Common use of Reasonable Use and Occupancy Clause in Contracts

Reasonable Use and Occupancy. In addition to the rights which Beneficiary may have herein, upon the occurrence of any Event of Default which shall remain uncured, Beneficiary, at its option, may require Grantor to pay monthly in advance to Beneficiary, or any receiver appointed to collect the rents, the fair and reasonable rental value for the use and occupation of such part of the Trust Estate as may continued to be occupied by Grantor or may require Grantor to vacate and surrender possession of the Trust Estate to Beneficiary or to such receiver and, in default thereof, Grantor may be evicted by summary proceedings or otherwise.

Reasonable Use and Occupancy. In addition to the rights which Beneficiary may have herein, upon the occurrence of any Event of Default which shall remain uncured, Beneficiary, at its option, may require Grantor to pay monthly in advance to Beneficiary, or any receiver appointed to collect the rents, the fair and reasonable rental value for the use and occupation of such part of the Trust Estate as may continued continue to be occupied by Grantor or may require Grantor to vacate and surrender possession of the Trust Estate to Beneficiary or to such receiver and, in default thereof, Grantor may be evicted by summary proceedings or otherwise.