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14. If the indebtedness secured hereby is now or hereafter
further secured by chattel mortgages, security interests, pledges,
contracts of guaranty, assignments of leases, or other securities,
or if the premises hereby encumbered consists of more than one
parcel, Mortgagee may at its option exhaust any one or more of
said securities and security hereunder, or such parcels of the
security hereunder, either concurrently or independently, and in
such order as it may determine.
15. No delay by Mortgaqee in exercising any right or remedy
hereunder, or otherwise afforded by law, shall operate as a waiver
thereof or preclude the exercise thereof during the continuance of
any default hereunder. No waiver by Mortgagee of any default shall
constitute a waiver of or consent to subsequent defaults. No failure
of Mortgagee to exercise any option herein given to accelerate
maturity of.the debt hereby secured, no forebearance by Mortgagee
before or after the exercise of such option and no withdrawal or
abandonment of foreclosure proceedings by Mortgagee shall be taken
or construed as a waiver of its right to exercise such option or to
accelerate the maturity of the debt hereby secured by reason of any
past, present or future default on the part of the Mortgagor; and,
in like manner, the procurement of insurance or the payment of
taxes or other liens or charges by Mortgagee shall not be taken or
construed as a waiver of its right to accelerate the maturity of
the debt hereby secured.
16. Without affecting the liability of Mortgagor or any
other person (except any person expressly released in writing)
for payment of any indebtedness secured hereby or for performance
of any obligation contained herein, and without affecting the
rights of Mortagee with respect to any security not expressly
released in writing, Mortgagee may, at any time and from time zo
t~me, either before or after the maturity of said note, and without
notice or consent:
(a)_ Release any person liable for payment of all or any
part of the indebtedness or for performance of any obligation.
(b) Make any agreement extending the time or otherwise
altering the terms of payment of all or'any part of the in-
debtedness, or modifying or waiving any obligation, or subor-
dinating, modifying or otherwise dealing with the lien or
charge hereof.
(c) Exercise or refrain from exercising or waive any
right Mortgagee may have.
(d) Accept additional security of any kind.
(e) Release or otherwise deal with any property real
or personal, securing the indebtedness, including all or any
part of the property mortgaged hereby.
17. Any agreement hereafter made by Mortgagor and Mortgagee
pursuant to this mortgage shall be superior to the rights of the
holder of any intervening lien or encumbrance.
18. Mortgagor shall first obtain the written consent of
Mortgagee prior to the conveyance of the mortgage security to a
third party, or renegotiation and/or modification of any terms
and conditions of the prior mortgagee on the premises. It is
specifically understood that failure to obtain such written con-
sent of Mortgagee, which consent may be granted or withheld at
the sole discretion-of Mortgagee, shall constitute a default
hereunder.
19. Mortgagor hereby waives all right of homestead exemption
in the property subject to this mortgage.
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