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objection from Borrower, and Borrower shall cooperate in causing
the Contractors to comply with all the terms and co~ditions of the
Contracts.
(b~ If and to the extent nermitted by law and the terms
of the Additional Collateral, Bank may, with or without entry upon
the Property, at its option, take over and enjoy the benefits of
the Licenses, exercise Borrower's rights under the Additional
Collateral, and perform all acts in the same manner and to the
same extent as Borrower miqht do. In connection.with any and all
of the foregoing powers, and withaut limiting the same, Bank may
effect new Contracts, Licenses and Sales Agreements, cancel or
surrender existing Contracts, Licenses or
and amend the terms of and renew existing
Sales Agreements, and make concessions to
ties, Contractors and Purchasers. Eiorrow~
and all claims which it has or might have
of such performance by.8ank.
Sales Ag~reements, alter
Contracts, Licenses and
Governmental Authori-'
er hereby releases any
against eank arising out
7. All of the foregoinq powers herein granted Bank shall be
liberally construed. Bank need not expend its own funds in the
exercise of such power, but if it does, such amounts shall be
considered as advances for and on behalf of Borrower secured by
this Assignment and also evidenced and secured by the Note,
Mortgage and other Goan Documents. Any amounts so advanced shall
bear interest at the then current rate prescribed in the Note.
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a;~~x 346 P~~~ iQ92