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iI ix ••it '' .. • _ - -_ r • ry...y.,"""T„ ( p •r•wti.ryg,•. ,•• • ......,.,., .._U.tte y . WE?..... ... ...,,.mm Ida ..... w ..,.... ,- ;', .:...w.: ...-.. , t .. ,.-.. tneW.. . 1K,. ..,- ..._.. That in case of failure to perform any of the covenants herein, the Mortgagee may do on the Mortgagor 'sbehalf everything; + so covenanted ; that the Mortgagee may also do any actit may deem necessary to protect the lien thereof; that the Mortgagor will . ' repay .'upon " demand any moneys -paid or disbursed by the Mortgagee for any of the above purposes , and such moneys together with F ., , interest thereon at the rate ' provided in - said note shall become so much additional indebtedness hereby secured and may he in �,' chided in any decree foreclosingthis mortgage and be paid out of the rents or proceeds of - sale - of said- premisesifnot otherwise ' paid ; that it shall not be obligatory upon the Mortgagee to inquire into the validity of any lien, encumbrances. or claim in ad- vancing moneys as above : authorized, but: . nothing : herein contained shallbe construed as requiring the Mortgagee to advance any - moneys forany such:purpose nor to do any act hereunder; and that Mortgagee shall not incur any personal liability because of any -- thing , it :may dooromit,to do hereunder. _ In the eventof the default byMortgagor . in the payment of any installment , as required by the Note secured hereby. in the performance of the obligation in this mortgage or in the note secured thereby, the Mortgagee shall be entitled to declare the debt . secured .hereby. dueand payable without notice, and the Mortgagee shall be entitled at its option, without notice, either by itself or by :a receiver to ' beappointed by the court thereof. and without regard to the adequacy of any security for the indebtedness se cured- hereby, to enter upon andtake 'poskesalon of the mortgaged premises, and to collect and receive-- the rents issues- and profits' . thereof, and`_ apply - the same, less costs of operation and collection. upon the fl indebtedness secured: by this mortgage; : said rents; -. issues and profits being herebyassigned to the Mortgagee as further security for the payment of all indebtedness secured hereby. . The Mortgagee shall have the power to appoint any agent or agents it may desirefor the purpose of repairing said prem. lees; rentingthe same ; collecting the rents, revenues and income, and it may pay out of said income allexpenses , incurred- in rent- ing and managingthe same and of collecting the rentals therefrom. The balance remaining, if any, shall be applied toward the discharge of the mortgage indebtedness. This assignment is to terminate and become null and voidupon release of this mortgage. to i ' , t k ' _ ; . o _ i i • ! "4 . _ , t, !F .-- . w._ - ---:. -- y . .'34 '1,1L. I_ • e - I I