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Home My WebLink About0796 18 ~ Section 2.01 from the dne dAte of any snch puyment of principal ~ nntil the snme is puid. Third; To the puyment of any other sums required to be paid ' by the l~iortgagor pursuant to any provision of this ~iortgage or of the I~Tote. Fourth; To tLe payment of thc surplus, if any, to ~vhosoever may be lAwfully entitled to receive the same. (e) IIpon ~ny sule mnde under or by virtne of this Article II, ~hether mnde under the po~cer of st~le herein granted or nnder or by # virtue of judicial proceedings or of u judgment or decree of fore- ~ closure and sale, the 1liortgagee map bid for ~nci ~cquire the Tiortguged Property or any part thereof nnd in licn of paying cush therefor muy ~ make settlement for the purchase price by crediting upon the indebted- ~ ness of the 1liortgAaor secnred by this liortgage tlie net s~les price ; ufter deducting therefrom tl~e espenses of the st~le und the costs of the ~ action and any other sums ~vhich the ~iortgagce is authorized to deduct ~ F ~ nnder this ~iortgage. : SECTTOx 2.03. (a) In case an Event of Def~nlt described in clnuse ° (a) of Section 2.01 shull hn~e happened and be continuina, then, npon ~ ~vritten demand of the ~fortgngee, the ~Iortgugor will pay to the ~ Diortaugee the ~vhole amount ~ hich then shAll hace become due und , ~ payable on the I~'otc, for principal or interest or both, as the case may ar be, und ~fter the hAppening of said ~vent of Default ~ill also pay to ~ the ~fortg~gee interest ut the InvoluntAry Rute on the then unpaid a principal of the T'ote, and the sums reqnired to be paid by the ~iort- ` gagor pursuAnt to any provision of this ~Sortgage, and in addition ~ thereto such further amount t~s shall be su~cient to cover tl~e costs ~ and eapenses of collection, including reusonable eompensation to the 1liortgagee, its ~gents, and counsel nnd any eapenses incurred by the DSortgugee hereundcr. In the ccent the ~iortgagor shall fail forth~vith 3 to pay such nmounts npon such demand, the ~fortgagee shall be en- - titled and empo~vered to institute such action or proceedinas at law or ; - in equity as may be advised by its counsel for the collection of the ~ snms so due and unpaid, and may prosecute any such uction or pro- ~ ceedinas to jndgment or final decree, and may enforce any snch judg- :x< R 200 PACE ~JV - 600K ~s~ ~ 4: ~ - - - - - - _ _ ~ ~ ~ , ~ , ---,~.~~;y ~ ~ - ~ ~ ~ ~ ~ s ~ " ~ ~ x~ ,w ~ ~ . _ . . _ ~ ~ ~ a~~ .~~~_~a~