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12. Assignee's exercise in whole or in~part, of any
option, election, power, privilege, right or authority, here- j
under or arising herefrom, shall not preclude it from exec-
cising, or obligate it to exercise, in whole or in part, any
other option, election, power, privilege, right or authority
hereunder or arising herefrom. .
13. All coat and expense incurred by Assignee in
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connection with its exercise, in whole or in part, of any,
option, election, power, privilege, right, authority, duty or ~
obligation, hereunder or arising herefrom, or under or aris-
ing from all or any of the Purchase Agreements, .shall be
added to the principal sum of the debt evidenced by the Note
and secured by the .Mortgage and this instrument.
14. The full performance of the Mortgage and the ~
duly recorded release from the mortgage or reconveyance of
the Property or-all of the units in the Condominiums ~
shall render this instrument void. The duly recorded
release or reconveyance of any part of the Property or part
of the units in the Condominiums from the Mortgage shall ~
render this instrument void as to such part only.
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15. The net proceeds collected by the Assignee
under the terms of this instrument shall be applied in reduc-
tion of the entire indebtedness from time to time outstanding
and secured by the Mortgage ana shall be applied to principal,
interest, costs, expenses and/or attorney's fees, as. Assignee,
at its option, may elect.
16. If any clause or provision herein contained
shall operate either presently or prospectively to invalidate
this instrument, in whole or in part, then such clause or
provision only shall (except for purposes of internal refer-
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