SUCCESSORS
AND ASSIGNS.
EXCEPT AS OTHERWISE PERMITTED BY CREDIT AGREEMENT, THE MORTGAGOR
SHALL NOT ASSIGN ANY RIGHTS, DUTIES OR OBLIGATIONS HEREUNDER.
6.13
PURPOSE OF LOANS.
THE MORTGAGOR HEREBY REPRESENTS AND AGREES THAT THE
LOANS SECURED BY THIS MORTGAGE ARE BEING OBTAINED FOR BUSINESS OR COMMERCIAL
PURPOSES, AND THE PROCEEDS THEREOF WILL NOT BE USED FOR PERSONAL, FAMILY,
RESIDENTIAL, HOUSEHOLD OR AGRICULTURAL PURPOSES.
6.14
NO JOINT VENTURE OR PARTNERSHIP.
THE RELATIONSHIP CREATED HEREUNDER AND
UNDER THE OTHER FINANCING DOCUMENTS IS THAT OF CREDITOR/DEBTOR.
THE MORTGAGEE
DOES NOT OWE ANY FIDUCIARY OR SPECIAL OBLIGATION TO THE MORTGAGOR AND/OR ANY OF
THE MORTGAGOR'S OFFICERS, PARTNERS, AGENTS, OR REPRESENTATIVES. NOTHING HEREIN
OR IN ANY OTHER FINANCING DOCUMENT IS INTENDED TO CREATE A JOINT VENTURE,
PARTNERSHIP, TENANCY-IN-COMMON OR JOINT TENANCY RELATIONSHIP BETWEEN THE
MORTGAGOR AND THE MORTGAGEE.
6.15
THE MORTGAGEE AS AGENT FOR SECURED CREDITORS.
IT IS EXPRESSLY UNDERSTOOD
AND AGREED THAT THE RIGHTS AND OBLIGATIONS OF THE MORTGAGEE AS HOLDER OF THIS
MORTGAGE AND AS COLLATERAL AGENT FOR THE SECURED CREDITORS AND OTHERWISE UNDER
THIS MORTGAGE ARE ONLY THOSE EXPRESSLY SET FORTH IN THIS MORTGAGE AND IN
SECTION 10 OF THE CREDIT AGREEMENT.
THE MORTGAGEE SHALL ACT HEREUNDER PURSUANT
TO THE TERMS AND CONDITIONS SET FORTH HEREIN AND IN SECTION 10 OF THE CREDIT
AGREEMENT.
6.16
FULL RECOURSE.
THIS MORTGAGE IS MADE WITH FULL RECOURSE TO THE MORTGAGOR
AND TO ALL ASSETS OF THE MORTGAGOR, INCLUDING THE MORTGAGED PROPERTY AND THE
SECURED PROPERTY AND PURSUANT TO AND UPON ALL THE WARRANTIES, REPRESENTATIONS,
COVENANTS AND AGREEMENTS ON THE PART OF THE MORTGAGOR CONTAINED HEREIN AND IN
THE FINANCING DOCUMENTS AND OTHERWISE IN WRITING IN CONNECTION HEREWITH OR
THEREWITH.
NOTWITHSTANDING THE FOREGOING, THE MORTGAGEE AGREES THAT (A) IN AN
ACTION TO COLLECT ANY AMOUNTS DUE UNDER, OR OTHERWISE IN RESPECT OF THIS
MORTGAGE, NO SHAREHOLDER, OFFICER, DIRECTOR, AGENT, OR REPRESENTATIVE OF THE
MORTGAGOR (COLLECTIVELY REFERRED TO IN THIS SECTION 6.16 AS "PERSONS") WILL BE
PERSONALLY LIABLE FOR ANY AMOUNTS DUE OR ANY OTHER LIABILITY UNDER THIS
MORTGAGE, AND NO DEFICIENCY OR PERSONAL JUDGMENT WILL BE SOUGHT AGAINST SUCH
PERSONS FOR PAYMENT OF THE OBLIGATIONS SECURED BY THIS MORTGAGE AND (B) NO
PROPERTY OR ASSETS OF ANY SUCH PERSONS SHALL BE SOLD, LEVIED UPON OR OTHERWISE
USED TO SATISFY ANY JUDGMENT RENDERED IN CONNECTION WITH ANY ACTION BROUGHT WITH
RESPECT TO THIS MORTGAGE, PROVIDED, HOWEVER, THAT IN NO EVENT SHALL THE
FOREGOING PROVISIONS OF THIS SENTENCE BE DEEMED TO RELEASE ANY SUCH PERSONS FROM
LIABILITY UNDER THIS MORTGAGE FOR ANY FRAUDULENT ACTION TAKEN BY SUCH PERSONS OR
FOR ANY INTENTIONAL MATERIAL MISREPRESENTATION MADE BY SUCH PERSONS.
6.17
REDUCTION OF SECURED AMOUNT.
IN THE EVENT THAT THE MAXIMUM PRINCIPAL
AMOUNT SECURED BY THIS MORTGAGE IS LESS THAN THE AGGREGATE OBLIGATIONS THEN THE
AMOUNT SECURED HEREBY SHALL BE REDUCED ONLY BY THE LAST AND FINAL SUMS THAT THE
MORTGAGOR REPAYS WITH RESPECT TO THE OBLIGATIONS AND SHALL NOT BE REDUCED BY
ANY INTERVENING REPAYMENTS OF THE OBLIGATIONS.
SO LONG AS THE BALANCE OF THE
OBLIGATIONS EXCEEDS THE AMOUNT SECURED