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20. As additional -.security for the sums secured by <br />.this mortgage, and the performance of Mortgagor's obligations,. <br />covenants and agreements.herein.contained, Mortgagor hereby <br />grants to Mortgagee, its.successor.s and assigns, a security <br />interest in and to all personal property now owned or.'' reafter <br />acquired by Mortgagor and used. in connection with the••maintenance <br />and operation of the premises; including without limitation •all <br />equipment and all inventory held for lease or use by others. <br />Mortgagor' agrees to'execute and deliver from time to time financing <br />statements and such other instruments as may be requested by <br />Mortgagor to perfect, confirm and:further evidence the security <br />interest•hereby granted. As further additional security for the <br />sums secured by this mortgage, and the performance of Mortgagor's <br />obligations, covenants and agreements herein contained, Mortgagor <br />hereby grants a_security.interest in, and transfers, sets over <br />and assigns to Mortgagee,. its successors and assigns, <br />(a) any and all awards or payments accepted in lieu <br />thereof,-includ.ing'interest thereon., and the right to receive•the <br />same, which maybe made with respect to'.the premises as a result <br />of (i) the exercise of the right of eminent domain,•'(ii) the. <br />alteration of the grade of any street, or (iii) any other injury <br />_to or decrease in the value of the premises, to' the.extent of all <br />amounts -secured by this mortgage at the date ofreceiptof any <br />such award or payment by.:Mortgagor and to the extent of reasonable <br />counsel fees,,costs and expenses incurred by Mortgagee in connection <br />with the enforcement of ,this assignment and right and the collection <br />of any.such award or. payment, and <br />(b) all rents', issues and profits of and from the pre- <br />mises from time to time accruing,. under all leases and tenancies <br />now existing.or hereafter created, provided, however, Mortgagor <br />reserves the right to receive and retain all such rents, issues <br />and profits so long as there is no default under the terms of <br />this mortgage or the note secured hereby. <br />Mortgagor shall execute and deliver from time to time <br />financing statements; a conditional assignment of rents by -sep- <br />arate instrument and such other instruments as may be requested <br />by Mortgagee to perfect, -confirm and further evidence the se- <br />curity interests -and assignments hereby.granted. <br />21. Pursuant to the hereinabove described conditional <br />assignment of rents, issues and profits of the premises, Mort <br />gagee is hereby empowered, immediately upon and during.the con- . <br />tinuance of any default, neglect, breach of any of the covenants <br />:and conditions set forth in this Mortgage or the note hereby <br />secured, to enter upon and take complete possession of and exer- <br />cise full management and•control of and over the premises and <br />every part thereof -and to lease all or any part thereof on such <br />terms' and for such periods as to Mortgagee may.seem.advisab•le and <br />to collect and receive all rents, issues and profits thereof, <br />whether.overdue, due or to become due,, and to apply the same, <br />after payment of all expenses incurred in managing the premises <br />and incollecting and handling said funds, against necessary re <br />pairs,,taxes, assessments, public charges, governmental liens and <br />insurance premiums and then on account of any portion of the sums, <br />hereby secured, all without first applying for a receiver. <br />Mortgagor further covenants that immediately upon Mortgagee's <br />request, Mortgagee shall.be entitled to the.full and complete <br />