8~-= ;~
<br />the assets of Mortgagor or any other maker of the Note or the
<br />Property;
<br />(d) An assignment by Mortgagor or any other maker of
<br />the Note for the benefit of creditors; or
<br />(e) If Mortgagor or any other makes of the Note, or
<br />any of their successors in interest or assigns, shall either trans-
<br />fer, assign, sell, convey, or alienate the Property, or any part
<br />thereof or any interest therein, without the written permission of
<br />American first had and received, or be divested of title in any
<br />manner, whether voluntarily or involuntarily.
<br />13. IIpon the occurrence or continuance of any event of
<br />default, American shall have the following rights and remedies which.
<br />shall be cumulative and which may be exercised with or without
<br />notice, and which may be exercised separately, independently, or con-
<br />currently, and more than once and in any order, and without any elec-
<br />tion of remedies to be deemed made, and without affecting the right
<br />of American to exercise any other remedy hereunder or which American.
<br />may have in law, and without regard to other remedies then, thereto-
<br />fore, or thereafter pursued cr being pursued:
<br />(a) to declare any or all of the Obligation immedi-
<br />ately due and payable;
<br />(b) to take immediate possession, management, and
<br />control of the Property without having a receiver appointed therefor,
<br />and to repair and maintain the same at the expense of Alortgagor, and
<br />to perform such acts thereon or in connection therewith as American
<br />may deem necessary or desirable;
<br />(c} to collect and receive any and all rents,
<br />income, and profits from the Property, and to apply the same to the
<br />Obligation in any manner or to the repair or maintenance of the
<br />Property, or both;
<br />(d to obtain from any court of competent ;urisdic-
<br />tion upon ex paste application (either before or during any foreclo-
<br />sure proceeding or any redemption period thereafter} and without
<br />notice, notice being hereby expressly waived, the appointment of a
<br />receivez for the Property, and to have such receiver appointed as a
<br />matter of right without regard to the solvency of any person, the
<br />adequacy of any security, or the existence of waste, and to have sums
<br />received by such receiver, after deducting and Baying costs and
<br />expenses of such receivership, including the reasonable attorneys'
<br />fees of American, applied to the ligation in such manner and order
<br />as American may request;
<br />(e) to institute proceedings for the complete or
<br />partial foreclosure of this Mortgage through the courts, to the
<br />extent permitted and pursuant to the procedure provided by applicable
<br />law;
<br />(f) to sell for cash or upon credit the Property or
<br />any part thereof and all estate, claim, demand, right, title, and
<br />interest of the Mortgagor in the Property and rights of redemgtion
<br />thereof, pursuant to power of sale or otherwise, at one or more
<br />sales, as an entity or in parcels, at such time and place, upon such
<br />terms and after such notice as may be required or permitted by law,
<br />and in the event of a sale, by foreclosure or otherwise, of less than
<br />all of the Property, this Mortgage shall continue as a lien on the
<br />remaining portion of the Property;
<br />fg) to institute an action, suit, or proceeding in
<br />equity for the specific performance of any covenant, condition, or
<br />agreement contained in this Mortgage or in the Obligation;
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