Common use of Judicial Remedies Clause in Contracts

Judicial Remedies. Proceed by suit or suits, at law or in equity, instituted by Lxxxxx, or Trustee, upon written request of Lxxxxx, to enforce the payment of the indebtedness secured hereby or the other obligations of Borrower hereunder or pursuant to the Loan Documents, to foreclose the liens and security interests of this Deed of Trust as against all or any part of the Property, and to have all or any part of the Property sold under the judgment or decree of a court of competent jurisdiction. This remedy shall be cumulative of any other non-judicial remedies available to the Lender with respect to the Loan Documents. Proceeding with the request or receiving a judgment for legal relief shall not be or be deemed to be an election of remedies or bar any available non-judicial remedy of the Lender.

Appears in 2 contracts

Samples: And Security Agreement (Gladstone Commercial Corp), And Security Agreement (Gladstone Commercial Corp)

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Judicial Remedies. Proceed by suit or suits, at law or in equity, instituted by LxxxxxBeneficiary, or Trustee, upon written request of LxxxxxBeneficiary, to enforce the payment of the indebtedness secured hereby Secured Obligations or any portion thereof or the other obligations of Borrower Trustor hereunder or pursuant to the Loan Documents, to foreclose the liens and security interests of this Deed of Trust as against all or any part of the Property, and to have all or any part of the Property sold under the judgment or decree of a court of competent jurisdiction. This remedy shall be cumulative of any other non-judicial remedies available to the Lender Beneficiary with respect to the Loan Documents. Proceeding with the request or receiving a judgment for legal relief shall not be or be deemed to be an election of remedies or bar any available non-judicial remedy of the LenderBeneficiary.

Appears in 1 contract

Samples: Indemnity and Guaranty Agreement (Catellus Development Corp)

Judicial Remedies. Proceed by suit or suits, at law or in equity, instituted by Lxxxxx, or Trustee, upon written request of LxxxxxBeneficiary, to enforce the payment of the indebtedness secured hereby Secured Obligations or any portion thereof or the other obligations of Borrower Trustor hereunder or pursuant to the Loan Documents, to foreclose the liens and security interests of this Deed of Trust as a mortgage as against all or any part of the Property, and to have all or any part of the Property sold under the judgment or decree of a court of competent jurisdictionjurisdiction in any manner permitted by the laws of the State. This remedy shall be cumulative of any other non-judicial remedies available to the Lender Beneficiary with respect to the Loan Documents. Proceeding with the request or receiving a judgment for legal relief shall not be or be deemed to be an election of remedies or bar any available non-judicial remedy of the LenderBeneficiary.

Appears in 1 contract

Samples: Indemnity and Guaranty Agreement (Catellus Development Corp)

Judicial Remedies. Proceed by suit or suits, at law or in equity, instituted by LxxxxxBeneficiary, or Trustee, upon written request of LxxxxxBeneficiary, to enforce the payment of the indebtedness secured hereby or the other obligations of Borrower Grantor hereunder or pursuant to the Loan Documents, to foreclose the liens and security interests of this Deed of Trust as against all or any part of the Property, and to have all or any part of the Property sold under the judgment or decree of a court of competent jurisdiction. This remedy shall be cumulative of any other non-judicial remedies available to the Lender Beneficiary with respect to the Loan Documents. Proceeding with the request or receiving a judgment for legal relief shall not be or be deemed to be an election of remedies or bar any available non-judicial remedy of the LenderBeneficiary.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Inland Diversified Real Estate Trust, Inc.)

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Judicial Remedies. Proceed by suit or suits, at law or in equity, ----------------- instituted by LxxxxxBeneficiary, or Trustee, upon written request of LxxxxxBeneficiary, to enforce the payment of the indebtedness secured hereby or the other obligations of Borrower Grantor hereunder or pursuant to the Loan Documents, to foreclose the liens and security interests of this Deed of Trust as against all or any part of the Property, and to have all or any part of the Property sold under the judgment or decree of a court of competent jurisdiction. This remedy shall be cumulative of any other non-judicial remedies available to the Lender Beneficiary with respect to the Loan Documents. Proceeding with the request or receiving a judgment for legal relief shall not be or be deemed to be an election of remedies or bar any available non-judicial remedy of the LenderBeneficiary.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Nei Webworld Inc)

Judicial Remedies. Proceed by suit or suits, at law or in equity, instituted by LxxxxxBeneficiary, or Trustee, upon written request of LxxxxxBeneficiary, to enforce the payment of the indebtedness secured hereby Debt or the other obligations of Borrower Trustor hereunder or pursuant to the Loan Documents, to foreclose the liens and security interests of this Deed of Trust as against all or any part of the Mortgaged Property, and to have all or any part of the Mortgaged Property sold under the judgment or decree of a court of competent jurisdiction. This remedy shall be cumulative of any other non-judicial remedies available to the Lender Beneficiary with respect to the Loan Documents. Proceeding with the request or receiving a judgment for legal relief shall not be or be deemed to be an election of remedies or bar any available non-judicial remedy of the LenderBeneficiary.

Appears in 1 contract

Samples: Innkeepers Usa Trust/Fl

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