Enforcement of Security Interests. Beneficiary may exercise all rights of a secured party under the Utah Uniform Commercial Code with respect to all or any part of the Collateral, including, but not limited to, taking possession of, holding, and selling the Collateral and enforcing or otherwise realizing upon any other property in which Beneficiary has a security interest. Any requirement for reasonable notice of the time and place of any public sale or of the time after which any private sale or other disposition is to be made will be satisfied by Beneficiary's giving of such notice to Grantor at least five days prior to the time of any public sale or the time after which any private sale or other intended disposition is to be made.
Appears in 2 contracts
Sources: Deed of Trust, Assignment of Rents and Security Agreement (St Mary Land & Exploration Co), Deed of Trust, Assignment of Rents and Security Agreement (St Mary Land & Exploration Co)