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l.?:\S.:! )t the same in the name and as the agent of the Issuer and
<br />tl,l! drJrt\..>wcr 1.nd from time to time main tain and restore a nd
<br />insur~ JnJ k~ep insured the same , in the manner a~d to the same
<br />~xt2nt ,s is u s ua l with like proper ties a n d likewise , from time
<br />to t.L~e. ~3ke all necessary repairs, renewals, replacements,
<br />.l l t~r.1tLons, ,1dditions and improvements thereto and thereo n as
<br />may ;~e,a judicious and l ease the s ame or any par t thereof, as
<br />ef fl!ct u~l lt as the Issuer could do, and the Trustee shall be
<br />~ntit leJ to collect a nd r eceive all rents, revenues and income of
<br />the :'r.:>Jl!Ct a nd eve ry part thereof -"nd, after paying the expens e
<br />of l.?a!lLri·-3 the s,1 me, including the expense s of maintenance,
<br />r-~,>.:11r s .1n :l insurance or other charges thereon, as well as just
<br />~nu r~dsonable compensation f or the services of the Trustee and
<br />i.ts .,.;.:mt.s, attorneys, receivers, or counse l, the Trustee shall
<br />appl/ ~he money arising as aforesaid as provided in Section 9.7
<br />hercoi:.
<br />{~) The Trustee, with or without entry, personally or
<br />by .1:;.~.:,ra~•,, :nay in its discretion sell, or cause to be sold all
<br />1nJ 3L:iJul~c the Project, and all the estate , right, title and
<br />Lnter~st, ~laim a nd demand therein , or any part of the eroject,
<br />incluJ1r13 ~ny item of Eguipment, such sale or sales t o be made at
<br />puol .i.c r,u tcry at the main door of the Indian River County,
<br />Florida, courthouse, at such time or times and upon such terms as
<br />::ta y !",e ::-c ,,iui r ed by law or as the Trustee mily determine afte r
<br />hav1:i~ firs t given notice of the time, place and terms of sale,
<br />to~etner ~ith a description of the property to be sold, by publi-
<br />c aci~n ?nee 4 ~eek for 3 consecutive weeks prior to such sale in
<br />any ne~spap~r then published in such County, td the eKtent such
<br />suit ?r proceeding may be required by law, with or without
<br />f urthcc, other or inciden tal r e lief , such as the appoin tme nt of a
<br />receiv er, the speci fic enfo rcement of covenants o r obligations or
<br />an injunction to prevent violations or threatened vio l ations of
<br />.:iny covenant, obligation or agreement provided by this Indenture.
<br />(fl The Trus tee may take any act ion or e xerci se any
<br />ri3i1t :ir r,,rivilege, with respect to the Project, as is or. may be
<br />pen:1it.teJ \Jy secured creditors yenerally under the laws of the
<br />St.:tte.
<br />(J) The Trus tee may fore close the Mo rtgage by j udicia l
<br />proce!!:iin1 s in the mann er proviueu by Lhe laws of the State for
<br />the torccLosure of mortgages , and in such event may bid for or
<br />beco~e th e purchaser of the Project at the foreclosure sale and
<br />be ent itled to hav e th e purcha se price payable at f orec los ure
<br />sa le p,liu by cre.Jit to t.he juc.lg111 e nt of foreclosure , and sha ll be
<br />enti.tleJ t,) recover a deficiency judgment for the balance, if
<br />an1, Jue ~nJ payable hereunder.
<br />-53-
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