of each and every person acquiring any interest in or title to the Property of any nature whatsoever, subsequent to the date of this Mortgage. The foregoing waiver of right of redemption is made pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: MTR Gaming Group Inc

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