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89106829
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Last modified
3/7/2012 4:24:33 PM
Creation date
10/20/2005 10:25:50 PM
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DEEDS
Inst Number
89106829
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, .._ . � � <br /> : �39-�.068�4 <br /> aFFect the aecurlty horeof or the rights or ppWA�'8 of <br /> rt�'iortgagee; pay, purehase, canteat or comprotniee any <br /> enoumbrance, oharge or lien whiah, iu the iudgmQ►nt of Mortga- <br /> gee, appears to be prior or aupertor l�ereto; and, in <br /> exer�ising any auoh powera, pay neceasary expensea, employ <br /> counsel and pay their reasonable attorneya' feea, Mortgagor <br /> ahall pay immediately and without deuaand all awns expended <br /> by Mortgagee in accordance with the provisions of thia <br /> Mortgage with intereat from 4he date of expenditure at the rate <br /> � of 11.45� per anaum, A11 auch aume so expended by <br /> Mortgagee ahall, until paid, be added to and beconae a part of <br /> i the debt seoured hereby and with the same priority of lien. <br /> � J. Coademnation. <br /> ' - <br /> Section 2.20 If the Collateral, or any part thereof, ia taken or damaged by � <br />- 1 ,: <br /> reason vf any pubiic improvement or Condemnation proceeding, ,. ;''� <br /> s :� <br /> or in sny other manner, Mortgagee ahall be entitled to all - <br /> - _ . .� - <br /> compenaation, awards and other psyments or �elief therefor to <br /> which Mortgagor shall be entitled, and ahall be entitled at its <br /> � option to commence, appear in and prosecute in its own name <br /> � any action or proceeding or to make any compromise or � <br /> , settlement in conneetion with such taking or damage to the <br /> extent of the interesta of Mortgagor therein. All auch � <br /> .-T,4,,. <br /> �.lY__ <br /> compensation, swarda, damages, rights of Sction and proceeda <br /> �.- <br /> to whieh Mortgagor shall be entitled sre hereby aseigned to -� <br /> Mortgagee, who shall after deduoting therefram all ita . _ <br /> reasonable expenses, including attorneya' fees, apply or <br /> release the remaining proceeds thereof with the eame effect � <br /> 28 <br /> ;-,_-�--_ <br /> U � <br /> � <br /> i ' <br /> � � J <br /> ti <br /> . � ?.�" <br /> ` I ._J <br /> L._. <br />
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