Common use of Acceleration; Foreclosure Clause in Contracts

Acceleration; Foreclosure. Mortgagee shall have the right, at its sole option, to accelerate the maturity and demand payment in full of the Indebtedness. Mortgagee shall then have the right to commence appropriate foreclosure proceedings against the Premises as provided in this Mortgage.

Acceleration; Foreclosure. Mortgagee shall have the right, at its sole option, to accelerate the maturity and demand immediate payment in full of any and all of the IndebtednessObligations. Mortgagee shall then have the right to commence appropriate foreclosure proceedings against the Premises mortgaged Property and against M▇▇▇▇▇▇▇▇’s Rights as provided in this Mortgage.