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i' � � �.• ' � .�.o��zQ � prinaipal remai�iing unpaid on the Nota or � ote es�ured by the Guaranty and any amaunts due undar t iaranty or this Mortgage and ell aecrued int�rest thereon : 9ately due and payable and the Mortgagee may at i1 �tion institute , proceedinge for the colleotion at law ar in � � of all indebt- ; ednesa du�a under the proviaiona of the l the Quaranty and thia Mortgage. Section 3.3 Upon the accurrence of any default hereun� Kortgsgee may immediately cause this Mortgage to be forec] in the maaner preacribed by law and, upon the comme�nce of foreczloaure proceedings, Mortgagee shall, to the fulle: tent permitted by law, be entitled to have a receiver app i whether the Collateral be homeatead or not and witb proof of any �' grounds for auch receiver's a �� � ppointaient ar than said , ,� ; , default with auch receiver to take po$sesa �nd charge of � ��- �-- _. � � : the Collateral during the peadency of said fi sure prviceed- inga snd during any period permitted for : �ption or atay - of praceedings, to rent the same and to recE nd collect the - rents, isaues and profits thereof, under dir � of the court � and any amount so collected by such receivi all be applied under direction of the court upon the cost� expenses of receivership, expenses of insurance on � Collateral, ,;�, expenses of management, repairs and ma ance, taxea, �� t. � , : assessmenta and on all indebtedness secured da Mortgage. ' Mortgagee shall have the right to bid at an ecloeure sate � and to obtain a iudgment in reapect to � deficiency. � Mortgagor agrees in the event of foreclosu: �oceedings to 42 �_---_,_ _ I i 1 ; � . � J � . � . r' x,- ., � �