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~,l~ 48 1'JU243
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or sale.. f 01.111 or OXOro1M any- rilht under &n1 statute now 01'
heI"M.f'ter .,de or er-.aoted by any .tate or otherwise to red~em the
property so aold or arq part thereof, tU\d hereby expressly wal ves
tor 1 teelf and on beh8J.t or each aM .vel"7 pereon I except deC.f'e~
or ju4plent oreditors or t.."le Company aoQ.U1r1nC any 1nte1"'efit. in or
title to the lIOrtp&ed property Ot' any part thereof, subsequent
to the 4ate or the Or1.g1.nal JIIori;gac;as, .. auppl_ntf)d, all bene!i t
and adv&ntace of &l"..J' web law or lava, and oovenantB that it w111
hOt 1nvoke or utili" ~"17 auch law or la.. or otherwise hinder I
delay or 1..IIpede the execution or any power herein g.l"CUlted s.nd
delegated to tho Mor'tpeee I but rlll autter and permit the execu-
tion of avery BUM potier &5 thoUlh 1'lQ such law or law8 had been
l'Mde or enacted.
MiY salei whetheI' under any power of' 5a1e hereby given or
by vlrt\te of Judicial pro~oed1ng8, &hall ope~te to div6st all
right, title, Intereet, cla1a and ~d what80ever$ either at law
or in equity I or the Coalpe..ny in and to the propert'",; 601d and shall
be a perpetual bar I both at law and 1n eq'.J.l ty; apinst the Company;
i ttJ aucce8&Ora and RSSignS, and agalnet any and all persons cla1.mlng
~'1e property 301<1 or any part thereof under, by or through the
Gompa,rry I 1 te 8uoces&Ore or R3SignB (Bubject, hO\lrever, to the then
exl~t1ng r1ght8~ it any, of the Leasee \mder ~le I~a5e).
!!+~ The p-urcnar,U!: rooMY proceeds a.nd/or aval1s of any
salo of the mortgaged pn:>pertY:J Or' W part there-ot( inoludir~ any
sale made pursuant to subparagraph (r J of Sect10n 4.2 hereof), and
the prooeeds and thfJ ava118 of any t"emI!dy hereunder shall be pnid
to and applied ae folloW8t
(a) To th~ payment of costs and e.xpenees' of forecloeuI"e
01~ suit} tf any I and of sucl1. e-ale I and the reasonable compen-
aation of the agent~, atto}.""f'.e~-'15 and counael of the Mortgagee
end of all proper expenee6, liability and advancef!. incurred
or made hereunder by the Mortgagee, 01" the r~.)lder or holderB
of the Notes, and of all taxe~1 ae6e6B~~nt8 or l1ena auperlor
to the lien of these pX''fHlentD I except a..."1y taxes;I a8seosmenta
or other 8upt)l'ior litm :'Ubj00t to wt~1ch rm1d tale rr.ay have
been mde j .
(b) To the pe.;jirr~nt to the holder or holdQra of' the Notes
of' the amount then owing or ..m~.aid on the Notea to 1.' principal
and int-ereet; and 1n C'All\9 any auch proct!ed.~ shall be 1nlJuffl-
cient to pay the~le amount 60 <t..!~ upon th6 Not~5 then to the
pa~nt of euch prinoipal ~'1d interest, wlthout preference or
prior! ty ot pr1no1pal over 1nt~re6t or of 1ntf'H"'est over'
prlnclP41, or ,::;f IL"1Y inntallment of 1nt-fn~et over any oth~t'
1nntsllment or int~reot, Ntably in proportion to tho aggregate
of such principal a.nd aac,i;'"v,ed fq1d Us"1pt11d 1nter"'dBt; anrj
(c) To the payment or the $urplw~ I if any t to the (~"\mpmlY,
ita fj\H,V:ie~80n~ and ae~ig.ne J or tt) who~vel' ~y be lawfully
entitled to 1~oeiv6 the 6~~
!!"~';" In c~ee the MortgageH 5h~11 h....>ivQ proceeded to enforce
any right '\...maar th~ Ol"'ig1-nal Mortgagest fi15 8uppl(3mented.. tJY fOI'e-
:;:;loaur'e, fUll:" crltr-y 01" otr.fH"'ltlee I and such prooe~ding8 shall have
Deen d16eont.l.rnH'H1 oX' abandomlu tor any rea~:m or ohnll have been .
dettH,~1it~d adversely I t-hen and in ev-ery auchiJ.8,st> the Cowpany, the
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