Common use of Waiver of Appraisement, Valuation, Etc Clause in Contracts

Waiver of Appraisement, Valuation, Etc. Borrower agrees, to the full extent permitted by law, that in case of a Default on the part of Borrower hereunder, neither Borrower nor anyone claiming through or under Borrower will set up, claim or seek to take advantage of any moratorium, reinstatement, forbearance, appraisement, valuation, stay, extension, homestead, exemption or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this Deed, or the absolute sale of the Premises, or the delivery of possession thereof immediately after such sale to the purchaser at such sale, and Borrower, for itself and all who may at any time claim through or under it, hereby waives to the full extent that it may lawfully so do, the benefit of all such laws, and any and all right to have the assets subject to the security interest of this Deed marshalled upon any foreclosure or sale under the power herein granted.

Appears in 3 contracts

Samples: Debt and Security Agreement (Adcare Health Systems Inc), Debt and Security Agreement (Adcare Health Systems Inc), Debt and Security Agreement (Adcare Health Systems Inc)

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Waiver of Appraisement, Valuation, Etc. Borrower agrees, to the full extent permitted by law, that in case of a Default on the part of Borrower hereunder, neither Borrower nor anyone claiming through or under Borrower will set up, claim or seek to take advantage of any moratorium, reinstatement, forbearance, appraisement, valuation, stay, extension, homesteadhomestead right, exemption entitlement or exemption, or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this Deed, Mortgage or the absolute sale of the Premises, Property or the delivery of possession thereof immediately after such sale to the purchaser at such sale, and Borrower, for itself and all who may at any time claim through or under it, hereby waives to the full extent that it may lawfully so do, the benefit of all such laws, and any and all right to have the assets subject to the security interest of this Deed marshalled Mortgage marshaled upon any foreclosure or sale under the power herein grantedforeclosure.

Appears in 1 contract

Samples: Loan Agreement (Jameson Inns Inc)

Waiver of Appraisement, Valuation, Etc. Borrower agrees, to the full extent permitted by law, that in case of a Default default on the part of Borrower hereunder, neither Borrower nor anyone claiming through or under Borrower will set up, claim or seek to take advantage of any moratorium, reinstatement, forbearance, appraisement, valuation, stay, extension, homestead, exemption or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this DeedDeed of Trust, or the absolute sale of the Premises, or the delivery of possession thereof immediately after such sale to the purchaser at such sale, and Borrower, for itself and all who may at any time claim through or under it, hereby waives to the full extent that it may lawfully so do, the benefit of all such laws, and any and all right to have the assets subject to the security interest of this Deed marshalled of Trust marshaled upon any foreclosure or sale under the power herein granted.

Appears in 1 contract

Samples: McRae Industries Inc

Waiver of Appraisement, Valuation, Etc. Borrower Grantor agrees, to the full extent permitted by law, that in case of a Default on the part of Borrower Grantor hereunder, neither Borrower Grantor nor anyone claiming through or under Borrower Grantor will set up, claim or seek to take advantage of any moratorium, reinstatement, forbearance, appraisement, valuation, stay, extension, homestead, exemption or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this DeedDeed to Secure Debt, or the absolute sale of the Premises, or the delivery of possession thereof immediately after such sale to the purchaser at such sale, and BorrowerGrantor, for itself and all who may at any time claim through or under it, hereby waives to the full extent that it may lawfully so do, the benefit of all such laws, and any and all right to have the assets subject to the security interest of this Deed to Secure Debt marshalled upon any foreclosure or sale under the power herein granted.

Appears in 1 contract

Samples: 1 (Roberts Realty Investors Inc)

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Waiver of Appraisement, Valuation, Etc. Borrower agrees, agrees to the full extent permitted by law, that in case of a Default default on the part of Borrower hereunderhereunder and after expiration of any applicable cure period, if any, neither Borrower nor anyone claiming through or under Borrower shall or will set up, claim or seek to take advantage of any moratorium, reinstatement, forbearance, appraisement, valuation, stay, extension, homestead, exemption or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this Deed, or the absolute sale of the Premises, or the delivery of possession thereof immediately after such sale to the purchaser at such sale, and Borrower, for itself and all who may at any time claim through or under it, hereby waives to the full extent that it may lawfully so do, the benefit of all such laws, and any and all right to have the assets subject to the security interest of this Deed marshalled marshaled upon any foreclosure or sale under the power herein granted.

Appears in 1 contract

Samples: Debt and Security Agreement (Roberts Realty Investors Inc)

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