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(B) All bui ldinqereaftertsituateddonmtheV"Land" ,~andVall
nature whatsoever now or h
fixtures, machinery, equipment and personal p roperty of eve ry nature
whatsoever now or hereafter owned by the "Borrower" and located in,
on or used or intended to be used in connection with or with the
operation of said "Land", buildings, structures or other improvements,
including all extensions, additions, improvements, bettern~~"nts, re-
newals and replacements to any of the foregoing; and all of the right,
title and interest of the "Borrower" in any s uch personal p rope rty ~
or fixtures subject to a conditional sales contract, chattel mortqage
or similar lien or claim together with the benefit of any deposits or
payments now or hereafter made by the "Borrawer" or on its behalf.
TOGETHER with all easements, rights of way, gores of land, streets,
ways, alleys, passages, sewer rights, waters, water courses, water
rights and pocvers, and all estates, rights, titles, interest,
privileges, liberties, tenements, hereditaments, and appurtenances
wha~soever, in any way belonging, relating or appertaining to any of
the property hereinabove described, or which hereafter shall in any
way belong, relate or be app•artenant thereto, whether now owned or
h~reafter acquired by the "Borrawer" , and the reversion and reversions,
remainder and remainders, rents, issues, profits thereof, and all the
estate, right, title, interest, property, possession, claim and de-
mand whatsoever at law, as well as in equity, of the "Borrower" of,
in and to the same, including but not limited to:
(A) All rents, profits, issues and~revenues of the Mortgaged
Property from time to time accruing, whether under leases or tenancies
now existing or hereafter created, reserving to "Borrower", however,
„
so long as Borrower is not in default hereunder, ~he right to receive
and retain the rents, issues and profits thereof; and,
(B) All judgments, awards of damages and settlements here-
after made resulting from condemnation proceedings or the taking of
the premises or any part thereof under the power of eminent domain,
or for any -damage (whether caused by such taking or otherwise) to
the premises or the improvements thereon or any part thereof, or to
; any rights appurtenant thereto, including any award for change of grade
; or streets. "Lender" is hereby authorized on behalf and in the na~
f of "Borrower" to execute and deliver valid acquittances for, and to
i appeal from, any such judgments or awards. "Lender" may apply.all
~ such ~ums or any part thereof so received, after the payment of all
its expenses, including costs and attorney's fees, on the indebtedness
secured hereby in such manner as it elects, or at its option, the
entire amount or any part thereof so received may be released.
TO HAVE AND TO HOLD the Mortgaged Property and all parts thereof
unto the "Lender", its successors and assigns to its own proper use,
benefit and behoof forever, subject, however, to the terms and con-
ditions herein:
PROVIDED, HOWEVER, that these presents are upon the condition,
that, if the "Borrower" shall pay or cause to be paid to the "Lender".
the principal and interest payable in respect to-the note, at the
times and in the manner stipulated therein and herein, all without •
any deduction~~or credit for taxes or other similar charges paid by
~ the Borrower , and shall keep, perform and observe all and singular
the covenants and promises in the note, and any renewal, extension
~
or modification thereof, and in this mortgage expressed to be kept,
1;;
~ performed and observed by and on the part ot the "Borrower", all with-
out fraud or delay, then this mortgage, and all the properties, in-
terest and rights hereby granted, bargained, sold, alieneothecated,~
~
~ released, conveyed, assigned, transferred, mortgaged, hyp
~ pledged, delivered, set over, warranted and confirmed, shall cease,
determine and be void, but shall otherwise remain in full force and
~
~ effect.
AND the "Borrower" covenants and agrees with the "Lender" that:
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