FOR, AS THE LAW MAY ALLOW, AND
MAY PROCEED THEREIN TO FINAL JUDGMENT AND EXECUTION FOR THE ENTIRE UNPAID
BALANCE OF THE PRINCIPAL DEBT, WITH INTEREST AT THE RATE(S) STIPULATED IN THE
LOAN AGREEMENT, TOGETHER WITH ALL OTHER SUMS DUE FROM MORTGAGOR IN ACCORDANCE
WITH THE PROVISIONS OF THE LOAN AGREEMENT, INCLUDING ALL SUMS WHICH MAY HAVE
BEEN LOANED BY AGENT TO MORTGAGOR AFTER THE DATE OF THIS MORTGAGE, ALL SUMS
WHICH MAY HAVE BEEN ADVANCED BY AGENT TO MORTGAGOR AFTER THE DATE OF THIS
MORTGAGE, ALL SUMS WHICH MAY HAVE BEEN ADVANCED BY AGENT FOR TAXES, WATER OR
SEWER RENTS, OTHER LIENABLE CHARGES OR CLAIMS, INSURANCE OR REPAIRS OR
MAINTENANCE AFTER THE DATE OF THIS MORTGAGE (INCLUDING THE PERIOD AFTER THE
ENTRY OF ANY JUDGMENT IN MORTGAGE FORECLOSURE OR
11
OTHER JUDGMENT ENTERED PURSUANT TO THIS MORTGAGE OR THE LOAN AGREEMENT), AND ALL
COSTS OF SUIT, INCLUDING COUNSEL FEES (AS PERMITTED BY APPLICABLE LAW).
MORTGAGOR AUTHORIZES AGENT AT ITS OPTION TO FORECLOSE THIS MORTGAGE SUBJECT TO
THE RIGHTS OF ANY TENANTS OF THE MORTGAGED PROPERTY, AND THE FAILURE TO MAKE ANY
SUCH TENANTS PARTIES DEFENDANT TO ANY SUCH FORECLOSURE PROCEEDINGS AND TO
FORECLOSE THEIR RIGHTS WILL NOT BE ASSERTED BY MORTGAGOR AS A DEFENSE TO ANY
PROCEEDINGS INSTITUTED BY AGENT TO RECOVER THE INDEBTEDNESS SECURED HEREBY OR
ANY DEFICIENCY REMAINING UNPAID AFTER THE FORECLOSURE SALE OF THE MORTGAGED
PROPERTY; HOWEVER, NOTHING HEREIN CONTAINED SHALL PREVENT MORTGAGOR FROM
ASSERTING IN ANY PROCEEDINGS DISPUTING THE AMOUNT OF THE DEFICIENCY OR THE
SUFFICIENCY OF ANY BID AT SUCH FORECLOSURE SALE THAT ANY SUCH TENANTS ADVERSELY
AFFECT THE VALUE OF THE MORTGAGED PROPERTY.
IN CONNECTION WITH THE EXERCISE OF AGENT'S RIGHTS ABOVE, MORTGAGOR HEREBY
AUTHORIZES AND EMPOWERS ANY ATTORNEY OF ANY COURT OF RECORD IN THE COMMONWEALTH
OF PENNSYLVANIA OR ELSEWHERE, AS ATTORNEY FOR AGENT AND ALL PERSONS CLAIMING
UNDER OR THROUGH AGENT, TO APPEAR FOR AND CONFESS JUDGMENT IN EJECTMENT AGAINST
MORTGAGOR FOR THE POSSESSION OF THE MORTGAGED PROPERTY AND TO APPEAR FOR AND
CONFESS JUDGMENT AGAINST MORTGAGOR AND AGAINST ALL PERSONS CLAIMING UNDER OR
THROUGH MORTGAGOR, IN FAVOR OF AGENT, FOR RECOVERY BY AGENT OF POSSESSION
THEREOF, FOR WHICH THIS MORTGAGE, OR A COPY THEREOF VERIFIED BY AFFIDAVIT, SHALL
BE A SUFFICIENT WARRANT; AND THEREUPON A WRIT OF POSSESSION MAY IMMEDIATELY
ISSUE FOR POSSESSION OF THE MORTGAGED PROPERTY, WITHOUT ANY PRIOR WRIT OR
PROCEEDING WHATSOEVER AND WITHOUT ANY STAY OF EXECUTION.
IF FOR ANY REASON
AFTER SUCH ACTION HAS BEEN COMMENCED IT SHALL BE DISCONTINUED, OR POSSESSION OF
THE MORTGAGED PROPERTY SHALL REMAIN IN OR BE RESTORED TO MORTGAGOR, AGENT SHALL
HAVE THE RIGHT FOR THE SAME DEFAULT OR ANY SUBSEQUENT DEFAULT TO BRING ONE OR
MORE FURTHER ACTIONS AS ABOVE PROVIDED TO RECOVER POSSESSION OF THE MORTGAGED
PROPERTY.
AGENT MAY CONFESS JUDGMENT IN EJECTMENT THEREIN BEFORE OR AFTER THE
INSTITUTION OF PROCEEDINGS TO FORECLOSE THIS MORTGAGE OR TO ENFORCE THE LOAN
DOCUMENTS, OR AFTER ENTRY OF JUDGMENT ON THIS MORTGAGE OR ON THE OTHER LOAN
DOCUMENTS EXECUTED IN CONNECTION