5.1. HRSR 05-02-2005 - Laserfiche WebLink

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thereof, either temporarily or permanently, in or by condemnation or other eminent domain proceedings, or by reason of sale under threat thereof, or in anticipation of the exercise of the right of condemnation or other eminent domain proceedings. Mortgagor will file and prosecute in good faith and with due diligence what would otherwise be its claim in any such award or payment, and will cause the same to be collected and paid over to Mortgagee, and Mortgagor irrevocably authorizes and empowers Mortgagee (which power is coupled with an interest and is irrevocable), in the name of Mortgagor or otherwise, to file, prosecute, settle, or compromise any such claim, and to collect receipt for and retain the same. The proceeds of the award of payment may, subject to the provisions contained in Section 6 hereof, after deducting all reasonable costs and expenses which may have been incurred by Mortgagee in the collection thereof, at the sole discretion of Mortgagee, be released to Mortgagor, applied to restoration of the Mortgaged Property, or applied in reduction of the Indebtedness secured hereby. 14. . REAMORTIZATION. At the option of Mortgagor, the Indebtedness may be reamortized on terms acceptable to Mortgagee if: (i) a partial prepayment results from an award in condemnation in accordance with provisions of Section 13 hereof, or from an insurance payment made in accordance with provisions of Section 6 hereof, and (ii) there is a resulting loss of income from the Mortgaged Property. 15. INSPECTION. Mortgagee, or its agents, may at all reasonable times enter upon the Mortgaged Property for the purposes of inspection. Mortgagee shall have no duty to make such inspection and shall not be liable to Mortgagor or any person in possession if it makes such inspection. Mortgagee, or its agents, shall also have the right at all reasonable times to examine the books and records of Mortgagor pertaining to the Mortgaged Property and to make extracts therefrom and copies thereof. 16. NO DISCRIMINATION. So long as this Mortgage and the Note secured hereby are held by Mortgagee, Mortgagor will not execute or file for record any instrument that imposes a restriction upon the sale or occupancy of the Mortgaged Property on the basis of race, creed, color, religion, sex, national origin, familial status, marital status, status with regard to public assistance, disability or sexual orientation. 17. SECURITY INTEREST. This Mortgage shall constitute a security agreement with respect to, and Mortgagor hereby grants Mortgagee a security interest in, all of Mortgagor's accounts, equipment, personal property, and fixtures, and all proceeds thereof, presently or hereafter used in the operation of the Mortgaged Property. Mortgagor hereby authorizes Mortgagee at any time and from time to time to file any and all financing statements covering Development Name, City LMIR-Combination Mortgage, Security Agreement and Fixture Financing Statement Dev. # ] 0 Date_