Acceleration; Foreclosure. Lender shall have the right, at its sole option, to accelerate the maturity and demand payment in full of the secured indebtedness. Lender shall then have the right to commence appropriate foreclosure proceedings against the Property as provided in this Mortgage.
Appears in 2 contracts
Sources: Mortgage and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Mortgage and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)