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ANR INDUSTRIES, INC. (2)-2009
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ANR INDUSTRIES, INC. (2)-2009
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Last modified
1/3/2012 3:25:00 PM
Creation date
4/23/2010 9:05:22 AM
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Contracts
Company Name
ANR INDUSTRIES, INC.
Contract #
A-2010-047
Agency
Community Development
Council Approval Date
3/1/2010
Insurance Exp Date
5/19/2010
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<br />matter of right and without further notice to Trustor or anyone claiming under Security, and <br />without regard to the then value of the Property or the interest of Trustor therein, shall have the <br />right to apply to any court having jurisdiction to appoint a receive or receivers of the Security (or <br />a part thereof), and Trustor hereby irrevocably consents to such appointment and waives further <br />notice of any application therefor. Any such receiver or receivers shall have all the powers and <br />duties of receivers in like or similar cases, and all the powers and duties of Beneficiary in case of <br />entry as provided herein, and shall continue as such and exercise all such powers until the date of <br />confirmation of sale ofthe Property, unless such receivership is sooner terminated. <br /> <br />6. Remedies Cumulative. No right, power or remedy conferred upon or reserved to the <br />Beneficiary by this Deed of Trust is intended to be exclusive of any other right, power or <br />remedy, but each and every such right, power and remedy shall be cumulative and concurrent <br />and shall be in addition to any other right, power and remedy given hereunder or now or <br />hereafter existing at law or in equity. <br /> <br />7. No Waiver. <br /> <br />a. No delay or omission of the Beneficiary to exercise any right, power or remedy <br />accruing upon any Default shall exhaust or impair any such right, power or remedy, or shall <br />be construed to be a waiver of any such Default or acquiescence therein; and every right, <br />power and remedy given by this Deed of Trust to the Beneficiary may be exercised from time <br />to time and as often as may be deemed expeditious by the Beneficiary. No consent or waiver, <br />expressed or implied, by the Beneficiary to or of any breach by the Trustor in the performance <br />of the obligations hereunder shall be deemed or construed to be a consent to or waiver of <br />obligations of the Trustor hereunder. Failure on the part of the Beneficiary to complain of any <br />act or failure to act or to declare an Event of Default, irrespective of how long such failure <br />continues, shall not constitute a waiver by the Beneficiary of its right hereunder or impair any <br />rights, powers or remedies consequent on any breach or Event of Default by the Trustor. <br /> <br />City.HO.DOT <br /> <br />Page 11 of 15 <br /> <br />2/8/1 0 <br />
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