THIS MORTGAGE AND ANY REQUIRED FINANCING
STATEMENTS TO BE RECORDED AND RE-RECORDED, REGISTERED AND RE-REGISTERED, FILED
AND RE-FILED AT SUCH TIMES AND PLACES AS MAY BE REQUIRED BY LAW OR REASONABLY
DEEMED ADVISABLE BY AGENT TO CREATE, PRESERVE OR PROTECT THE PRIORITY HEREOF AND
OF ANY LIEN CREATED HEREBY UPON THE MORTGAGED PROPERTY OR ANY PART THEREOF; AND
MORTGAGOR SHALL FROM TIME TO TIME DO AND CAUSE TO BE DONE ALL SUCH THINGS AS MAY
BE REQUIRED BY AGENT, OR REQUIRED BY LAW, INCLUDING ALL THINGS WHICH MAY FROM
TIME TO TIME BE NECESSARY UNDER THE UNIFORM COMMERCIAL CODE OF THE COMMONWEALTH
OF
9
PENNSYLVANIA FULLY TO CREATE, PRESERVE AND PROTECT THE PRIORITY HEREOF AND OF
ANY LIEN CREATED HEREBY UPON SAID PROPERTY.
MORTGAGOR HEREBY IRREVOCABLY
APPOINTS AGENT, OR ANY AGENT DESIGNATED BY AGENT, THE TRUE AND LAWFUL
ATTORNEY-IN-FACT OF MORTGAGOR, WITH FULL POWER OF SUBSTITUTION, TO EXECUTE,
ACKNOWLEDGE AND DELIVER ANY SUCH THINGS ON BEHALF OF MORTGAGOR WHICH MORTGAGOR
FAILS OR REFUSES TO DO.
18.
RIGHT TO DEAL WITH SUCCESSOR.
AGENT MAY,
WITHOUT NOTICE TO ANY PERSON, DEAL WITH ANY SUCCESSOR IN INTEREST OF MORTGAGOR
HEREIN REGARDING THIS MORTGAGE AND THE DEBT HEREBY SECURED IN ALL RESPECTS AS IT
MIGHT DEAL WITH MORTGAGOR HEREIN, WITHOUT IN ANY WAY AFFECTING THE LIABILITY
HEREUNDER OR UPON THE DEBT HEREBY SECURED OF ANY PREDECESSOR IN INTEREST OF THE
PERSON SO DEALT WITH; AND NO SALE OF THE PREMISES HEREBY MORTGAGED, NOR ANY
FORBEARANCE ON THE PART OF AGENT, NOT ANY EXTENSION BY AGENT OF THE TIME FOR
PAYMENT OF THE DEBT HEREBY SECURED, SHALL OPERATE TO RELEASE, DISCHARGE, MODIFY,
CHANGE OR AFFECT THE ORIGINAL LIABILITY OF ANY PREDECESSOR IN INTEREST OF THE
EQUITY OWNER AT THE TIME OF SUCH SALE, FORBEARANCE OR EXTENSION.
19.
ACCELERATION OF DEBT.
IF THERE IS AN EVENT
OF DEFAULT OR IF AN EVENT OCCURS WHICH PURSUANT TO WHICH ENTITLES AGENT TO
EXERCISE ITS RIGHTS AND REMEDIES UNDER THE GUARANTY, THEN, AT THE OPTION OF
AGENT, THE ENTIRE INDEBTEDNESS HEREBY SECURED SHALL BECOME IMMEDIATELY DUE AND
PAYABLE WITHOUT FURTHER NOTICE.
20.
ADDITIONAL RIGHTS OF AGENT.
A.
ENTER AND PERFORM.
MORTGAGOR
AUTHORIZES AGENT, IN ADDITION TO ALL OTHER RIGHTS GRANTED BY LAW OR BY THIS
MORTGAGE, OR BY ANY OF THE OTHER INSTRUMENTS EXECUTED HEREWITH, WHENEVER AND AS
LONG AS ANY EVENT OF DEFAULT HEREUNDER OR UNDER THE LOAN AGREEMENT SHALL EXIST
AND REMAIN UNCURED BEYOND THE APPLICABLE GRACE PERIOD, IF ANY, AND WITHOUT
NOTICE BEYOND THE NOTICE, IF ANY, REQUIRED TO BE GIVEN BY THE TERMS OF THE LOAN
AGREEMENT, OR UPON THE OCCURRENCE OF AN EVENT OF DEFAULT UNDER THE LOAN
AGREEMENT, TO ENTER AND TAKE POSSESSION OF ALL OR ANY PART OF THE MORTGAGED
PROPERTY AND TO USE, LEASE, OPERATE, MANAGE AND CONTROL THE SAME AND CONDUCT THE
BUSINESS THEREOF, AND PERFORM LESSOR'S OBLIGATIONS UNDER ANY LEASE OR THE
SELLER'S OBLIGATIONS UNDER ANY PURCHASE AND SALE AGREEMENT OR MORTGAGOR'S
OBLIGATIONS UNDER ANY OTHER AGREEMENT AFFECTING ALL OR ANY PART OF THE MORTGAGED
PROPERTY, PERFORM THE