Acceleration of Secured Obligations. In the event of any sale ----------------------------------- made under or by virtue of this Article, the entire principal of, interest and other amounts in respect of the Secured Obligations, if not previously due and payable, shall, at the option of Mortgagee, immediately become due and payable, anything in this Mortgage to the contrary notwithstanding.
Appears in 2 contracts
Sources: Mortgage, Security Agreement, Assignment of Rents and Leases and Fixture Filing (Thermatrix Inc), Mortgage, Security Agreement, Assignment of Rents and Leases and Fixture Filing (Thermatrix Inc)