Additional Rights of Lender. (a) Lender shall have the right and power to institute and maintain such suits and proceedings as it may deem appropriate to protect and enforce the rights vested in it by this Security Agreement and may proceed by suit or suits at law or in equity to enforce such rights and to foreclose upon and sell the Collateral or any part thereof pursuant to the judgment or decree of a court of competent jurisdiction.
Appears in 4 contracts
Samples: Security Agreement (Moody National REIT I, Inc.), Security Agreement (Apple Hospitality Two Inc), Security Agreement (Apple Hospitality Two Inc)