HomeMy WebLinkAbout0331 ZQ ~ ~
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bo cntitlcd to rett?in possessio~i nu~l cu~itrul of ull propcrty now or
hcrca~ftcn c~l~l wulcr this \[orlp:~oc. `
,
SECTION Z.OG. No rcmedy hcrcin co~~fcrrc~l upon or rescrvcd to
tLo Tiortbageo is iutendc~i to Le cxclusi~•e of uuy otlicr retttedy or
reme~lics, an~ c:icl~ i?t~~ e~ ery sucL remc~y slrill bo cu~aul:itivQ, and
eLull Lc in a~l~iliuu t,o e~ery ul~cr rcwecly ~ivcu Lcrewuter or now ~
.
or Lcrraftcr e~istit,~ at lat~ or iii equily or by statuta ~'o dclay or _
omissio~i of tLe lioriaaacc to ~•xcrciso i?ny riaLt or po~~•cr nccruing
upon Rns ~ rcnt of Def:iult sL:ill imp:iir n~~y sucli risht or po«er, or
sLull be construcd to be a«ui~ cr of any sucL Lvent of. Def~iult or
any arquiescence therein; ancl evcry po«er ancl reme~y.-bi~en Ly tl~is
Dlorlg~oe to tlie ~lorto.~acc may Lc escrciscd from tiiuc to timo us
often ns ~uay be ciccu~c~l c~~~e~licul by the ~lorl~:i~cc. \Tothi»~ iu lhis
Diorl~aae or in tLe I` otc shall .~tTect thc oblibatioii ot the ~Iortbaoor
i to pay tlie principal of, and inticrest on, tlic \Totc in the maimcr unci
~ - at tLe time ~n~l ~lace tLereiu respeciively expressed. ~ ~
E SECxiox 2.07. TLe ~tort~aaor ~i ill not at any timc i,isist npon, or ~
3 plead, or in uny ma.incr ~?•Latc~•cr claim or tal:c auy bc~icfit or ad~u~i- (
~ tt~ge of ~ny stay or estension or moratorium la~v, any exetnption from :
~ eaecution or salc of the ~tortgaged Propcrt3• or any part thereof, '
" wherever enacted, no~v or at auy time L~~reafier iu force, ~chich may ~
~ .
N nffect tLe co~ ensuts and terms ot periormance of tlus alort~a~e, nor :
i
~ claim, tabe or insist upon ~ny benefit or adraiita~c oF any 11w no~v f
~ or Lereafter in forcc providina for tl?e ~•aluation or uppraisal of tl~e
` bfortgared Propcrty, or any part tlicrcof, prior to Anv sale or sales `
~ rA F R•~ ~nl• mwr l~n ~nr~ w Hn~ ? 1 • - S•
~:C...O~ .1..... .+..C ~a• S.....1., .,3 ~n3 ~a t'i i iSiOia ~1'v-i i:iIl. 01
~ pnrsuant to the decree, judjmei~t or order of an}~ court of competent ~
x jnrisdiction; nor, after any such sale or sales, claiin or escrcise any - '
~ rioht undcr any statutc Leretofore or Lerelfter enacted to redec~n tt~c I f
~ property so so l d or any par t t lierco f au d t hc ,
l lor tDa~on c~re by
~ . e
a
pressl y nai~es all Lei~efit or adaantage of any sncL la~v or la~rs, und ~ z
covenants not to hiiidcr, dela3• or iinPecle tlie etecution o f any po~ver
herciu aranted or dclc;~~ted to ti?e ~tort~a;ce, but to suffcr and pcrmit
- tho esecution of e~ er3• po«er as tLou~L no sucli l~w or laws Lad been
.
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