Common use of EJECTMENT Clause in Contracts

EJECTMENT. For the purpose of procuring possession of the Property in the event of any default hereunder or under the Note, this Security Instrument or the Other Security Documents, Borrower hereby authorizes and empowers any attorney of any Court of record in the Commonwealth of Pennsylvania or elsewhere, as attorney for Borrower and all persons claiming under or through Borrower, to sign an agreement for entering in any competent court an amicable action in ejectment for possession of the Property and to appear for and confess judgment against Borrower, and against all persons claiming under or through Borrower, for the recovery by Lender of possession of the Property, without any stay of execution, for which this Security Instrument, or a copy thereof verified by affidavit, shall be a sufficient warrant; and thereupon a writ of possession may be issued forthwith, without any prior writ or proceeding whatsoever. Borrower hereby releases Lender from all errors and defects whatsoever in entering such action and judgment and in causing such writ or writs to be issued, and hereby agrees that no writ of error, appeal, petition to open or strike off judgment, or other objection shall be filed or made with respect thereto. If for any reason after such action has been commenced the same shall be discontinued or possession of the Property shall remain in or be restored to Borrower, Lender shall have the right for the same default or any subsequent default to bring one or more further amicable actions as above provided to recover possession of the Property. Lender may bring such amicable action in ejectment before or after the institution of foreclosure proceedings upon this Security Instrument, or after judgment thereon or on said obligation, or after a sale of the Property by the Sheriff.