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<br /> 98- iso�2
<br /> re�nable aud the Mort�or hereby waivee�uny and al�fucthEr notice of the time
<br /> and placc�ut or �fter which�ny such e�le or other dlapositeon is to be m�de and
<br /> a�roa tlut the Mort�ga may purchaae �it or �ny portlon of the Peroomf
<br /> Coll�ter�l by meane of a privatG �ele to it�tlf. Mort�a�ar acknowled��a,
<br /> eovenanu and �rees that Mort�ga'a eafoccina of rlQhts and remedies �s
<br /> provided hereln ahall nat be considered aa the diachuge or aatisfaction of the
<br /> Mortga�or's obligations under this Mort�ge or the Out�tanding Notea Aud Bonda
<br /> or the otbec Operative Agreementa. The Mortgsigor agrxs that. notwithatandip�
<br /> gny Attempta by the Mort�agee w sall or otherwlae diywse of aIl or any portion
<br /> of the Persomtl Coll�teral� the Mortg�a will not t�xve waived aod noay at it�
<br /> option xvail itaelf of the rights graatod purstnnt to Sectioa 9-SOS(2) of tbe
<br /> Unlform Commerci�l Code. The Mortgagor �cicnowlalgea and agreea that,
<br /> unless ttk Mortgagee avails ita�slf of the righta gr�ntod pursuant to Soctinn 9-
<br /> SOS(2) of t6e Uniform Commercial Code� the proceeda of any disposition af sny
<br /> of the Collateral or any pQrtion thereof, shall be applied pursuant to the
<br /> provisiom of Saxion 9-504(1)and Section 9-504(2)of the Uniform Commerci�l
<br /> Code and that the reasocu�ble expeaus of nt�king, holding, prep�ring for ule,
<br /> selling. leaaing and the like alyll bc incluaive of but not limited to any and all
<br /> attorneys' fees and lega! expen.ses incurrod by the Mortgaga, Tl�ee Martgagor
<br /> . hereby conaents and agrxa to any and all acdona tak�n or aot t�i�en by the
<br /> Mo�tgaga of every smd any kind or clwrac�er whateaevec, �groaring out of a
<br /> referAble w tLe Mortgaga'a posscssion of the Coll�tetAl or growing out of a
<br /> rei�ble to any and all sc�ions taken or not Wcen by tbe Mortgagae in t�e •
<br /> cuatody �nd preaera�tion of the Collateral, T6e Mortgagor l�enby expressly -
<br /> aclaawledges and ag�oes that the Mortgaga shall not b� li�ble for any loee •
<br /> caueed by Mortgagee's f�Wure W mat any oblig,�tione nnpoeed upon it by Saxion
<br /> 9-207 of the Uniform Commerci:l Code or any other 1aw pertaining to poeseaaioa
<br /> of collataal; and die.Mortgagor hereby ex�nesaly covemnta, acknowlal�ea� snd � �
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<br /> �ras ttut any snd�II arctiona t�lcea or not al�en by the Mottg�gee in oonnoction �
<br /> � � � '�;withttte Mortgaga'a�uaing. icnprovinE�opentin8, holding. havin�poe�easjon of '�,
<br /> or dealin��..::with any or all of the Collateral and in cov�ecdon with tbc
<br /> ,:.l�ost�ga'a dispoaition of azry or all of the Collateral,.slull not be oonsidered a� : .
<br /> ;:,�a impairmeut of any cofl�teral given by Mortgag�nr,�nd the Mortgagor i�ereby ::':;:
<br /> waivea a�r and all right�it may have. or may hi'�ve in ttk Putura, if ury.oo cWm � . .
<br /> � disclwrge pu�rsuant to Section 3-606 of the Uniform Ca�,nmorcial Code or any . ..,
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<br /> � otber appl�c�ble law, whether common or staWWry:: '�'6e Moctga�or..,;; �.. .... ... ,�.,.
<br /> ��+�'� � acknowledgea and agt�es. in the event that all or�ny portion of the Collate�al ia :';<;;.
<br /> , soM or dherwiae di�sed of by ttk Mortg�ee pureuant to ttic Uniform
<br /> , Commmercitl Cod�, tliaat Mortgagor w thc �xtent of ita li�biliry undzr the
<br /> .. , oat�xna;ng xocea ana&�nds,mi,a Mort�e ma the otl�er operative w�+eemenn
<br /> . shall be li�ble for any. .d,�ficiency due uader atid 4utatandiag Notes smd Bonda ,
<br /> .,�ursuant to the cecros•af+t�is Mortgage xfter the pmceeda of the diapoaxtwoa of said
<br /> � ��';Collateral.ue app�iac{;:�p�ua�ant w Section 9-504 of tbe Uniforrn �qmcn�ercial �
<br /> , �Code. TTlicc Stilortgagor hereby agxas that it sh�ll and wiU jndemnify and hak(�, � .
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<br /> �eo,►NO Resnrreo�wrcroeas . � �.;.;::.:;' '
<br /> ca�..a wW.�v+�a� � . 24 ' �'�t:�
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