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201508262
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Last modified
7/21/2017 2:07:31 PM
Creation date
12/7/2015 9:40:15 AM
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DEEDS
Inst Number
201508262
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2� 15�82�2 <br /> prof�ts�hereof, includ�ng those pas�due and unpaid as v�el�as those accruir�g <br /> th�reunder,Mortgagor fur�her agrees that Martgagee may als� immed�a�ely <br /> take passession of and use any and a��personal proper�y cont�ained in.the <br /> Premises and used by Mortgag�r in.the operatiion,renta�ar�easi.ng af the <br /> Premises or any part�hereof.Mor�gagee may,a�i�s optian,app�y a��such <br /> ren�s, issues and profits collec�ed ar recei�ed by�f in the manner h�reinafter <br /> S�]�C1�1�C�,The e�pense�includ�ng rece�vers'fees, if any, an�campensation to <br /> any ager��appoir�ted by Mor�gagee for management of the Premises and <br /> repairs ta�he Premises and�ouns�� fe�s and cas�s and disburs�men�s} <br /> incurred in talcirig possession and effe�ti�g such co�lecti�n, sha�l�e deemed a <br /> por�ion of�he e�pense of thxs Mortgage.N�ither th�ent�ring upon and takir�� <br /> possessian of�he Premises nor the c��lection�f such ren�ts, issues and profi�s <br /> and�he app�icatiori or rei�ase thereaf as aforesaid shal�cure ar�a��e any <br /> defaul�. Said r�n�s, �ssues and prof ts may be appiied upan any indeb�edness <br /> or obliga�i�n�ecure�hereby in such order or maruaer as Mor�gagee may <br /> desxre or d�termine. <br /> �b} At Mor�gagee's optior�, Mor�gagor's interes�s in any or al� �eases, ar�d <br /> Martgagor`s in�eres� in a�l agreements, contracts, ��censes and permits <br /> affecting the Premises, such assignmen�s t� be made by instrumer�ts in form <br /> satisfactory t� the Martgagee; but n� such assignmex�t shall �e construed as a <br /> consen�by�he Mor�gage�to any �eas�, agr�ement, contract, license or permit <br /> so ass�gned or to impose upon the M�rtgagee any �bliga�ions v�►rith respec� <br /> �here�o. Mor�gagor sha�l nat lease ar permit any par�y�o l�ase an�p�r�ion of <br /> �he Premises without consen� of N�ortgagee on terms and �andit�ans as <br /> Mortgagee, in Mor�gage�'s s�le discret�on, shall approve, nor cance� any of � <br /> the leases now ar hereafter assigned t� Mortgagee pursuar�t to �his paragraph, <br /> nor termina�e ar accep� a surrender�hereof, or reduce�he paymer�t �f�he ren� <br /> thereunder, or madify any of said leases or• aceept any prepayment of rent <br /> �here�n�except any amount�vh�ch may be required ta b�prepaid by th��erms <br /> af any such lease) wi�hout f rs� ah�a�n.�ing, on each occasi�n, the written <br /> approval of Mor�gag��. Mortgagor w�ll fai�hfully keep and perform al� of the <br /> obligat�ans of the�and��rd under a11 of the�eases nov�or hereafter assigned�a <br /> Mor�gagee pursuan� to �his paragraph and �ill not permi� �a accrue �n any <br /> �enant und�r any such �ease an�righ�to prepayment pursuant ta the terms of <br /> an� 1eas�, other than the usual prepaymen� of rent as would resul� from the <br /> acceptance on the �.rst day af each m�nth �f the ren� far th� ensuing manth, <br /> ac�arding�o the terms af the variaus leases. <br /> �c} All damages, royalties and revenues of every kxnd, nature and descriptian, <br /> �vha�soe�er, tha� Mortgagar may be enti�led ta reGeive fram any persan, <br /> company or corpora�ion owrung, having or hereafter acquiring a righ� �o �he <br /> oi�, gas or mineral r�ghts an� researva�ions of the Premises, with �he right i.ri <br /> Mor�gagee to rece�ve, rece�pt therefor and app�y the same to sa�d <br /> indebtedr�ess, either �efore �r aft�r any defau�� hereur�der, ar�d in such order <br /> ar mann�r as Mortgagee rnay requ�re ar determine; and Martgagee may <br /> demand, sue for and r��over any such payments but sha11 no� be required t� <br /> do s�. <br />
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