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<br />83-- Uft~27$ <br />TOGETHER with all awards and other compensations heretofore or <br />hereafter to be made to the present and all subsequent owners of the <br />mortgaged premises, or any interest therein, far any taking by eminent <br />domain, either permanent or: temporary, of ail 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 era 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 />adjust or compromise the claim for any award and Lo 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. All of <br />said property being sometimes hereinafter referred to as the "Premises". <br />As further security for the payment at ail amounts SP.:ured by this <br />Mortgage and the performance of Mortgagor's obligations, covenants and <br />agreements herein contained or secured, Mortgagor hereby transfers, sets <br />over and assigns to Mortgagee ail 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, IssU@.: and profits, sa <br />long as there is no default under the terms of this Mortgage, the Note or the <br />secured hereby or any other securing agreement now or hereafter given irt~sai~n~te°f <br />connection with this loan. by mortgagor <br />TO HAVE AND TO HOLD the same unto the Mortgagee and its <br />successors and assigns forever. <br />MORTGAGOR COVENANT5 ANO 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 OFFEND 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 ail other liens and <br />security interests of every kind and will protect the title and possession of <br />the premises so that the lien of this Mortgage shall be a first lien thereon <br />until ail amounts hereby secured shall be paid in full, or if foreclosure sale <br />ba 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 />PROVIOEO AlWAYS, and these presents are executed and delivered <br />upon Lhe fioliowing express conditions, to-wit: <br />THAT if Borroxer or Mortgagor shall pay ar cause to be paid to Mortgages, or <br />order, the just and full principal sum of p(~ MTT.t.T~q (31,000,000.00) <br />flailars, with interest thereon according to the <br />terms and conditions of a certain Promissory Note bearing even date herewith <br />and maturing in accordance with the terms and conditions of said Promissory <br />Kota (but not later than theZB day of3anuaxy, 1988 )the terms of which <br />are incorporated h rein b 4r 4~er~e~n~~ why Promissory Note has been made <br />an~i delivered by/l§&~~x fb ~~vtb`F't~~~~~, if Mortgagor shall otherwise <br />observe and perform each and every of the terms and conditions herein set <br />forth on the part of the Mortgagor to be ooserved and performed, then these <br />presents shall ba VO10; OTHERWI5E to remain in full force and effect. <br />ANO MORTGAGOR FURTHER COVENANTS ANfl AGREES AS FOLLOWS: <br />1. To pay promptly Lhe principal of and interest on the <br />indebt#cinass evidenced by the said Promissory Note at the time and in the <br />manner in said Kota provided, ar in any amendment, substitution or <br />Replacement therefor. Privilege is reserved to make prepayment of the <br />indabtadnesa sacureo hereby only as sat forth in said Promissory Note. <br />