HomeMy WebLinkAbout0909 III.. The Mortgagee,~with or pithout.entry, peraonally
or by ite agente or attorneya, inaofar ae appiicable, may:
(1) aell the Mortgaged Property to the extent
permitted and purauant to the procedurea provided by
law,.and all eetate, right, title and intereet;.~elaim
~ , ,
and demand therein, and right of redemption thereoP,
at one or more ealea as an entity or in parcele, and at
euch time and plsce upon a»ch terme and after auch riotice
~ thereof
ae may be required or permitted by law; or
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(2) inetitute proceedinga Por the complete or
-partial foreclosure of thi~Mortgage; or
(3) take such atepa to protect and enforce~its
righta whether by action, auit or proceeding in equity
or~ at law fori the specific performance of any covenant,
condition or agreement in the Note or in thie. Mortgage,
or in aid oP the execution oP any power herein granted,
; or for any forecloeure .hereunder, or for the enforce-
~
~ ~ ment of any other appropriate legal or equitable remedy
or otherwise as the Mortgegee ahall elect.
SECTION 2.02. (a) The Mortgagee may ad~ourn from
time to time any aale by it to be made under or by virtue of
thie Mortgage by annpuncement at the time and place appointed
Por auch eale or for auch ad~ourned saZe or $ales; a~nd, except ae
otherwiae provided by any applicable provision of law, the
Mortgagee, without further notice or publication, ma~y make ~uch
aale at the time and place to which the same ahall be ao ad~ourned.
(b) Upon the completion of any sale or ealee made by
the Mortgagee under or by virtue of ~hia Article II, the Mortgagee,
or an ofPicer of any court empowered to do eo, aha~ll execute and
deliver to the accepted purchaaer or purchaeers a good and euffi-
cient inetrument, or good and aufficient inetrument~, conveying,
aaeigning and tranaferring all eatate, right, title and intereat
in and to the property snd righta eold. The Mortgagee ie hereby
~oaK 174 PA6E ~
. II-5