HomeMy WebLinkAbout1861 the Mortgagee the attorney-in-fact of the 2ortgagor to
execute and deliver, such financing statement and other
instruments as the Mortgagee may require in order to
• impose the lien hereof more specifically upon said fix-
tures and personal property. If the lien of this mortgage
on any fixtures or personal property be subject to a
conditional bill of sale, chattel mortgage or security
interest covering such property, then in the event off' ~ '
any default hereunder all the right, title and interest
of the Mortgagor in and to at~y and all deposits are hereby
assigned to the Mortgagee, together~wi,th the benefit of
any payments now or hereafter made thereon.
TOGETHER with all awards heretofore and here-
. after made by reason of the taking by eminent domain of
the whole or any part of said premises or of at~y righ4
appurtenant thereto, including any awards or payments for
use and occupation and for change of grade of streets
f which awards are hereby assigned to the Mortgagee, which
I
is hereby irrevocably authorized and appointed attorney-
in-fact for the Mortgagor to collect and receive any such
i
i awards from the authorities making the same, ~to appear in
any proceeding therefor, to give receipts and acquittances
~ therefor, and to apply the same to payment on account of
t the debt secured hereby, whether then matured or not; and
~ the Mortgagor will execute and deliver to the Mortgagee-
I
~ on demand such assignments and other instruments as the
E Mortgagee may require for said purposes and will reimburse
~ the Mortgagee for its costs (including reasonable counsel
fees) in the collection of such ati~ards. In the event of
t
~ any such taking, the Mortgagor agrees to pay and agrees
that any award shall be apportioned so that there shall
first be paid therefrom in the order belo~r named, to the
t
~ ~s~~~ Q~ -3~
800K •JJ~ PAGE 10J~
x