r
<br />L
<br />89-- 140858
<br />all such other remedies as may now or hereafter exist at law
<br />or in equity for the collection of the Secured Indebtedness
<br />and the enforcement of the covenants herein and the foreclo-
<br />sure of the liens evidenced hereby, and the resort to any
<br />remedy provided for by thin Mortgage or by any other,..sitcurity
<br />now existing or. hdrea:ftei .:"` 1" en, .! ; irTp any-law, _ to ae r��.:.:?sr
<br />enforce payment: of the �tii'_;��rteeisi�s�s.;.. .ix�Lsr�� . �r in
<br />part, ahal'T nq prvai . i-:% :.rw : c:.:rf}it, tploy- :.
<br />meat af" a iedy . �� , ; +'ss. o such
<br />action slkt l' .'lam any wise m- � ds►nsiderec ;° °,' y ,;' A of
<br />the irk glit:s� 3 eitefits or � liens euiclenced `b ;s_ ; ortgage or
<br />by.:..Iny other seevri�ty.
<br />(6) The word ".Lease,' as used herein, shall mean
<br />any lease,'sublease or other agreement under the terms--of
<br />which any person other than Mortgagor has or acquires any
<br />right to occupy or use the Mortgaged Property,,,or any part
<br />thereof. or interest therein; and the word "Lassie", as.used
<br />herein, shall mean the lessee, sublessee, tenant'or other
<br />person having the right to occupy or use a part of the Mort-
<br />gaged Property under a Lease.
<br />(9) Nothing herein shall ever be construed as
<br />subordinating this Mortgage to any Lease; provided, haVever,
<br />that any proceedings by Mortgagee to'foreclose this Mortgage,
<br />or any action by way of his entry into possession after an
<br />Event of Default, shall not operate to terminate any Lease
<br />which has been approved in writing by Mortgagee, and Mortgagee
<br />will not cause any Lessee under any such approved Lease to
<br />be disturbed in his possession and enjoyment of the leased
<br />premises so long as such Lessee shall continue to fully and
<br />promptly perform all of the terms, covenants and provisions
<br />of his Lease.
<br />(10) In the event any completed building, or part
<br />of any such bui.ldzTYgr, that is a part of the Mortgaged Property
<br />is not occupied by Mortgagor or under a Lease for any period
<br />of thirty (30) consecutive days, Mortgagee may take possession
<br />of such building, or part thereof, and rent the same upon
<br />such terms and conditions as Mortgagee, in his opinion, deems
<br />proper.
<br />(11) If the Secured Indebtedness is paid and dis-
<br />charged in full in accordance with the terms of this Mort-
<br />gage and the Note and all other instruments evidencing the
<br />Note, and if Mortgagor shall well and truly perform all of
<br />Mortgagor's covenants contained herein, then this conveyance
<br />shall become null and void and be released at Mortgagor's
<br />request and expense; otherwise, it shall remain in full
<br />force and effect, provided that no release hereof shall
<br />impair Mortgagor's warranties and indemnities contained
<br />herein.
<br />(12), The.word "Rights ", as used Herein, shall mean
<br />rights, remedies, powers and privileges, and the word "Liens ",
<br />as used hei;ein, ~hall mean titles, interests, liens and secur-
<br />ity interests. All Rights and Liens herein expressly conferred
<br />are cumulative of all other Rights and Liens herein, or by
<br />law or in egtri'ty provided, or provided in any Other Security.
<br />Instrument executed by Mortgagor, and shall not be deemed to
<br />deprive Mortgagee of any such other legal or equitable rights
<br />and liens by judicial pF ceedings, or otherwise, appropriate
<br />to enforce the conditions, covenants and terms of this Mort-
<br />gage, the Note and any Other Security Instruments, and the
<br />employment of any Rights hereunder, or otherwise, shall not
<br />prevent the concurrent or subsequent employment of any other
<br />appropriate Rights.
<br />-11-
<br />`4% .
<br />I 4f
<br />�.l;1
<br />..
<br />
|