Common use of Recourse Debt Clause in Contracts

Recourse Debt. Trustor shall be liable upon the indebtedness evidenced by the Notes, for all sums to accrue or to become payable thereunder, and for performance of any covenants contained in any of the Loan Documents to the extent, but only the extent, of Beneficiary's security for the same, including, without limitation, all properties, rights, estates, and interests covered by the this Indenture and the Loan Documents. No attachment, execution or other writ of process shall be sought, issued or levied upon any assets, properties or funds of Trustor other than the properties, rights, estates and interest described in this Indenture and the other Loan Documents. In the event of foreclosure of such title, liens, mortgages or security interests, by private power of sale or otherwise, no judgment for any deficiency upon such indebtedness, sums and amounts shall be sought or obtained by Beneficiary or Trustee against Trustor.