Modifications and Extensions. Borrower and L▇▇▇▇▇ may agree to (a) extend the time for payment of all or any part of the Indebtedness; (b) reduce, rearrange or otherwise modify the terms of payment thereof; (c) accept a renewal note or notes therefor; and (d) otherwise deal with the Secured Property or the Loan Documents, all without notice to or the consent of any junior lienholder or any other Person having an interest in the Secured Property and/or Collateral subordinate to the lien of this Deed of Trust and without the consent of Borrower if B▇▇▇▇▇▇▇ has then parted with title to the Secured Property and/or Collateral. No such extension, reduction, modification, renewal or dealing shall affect the priority of this Deed of Trust or release any liability of Borrower or any other Person or impair the security hereof in any manner whatsoever.
Appears in 2 contracts
Sources: Leasehold Deed of Trust, Security Agreement and Fixture Filing With Assignment of Leases and Rents (EQT Exeter Real Estate Income Trust, Inc.), Deed of Trust, Security Agreement and Fixture Filing (EQT Exeter Real Estate Income Trust, Inc.)