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$2- ~~~,605~' <br />cuing, ia~roving, operating, balding, having possession of, or <br />Sealing with ~~y and alI of said properties, in connection with <br />Trustee's attempts to dispose of any or all of the said proper- <br />ties, and in connection with the Trustee's disposition of any or <br />all of said properties, shall not be considered as an impairment <br />of any collateral given by Issuer and Issuer hereby waives any and <br />all zights it may have, or may have in the future, if any, to <br />claim discharge pursuant to Sectior, 3-606 of the UCC or any other <br />applicable law, whether common or statutory. <br />Issuer acknowledges and agrees, in the event that all or <br />any portion of said properties are sold or otherwise disposed of <br />ijy Trustee,_ it shall be liable far any deficiency due under the <br />Bonds after the proceeds of the disposition of the said properties <br />are applied pursuant to Section 9-504 of the UCC. <br />Section 5. Upon Default, the Trustee may, as an alter- <br />native, proceed either after entry or without entry, or after <br />possession or before possession, to pursue any available remedy by <br />suit in law or in equity, to enforce the payment of the principal <br />of and interest on the Bonds then outstanding hereunder, includ- <br />ing, without limitation, foreclosure, and mandamus. <br />Upon Default, and if it shall have been requested so to <br />do by the iio.lders of fifty-one percent ~~la) in aggregate pri„ci= <br />pal amount of Bonds out~tandinq hereunder, and shall have been <br />indemnified as provided in Article X, Section 1, hereof, the <br />Trustee shall be obliged to exercise one or more of the rights and <br />powers conferred by this section, and by Article IX, Sections 3 <br />and 4, as the Trustee, being advised by counsel, shall deem most <br />expedient in the interest of the Bondholders. <br />No remedy by the terms of this Mortgage conferred upon <br />or reserved to the Trustee (or to the Bondholders) is intended to <br />be exclusive of any other remedy, by each and every such remedy <br />shall be cumulative and shall be in addition to any other remedy <br />given to the Trustee or to the Bondholders hereof or now or <br />hereafter existing- at law or in equity or by statute. <br />9-e <br />