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98110432
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Last modified
3/13/2012 3:52:21 AM
Creation date
10/19/2005 7:58:24 PM
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DEEDS
Inst Number
98110432
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:��. - <br /> , , (,�8� �� <br /> of aay tbnwv� theroot to wcb a�w iocatloa, iaciudla� without Nmiatlon ach <br /> of�loe ot Mart�a�or at whie6 records raluia�to tbe Cullaten�l�re kcpt provided <br /> th�t Mort�or �II not raawve nnny lte�n of t6e Collatenl fran tba Mortp�ed <br /> Property wituout wrttt�a peraaiMba fcaa Mort�ee;(v)do all�ca neceaia�ry to <br /> m�Lop�la,pre�erve u�d protoct dl Coilateral,keep�l�Coll�ta�al in�ood candition ' <br /> �nd rep�lr�ad pr�vent Aay ww�te ur uuusus�l or unrc�conabla dcprecl�tian tl�ereof; <br /> and (vi) joia with Mort�qee �t iu reqt�t from tlme to time in executinQ <br /> financla� statementa, uncadment� thereto u�d contiauation sutements, au�d pe�Y <br /> tbe coat of tlue filin� of tbe a�me whenever u�d wherever Mortgagee deema <br /> desirable� and execute and deliver w Mortgtga further documents and <br /> instrumeuta and do such other acta and things ns Mortgagee may rasonably <br /> requeat in ordet to effectuate Pully the purpoaes�nd intent henof. <br /> Sectian 4.5 Mortgaga msy at aay time after a defaulc by Mortgagor� without prior notice to <br /> Mortgagor, collect proceeds of the Collater�l and may give notice of assignment <br /> to any and all of Mortgasor's tenanta or users� and Mortg�gor doee hereby <br /> irc�evocably constitute and appoi�Mortgagee It�true ancllawfu! aaora�,y-ia-fact <br /> to enforce in Mortgagor's aune or in MortgxQa's name or otherwise�il rlghta <br /> of Mortgagor in tbe Collataal and w do any sind all things aocessary and proper <br /> w c,arry out the purpa9es heroof; provided, bowever� Mortgs�gor shall b,s�ve the <br /> right to collect, reai��use u1d enjoy such pr�ocads subjecx to the teims henof <br /> • . .. and the doamaenta securing Moctgagor's obl�gationa there.+mder prior W aay . <br /> �, defiult under the Outatanding Notes and Bouda, tbis Mortgige or the other ' � <br /> Opentive Agraflaents. It ia hereby recognized that the power of aaarney herein ` <br /> grented ie cxwpled with aa intenst and s19a11 not be revocable and Mortgagee st�all <br /> h�ve the ri�ht to ca�en�se due powcr of attorney npon �wry defaiilt under the �. <br /> - � t�ufis�n4iag rfotes and�onda. iais.�viotigagc or iuc criacr t�per�iivc/►ar�rnc+ii�, .. , <br /> V. MISCEi.L.ANFAUS�PR0�5IONS. � � � .� <br /> Soct9on 3.1 BY �B PaYment of any sum secured henby aRer ib due d�te or in an <br /> amount leas tlun the sum due, MortgaQa does n9t wuve iu ri�ltts eitber to <br /> �4�P�P�WY�when due of all dher suma ea sxured a to dxlu+� a <br /> defAUlt�a herein provided for fiilure to pay the rotsl wm due. <br /> Section S.2 Mortgaax alWl be subrogated for furtha sxuriry w t�re liea,�tfiouah reka�ed <br /> af exoid� of my ud all a�cumbnaoea paid out of tbc prvoeed� of the lo�a <br /> socured by this Matgage- <br /> Sectiwn 3.3 Moct;agee ia authorized by itaelf. ira a8�. �PbYees a worl�en� upon at <br /> la�at tavo dapa'notice in advance, to enter �t any reaeonable t�e upon anY P� : <br /> of the CoWteral fa the pucpose of inspecting the same. aod for tLe �ucpoee of ' <br /> perEorming any of the �cb it is authorized to perform under tbe t�erma of the <br /> Out�aading Note� and Bonds� this Mortgage, u�d tUe other Operative <br /> A�ramenb. • <br /> A�C AMD R8SM78D Mdl7YiAQL <br /> car r�.i.n.�.�1 26 <br />
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