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' <br /> - . : - isediatst� aw .aad Pal�ls'vithout pr�ssataa�t. de�d. Prot�st or � <br /> � � . Yatice of asq Ic�.:rd, all af�hich.a�� beieb� �spr�ssll�nived� ` . <br /> - . � SSClI�F�4.03. �irLt of!lortr � � �id on �(oit�a�,Yrog�mr: <br /> __ , • .At aa�,i aaie ti�rrastaadas !(art�ee sball Ifsve tlae ri�t to bid €os snd,parchssa ` <br /> - • t�e Aoit�sed Praperty. or swcb past ��teof as sh�Ii be of#ered for �sle,��tnd - <br /> - 2fort�aae� �sy �pPly;in settleaent of the puuccbase_p�cice�of the property so <br /> - � Purc�asad :�be Porti.on of the net proceeds of snch ssle vhicb �ould be <br /> � . � applicabla fo the�pa�nt on �tccouat of the princfpal of aud iaterest ria tbe , <br />_ � . °Note bpld by l�ort�naee and such aa�tt so applied sl�sll be credited as a . <br /> ::. <br /> � __ pap�►t oa aeco�mt_of pziacipal of aad iater��t oA the_�ote held by llortgagee. . <br /> -' • _ SP.CrION 4.04. ` � �►_�Dlfcation of3roc�l�L'�..R4�,dia1 Actions: , . <br />- • ` AAy procs�ds�of fwnds ssisi� firo� tbe exercisa of aay ri6h�s or eha � � : <br /> : �'��._ ' � e�afoscersAt of aay reaedfes hereia psovided aftet the paq�e�{t �or pravtaion for , � . <br /> -- , �t�e psy�ent of aay and all costs aad expan�ut in co�ectioa vith tbe exercise . <br /> of �uucb tights or ttu eAforcesent of snch re�edies shsll� 6e applied fizst, to <br /> - - the �pAyiani of iadebtedn�ss hereby secured other tban the pzi-ncipal of or <br />°� � .� intesest on tUe Potes; second, to tYie ratable paywent bf interest vbiah shall ' <br /> • t "�'° y" have accsuad on tbe Notes a:td vhicb ahall be� aapaid; third, to the ratable � <br /> � -�_ <br /> ;� _ ��'� - paysent of or on accouat of the uapsiA psincipal oP sAe Nous, aitd cfie . <br /> . .�,,•,:� .. <br /> �.,��:.�,_�.,�. ..:_`.: balaace� if any, shall be paid to vhosoevar shall�ba entitled thereto:. , - <br /> �,--t, � � : � � . �� <br /> - , �, � ' SECTIdH 4.05. Notice af Def.ault: Tha Moztgagos coveaants that � �" • __ <br /> : it vill give proApt wtitteA Aotice to Kottgagee of the occurrence of an Event t '-'��" <br /> y ""`�'''� z''`~� of Default or aa event wbtch, vitt� the giving of notice or lapse of time os �'�"'`�='- <br />` .`� Jt:- :��"r`� � botb, �rould coAatitute an Event of Default. , ' `''�'�` <br /> 1_ _ '' - � r.it_,a <br /> • - - . • • . SECTION 4.Q6. Rentediea Cwnuiative: No 8lection:• Evezy �i�tt .;n;;;;-> <br /> •�r- '.,'' . _ ' os rene�j► heieit� �onfersed apon or resesved ta Mortgagee attall be au�aulative - <br />_: :�,.:,, .•: �� �� and shall be in addition to every other right and renedy givea hereunder or � _ �.�5.- <br /> �r�=;;. ._��, nov or hereafter existing at law, ar in, equity, or,by statute. The pursuit of . <br />�` "'"i'�-- " :-� ary"sight or resedyr ahall not be canstrued as an electio�. � -""_ <br /> �.�.;"'� • , � :�!-'�C='�C - <br /> �TZ.-� •.. . . � � n .� <br /> Y{••_� . . v :a,.5�i ._.�_. <br />�.. � . ' SECTION 4.07. tiaiver�af Appraisemenx Ri��: The Mortgagos. - -,..��L: <br /> � � for itself and all vlto may claia thzough or ui�des it, covenants that it will � ��`�` <br /> '", � �"� t� , . � not at any tiaa insist upon or plead, or in aay aanner vhatever claia. or take f .:- - <br /> � '`� � the bene£it or advantage of, aAy appsaiaement, valvation, asay. extension or � . <br /> �. - <br /> � •�.� • � � - redeaption laNa moa or hereafter ir force in any locality where any of the • � • . <br /> ��p:,->: :, �.,'� . I�tortg,aged Psopertq aay be situated, iit order �u prevent. delay or hinder Lhe. � � <br /> �,. .: _ . 12 , � , <br /> � .�;;.". . <br /> _ r^: , , . <br />_ k. . ` ' . . . . 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