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HomeMy WebLinkAbout0793 } i ~ 15 the snme, may use, operute, IIIAl1AaC un~l coutrol the Premises and couduct the busiuess thereof, either person~lly or b}• its superintendeiits, managcrs, AaCllt5~ ser~•nnts, uttorneys or re- ceivers; und upou every such entry, the ~llortjt~gec, at the es- pense of the 1lortguged Propcrty, from time to time, either by j purcl~ase, repairs or construction, may maiutaiu aud restore tl~e ~ Aiortgnged Pro~erty, whereof it sh~ll beconie possessed as ufore- said, may complete the constructiou ot the Lnpro~ ements and in the course of such conipletion mt~y wake such cl~~iiaes in the contemplnted Impro~ ements us it nia~> deeni desiraLle and may - insure the sume; and liken ise, from tiine to time, nt the etpense of tLe ~tortgaaed Properts, the llortgaaee may muke all ncces- ` sary or proper repairs, rene~vals und replACements and sucL useful alterations, additions, betlerments and improvements tl~ereto siid thereon as to it may seem udvisaUle; aud iu every snch case the :ltortbaaee shall hu~ e the riaht to munnge and ; operate the ~iortsaged Propert}- and to c~rry on the business thereof and ezercise all rigLts und po~vers of the ~tortgaaor witL ~ respect thereto either in the nume of the 1liortangor or otherwise ; ~ as it shall deem best; and tLe ~1lortga~ee shall be entitled to ; ~ collect und receive all eariiings, re~ enues, rents, issues, profits i and income of tlie Diortgaacd Pro~~ertS a~id everp part tl~ereof, ~ all of «hich shall for ull purposes constitute property of the ~ DSortgagor; and after deductin~ tl~e capeuses of concluctina the business thereof and of all maintennnce, repuirs, rene~vnls, re- ~ placements, alterations, additions, betterments and improve- ~ ments and amonnts necessary to pas for taaes, assessments, in- ~ snrance and prior or other proper charges upon the ~iort~aged ~ Property or any part thereof, as ~ell us jiist and reusonable ~ compensation for the services of the lfortgaaee nnd for ull at- ~ torue3•s, counsel, agentsr clerks, serrnnts and otl~er employees by ~ it properly engaaed and emplo~ ed, the liortgagee sliall apply ~ the moneys arising as aforesaid, first, to the pa~nent of the prin- ~ y cipal of the I~'ote and the interest thereon, n hen and ~s the sume ~ shall become pasuble and second, to tl~e pa~-ment of nny other ~ snm~ required to be paid b~ tl~e 1ltort~a~or under tliis 1lfortgA~e. ~ ~ III. The ~iortgagee, with or withont entry, personally or by ~ its agents or attorneys, insofar us applicuble, may: ~ _ (1) sell the riortnaaed Property to the eatent permitted t and pnrsuant to the procednres provided by ]n~v, and all estate, ~ ri~ht, title and interest, clnim and demand therein, and rinbt - of redemption thereof, at one or more sales as an entitp or ~ ~ ~ ~ F:< ~ . ~ ~ $04i~ ~ ~ ~ ~ ~ - - - - - - = 4 : , F~ ~ ~ , ~ ~ lN S"~" . ~ 'K~~ S ~v~' - G . ~JF ~ "a~ ~ : ~*s' ~ _ ? i"' '_;5 r "~~--~5 ~ _ ~~~s~~ ~ _ . _ s_~_--::