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-. : . t: ` � <br /> ; ' <br /> � . <br /> � . . . �0�3.01569 - . <br /> 9��9� � <br /> r --_ -- -- . � <br /> 3.2.5 upon or at any time after the filinq of any , <br /> � com�+laint to foreclose the �fen of thi.s Mortqage, the court may, � <br /> � ujpon appli�ation, appoint a receiper of the Mortgaqed Property. <br /> Such appointment may be made either before or after forec3osure = <br /> • sale, with notice to Mortqaqor; without regard to the solvency or <br /> ' insolpenc�� at the time of app�ication for such rece�ver,_ of the <br /> person or persons, if any, liable for the payment of the <br /> � Indeb�edness; without regara to the value of the Mortqaqed Propertg <br /> at such time and whether or not the same is then occupied as a <br /> homestead; and without bond beinq required of the applicant and � <br /> Mortgagor shall not oppase any such appointment. Mortgagee or any <br /> employee or aqent thereof may be appointed as such recei.ver. Such , <br /> rec��ver shall have the power to take possessioa.Q ,�1�t�cL, a�ad care �;:.•:,::.;.- <br /> . . of �e Mortgaqed P�erty, and to �llect al2 r�� �h���`�::d��q �`: �:;;:� :,"�; <br /> �.•:�:�.,..,., <br /> . the pendea�p- c�f s�c� :fa���sure s�it a��i� i.n �e e�'era�.���°a'��L-e • - �, -- <br /> „� .:: . ` and a de€��s�n�.� ���e�e i�toi tqag�r�`'�a�� ar�� c,�ai�esl its��`�.att��+i�,r : � , <br /> '' rights cfr .� irede���i�d�, . durinq �:i� fu�3: s#a�c�.�orp �S�ricd� `�.c�r� � <br /> rede�tion, a�s ��1�� as during any fnrther times c�n Mortgagor mr <br />' .. ::� . . its deviseesr �.�ega.�ess, heirs, exeautors, a����trators, legal _ <br /> . <br /> . regresentatives, � ;�s��cessors, cr assigns, except �or t�e <br /> � sntea�rention of su�h receiver, would be entitled to collect s�ch <br /> rents and shall ha�re all � other powers that may be necessary or <br /> useful in such cases for the protection, poasession, control, <br /> manaqement, and �operation of the Mortqaged Property durinq the • <br /> whole of any such period. Ta the extent permitted by law, such <br /> receiver may be authorized by the cour� with such rigrits and powers <br /> as are provided herein, it .beinq understood and agreed that any <br /> �such Leases, and the options or other such provisions to be : � <br /> � contained therein, shall be bindinq upon Mortgaqor and all persons . <br /> whose interests in the Mortgaqed Property are subject to the Lien <br /> hereof. and upon iche purahas�r or purchasers at any such • - . <br /> foreclosure sale, not�rithstandinq any redemption from sale, :�. <br /> dfsaharge of indebtedness, satisfaction of foreclosure decree, or : <br /> issuance of certificate of sale or deed to any purchaser. �' <br /> Y <br /> . v� <br /> i <br /> SECTION 3.3 ����,�of _Mortgaaed Prouertv if Event of <br /> Default OCCUrs; Proaeeds of Sale. <br /> 3.3.1 On the completion of any sale or sales by ' ' <br /> , Mortgaqee made under or by virtue of this Artacle 3, Mortgaqee, or ,�� <br /> an officer of any court empowered to do so, shall execute and , <br /> deliver to the a�cepted purchaser or purchasers a qocd and �� . <br /> sufficient fnstrunent or instruments conveyinq, assigning and ;` �� <br /> transPerrfng all �tate, right, title and interest in and to the <br /> property and rig�t�s sold. Mortgagee is hereby irrevocably ` <br /> appofnted the true and lawful agent and attorney oP Mortqagor, in <br /> its name and stead, to make all necessary conveyances, assignments, <br /> transfers and deliverfes of the Mortgaged Property and riqhts so <br /> - � � - sold, � -and-�for� that--�-purpose _Mortqaqee. may... execute all .. necessary . <br /> -- - �----�-�--- ... .. <br /> � instru�aents oP conveyance, assignment an8 transfer, and may <br /> subatitute one or more persons with like power, and Mortgagor <br /> hereby ratifie� and confirms all that Mortgagee, aCtfng as its <br /> -Z2- <br /> . . . . , �;.. <br /> . . _.. _. _ ..... : .. . _ . _ . . . . . .. . _/. ��. _ <br />: � • � . � � .� <br /> a <br /> rr. <br />: ��. <br /> r' <br />. . e - � <br />