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from foreclosing this Mortqage on account of such failure of
Mortgagor. The rights, optians, powers, and remedies herein
provided shall be cumulative and no one or more of them shall
be exclusive of the other or others, or of any right or remedy
now or hereafter given or allowed by law. ~
15. The granting to the maker or endorser of the Note
secured hereby, to Mortgagor, or to any other person of an
eXL~(75iUI1 t3L ~1Ci.eil5lt)il~ tvi ti~iie vi Naj'iTic~.~ }h° U^*~' any
sum due under or secured by this Mortgage, or the taking of
other or additional security for payment thereof, or waiver by
Mortgagee of or failure to enforce any covenant or stipulation ,
of the Note or this Mortgage or to declare any default
thereunder shall not operate as a waiver of any subsequent
default or affect the right of Mortgagee to exercise any right
hereunder not expr.essly waived in writing, nor operate as a
release from any personal liability upon the Note or under any
covenant or stipulation of the Mortqage, notwithstanding that
the oriqinal makers or endorsers are not party to such
agreement of modification, extension, or note, nor had any
notice thereof.
16. In the event damages are awarded for the takinq
of or injury to the premises, whether such taking or injury be
done under the power of eminent domain or otherwise, all such
damages shall be paid to Mortgagee to be applied as a payment
on account of such part of the indebtedness secured hereby, as
Mortgagee may elect, without affectir,g the amount or time for
' payment for other installments required thereunder, whether or
~ payable.
' not said indebtedness is then due and
~ 17. Mortgagor agrees to furnish to Mortgagee, upon
request, satisfactory written estoppel certificates reciting
~ the principal balance and interest due upon the Note, and
t indicating existing defenses or set-offs, if any.
~ 18. The rents, income and profits of all and every
~ part of the premises are hereby specifically pledged to the
~ payment of the debt and all other obligations hereby secured.
If default shall be made in the payment of the said
~ indebtedness or any part thereof, or in the performance of any.
~ covenant or agreement of this Mortgage, or of the said
~ indebtedness, Mortgagee shall have the riqht forthwith and
L_._~ 1_ -1,.,. • ;:pQn the premises, take
~ w11.11VU1. IIVl.1l.C ~-V CI1l.Cl iill~.v uliv
~ possession thereof, and collect said rent, income, and profits,
" with or witho~t the appointment ef a receiver and regardless of
~ the adequacy of the ~ecurity or the SOZV°nr1 ~f ~i~rt~~n~r;
~ Mortgagor hereby covenanting that the appointment of such a
~ receiver by a court of competent jurisdiction, r~gardless of
the adequacy of the security or the solvency of Mortgagor,
~ shall be a matter of right to Mortgaqee. Al1 such net income,
after payment of any collection, management, and attorneys'
fees shall be applied toward the payment of any advances made
by Mortgagee or in reduction of any indebtedness, includinq
interest thereon, hereby secured in such manner or propcrtion
as Mortgagee may elect.
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~ 19. Mortgagor, without first obtaining the written
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~ consent of Mortgagee hereto, shall not (a} assign the rents, or
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