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<br />83-- i)G027$
<br />TOG>:THER with all awards and other compensations heretofore or
<br />hereafter to 6e made to the present and all subsequent owners of the
<br />mortgaged premises, or any interest therein, for any taking by eminent
<br />domain, either permanent or: temporary, of al! or any part of the said
<br />premises or any easement or appurtenances thereof, including severance and
<br />consequential damage and change in grade of streets, which said awards and
<br />compensation are hereby assigned to Mortgagee, and Mortgagor hereby
<br />appoints Mortgagee its attorney-in-fact, coupled with an interest, and
<br />authorizes, directs and empowers such attorney, at the option of the
<br />attorney, on behalf of Mortgagor and its respective successors or assigns, to
<br />ac~jtict nr romr^.ramise the claim for any award and to collect and receive the
<br />proceeds thereof, to give proper receipts and acquittances therefor and, after
<br />deducting expenses of collection, to apply the net proceeds as a credit upon
<br />any portion, as selected by Mortgagee, of the indebtedness secured hereby,
<br />notwithstanding the fact that the amount owing thereon may not then be due
<br />and payable or that the indebtedness is otherwise adequately Secured. Atl of
<br />said property being sometimes hereinafter referred to as the "Premises".
<br />As further security for the payment of aft amounts secured by this
<br />Mortgage and the performance of Mortgagor's obligations, ca~~enants and
<br />agreements herein contained or secured, Mortgagor hereby transfers, sets
<br />over and assigns to Mortgagee all of the rents, issues and profits of and from
<br />the premises from time to time accruing, whether under leases or tenancies
<br />now existing or hereafter created; provided, however, that Mortgagor hereby
<br />reserves the right to receive and retain all such rents, issues and profits, so
<br />fang as there is no default under the terms of this Mortgage, the Note
<br />secured hereby or any other securing agreement now or hereafter given in
<br />connection with this loan.
<br />TO HAVE AND TO HOLD the same unto the Mortgagee and_ its
<br />successors and assigns forever. - -
<br />MORTGAGOR COVENANTS AND WARRANTS that it is lawfully seised
<br />of the premises in fee simple, has good right and lawful authority to mortgage
<br />and convey the same, and will WARRANT ANO DEFEND the title thereto; and
<br />that the lien created by this instrument is a first and prior lien on the
<br />premises. Mortgagor shall keep the premises free from all other liens and
<br />security interests of every kind and will protect the title and possession of
<br />the premises sa that the lien of this Mortgage shall be a first lien thereon
<br />until atl amounts hereby secured shall be paid in full, or if foreclosure sale
<br />be had hereunder, that the purchaser at said sale shall acquire good title in
<br />fee simple to said premises free and clear of any encumbrances.
<br />PROVIDED ALWAYS, and these presents are executed and delivered
<br />upon the foftowing express conditions, to-wit:
<br />THAT if Mortgagor shall pay or cause to be paid to Mortgagee, or
<br />order, the just and fuff principal sum of oxE MILLION tS2,000,D0o.00)
<br />Dollars, with interest thereon according to the
<br />terms and conditions of a certain Promissory Note bearing even rate hprewirr,
<br />and maturing in accordance with the terms and conditions of said Promissory
<br />Nate I;but not cater than the 28 day of January, 2988 )the terms of which
<br />are incorporated herein by reference, which Promissory Note has been made
<br />and delivered by PAartgagor to Mortgagee, and if Mortgagor shah otherwise
<br />observe and perform each and every of the terms and conditions herein set
<br />forth an the part of the Mortgagor to be observed and performed, then these
<br />presents shah be VOtD; OTHERWISE to remain in full force and effect.
<br />AND MORTGAGOR FURTHER COVENANTS At>iD AGREES AS FOLLOWS:
<br />1. Ta pay prampUy the principal of ~ and interest on the
<br />indebtedness evidenced by the said Promissory Nate at the time and in the
<br />manner in said Note provided, or in any amendment, substitution or
<br />reptdcemeni therefor. Privilege is r+~served to make ~reoavment of the
<br />=ndet~teaness Secured rtereby an6y as Set forth !!? Said PrCmi$sv^r j% ~dvi$.
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