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<br /> (b) Mortgagee may obtain a decree fareclosing Mortgago�'s interest in alt or any part of
<br /> the Property. If pern�itted by applicable law,Mortgag�e may foreclose b4ortgagor's interest in all
<br /> or any part of the Property by non judicial sale;Mortgagee may sell,lease or otherwise dispose of
<br /> any Property at one or more private or public sales,whether or not such Property is present at the
<br /> place of sale,for cash or credit or future delivery on such terms and in such manner as Mortgagee ,T
<br /> may detexmine;
<br /> (c) With respect to all ar any part of the Property that constitutes personal property,in
<br /> addition to the rights provided herein,may exercise the rights and remedies of a secured party uncler
<br /> the Uniform Commercial Code;
<br /> (d) Mortgagee shall have the right,with five(5}business days'prior written notice to
<br /> Mortgagar,to take possession of the Property and collect the income,including amounts pa$t due
<br /> and unpaid�d aPPly the net proceeds,over and above Morkga,gee's costs,against the indebtea�ness
<br /> under the Notc. In furtherancr,of this right,Mortgaga m.ay raq►ure anY tenant or othtr user to make
<br /> payments o£nnt or use fees dircctly to Mortgagee. If the income is eollected by Mortgagee,ttien
<br /> MortgagAr irnvacably d�signates Mortgagee es Mortgagots attorneY-in-fact to endorse instcurnents
<br /> recrived in paYment thcreof in the nume of Mortgagor and to negotiate the same and collect the
<br /> procecd.g. Payments by tenants or other users to Mortgagee in respnnse w Mortgagex's demand shall
<br /> sarisfy tha obligation for which payments are made,whether or not any pmper giounds for the
<br /> demand existecl. Mortgag�e muy exercise its rights under this paragraph either in person,by agent
<br /> or tluough a receiver;
<br /> (e) Mortgagee shall have the right to have a receiver appointed to take possession of any
<br /> or all of the Property,witt►tha Power to protect and pn�:rve iti8+'IaF'-I��,LC LF=2�'"�1�Pm�r_.rtv
<br /> precedin8 fonclosure or sale,to collect the income from the Property and to apply the nroceaLs,over
<br /> and above cost of the zxeivership,against the indebtalness. The receiver may serve without bond
<br /> if permittcd by law. Mortgagee's right ta the appointment of a receiver shall�xist wh�:tlxr or not
<br />- apparent value of the Pro�erty exceeds the indebtedness by a substantial amour►t. Employment by
<br /> Mortgagee shall not disqualify a person from serving as a receiv�r,
<br /> (fl In the event Mortga�or rcmains in possession af the Propccty after the ProPeriY is sold
<br /> as provided above,or Mortgag�e otherwise becomes entitled to F°sseSSion of the Property upon
<br /> default of Mortgagor,Mortgagor shall become a tanant at will of Mortgagee or the purchaser af the
<br /> propecty and shall pay a reasonable rental for use of the Property while in Mortgago�'s possession;
<br /> and
<br /> (g) Mortgagee shall Lave any othGr right or remedy Fmvidcd v'►this Mortgago,the Note
<br /> or any other instwnent delivered by Mortgagor in connecrion therewith,or a�ailable at law,in
<br />— equity or otherwise. _
<br /> 9,2 Righ�or Receiver_o�g�g�in•Pos� tior� Upon taking possession of all or any
<br /> = part of the Property,the receiver or Mortgagee may:
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