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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
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98110432
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� ..... .. .._._-�,...-�..,-,�,.r: . � . .. - . _ <br /> �->ca�Me��*r:1�,-Ri�� <br /> •�S',�k•�r�Y��i�.i�tt,�"�f�i..v. ._ <br /> ' �._ ___. .--.-. .. .. - <br /> ..... ... ... .. ... . _._._.... _ . . ._..... .. .. <br /> 9$- �.iO4�2 <br /> deem necess�ry to protect the aocurity hercof; appear ir�and defend any action or <br /> proceedinga purporting to affect the security hereof or tbe ri�tts or powers of <br /> Mortg�gee; pay, pur�hase� cantest or cornpromisG any encumbranca, charge or <br /> lien whic.h,in tve judgment of Mortg�ga,appears to be prlor or superior hertto; <br /> _ and, in exen;ising any such powers, pay necessary oxpanses, employ counsel an�i <br /> pvy theic rea�onable attorneys' fees. Mo�tgagor shAll pay immodlately and <br /> without demswd all sums oxpended by Mortgaga in accordance with the <br /> proviaions of this Mortgage with interest from tho date of expenditure At tha <br /> . D�fault Rate. All such suras so expenciod by Mattgxga shall, until paid, be <br /> xidod to aud became a part af the debt secured hereby and with the same priarity <br /> of licn. <br /> J. Co e n9�on. <br /> Soction 2.20 If tLe Callateral�or any part tl�ereof� is taken or damaged by rea4on of smy public <br /> improvaneat or condennnation prc�ceeding, or in any other manncr, Mo�tgagee <br /> shall be endtlod to all compensation,awards and other payments or relief therefor <br /> w which Mortgagor shall be eneitled, and shall be endtled at its option to <br /> commence,appear in and prosocute in its own name any action or procceding ar <br /> to malce any compromise Qr seuleaxnt in conuectioa with sucb taking or damaat . <br /> to the extent of the inteiests of Mortgagar the�+ein, All such compcnss�ion. <br /> awards. danwges, righ�s of ection and proceeds to whiCh Montgagor st�all be <br /> taCitlod are hereby assigned to Mortgaga, �vho sLal1 after deducting tLenfrqm . <br /> oll �ts reasonable expen,9es, including attorneys' fees, �pply or release the � <br /> nmainiag procoeds thereof with the sazne effect and as pmvided in�pg . . <br /> �•► !��� �"�"•��;�f�=.t?aL 2-1ti a�,ve:�iu`;ic��,a:i w ui;qx�siaon oi insuraacx <br /> proc�eeda, in the sole discretion of Mortgaga; provided. that if thene sire any ; <br /> ezcess procerds after application thereof to any rdtoratian of the Callateral, , <br /> Mortgagee sl�aall be entiued�to apply such excess to the reduction of tl�pt�incipal <br /> b�lame due under the Not� without any adjustinent in the dollu amount of t1�e <br /> , montbly inst�llmants duc umder the Note, Mortga,gor agroes to aaecute wuh <br /> further assignments of any:such pmcads as Mortgaga may require. ' <br /> '�. '�Ct1b ��'„n�4: AR�Si��t nf Rnnre <br /> . - <br /> Section 2.21 �lortgagor st�rll noc enter inw any lease or sublwe Of IIIIY pOf�IOD Of f�C <br /> CpUateral� except for t1�c"Permitted Lx.ases, without t6e p�rior written approv�l of <br /> INortgaga. Mortgagor.s'hall not modify any such leaae without the prior writtea <br /> . �� consent of Moztgaga. Mortgaga sl�all not accept prepayments of reat on any <br /> lea�e,includimg the Penmitted I,eases� for aay periad in excess of two awnths and � . <br /> slull perform all covenants of the lessor under�ll leases affxtang tbe �ottpcaal� <br /> including the Permitted I,�a4es. The term "le�ses" aa used herein includes any <br /> �xtensions or ren�w�ls and any amendmeats cunsented ta by the MoRgagor. ` <br /> 21�Iortg�gor shall not amend or terminate any leaxs, including the Permitted , � <br /> AI�IBNDBD AND R&�T�178D MORTOAUB <br /> . ca�w w.a.w.a..b) . 14 <br />
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