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<br /> � . . . .90—i0156� � � ,
<br /> �� . . , 90��n . ,
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<br /> �ourth: to the payment of the �hole amount of principal ,
<br /> � then due, o�ing, or unpaid in respect af the I�oans, � to be �
<br /> � applfed fn accordance with the applicable provisions �of the �
<br /> � - Loan Agreement, with interest on such unpairi principal at t2�e . .
<br /> � Default Rate fXom and after the happeninq of any Event af �
<br /> Default �ntil paid in ful2; and . . ,
<br /> . .. ..::
<br /> . , FfS�h: the. ��1us, if any, to be paid to whomever. � � �,
<br /> lawfu�.��:.m�y be ett���_�.ed tc receive such surplus. , . . .
<br /> , ' ` ' . `:� :�.::3:..�;,,. �c�ac�ee may bid for and a��i�e```. �e �
<br /> . •. ,..: � �, ;
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<br /> 1K�"; : e� E�c .. . . �erea�`.�at aa� sa�e ��.��es ms . , ..,:;:.: . .
<br /> r�J�g ���;�crr:.�F'.�:�s�
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<br /> b v�rt�e af this '�icle 3 ari�F�::i.is �iea�. ��. � c�Fi '�r���'ms -: ��
<br /> : . . y �:.� L�� • . . .
<br /> � may make settleme�� for the pura�ase price �a� �w^rediting a�nst . ,
<br /> the purchase price the unpaid amounts due and owinq in respeet of
<br /> the Loans, after deducting from the sales price the �expenses of
<br /> the sale and the costs of the action or proceedinqs and any ather
<br /> sums that Mortgaqee fs authorized to deduat under this Mortgage. .
<br /> 3.3.5 Mortgaqee may ad�curn from time to time any �
<br /> sale by it to be made under or by virtue of this Mortqaqe by ,
<br /> announcement at the time and place appointed for svch isale or for �
<br /> � such adjourned sale or sales, and, except as otherwise provided by
<br /> ary applicab�e provision of law, Mortgagee, without further notice '
<br /> � ar publication, may make such saie at the time and plac�a to which
<br /> the same shall be so aajourned. ,
<br /> 3.�.6 If at any foreclosure proceeding the Premises � . .
<br /> shall be sold for a sum les� tban the total amount of indebtedness •
<br /> �er which judgment is therein qiven, the judgment creditor shal� `
<br /> be entitled to the entry of a deficiency decree against Mortqaqor �_
<br /> and aqainst the property of Mortqaqor for �he amount of such � "
<br /> defi�fency; and Mmrtgagor does �reby irrevocably consent to the . ',.`�"
<br /> apgaintment of a receiver Por the Premises and �he praperty of ' �
<br /> M��tga�g3r and of the rents, issues and profits thereof after such ;
<br /> sa2e and untii such dePicienay decree is satisfied in full.
<br /> � ,
<br /> . ,
<br /> SECTION 3.4 orta�aee�s Additional Remedies in Cas�e of �<
<br /> an Event of Default. � �
<br /> • 'T
<br /> 3.4.1 Mortgagee shall be entftled to r��over �`
<br /> judqment as aforesaid either before, after or during the percdency � . �
<br /> of any proceedinqs for the enfarcement of the provisions ot this � �
<br />, Mortgaqe, and the riqht of Mortqagee to recover such judgment shall
<br /> not be affected by any entry or sale hereunder, �or hy the exerctse . .
<br /> of any other rfght, pnwer or remedy for the enforcement of the
<br /> provisions of this Mortgage, or the Foreclosure of the Lien of this .
<br /> . . _. _.... . ..._. . .Mortgaqe. ....Yn..�ase of.-proceedinqs.�against.-Mortqaqor.-....in .-ineolvency ._. . __ _.____..____
<br /> � oz bankrupticy or any proceedings for its reorganization or �
<br /> involving the liquidation of fts assets, Mortgagee ahall be
<br /> entitled to prove the whole amount of prfncipal and fnterest due
<br /> -24- �
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