RIGHT TO RELEASE. Mortgagee at all times shall have the right to release any part of the Mortgaged Property now or hereafter covered by this instrument or any other security Mortgagee now has or may hereafter have securing payment of all or any part of the Secured Obligations, without releasing any other part of the Mortgaged Property or other security, without impairing the Secured Obligations or any rights to any deficiency, and without affecting the lien, assignment of rents and security interest of this instrument as to the part or parts thereof not so released.
Appears in 2 contracts
Sources: Leasehold Mortgage, Security Agreement and Assignment of Leases and Income (Aes Red Oak LLC), Mortgage, Security Agreement and Assignment of Leases and Income (Aes Red Oak LLC)