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of the premises to keep and maintain the premises in a tenantable
and rentable condition, as well as i.n a good state of repair.
~and to purchase all equipment or supplies necessary or desirable
in the operation,and maintenance of the premises and to pay
for all gas, electricity, power, p$inting, repairs, wages
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of employees, and other items for the maintenance of the premises,'
to pay interest or principal on the prior mortgages on the
property now due or to become due, taxes, assessments, water
and sewer rates, and meter charges now due and unpaid or which
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~ may hereafter become due and a charge or lien against the
premises, and to pay the principal of the note herein described,
now due or hereafter to become due, and interest thereon,
now due or hereafter to become due, and to pay premiums on
all policies of insurance now or hereafter effective by the
Assignee and to comply with orders of any governmental departments
having jurisdiction against the premises, and to remove any ~
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mechanics li~n, security interest, or other liens against '
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the remises and in eneral to ~
P g , pay all charges and expense
incurred in the operation of the premises.
3. PAYMENT OF EXPENSES. The Assignee shall have
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the authority to pay the costs of all matters herein mentioned ~
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out of the rents and other revenues received from the mortgage ~ '
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properties and the cost of any such expenditures~ and any payment ~
which may be made by the Assignee under any of the provisions
~ of this Agreement, including expenses and charges for attorney's
fees, shall be charged to the Assignor and for all purposes ~
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be deemed secured hereby and they may be retained by the Assignee
out of the rents of the premises.
4. The Assignee shall in no way be liable for any
act done or anything omitted by it but shall be liable only
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to account for all monies that it may receive hereunder, and +
nothing herein contained shall be construed as to prejudice
its right to institute or to prosecute any proceedings to
foreclose the mortgage herein mentioned, or to enforce any
.:tiDERSWr, pUN(iEY lien on any other collateral which~ Che Assignee may have,
& HERSNEY, P.A. , 5
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