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009.19 <br />collect, receive and sequester the rents, revenues,,, is'sues,, <br />earnings, income:, products and profits therefrom and, out of the <br />same any moneys received from any receiver of any part thereof <br />- pay, -and/or set up proper I eserves for-•thepayment of all <br />.proper costs and expenses of so taking, holding and managing the <br />same, including ;reasonable compensation to the Trus',tee,- , its <br />agents and counsel, and any charges of the Trustee hereunder, and <br />any taxes and assessments and other charges prior•.t'o the lien <br />of this Mortgage which the Trustee may deem it wise to pay,. and - all expenses of;such repairs and improvements, and apply the: <br />remainder of the moneys so received by the TrusteeIn accordance <br />:with the provisions of Section 908 hereof, Whenever all that is <br />due upon such bonds and installments of interest under the terms <br />of this Mortgage shall have been paid, and all defaults. made good,'' <br />the Trustee shall surrender possession to the County, its successors <br />and assigns, the same right of entry, however, to'exist upon any: <br />subsequent event of default. <br />While in possession of such property, the -Trustee shall render <br />annually to the County, to the Lessee and toithe owners of the bonds <br />at their respective registered or last -known addresses a summarized <br />statement of.income and expenditures in connection'Itherewith. <br />Inthe event of any such default, as defined in Section.901 <br />of this Mortgage, the lien on the Project created and vested, by <br />this Mortgage may foreclosed either by'public sale or by <br />proceedings inequity, and the Trustee or the owner or owners of <br />any of the bonds then outstanding, whether.or not then in default;'; <br />of payment of principal or interest, may become the purchaser at <br />any foreclosure sale, if the highest bidder;.; <br />In the event the Trustee purchases the; :Projectat any such . <br />foreclosure sale, it shall have the right and authority to manage_,_ <br />.lease and sell; the same on whatever terms and conditions it deems <br />to be in the best interests of the owners of the;bonds, including <br />determination as to price and method of payment, including the <br />carrying back of part or all of the purchase price by notes and <br />. mortgages: <br />IX -3 <br />