Foreclosure. The Trustee is specifically authorized to foreclose on any mortgage, to bid on the mortgaged property at the foreclosure sale, or acquire mortgaged property from the mortgagor without foreclosure, and to retain or dispose of the property upon any terms deemed advisable by the Trustee.
Appears in 38 contracts
Sources: Revocable Living Trust Agreement, Revocable Living Trust Agreement, Revocable Living Trust Agreement