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HomeMy WebLinkAbout0560 . • - ~ . 20 ~ . • rewedies, and czich und every sucL remedy sl~all be cuu~ulative, und ' eLull Lc in nddilion to o~•ery otl~er remeJy e;iven Lercunder or no~v or hereafter esisti»~ nt l:iw or in eRnitr o~• by statuto. I~To dclay or ' omissiou of tLc ,l(~rt~;a;;ee to e~ercise uuy ri~ht or po~ver nccruins ~ upon nny ~vent of Default slilll inipair unp snch right or po~er, or eLull bo coustruc~l to be u«~ai~%cr of uny such ~vent of Defuult or any acquiescei?ce tl~crein; und e~•ery power nnd remedy gi~ en by tlus , . ~iorlg~gc to tlic ~Iort~;aace m:~S be escrcised from time to time ns often us muy be dec:med espedic»t by the ~iort~:~oce. I~Tothina in this ~ llfortoago or in thc \'ote sLail aitcct tLe oblibation of tlic ~Iortoagor to pay ihe princip:~l of, und iutcrest on, tlic ~Totc in the m~nncr und at tLe time nnd placc therein respectively espressed. SLOTiov 2.07. 2'hc ~tortaa~or ~vill not s?t any time insist upon, or pleud, or in ~ny nncr ~ti~atc~ er c~~ iw or tal~e ans Uenefit or adv~n- ; tage of t~uy stap or c~tensiou or ~noratorium 1~«, unp ezewpfioa froui ~ eaecution or s.ele of tlii; ~ Iort;;.iaed Propertp or uny par4 thereof, ~ whereFer enacted, n~~r or ut An~ time ~ereafter in force, ~-hich map ~ ai~ect the co~cu~tzts ~nd terms oi Perform~~ce of t;~is ~fortaa~e, uor ~ cluim, taj;c or insist uoa~i ans b~~ucfiL or ad~anta~e of any la~c now 5 or hercaffcr in force Z~roridizi~ for tLe ~aluation or upprli~zl of the ~ ~ ; ~iorto~oed Proj ~rt3, or . us part thereof, pr~or to any sale or sales ~ thereof ~clucL inu~• be made pursuant to aug Z~rovisiou l:ci'C3D~ or ~ pursnar.t to the dec:•cc, juc:~c:it or order of any court of cozupetent ~ ~ jurisdiction; ~io:•, after ~ns snch sale or Qales, ctaim or esercise an~ ~ right under ans statute hcretofo: e or here~ftcr e:iacted to re3~~m the ~ propertF so sold or. anp part t~iereof and tl~e ~iort~a'or h~reUp es- pressly ~cai~-es all b^r.efit or ud~ 4ntage of aus sneh la~r or la~ca, nnd ~ . ~ - ` ' " c~~e~~:ts Lo~ :.:u ~~r, ~~1~~ o; :m~;;:1~ ~hc c~~cuciuu ui ~~~i~ po~ccr ~ berein branted or cicic~~ted to tl~e ~ lorta~~ee, but to sufier nud permit ~ ~ the e~ecution of erer~ po~cer as t?:oizSh no s~:cl~ lar; or lan•s liad been ~ ~ ~ made or enacted. 'rl~e 3fortoa~or, for itself ~nd all ~:ho r~ap claun ~ ~ ander it, ~cRives, to the estent tha~ it la~fu113 m~r, all ri~ht to have : the 11lorfonoed Property mar~haled upon anS~ foreclosure hcreof. ~ - SECTI0:7 2.OS. Durina the continuance of zny E~ent of Default ` . : and peuding the eYcrcise by the ~;Iortb~aee of its ribht to eaclude the :,~;a ~ ts~ r _ ~W ~ - - ~ 224 P~~~ r~ . - .~a . - - - - _ : - - - . ~ . ~ _ ~ - ~ = 5 _ , _ . _ _ ~ . ,