Common use of Waiver of Marshalling Clause in Contracts

Waiver of Marshalling. (a) Notwithstanding the existence of any other security interests in the Mortgaged Property held by Lender or by any other party, Lender will have the right to determine the order in which any or all of the Mortgaged Property will be subjected to the remedies provided in this Instrument, the Note, the Loan Agreement or any other Loan Document or applicable law. Lender will have the right to determine the order in which any or all portions of the Indebtedness are satisfied from the proceeds realized upon the exercise of such remedies.

Appears in 27 contracts

Samples: And Security Agreement (Bluerock Residential Growth REIT, Inc.), And Security Agreement (Steadfast Income REIT, Inc.), Security Agreement (NorthStar Healthcare Income, Inc.)

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Waiver of Marshalling. (a) Notwithstanding the existence of any other security interests in the Mortgaged Property held by Lender or by any other party, Lender will have the right to determine the order in which any or all of the Mortgaged Property will be subjected to the remedies provided in this Instrument, the Note, the Loan Agreement or any other Loan Document or applicable law. Lender Xxxxxx will have the right to determine the order in which any or all portions of the Indebtedness are satisfied from the proceeds realized upon the exercise of such remedies.

Appears in 15 contracts

Samples: Security Agreement and Fixture Filing (Steadfast Apartment REIT, Inc.), And Security Agreement (Steadfast Income REIT, Inc.), Security Agreement and Fixture Filing (Steadfast Income REIT, Inc.)

Waiver of Marshalling. (a) Notwithstanding the existence of any other security interests in the Mortgaged Property held by Lender or by any other party, Lender will have the right to determine the order in which any or all of the Mortgaged Property will be subjected to the remedies provided in this Instrument, the Note, the Loan Agreement or any other Loan Document or applicable law. Lender Lxxxxx will have the right to determine the order in which any or all portions of the Indebtedness are satisfied from the proceeds realized upon the exercise of such remedies.

Appears in 2 contracts

Samples: Security Agreement and Fixture Filing (Bluerock Residential Growth REIT, Inc.), And Security Agreement (Bluerock Residential Growth REIT, Inc.)

Waiver of Marshalling. (a) Notwithstanding the existence of any other security interests in the Mortgaged Property held by Lender or by any other party, Lender will have the right to determine the order in which any or all of the Mortgaged Property will be subjected to the remedies provided in this Instrument, the Note, the Loan Agreement or any other Loan Document or under applicable law. Lender Xxxxxx will have the right to determine the order in which any or all portions of the Indebtedness are satisfied from the proceeds realized upon the exercise of such remedies.

Appears in 2 contracts

Samples: mf.freddiemac.com, mf.freddiemac.com

Waiver of Marshalling. (a) Notwithstanding the existence of any other security interests in the Mortgaged Property held by Lender or by any other party, Lender will have the right to determine the order in which any or all of the Mortgaged Property will be subjected to the remedies provided in this Instrument, the Note, the Loan Agreement or any other Loan Document or applicable law. Lender Xxxxxx will have the right to determine the order in which any or all portions of the Indebtedness are satisfied from the proceeds realized upon the exercise of such remedies.. Alabama

Appears in 1 contract

Samples: And Security Agreement (Inland Residential Properties Trust, Inc.)

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Waiver of Marshalling. (a) Notwithstanding the existence of any other security interests in the Mortgaged Property held by Lender or by any other party, Lender will have the right to determine the order in which any or all of the Mortgaged Property will be subjected to the remedies provided in this Instrument, the Note, the Loan Agreement or any other Loan Document or applicable law. Lender will have the right to determine the order in which xxxxx any or all portions of the Indebtedness are satisfied from the proceeds realized upon the exercise of such remedies.

Appears in 1 contract

Samples: Security Agreement and Fixture (Preferred Apartment Communities Inc)

Waiver of Marshalling. (a) Notwithstanding the existence of any other security interests in the Mortgaged Property held by Lender or by any other party, Lender Xxxxxx will have the right to determine the order in which any or all of the Mortgaged Property will be subjected to the remedies provided in this Instrument, the Note, the Loan Agreement or any other Loan Document or applicable law. Lender Xxxxxx will have the right to determine the order in which any or all portions of the Indebtedness are satisfied from the proceeds realized upon the exercise of such remedies.

Appears in 1 contract

Samples: Uniform Covenants

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