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signing and transferring a,l estate, right, citle and interest in r,nd to the
property and rights sold subjeci to all matters which ~vould affect title to
the property and rights sold. A~iortgagee is hereUy appointeci the true
and la~~~ful attorney irrevocable of the ~4ortgagor, in its name and stead,
to make all necessa~ry com•e}•ances, assignments, transfers and deliveries
of the ~Iortgaged Progerty and rights so sold and for that purpose the
Alortgagee ma} execute all iiecessar}~ instruments of conve~~ance, as-
signment and trans!'er, and ~na}• substitute oiie or more persons ~vith
like po~ver, the hlortgagor liereby ratifying and confirming all that its
said attorney or sucli substitute or substitutes shall lat~ fu:ly do by ~~irtue
hereof. Nevertheless, the'~iortgagor, if so requested by ihe A'Iortgagee, shal~
ratify and confirm any such sale or sales by executin~ and deii~~ering to
the Diortgagee or to such purchaser or purchaser, all sucl~ instruments
as may be ad~~isable, in the judgment of the ;~iortgagee, for the purpose,
and as may be designated in such request. Any such sale or sales made
~ under or by virtue of this Article 7, ~~hether made under the po~ver of salc
; herein granted or under or by ~~irtu~~ of judicial proceedings or of a jud~
s ment or decree of foreclosure and sale, sh:311 operate to divest all the estate,
~ right, dtle, intere~t, claim and demand ~chatsce~'er at la~v or in equity, of
~ the \io~tga~or in and to tl~e properties and rights so sold, and shall be a
perpetual bar both at la~v and in equity against the ~tortgagor and against
am~ and all persons claiming or ~~•ho mac claim the same. or any part there-
of from, through or under the i~tortgagor, to thc maximum extent permitted
by the law of the state in which the n~lortaaged Property is located.
7.1.5 RECEI6~Ex. Apply to the court in ~ti~hich a proceeding is pending
for the enforcement of this i~Iort~age to have a recei~~er appointed to enter
upon and take possession of the i~tortgaged Property, collect the Rents and
1~ profits therefrom and appl}• the same as the court may direct, such receiver
~ to have all af the rights and po«ers permitted under the la~vs of the state '
~ in which the P1lortgaged Property is situated. The right to the appointment
~ of such receiver shall be a matter of strict right «•ithout regard to the value
or the occupancy of the ~Iortgaged Property or the solvency or insolvency
~ of i~lortgagor. The expenses, including receiver's fee, counsel's fees, costs
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and agent's compensation incurred pursuant to the po~vers herein con-
~ tained shall he securcd hereby.
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~ 7.1.G. OTti~:K. Exercise an} other remedy specifically b anted under
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~ ~ ~ R 208 2
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