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201007999
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Last modified
1/11/2011 2:17:00 PM
Creation date
10/29/2010 8:53:42 AM
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DEEDS
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201007999
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2oioo�s99 <br />vther terrns and provisions of this Mortgage, the provisions of this Article shall govern. <br />Capitalized wards and phrases contained in this Article shall have the de�nition ascribed to them <br />in the main body of the Mortgag�, unless the context manifestly requires otherwise. <br />Section 9.2. MORTGAG�R'S WAIVER OF RIGHTS THE MORTGAGOR <br />ACKNOWLEDGES THAT THE TRANSACTION OF WHICH THIS MURTGAGE �S A <br />PART IS A TRANSACT�ON WHICH DOES NUT INCLUDE EITHER <br />AGRICULTURAL REAL ESTATE (AS DEFINED IN THE ACT), OR RESIDENTIAL <br />REAL ESTATE (AS DEFINED IN THE ACT). EXCEPT AS OTHERWISE SET FORTH <br />I3EREIN, TO THE FULLEST EXTENT PERMIITED BY LAW, THE MORTGAGUR <br />WAIVES THE BENEFIT OF ALL REQUIREMENTS OF LAWS NOW EXISTING OR <br />THAT MAY SUBSEQUENTLY BE ENACTED PR�VID�NG FOR (I) ANY <br />APPRAISEMENT BEFORE SALE OF ANY PURTION UF THE MORTGAGED <br />PROPERTY, (In ANY EXTENSIDN OF THE TIME FUR THE ENFORCEMENT OF <br />THE COLLECTION OF THE INDEBTEDNESS OR THE CREATION OR EXTENSIQN <br />OF A PERIOD OF REDEMPTION FROM ANY SALE MADE IN COLLECTING SUCH <br />DEBT OR (III) EXEMPTTON OF THE MORTGAGED PROPERTIES FROM <br />AITACHMENT, LEVY OR SALE UNDER EXECUTI�N �R EXEMPTIUN FRQM <br />CIVIL PROCESS. EXCEPT AS OTHERWISE SET FORTH HEREIN, TO THE FULL <br />EXTENT THE MORTGAGOR MAY DQ SU, THE MURTGAGOR AGREES THAT <br />THE MORTGAGOR WILL NOT AT ANY TIME INSIST UPON, PLEAD, CLAIM OR <br />TAKE THE BENEFIT OR ADVANTAGE OF ANY REQUIREMENTS �F LAW NOW <br />OR HEREAFTER IN FORCE PROV�DING FOR ANY APPRAISEMENT, <br />VALUAT�ON, STAY, EXEMPTION, EXTENSION, REINSTATEMENT OR <br />REDEMPTION, OR REQUIRING FORECLUSURE OF THIS MORTGAGE BEFORE <br />EXERCISING ANY �THER REMEDY GR.ANTED HEREUNDER AND THE <br />MORTGAGOR, FOR THE MORTGAGOR AND ITS SUCCESSQRS AND ASSIGNS, <br />AND FOR ANY AND ALL PERSpNS EVER CLAIMING ANY INTEREST IN THE <br />MORTGAGED PROPERTIES, TO THE EXTENT PERMIITED BY LAW, HEREBY <br />WAIVES AND RELEASES ALL RIGHTS OF REINSTATEMENT, REDEMPTION, <br />VALUATION, APPRAISEMENT STAY �F EXECUTIUN, NUTICE OF ELECTION TO <br />MATURE OR DECLARE DUE THE WHOLE OF THE SECURED INDEBTEDNESS <br />AND MARSHALLING IN THE EVENT OF FORECLOSURE OF THE LTENS HEREBY <br />CREATED. <br />Section 9.3. Assignment of Rents. Notwithstandin� provisions hereof r�lating to the <br />assignment of rents, Administrative Agent shall not exercise its right to receive such rents until it <br />has taken possession, to the extent such possession is required by any applicable Requirement of <br />Law to exercise such right. <br />Section 9.4. Certain Insurance Disclosures Pursuant to the Illinois Collateral Protection <br />Act and the Illinois Financial Tnstitution Insurance Sales Law, Administrative Agent hereby <br />notifies Mortgagar as follows: You may obtain insurance required in connection with your loan <br />or extension of credit from any insurance agent, broker, or firm that sells such insurance, <br />provided the insurance requirements in connection with your loan axe otherwise complied with. <br />Your choice of insurance provider will not affect our credit decision or your credit terms. Unless <br />you provide us with evidence af the insurance coverage required by yaur agreements with us, we <br />57 <br />
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