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8-b ~~1t~'~ -18-- axpesses, incurred-by it in connec~an with such Proceeds, ~zpoh anlr indepted~ess secured hereby ana in such-order as ~r~cc~agee :determine, or to agpiy al.l such Proceeds, after such deductidns, to the restoration of the Security upon such conditis~ns as A~rtgagee may determine. Such application or reiease shah not cure ar waive any default ar notice of default hereunder ar invalidate any-act done. pursuant to such notice, 1.15 ,Additional Security. In the event 2iortgagee at any time holds additional security far any of the abliga- tions secured hereby, it may enforce the sale thereof ar otherwise realize upon the same, at its option, either befcare or cahcurrently herewith or after a safe is made hereunder. 3.16. Successors and Assigns. Th?.s ~artgage appiies tot inures to the benefit of and binds aii parties- hereto, their heirs, legatees, devisees, adminstrators, executors, sucees- sass and assigns. The term °~€artgagee" shall- mean ~ owner and holder of the Note,- whether ar not named as Mortgagee herein. - 1.17 Iz~sgecticsns, N~rtgagee, or its agents, repre- r sentatiue= or workmen: are authorized to enter at any reasonable. time upon ar in any part of the Security far the purpose of inspecting the same and for the purpose o#' gerfarming any of the acts it is authorized to perform under the-terms of .any. of the Zaan Instru~ser_ts. 3.18 Lie~ss. Mortgagor caE.~enants and agrees to pay and - 3',. px'os~tly discharge, at :~ortgagar's-cast and expense,.all liens, encu~arances and charges upon the Security, or any p~~ t_~rec~ oz i::~st therein: grosride€i tta~ the moist- - ence of ary mec~a~iic's, laborer_;s, raat~rialxt;s, stxgplier~s ar vendor's lien ar right hereto Blau ilOt canatitu#e a - vzolation of this Section if p8ym~nt is npt. yet -cute ~tisder the contract ~,rh+ch is the feundstion t2sereaf, _pra~i.d~c1 such