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78008107
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78008107
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Last modified
1/12/2010 2:10:34 PM
Creation date
1/12/2010 2:08:30 PM
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DEEDS
Inst Number
78008107
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~.:. >. ,. <br />- -~7- <br />a <br />de~~?^ ~~ ~e~?~?~~ ~~o~t to `Lrt~~e, ~~ an ~a~nt ~s <br />-r_egr~sez~tativ~: _d~es~.s,~ated _iay .it. _ l~rtgagee; -and. its- agenis <br />algid reg~e€~entatives shad have the right to eater upon any <br />or-all cif--the Mortgagor's premises and property to exercise <br />Mortgagee's rights hereunder, <br />(4} Sell, lazes Qr otherwise dspose..of the Per$onal <br />Property at public sale,-with ar without .having,:-the personal, <br />property at the place of sale, and .upon. :such terms-and in <br />such manner as Mortgagee may-determine. Mortgagee may be a <br />purchaser at any such. sale; <br />(5} tTnless tha Personal Property is gerishable or <br />threatens to deo3ine sgee~3ly in value or is of a ty~se <br />customarily -sold on a recognized market, i+5cirtgagee shall <br />give T+~rtgagor at least-ten X10} days prior written.~aotice <br />of tiie time -and place- of any public sale of the personal <br />rsv~crty or other- i~'ite~ded fCsis~tisi%i:.i.`vrs 'i. h~rez`zi.' ~usu <br />notica may be mai3.ed to mortgagor at the address set forth. <br />- at tie beginning`r~f this Mortgage. <br />4.dJ POfisesSSOn b~ Mortgagee; Aukointment of Receiver.. <br />If an event.. of defacilt described in Section 4 _ f1l of t is <br />Mortgage shall have occurred-and be continuing, Mortgagee as <br />a matter o~ right-and without notice to Mortgagor or anyone <br />ciaimiag under i+4ortgagor,-anti without regard-to the- then <br />value of the Security, solvency of the.Mortgagar, or the <br />interest of Mortgags~r therein.shall-have-the riq~t to <br />immediate possession. of th~`~ecurty together with all <br />rents, issues and grofits to b~ derived therefrom until all <br />sum secured hereby are-:paid in frill;; bu$ Mortgagee shall... - <br />not be liab3.e for..the failure fo procure tenants ar purchasers <br />[3r tr). r~rillc~~` ra'_'t±~e 1:SC..t'?'.?° er pro~itE.. T_r_ C©nn°,^t1Q:! YtitL~ - <br />tl~e foreaoixic}, Mortgagee shah 're entitled to peaceful <br />pas=essio;l a~ tl:e Secur.ty upon @ema.*~d, and in tY:e event <br />such peacefu„, possession is not surreridereci, Mortgagee snail <br />
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