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<br /> M�SC�LI,A.�T�OL7S R�COR.D R
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<br /> THE IIUGU{TINE CO.-�IGOG
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<br /> �to �aeh tenant directing such tenant to pay rent to the PRUDENTIAL. ��
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<br /> '2. To effect new leas�s or to cancel or surrender existing leaees or to alter or amend the terme ji
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<br /> of existing leases or to renew existing leases or to ma.ke concessions to present tenants, ,!
<br /> 3 To arrange for such insurance protection as in the opinion of the PRUDENTIAL is neeeasary �or '
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<br /> ithe protection of the mortgaged premises or for the proteetion of th� Oi�NER and/or the PRUDENTIAL,I!
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<br /> and/or its I�anaging A�ent. Such inaurance may be plaeed by the PRUDENTIAL in such amounts, in ;I
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<br /> ;such compani�s, and in such and so many kinds of insurance as the PRUDENTIAL may d�em nscessary. ;j
<br /> The �WNER hereby authorize� the PRUDENTIAL in its discretion to arrange for rid�rs or clauses to �
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<br /> be add�d to exlating insur�.ncc which will protect the PRUDENTIAL, and /or its Ma.�agf.ng Aggnt. Soil
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<br /> far as may be poaeible, any new insur€�nce eYfeeted will be written in the name of the �WNER, with !'
<br /> suitable riders or clauses prot�eting the interest of th� PRUDENTIAL, and /or its �anaging Agent. l
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<br /> 4. To pay aII taxes and�or improvement aesessments and./or an� other governmental or munieipal lie '
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<br /> ` or charge, which, in the opinion of the PRUDENTIAL, should be paid. The PRUDENTIAL is hereby , �
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<br /> `giv�n the right to n�gotiat�, appeal or proteet any o�' such taxes, assessments or liens in the i
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<br /> 'name of the D�tNER .and as his Attorney in Faet, and the OtNNER hereby nominates and appof.nt8 the '
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<br /> PRUDENTIAL his Attorney in Fact for such purposee, �f
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<br /> � 5. To arrange for the employrnent of such peraons as in the .opinion of the PRUDENTIAL are necessar�
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<br /> ifar the proper operatior� oP the mortgaged pr�;mises, at sueh wages or ealari�s and on such terms j
<br /> �', oP employrnent as th� PRUDENTTAL may in its discretion decide, such employees, hQR��t�:�; to bd em- il
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<br /> ployees oP the OVYNER, and not of the PRUDEAITIAL. �'
<br /> 6. To arrange and pay for such r�pairs , decoration or redeaorations, furniture and equipment, �
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<br /> , alterations, additions and improv�ments as in the discr�tion of the PRUDENTIAL are ne�essary or �
<br /> iadvisable, whether they consitut� capital improvements or otherwise. ��
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<br /> 7. To contract or arrange �or the eupplq of' Yheat, gas, el�etricity, water, telephone,equipment or ;j
<br /> ' a,ny other utility �rhich may be neceesary in the d�.scretion of the PRQDENTIAL for the operation. or !
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<br /> man�.gement oP the mortgaged premises. �
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<br /> �. To eontract for and purchase all supplies or materials of �hatever �ature, which, in the dis- i�
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<br /> cretion oP the PRUDENTIAL, may be necessary for the operation of the mortgaged pr�mises. ;
<br /> 9. Tv carry on the operation and mana�ement of th� mortgaged premiaes either by an oPficer or
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<br /> employee of the PRUDENTIAL, or to carry on such operation and management by a Managing Agent who !
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<br /> shall be e�le�ted by the PRUDENTIAL, In the latter event,the PRUDENTIAL ia authorized to delegat� ',
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<br /> to such �dana�ing A�ent alI or any rights and powers granted to the PRUDE�iTIAL under this �greemen .
<br /> iIP the PRUDENTIAL shall commit the management and operation of the said mortgaged premises to a �
<br /> i�! �anaging Agent, the PRUDENTIAL shall have the right to allow to such �dana�ing Agent a reasonable �
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<br /> compensation or commiseion for his services, and such compensation or commission may be paid out ;�
<br /> ' of the gross income of the property. The PRUDENTIAL shall also have the right, in its discretionj,
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<br /> to arrange for a surety bond or bonda to guarantee the performance by the �anaging Agent of any o�
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<br /> ' all of its duties and obligations. Sueh bond or bor�ds may be in such amounts and in 8uch Porgt ar3
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<br /> in auch companiea as the PRL'DENTIAL may decide, and the premium or pr�miums may be paid out of th
<br /> gross income from the property. ;
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<br /> 10. ��o take alI la�ful steps, or to adopt any la�ful procedur�, in the na.me of the OWNER or° in it�
<br /> ' own name, as may be advisabl� to execut� or to facilitate the execution of any of the powere and ;.
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<br /> ' authorizations, gen�ral or speci.al, granted tv the PRUDENTIAL by this agreement. The PRUDENTIAL !
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<br /> may further execute any writing �rhich may be nece�sary to execute or to facilit�te the execution �'
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<br /> uf any of the powers and authorizations granted to it by this agreement, in its own name or in th�
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<br /> � name of the t�VNER, as may be advisable; and the OWNER herebq nominates and appoints th� PRUDE�TTIA
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<br /> ! his Attorney in Faet for eueh purposes. i
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<br /> ' 11. To pay, out o�' the gross ineome �rom the mortgaged premis�s, all bill� or charges which may� (
<br /> be ineurred under th� provisions of para�raphs 1 to 10, inclusi.,.ve, of this agreement, and any i�
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