Waiver of Foreclosure Defense. Borrower hereby waives any defense Borrower might assert or have by reason of Lender’s failure to make any tenant or lessee of the Property a party defendant in any foreclosure proceeding or action instituted by Lender.
Appears in 8 contracts
Samples: Security Agreement and Fixture Filing (Moody National REIT I, Inc.), Security Agreement and Fixture Filing (Brookfield DTLA Fund Office Trust Investor Inc.), Medalist Diversified REIT, Inc.
Waiver of Foreclosure Defense. Borrower hereby waives any defense Borrower might assert or have by reason of Lender’s 's failure to make any tenant or lessee of the Property a party defendant in any foreclosure proceeding or action instituted by Lender.
Appears in 5 contracts
Samples: Security Agreement and Fixture Filing (Glimcher Realty Trust), Rents and Security Agreement (Behringer Harvard Reit I Inc), And Consolidated Mortgage and Security Agreement (Alexanders Inc)
Waiver of Foreclosure Defense. Borrower hereby waives any defense Borrower might assert or have by reason of Lender’s Xxxxxx's failure to make any tenant or lessee of the Property a party defendant in any foreclosure proceeding or action instituted by LenderXxxxxx.
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Samples: And Security Agreement (Inland Western Retail Real Estate Trust Inc)
Waiver of Foreclosure Defense. Borrower hereby waives any defense Borrower might assert or have by reason of LenderMortgagee’s failure to make any tenant or lessee of the Property a party defendant in any foreclosure proceeding or action instituted by LenderMortgagee.
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