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200109728
<br />Mortgage are now, or hereafter, further secured by security agreements, pledges, contracts of guaranty or
<br />other security, Mortgagee may, at its option, exhaust any one or more of said securities and the security
<br />hereunder, either concurrently or independently, and in such order as Mortgagee shall determine.
<br />11. The Mortgagee, and any persons authorized by Mortgagee, shall have the right to enter and
<br />inspect the Premises at all reasonable times.
<br />12. If Mortgagor should execute any lease of any portion of the Premises, Mortgagor will at all
<br />times promptly and faithfully perform, or cause to be performed, all of the covenants, conditions and
<br />agreements contained in such lease of the Premises now or hereafter existing, on the part of the lessor
<br />thereunder to be kept and performed. Mortgagor assigns to Mortgagee any rents, issues and profits of the
<br />Premises and gives to Mortgagee the right, power and authority to collect such rents, issues and profits.
<br />Provided however, Mortgagor shall have a revocable license to possess and control the Premises and to
<br />collect such rents, issues and profits prior to or at any time there is not an event of default in any payment
<br />required under the Guaranty, or any part thereof, or any other sums or any part thereof, or any other sums due
<br />in accordance with the terms hereof, or in the performance of any of the covenants, terms or conditions
<br />herein contained.
<br />13. In case Mortgagor allows the Premises to be or become subject to any other lien or
<br />encumbrance, whether or not superior to the lien of this Mortgage, or in case Mortgagor fails to pay all taxes,
<br />assessments and public charges as above provided, or in case Mortgagor fails to keep the Premises insured as
<br />herein required, or fails to promptly perform any term, covenant or condition of this Mortgage or other
<br />securing instruments referred to in this Mortgage, Mortgagee may, at its option, without demand or notice
<br />and without waiver of any right arising from the breach of any of such covenants by Mortgagor, pay, remove
<br />or discharge any such lien or encumbrance, pay such taxes, assessments and public charges or redeem the
<br />Premises from tax sale, and effect such insurance, and take such further action as Mortgagee may deem
<br />necessary to cure any such default, and proper receipts for the payment therefor shall be conclusive evidence
<br />of the amounts and validity of such payments, and all moneys paid for any such purpose or otherwise to
<br />protect the interest of the Mortgagee in the Premises shall become due and payable with interest thereon at
<br />the rate of ten percent (10 %) per annum or the highest allowable rate under applicable law, whichever is
<br />lower, until paid, and shall, together with such interest, become a part of the sums secured by this Mortgage.
<br />14. Mortgagor hereby agrees that the Premises constitute a single economic unit and in the event
<br />of foreclosure and sale, the Premises shall be offered for sale as single economic unit and not in part or
<br />parcels.
<br />15. If default be made in any payment required under the Guaranty, or any part thereof, or any
<br />other sums due in accordance with the terms hereof, or in the performance of any of the covenants, terms or
<br />conditions herein contained, or of any securing agreement aforedescribed, time and the exact performance of
<br />each and all of Mortgagor's covenants and obligations being material and of the essence hereof, then, on the
<br />happening of any one or more of such defaults, or at any time during the continuance of any such defaults,
<br />the entire principal sum then remaining and all interest accrued thereon shall, at the election of
<br />the Mortgagee, and without notice of such election, at once become due and payable, anything in said
<br />Guaranty or herein contained to the contrary notwithstanding, and thereupon Mortgagee shall be entitled to
<br />the immediate possession of the mortgaged Premises, together with all rents, issues and profits to be derived
<br />therefrom until the indebtedness secured is fully paid; but Mortgagee shall, in no case, be liable for the failure
<br />to procure tenants, collect rents, or to prosecute actions to recover possession of said premises. In addition to
<br />the foregoing remedy, after the happening of any default under any of the foregoing or the default of
<br />Mortgagor in its performance of the Guaranty, and during the continuance of any such default, or upon the
<br />commencement of any proceedings to foreclose this Mortgage, Mortgagee shall have the right immediately
<br />to ,foreclose this Mortgage and shall have all other rights and remedies that law and equity provide
<br />including the right to enforce the specific performance hereof, or in aid hereof, or upon the commencement
<br />of any other judicial proceeding to enforce any right of the Mortgagee hereunder or under any such securing
<br />agreement, Mortgagee shall be entitled, as a matter of strict right, if Mortgagee shall so elect, without giving
<br />notice to any party and without regard to the adequacy or inadequacy of any security for the Mortgage
<br />indebtedness of the solvency or insolvency of Mortgagor, either before or after declaring the unpaid principal
<br />of the note to be due and payable, to the appointment of a receiver for the mortgaged property.
<br />16. The covenants, conditions and terms herein contained shall bind, and the benefits and
<br />advantages shall inure to, the respective successors and assigns of the parties hereto. The term "Mortgagor"
<br />shall include the original Mortgagor, its successors and assigns, and any future owner of the mortgaged
<br />Premises. Whenever used herein, the singular number shall include the plural, the plural shall include the
<br />singular, any gender used shall be applicable to all genders, and the term "Mortgagee" shall include the payee
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