Extensions, etc. Mortgagee shall have the right, at any time and without notice, to grant extensions, deferments, renewals, or reamortizations of all or any part of the debt secured by this Mortgage, to release from personal liability any party now or hereafter personally liable for repayment of all debt secured by this Mortgage, and to release all or any part of the Property, all without affecting the provisions or priority of this Mortgage on the Property which remains or the personal liability of any party not specifically released from liability.
Appears in 2 contracts
Sources: Mortgage and Security Agreement, Mortgage and Security Agreement