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bk F 'F3 That in case of failure to perform any of the covenants herein . the Mortgagee may do on the Mortgagor'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 . ? 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 he in. eluded in any decree foreclosing this mortgage and be paid out of the rents or proceeds of sale of said premises 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- vancing moneys as above authorized, but nothing . herein contained shall be construed as requiring the Mortgagee to advance any t moneys 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 door omit to do hereunder. In the event of the default by Mortgagor in the payment of any installment. as required by the Note secured hereby. or 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 due and payable without notice, and the Mortgagee shall be entitled at its option, without notice, either by itself r or by a receiver to be appointed by the court thereof, and without regard to the adequacy of any security for the indebtedness se- 4 cured hereby. to enter upon and take pas§ession Of the mortgaged premises, and to collect and receive the rents. issues and profits y thereof, and apply the same, less costs of operation and collection. upon the indebtedness secured by 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 the power to appoint any agent or agents it may desire for the purpose of repairing said prem- <, .. . . 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 the same and of collecting the rentals therefrom. The balance remaining, if any, shall he applied toward the discharge of the mortgage indebtedness. This assignment is to terminate and become null and void upon release of this mortgage. k. V 0% e IN - 1 t IT m ti � F.,,2Gs0 CD p Vex ; a tn = ^, 3 o 0� rim— ' ^ t s 1 1 0 rn t �j • in V \ ..• Q1 � � ; , , •; . 't91,- . Le L J C . : i