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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 /> _ .. . � � <br /> ,- <br /> 8N-- �.46824 <br /> and egre�s to an� aud all actlana 4aken or not taken by the <br /> ` Mortgageo of every and any kind or oharaoter whatsoever, <br /> growing out of ar referable to the Mortgageo's possesai�n of <br /> the Collateral or growing out of or referable to any and all <br /> actions taken or not taken by the Mortgagee in the ouetody <br /> �nd preaervstion of the Calla4eral. The Mortgagor hereby <br /> expresaly ecknowlc�dges end agreea that the Mortgagee ah�►ll <br /> not be liable for any loss caused by Mortgagee's faileire to <br /> meet any obligationa �rnposed upon it by Section 9-20? of the <br /> , Uniform Commercial Code or any other law pertaining �o <br /> � poasession of collsteral; and the Mortgagor hereby expreasly <br /> covenants, acknowledgea, and agrees that eny and all aatione <br /> taken or not taken by the Mortgagee in conneetion with the <br /> Mortgagee's using, improving, operating, holding, having � = � <br /> � � <br /> poasesaion of or dealing with any or all of the Collateral and �` <br /> in connection with the Mortgagee's diaposition of any or all of 2.;=_ <br /> the Collateral, shsll not be conaidered as an impairment of any � <br /> collateral given by Mortgagor and the Mortgagor hereby waives _- <br /> any and all rights it anay have, or may have in the future, if � <br /> any, to claim discharge pursuant to Section 3-606 of the � <br /> . Uniform Commercisl Code or any other appllcable law, whether <br /> } <br /> common or statutory. The Mortgagor seknowledgea gnd � '" <br /> agrees, in the event that all or any portion of the Collateral ie •� <br /> �� i; <br />� ; sold or otherwise diaposed of by the Mortgagee pursuant to � '`': <br /> ' the Uniform Commercial Code, that Mor4gagor to the extent of __ <br /> ' its liabillty uaider the Note and the Guaranty shall. be Iiable far <br /> any deficiency due under said Note or Guaranty purauant to <br /> 48 <br /> r-= =- ` <br /> U i <br /> � <br /> ; . <br /> L. " l_ � <br /> �;. <br />: � <br />: . � � <br />_ l_ rJ <br />
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