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<br />to the lien of this 1_nri,qltnre, ur upoin any other prgvowly,
<br />shall in -lily manner or to any extent aft'eet the lien of the
<br />'P_rulstecs neon the snort �, �'ecd l�ropert�-, or any- part
<br />thereof, or any- WIN powers or remedWs of thl:, Trns-
<br />tees . -)r of the holders of the notes hereby- secured; but
<br />such lied, rights, 1,(mc -, and remedies shall conlinne mu-
<br />impaired as before.
<br />An- moneys thus Polleeted by the 'Trustees "ruler this
<br />Section shall to nppliod by the '.trustees to»-ard payment
<br />of the nmounts thou due and unpaid upon sueh note; and
<br />eoupons ill respect of which such moneys shall have Well
<br />collected, ratably and without preference or priority- of
<br />any land, except as jwnvided in Section 1_ of this :lrtiele,
<br />aceording to the amounts dne and parable upon such
<br />note; and co pons respectively-, at the date fixed by the
<br />Trustees for the distribution of such moneys, upon pres-
<br />entation of the several notes and coupons, and stamping
<br />thereon sneh a ylls d if (wily partially- paid, and upon snr-
<br />renl,�r thereof if fully braid.
<br />Src. 10. hn tho ....t that the wishes :shall emrm cuee
<br />ally appropri:llw proceodings at low or in equity for the
<br />purpose of for. el. -, -ins, the -ocurity of this nrortgagvo or
<br />deers of trust. the 'rr"stees shall, ns a matter of ri,llt.
<br />be entitled to M appointment of a receiver of and 01'
<br />all and the morta��'orl property-, and by told
<br />1llro!�,'ll said reeeQ, tr, t,k therm awi nf,er-
<br />ate the ul,i the tolls, rents, issnes
<br />and profits tilereol
<br />11. Tlli' (_�o;!il�:ll ?V" ��7i1 not at 'Illy tllllC' 111,Gt lllr,ill
<br />nr p!ead ur in ally mans er wl1,11 eve r elailn or take the
<br />benefit or advonto e of any stay- or extcllsiol by lavy TrOw
<br />or al :my time h+'real'ter i;l force, nor will it claim, take
<br />or iusiat upon .Illy benefit or advantage, from any law
<br />4i
<br />HOW ur hereafter in force providing, for vrdnatiou or op-
<br />pl-ni -olr ent of !!w umwrt,aL�.cd property, or auy hart
<br />theri:of, prior to ony sale or ,sales thereof to be nuule
<br />in pur�-,uanve of anv pro:isiou herein contained, or to
<br />the decree, or order of any court, of conpe-
<br />tent .lurissi -ethm, nor after win- sucll sale or salos «711
<br />it or exercise any ri_h•t under any statute enacted
<br />by- .uuv slate or otherlcise to redeem the property so
<br />sold, or an;v part thcrtof. and it hereby expressly- waives
<br />all Benefit anal advantage of an. such la«- or laws, and
<br />it eon chin" ±s that it will not binder, delay or impede the
<br />eX"Ution of any power heron; granted and delegated to
<br />the Trustees, but that it will suffer and pennU the exe-
<br />cution of every Buell power, as though no OU41 law or
<br />laws had been "lade or enacted.
<br />SEc. 1_2. Ito holder of and- note or coupolr secured
<br />li,.ry by shall have any ri,°ht to institute and- scut, notion
<br />or l,roe,,.NR v in equAY or at law for the foreclosure of
<br />this Indenture, or for the execution of any trust hereof,
<br />oe fw. the nppoint.n;ent of a receiver, or for any other
<br />relm Illy herellilder, unless moll Bolder shall previrnu,lv
<br />have given to the 'Trustees written notice of such default
<br />:Ind ul the eolltillulnee thereof .IS hereillbefore provided;
<br />nor nl:less. al�:o, the hollers of one - fourth in amount of
<br />t1w note• hi'l- ehy Seco•ed then outstandiu,2• shall have
<br />"lade .-ri"ten rol.nest npol, the _l rn tees, .11)d shilil ilave
<br />ol'fcred to theul a vensluuuhle opportunity, either to pro -
<br />ceed to exerciser the powers hereiuhefore granted, or to
<br />iustithlte ,nods notion suit or proeeedill ", ill their own
<br />names (.nut the Triltees, shall have ret"sed or till rca,nn-
<br />ably delayed to oomph- with such request) ; nor unless,
<br />also, they- or some one or luore of the holders of said
<br />notes, shall have offered to the Trustees security- awl in-
<br />M
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