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w I 141•4114.4 • ',: I IP • .. T.hat. iricase of failureto perform any of the covenants herein, the Mortgagee may do on theMortgagor's behalf everything so covenanted; that the Mortgagee may also do any act it may deem necessary to protect the lien thereof:, that the ?Mortgagor will ,•, t • ' repay upon demand any moneys paid or disbursed . by the Mortgagee for any of the above purposes, and such moneys together with • ' interest thereon at the rate provided in. said note shall become so much additional indebtedness hereby secured and may be in- eluded in; any dceree foreclosing this mortgage and be . paid out of the rents or proceeds of sale of said, remises if:'.not otherwise paid; that it. shall: not be obligatory upon the Mortgagee to inquire into the validity of any lien, encumbrances, or claim in ad• 3` 1 • " venting moneys as:above authorized, but nothing herein. contained shall , be construed as requiring the Mortgagee to advance any ax itroneys for:any such purpose nor to do any act hereunder: and that Mortgagee shall not incur any personal liability because of any- thing it may do or omit to do hereunder. yrs In the event of the default by Mortgagor in the payment of any installment, as required by the Note secured hereby. or k4.... .. in the performance of the obligation in this mortgage or in the note secured thereby. the Mortgagee shall beentitledto declare the t r, 'debt: secured hereby- due and payable without. notice, and the Mortgagee.shall be entitled nt its option, . without notice, either by. itself _ - or by a receiver to be appointed by the court thereof. and- without regard. to the adequacy of any security fcrr the indebtedness se- ! cured hereby, to enter upon and take possession of the ' mortgaged premises, and to collect and ' receh'e the rents. issues and profits thereof,: and apply the same, less costs of operation and collection, upon the indebtedness securedby this mortgage; said rents, . issues and profits being hereby assigned to the Mortgagee as further security for the payment of all indebtedness secured hereby. The Mortgagee shall have thepower to appoint any agent or agents it may desirefor the purpose of repairing said prem• 4 ... . ises; renting . the same; collecting the rents. revenues and income, and it may pay out of said income all expenses '.incurred in . rent- - . ing and - managing thesameand of collecting '.the.- rentals therefrom. The balance remaining. ifany, shall be applied toward the . . .. discharge: of the mortgage :indebtedness. This assignment . is to terminate and become null and void upon release of this mortgage. _ ' '.. • A� , - i• - - s.? ' . e c. m jet nthh -n r, r n tit ♦ } • � o T t Lfr.." Cr . -e - 1, 11 xti- mZ -_ , . o v i .. • s ;. .140 i . t .. . I