Acceleration of Maturity. If an Event of Default shall have occurred, then the entire Indebtedness shall, at the option of Lender, immediately become due and payable without notice or demand, time being of the essence of this Security Instrument, and no omission on the part of Lender to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 4 contracts
Sources: Mortgage and Security Agreement, Deed to Secure Debt and Security Agreement, Deed to Secure Debt and Security Agreement (CNL Healthcare Trust, Inc.)
Acceleration of Maturity. If an Event of a Default shall have occurred, then the entire Indebtedness shall, at the option of Lender, immediately become due and payable without notice or demand, time being of the essence of this Security Instrument, Deed; and no omission on the part of Lender to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 3 contracts
Sources: Deed to Secure Debt and Security Agreement (Adcare Health Systems Inc), Deed to Secure Debt and Security Agreement (Adcare Health Systems Inc), Deed to Secure Debt and Security Agreement (Adcare Health Systems Inc)
Acceleration of Maturity. If Upon or after an Event of Default shall have occurredDefault, then the entire Indebtedness shallLender may, at its option, declare all or any portion of the option of Lender, Indebtedness to be (and the same shall thereupon become) immediately become due and payable without notice or demand, time being of the essence of this Security Instrument, Deed; and no omission or delay on the part of Lender to exercise such option when entitled so to do so shall be construed considered as a waiver of such right.
Appears in 2 contracts
Sources: Deed to Secure Debt (Home Federal Holdings CORP), Leasehold Deed (Igi Inc)
Acceleration of Maturity. If an Event of Default shall have occurred, then the entire Secured Indebtedness shall, at the option of LenderBeneficiary, immediately become due and payable without notice or demand, time being of the essence of this Security InstrumentDeed of Trust, and no omission on the part of Lender Beneficiary to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 2 contracts
Sources: Deed of Trust and Security Agreement (Azur International, Inc.), Deed of Trust and Security Agreement (PMT Services Inc /Tn/)
Acceleration of Maturity. If an Event of Default shall have occurred, then the entire Indebtedness balance of the indebtedness (including but not limited to the Loan and the Other Indebtedness) secured hereby with interest accrued thereon shall, at the option of the Lender, immediately become due and payable without notice or demand, time being of the essence of this Security Instrument, and no essence. Any omission on the part of the Lender to exercise such option when entitled to do so shall not be construed considered as a waiver of such right.
Appears in 2 contracts
Sources: Future Advance Deed to Secure Debt, Assignment of Rents and Leases and Security Agreement (Roberts Realty Investors Inc), Deed to Secure Debt (Roberts Realty Investors Inc)
Acceleration of Maturity. If an Event of Default shall have occurred, occurred then the entire Indebtedness shall, at the option of Lender, immediately become due and payable without notice or demandnotice, except as specifically provided herein, in the Note, and in the Loan Documents, time being of the essence of this Security Instrument, Deed; and no omission on the part of Lender to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 1 contract
Sources: Deed to Secure Debt and Security Agreement (Roberts Realty Investors Inc)
Acceleration of Maturity. If an Event of Default shall have occurred, then the entire Indebtedness shall, at the option of Lender, become immediately become due and payable without notice or demand, which are hereby expressly waived, time being of the essence of this Security Instrument, Deed of Trust; and no omission on the part of Lender to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 1 contract
Sources: Deed of Trust, Assignment of Rents and Security Agreement (Griffin Industrial Realty, Inc.)
Acceleration of Maturity. If an Event of Default shall have occurred, then the entire Indebtedness shall, at the option of Lender, become immediately become due and payable without notice or demand, which are hereby expressly waived, time being of the essence of this Security Instrument, Mortgage; and no omission on the part of Lender to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 1 contract
Sources: Mortgage, Assignment of Rents and Security Agreement (Griffin Industrial Realty, Inc.)
Acceleration of Maturity. If an Event of Default shall have occurred, then the entire Indebtedness shall, at the option of LenderBeneficiary, immediately become due and payable without notice or demand, time being of the essence of this Security InstrumentInstrument , and no omission on the part of Lender Beneficiary to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 1 contract
Sources: Deed of Trust and Security Agreement (Arv Assisted Living Inc)
Acceleration of Maturity. If an Event of Default shall have occurred, then the entire Indebtedness indebtedness secured hereby shall, at the option of LenderGrantee, immediately become due and payable without notice or demand, time being of the essence of this Security Instrument, Deed; and no omission on the part of Lender Grantee to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 1 contract
Sources: Deed to Secure Debt and Security Agreement (Servidyne, Inc.)
Acceleration of Maturity. If an Event of Default shall have occurred, then all of the entire Indebtedness Obligations secured hereby shall, at the option of Lender's option, immediately become due and payable without notice or demand, time being of the essence of this Security Instrument, hereof; and no omission on the part of Lender to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 1 contract
Sources: Mortgage, Assignment of Leases and Rents, Fixture Filing and Security Agreement (Crown Crafts Inc)
Acceleration of Maturity. If an Event of Default shall have occurred, then the entire Indebtedness shall, at the option of LenderBeneficiary, immediately become due and payable without notice or demand, time being of the essence of this Security Instrument, and no omission on the part of Lender Beneficiary to exercise such option when entitled to do so shall be construed as a waiver of such right.
Appears in 1 contract
Sources: Deed of Trust and Security Agreement (Arv Assisted Living Inc)