Certain Rights of Lender. Without affecting Borrower’s liability for the payment of any of the Obligations, Lender may from time to time and without notice to Borrower: (a) release any person liable for the payment of the Obligations; (b) extend or modify the terms of payment of the Obligations; (c) accept additional real or personal property of any kind as security or alter, substitute or release any property securing the Obligations; (d) consent in writing to the making of any subdivision map or plat thereof; (e) join in granting any easement therein; or (f) join in any extension agreement of the Mortgage or any agreement subordinating the lien hereof.
Appears in 4 contracts
Samples: And Security Agreement (Gladstone Commercial Corp), And Security Agreement (Gsi Commerce Inc), Rents and Security Agreement (Gladstone Commercial Corp)
Certain Rights of Lender. Without affecting Borrower’s liability for the payment of any of the Obligations, Lender may from time to time and without notice to Borrower: (a) release any person liable for the payment of the Obligations; (b) extend or modify the terms of payment of the Obligations; (c) accept additional real or personal property of any kind as security or alter, substitute or release any property securing the Obligations; (d) consent in writing to the making of any subdivision map or plat thereof; (e) join in granting any easement therein; or (f) join in any extension agreement of the Mortgage Deed of Trust or any agreement subordinating the lien hereof.
Appears in 3 contracts
Samples: And Security Agreement (Gladstone Commercial Corp), And Security Agreement (Gladstone Commercial Corp), Gladstone Commercial Corp
Certain Rights of Lender. Without affecting Borrower’s liability for the payment of any of the ObligationsDebt, Lender may from time to time and without notice to Borrower: (a) release any person liable for the payment of the ObligationsDebt; (b) extend or modify the terms of payment of the ObligationsDebt; (c) accept additional real or personal property of any kind as security or alter, substitute or release any property securing the ObligationsDebt; (d) consent in writing to the making of any subdivision map or plat thereof; (e) join in granting any easement therein; or (f) join in any extension agreement of the Mortgage or any agreement subordinating the lien hereof.
Appears in 1 contract
