The URL can be used to link to this page

Home My WebLink About2437 part thereo£, and in the name of Mortgagor, or otherwise, as Mortgagee shall deem best, exercise all of its rights and powers and use all o~ the then existing and other items of security and collateral, materials, current supplies, stores and assets and, ' at the expense of the mortgaged property and other items of security and collateral and its income from time to time, maintain, restore, insure and keep in- sured, the properties, crops, equipment, and appara- ~ ' tus provided or required for use in connection with ~ such business or businesses, and make all such nec- _ ~ i ; essary or proper repairs, renewals and replacements A ~ ~ and all such useful alterations, additions, better- z ~ ments and improvements as to Mortgagee may seem ju- ~ ~ dicious, and collect and receive all earnings, in- ~ ~ come, rents, issues, profits and revenues of the ~ same and of every part thereof, and, after deduct- ~ ~ ing therefrom the expenses of operation and all ex- ~ ~ s penses incurred hereunder and all other proper out- ~ ~ lays herein authorized and all payments which may ~ be made as just and reasonable compensation for 'a =7 Mortgagee's own services and for the service of its ~ attorneys, agents, and assistants, Mortgagee shall apply the rest and residue of the moneys received by it, as it may choose, in its discretion, toward ~ interest, principal, or charges hereunder. .~_t - ~ S ~ - 2Z2 P~~~ _ _ _ . _ ~