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<br /> Sectlon 2.18 Upon demand by Mprtgagee,Mortgagar shall pay to Mortgaga on the first d�y
<br /> af each month, together with aad in addition to the regular inst�llments of ..
<br /> principal anci interest due under the Notes, until the indebtedness socurod hereby
<br /> is paid in full,�an amount equal to one-twelfth (1/12) of the yearly wces aiyd
<br /> ass�:�:�4ats, :a�suran�c prarniums, �d othcr simila� chargas as astimated by
<br /> Mnrtgagee ta be suf�cient to enable Mortgagce to pay at l�ast ten (10) days
<br /> before tt�y become due, aIl taxes, assessments, insura�e premiums and other
<br /> similac charges against tlie Co�lateral. Mortgagee may cammingk such fucds,
<br /> and shall not t�e obligatal to pay intere.�t on any such sums. Upoa demand of
<br /> Mortgagex, Mortgagor shall deliver to 1Vlortgagce such additional sums as su+e
<br /> necessary to enable Mortgxgee to pay such taxes, assessments, insurance
<br /> prenniums and similar charges.
<br /> Section 2.19 Should Mortp�aga•r full to rnalce any paytnent or W do any act henin provided,
<br /> then Mortgagec,�.but without obligatiun so to do and without naace to or demand
<br /> upan Mortgagor and withaut releasing Mortgagor from any obligation hereof�
<br /> may: make ar do the same in siach manner and to such extent as MortgAgec iriay
<br /> deem necessary to�atect ihe sex:urity hereof; appear in and defend any aciion or
<br /> P��B� P�Y�ciic,� t� aff�.-i it►� s�.urir�► k;.rxf ar s.�e ::gk*:or ���rs �f
<br /> Moz�gaga, PaY, Ixu�hase, contest or eompromise any cncurnbrance, charga or
<br /> lien which,in tLc judgmeatc of Mortgagee,ap�xars to be prior or superior hereto;
<br /> n.wl ia n��nriaina anv�neh nnwcr:a. nav tlecessBCY CXpCriSCS. CNp10y COl1TISC1 Ai1t1
<br /> -�----, —---------o -�--. .
<br /> pay tltieir reasonablc atwrneys' fees.� Mortgagor shall pay immecliately aAd
<br /> withaut demiand all suras expend�d by Mortgagee in accordance with the
<br /> provisions of this Mortgage with interest from tl�e date of expeoditure at the
<br />- Default RAte. All such sums so expended by Mortg�gee sl�all, uatil pa�d, be
<br /> added tr�and become a pArt of t�e debt secumd trereby and with the aann�priority
<br />- of lien.
<br />" J SS411S1.41�L4D
<br />� S�crion 2.20 If the Collateral, or any part thereof, is taken or da�naged by reason of Any ptiblic
<br /> - improvement or condemnadon proceeding, or i�n any other rnea�er, Moitg�gee
<br />- sha9l be entided w all compensation, awards and other payments or rclie�therefor
<br /> � to which Mortgagor s6�11 be entided� and shall be entitlod at its, optian to
<br /> commence, appear in and prosecut� in its own name any action or procooding or
<br /> s to make any compromise or settlement in connxtion with such taking or damage
<br /> W the extent of the int�rests of Mortgagor therein. All such compens�►tlon,
<br /> awards, damages, rights of acdon and procxds to which Mortgagor shall be
<br /> , entitlal are hec+eby assigned tn Mortgagee, who shall after deducting therefrom
<br /> ; all its masonable expenses, includ'uig attorneys' fces� apply or rele�se the
<br /> ; remaining prceeeds thorevf with the same effect and as provided in subsections
<br /> , (a),(b), (c) or(d)of Sect�on 2.14 above with respect to disposition nf insurance
<br /> • proceeds, in thc sole discretion of Mortgagee; provided, that if thcr� arc any
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<br /> SLPPI.BMBNTAI.URAN�15LAND MORTOAOB 14
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