98110432 - Laserfiche WebLink

Browse

� ::,�°•��..:::�:.,.�.,..r; :,,. _ _ _ 4.�_. .. ..... � _ ......__...... .. . .. .... ........... g�- uo�z dam neceaatry to prdxt the security hercof; ippe�r ln sud defend eny actioa or procc�edfa�s purponbn� to�ffxt the socuriry hereof or the ri�hts or powera oi MortQ�a; p�y� purch�e, conteat or compromix any encumbrance� chAr�e or liea wbich, in the jud�neat of Mort��a,appeua to be prior or auperior heretA; . and, in exerci�ing any auch powers, pay necesgary ex�er.ses, employ caunsal atYd pay their re�eonRble utorneya' faa. MortgaQor shAll pay immedutely u�d wlthout decnand alt aun�,e expendod by Mortgngee in �ecordanca with the provi�ioas of tbis Matg��e with intereat from the d�te of expenditure at We Def�tult Rue. All such aums so eapended by Mortgagee shall, twtil peid� be add�eci W and become •part of the debt secured hereby su�d with the s�me priority o�lie�. ). Condemnation. Sectlon 2.20 If the Call�tenl,or xny part thereof, is take�t or dsurwgod by reason of any public improvement or co�nnntioa proceediag� or in any otha manner, Moctgagee st�ll be eatitled w all compens�tion�awards sind atber payments or relief therefor to which Mortgagor ahall be entitled, aad shall be endtiod �t its optioa to c,ommenx, appear in md prosecute in its own n�me aay acxion or pmpoedin�or w make any compmmise or settlement in connxdon with such t�king or danvge to the extent of tbe iatereats of Mortg�gar tl►ec+ein. All auch oompe�don, s►warda� dam�ges, ri�hts of action urd proceafa to which Moctgagor shall be entitla! �r�e hereby asaigned W Mortgaga� wtw atWl after deduceing therefrnm all its reasontble expe:;xs, including aaoroeys' fera, sipply or neleaee the r�ining procteda thereof with tLe sarne effa�and as provided in,� fai. tbi.fci or(di of�Section Z.14 aHove with res�ecx W diapoaition of i�uaaoe prooeods, in the sole disccetion of Mo�tgugx; pmvided, tb�t if tba+e ue any exxsa prooeeda �fter �pplication thcreof W any testaation of tbe CoWberal, � Mortgxgx shill be entitled to�ply sucb exass to tbe reduction of tha principal , b�alanc�due un�kr the Note with�ut aay Adjuatment in the dollu amow�t of the � � , montWy i�ts due under tbc Note. Mortg�gor �ras to e�cecute such � further aasigmup�ts of Any such prooeeds�a Mortgigee may�,raJuire, K. B�at� a� I.e�aea: Asaimment of Renb. Section 2.21 Mortgagor sha�11 �wt enter into any leasa or sublease of any portion of the �ollster�l, except for the Pec7miuod Lessea, without the prior writtea�pproval of Matp�ee. Mortgagor sh�ll not modify any auch lase without the priox written ooascnt of Mortgagee. Mort$igor s6aU not acxept Pre�Yme4ts of rent on any � le�se, including tt�ee Pecmitted I.eaaes;'for any periad in exoess of two mo�ths and � ahall perform�il covemnta of the lcssor under all la�es affecting the Coll�ter�l, . including t6e Pettnitted L.c�ses. The term "leases"sis uaod herejn i�ocludes any extensions or renewals �iad any amendmeats conxntod to by the Martgtgor. Mortgagor shall not ame�d or terminate wy la�ses, including the �Permitted AMBND&a AND RBSTA7ED MORTOAOB ' ' . co.�.+�.4e.�wu..+w. . 14