78008107 - Laserfiche WebLink

Browse

_~ ~_ pawer$ of Mortgagee ar Mcsrtgagarr elnd to pay all Casts and expenses includi:r-~ ccsst of evc~encs of title and attorney's fee and"other legal e_~e_~scs, ~ any:each action-or pro- ceediz~g in which Mortgagee or .rtgagor may appear. I.I2 Actions $y,Mort~agee to Preserve Secuiity. $hpuld ` Mortgagor -fail to make any payzne*~t or da any act as .end in the manner provided in any of the Loan Instruments, Mortga- :gee:, in its discretion,- without obligation so to do and- - without notice to or demand upon Mortgagor and without releasing Mortgagor from any obligation, may make or do the same in such manner and to such extent as it may deem necessary tc protect the Security hereof. In connection therewith {without limiting their general powers), Martga~yee shall have and is hereby given the right, but shall not be obligated, _ ti) to entc~ :pan and_take ~ssession of the Security or ~r~t thpr~nFefii} t^ makss~r3r3ii~inn~= altgratinnsFtrsa~ irg and improvements to the security or part thereof which it may consider necessary or prgper to keep-the Security in .goon condition-and repair; {iii) to appear- and participate in any action ar proceeding affecting ar which may affect the Security hereof or the rights ar powers of Mortgagee; (iv) to gay, purchase, contest ar compromise any encumbrance, claim, charge, lien szr debt-which in the judgment of either may affect or appears to affect. the Security of his piartgage isr be prier or superior hereto and (v) in exereisin_g such- - pu~rsx to pay. n~cessartr expenses, including emplay~nt of coz,~nsel. or c}ther necessary or desirable consultants, Mart' gag©r shall>,imanediately upon ~npay alai costs es~d expezrses incurred: by P~rtgagee, in cannectzon wits *_he exe~s~ by M~srtgagee cif the £areg~azng rights.„ iac:Iuding withoait_ 3imitatic~n costs of evidence of tit~~, court casts, aQpraisals,'surveys and attorney's fees.. 1.13 Suzvival af_~arranti~s. Mortgagor covenants and agrees ~o fully al~d iaithfLYliysatisfy and per~srm the