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<br /> , antltlod, whether now due� �st due or tn hecome due, xnd her�by gives to and
<br /> canf�re upon Mortg�ga the right, power and authority ta collect such income.
<br /> retus. issues� profits and procetds and �rther assigns to Mortgaga any and all
<br /> ��its dghts with nspect thento,whether by operation of law or oth�rwia�e. Thc
<br /> assigrui�at o€lesses, ixcrtu�,ynis. issu�� Pr^fit� ued nrocefds, as provided for
<br /> in this Sectl�n 2.23 canstitutcs an irtcvocable dircctlan and authotization of all
<br /> tctuats under�uiy leases to pay all rent. chsuges, income and profits attribratable
<br /> to the kasing of die Co1lAteral to Mort�agee upon doroand anci without flirtLer
<br /> . cans�nt or other action by Mortgagor. Martgagor irnvocably appoints _
<br /> . Mortgagee its true and lawful attorn�y, at thc option of Mortg�gee at any timc,
<br /> , to demand, roceive u�d enforce payment, to give receipts, releises and
<br /> s�a�sFactians, and to sue, either in the namc of Mortgagor or in the n�une of
<br /> ., Mortg�gee,for all such income,rcnts, �ssues, profits and proceeds and apply the
<br /> �' same to tt�e indebtedness secured herebY, aRer re�mbursement of any expetues
<br /> i.�cur�ed by Martgagee in connection therewith. It is understond and agc�eed tvat
<br /> neither the foregoing assignment of income� reats, issues� profits and procads
<br /> ta Niortgagee nar ttr, exercise by N�ortgagee of any of its rights or remodies
<br /> � ticreunder st�all be deemod to make Mortgagee a "mortgagee-in-possessio.n" or
<br /> othecwise responvioiG uc 1;u�ie i;�a;.y a-�nr.�.r.,riih r��t te Lhe r�llar����r r1+r .
<br />,.�; use, occupancy, enjoyment or oper�tion of all or any portion thereof.
<br />;�,:' Notw7thstand3ng anything to the contrary r,ontained hcrcin, so lnng as no default
<br /> .<<, .
<br />'•�i.'. i�v*�InN�t�anr in f�u! t1AVtTM11t flf A11V in�iRhterine�.c cec��red henby or in the �
<br /> --, • -�-o-- �--.------- -.
<br /> pedormance of any obllgation,eovenant ar agreernent contained herain or in the
<br /> Notes or thc other Lean Documcnts shall exist and be continuing,MoRgagor shall
<br /> �� �v� thee right to colixt all incame�rents, issues, pxofits and procceds from the
<br /> � Coll$ural and to retain, usc and cnjoy the sa�ne.
<br /> Z, ,��ciQ nt of O�her RQh(�and Obliaations
<br /> 1` Sccdon 2.24 In addltion to any ather graat, transfcr ar assignmcnt effxtuated��kraby, witLout
<br /> _ in aay manner limitinA the generality of the grants in Article�hereof,Mortgagor
<br /> ltier�by assigns tv Mortgagee and grants to Mortgagee, a securit3►interest`in, as
<br /> - secarity for the indebtedness socured hereby. Mortgagor's interest in all
<br /> ;i �groements, contracts, leases, licenses and parmits necessary for or essential to
<br /> F� the c�wnership,operation,management or use of the Collateral. Such assig�unents
<br /> mty also be evid�nced, if so requested by Mortgagee, by instr�mtnts• ia form
<br /> : .� satisfactory to Mortgagee;but no such assignment shall be construal as a�cansent
<br /> � by Mortgagee to any agreemcnt, contract, lease license or porniit so assi$i�d,or
<br /> .�•� to irnposc upon Mortgagee any obligations with respect thereto.
<br /> � Section 2.2S Mortgagor hereby agrees to pay any taxes levied upon this Mortgage and any
<br /> • � indebtednoss secured horeby, u�cluding, without limitation, the Notes. Iu the
<br /> `� eventof tLe passage� after the date of this Mortgage, of any law deductin� from
<br /> � the value s�i►�e ��l�ateral for �s ����pc►� of ta�ation, any lien the�es�:n, or ,
<br /> : � ,
<br /> SUPPI.HMPNfALOR.�NU ISIAND MORTGAGB 16
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