HomeMy WebLinkAbout1811 01~22i90 13:23 Gt~tSTER-BOCA 009
this Mortqaye. The Mortqaqee ahell have the riQht at ~11 timts
ta enforce the provisiona of this Mortgege and ell other
documenta eaecuted in connection hereNith in atrict accordante
with their term~, notwith~t~ndiaq anr couraa of dealing or
performence by the Mortgaqee in re~raining ~rom ao doinq at an7
time end notwith~tendin~ e~y cuatom in the bankin9 trade. No
cours• of deeling bst~~~n th• Mortgegor and the Mortqaqee ahell
oper~te ea a waiver of eny of the Mortqeqee'a riyhts.
Bection G.3 MQrtgaq~r'a DtitY to Defend
Thc Mortgagor will de~end, at its own ~ost sns] sxpen~a, and
indemnify and hold the Mortqeqee harmless from, any actior?,
proceedinq or cleim affectinq the Mortqeged FropertY, the
Secured Indebte~neas or any Loan AoCUment. Coata and exQenaes
will inc~udo all reeaoneble ettorneya' feea includinq
appellatc, benkruptcy and poat-judgmant proceedinqr~. if the
Mortgc?gor neglecta or refuaes to act pureuent to thir~ Section,
~ th~ M~rtgagee, at ita option, (whether electinq to ~eclere the
( entire 5ecured Indebtednesa ~ue and collecLiule oi raut, ur t~
~ puraue other remedies for en Event of Default) may pay for all
; rcaaonable ettorneya' feea, coetta and e~pensea incurred in any
' auch acl.ion. All such paymenta, Leari.ng intereat thereon frorn
s the time of payment at the maximum contract rate or interebt
~ permitted by law, shall be deemed a part ~f the Secured
~ Indebtedness ai~d shall k~a ~u~i~~sciiately due and payeble by the
M~rtgagor to the Mortqaqee.
~
~ 6ection 6.9 MQ~L9~~'~e's Bi~httc at r?ny Tima. With or
~ ~lithout Con~ont
~
~ Without attecling the liability ot the Mort9a9or Or ~ny
~ o~her parrson (eacept any perso~l dx~,ce~~ly rnlenaed in writin9)
~ for paYment ot any porlion of the Sescured Indebtedn~tss or !or
performance of any obliyation contained herein, ana withput
~ affecting Lhe riqhts v~ the Mortya9ee with r~apect to a~y
~ecurity not e:Qreasly releaaed irs writlcty, the Mort98gee trtay;
; at any time from time to time, either beto~~e or atter the
~ maturity of the Not~, and without notice or conset~t: (e)
~ relea~e any person iiable for payment of all or any part of the
Secured InddbL~d~leacr~ ur !vr periormance o! eny obligation; (I~)
make any agreement oatondiny I.hn t3.tnC ~r ntharwise e~lter~ny the
' terms of peyment of all or anY pu~ti~rt ot the SeCUCeQ
In~ebtedneas, or modifyiny or waivli~y any obliqation, or
subordinaLinq, n?~clifying or otherw~se fiealinq with the lien or
' cherge hereof; (c) eaercise oc itsfrain irom esetci~inq or waive
any right tht Mortgaqee may 2~aves; (d) accept edAitional
accurity of any kinA; or (ej release oc utherwise Qea2 with eny
property, reel or pe=aonal, securli~y thd Secured Indebtedness,
_ including ell or any pa~rL ot the Mva~tgaged property.
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