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� .._. � — - _ ___ _- -_---_- <br /> . � ...���.�-.—� �_,��.�, , _ .. : <br /> --�- . .� <br /> __•- - <br /> , y;, , ,y�.y �... '_"_.� '. . <br /> {.... � •.. ' <br /> .. : _aa.�. ....� ------ <br /> _ k�51" �._.a�. �+- __. . _. <br /> -----_._. . . _ .. .._.... .._. _ ._.._.... ---------- <br /> . ,. . 98— ios�1s - <br /> A. �• <br /> Section 3.1 Mortgagor shall be in default hereunder if: <br /> (a) hiortgagor sleatk fail to xnake as the same becomes due. an�r PnYm�nt <br /> (w�hea for pri�ncipad ar interest or boQi)on�:t�a:es; <br /> (b) Marcg�g�c shall fail to make as the same becomes due at►g psym�nx <br /> �a�Zi�r�ed tca be made by Mortgagoa w�der t►ae ternas of this Mortg�ge or <br /> iu�i'icr t�ttrms of the Natcs for amounts�a�r u�t�r than for principal�x <br /> l�M1I�EiCSX; <br /> (c) Martg��shall fail to perform and observe any and xl�cu1F�artgago�r,� <br /> covenants and obligations,other than for payments,undor t��R�rnu af t�e <br /> Notes.ttas Mortgage or the other Loan Documents, or bG in defuult ux�er <br /> any of the conditions therein spocifiai; <br /> (d) if any proceed'w$s be instituted, Perition �led ur process issued by or <br /> aaainst MortSagor under any bankcuptey or insalvency laws or to pls�ct <br /> the Collateral or any part tlxreof in the cu�tady or control oi auy �� - <br /> through a roceiver or other vfficer, which prcieeedings are not sec aside, <br /> diemissed or revoked within thirty cY�rys. � <br /> (e) if.Mortgagor is dissolved(cxapt as may be pennitted under Secdon�2.$ <br />- o�.the Plrst Adde�um)or forfetts any franchise or makes any�assigna�et►t <br />- for the benefit of creditors; � , <br />- (fl if MoRgagor is declarod a bankrupt or an order for relief is grantesi witb , <br /> rtspect to Mortgagor as a debtor in procced�ngs und�r the Unitod States <br /> = � Banicniptcy Caie as now or harcafter amonded; <br />�: , , <br />� (g) if by or with the consent or at the instance of Mortgagor proceedin8s to <br /> a extend the time of payment of the indebtedness or any obligation secured <br /> by this Mortgage or to change the terms of such indcbtalness or of tl�is <br /> = Mortgage be insdtuted uncler any bankcuptcy or insolveney law or if the <br /> Collateral or any part tlxrcof is placed in.the custody or control�of any <br /> - receiver, custodian, or other officer of a court; or <br /> n� <br /> ?.. <br /> � (h) unless fully covered by insurance,any judgment against Mortgagor or any . <br /> � attachment ar other levy against any property of Mortgagor with respect <br /> . to a claim or lisbility for any amount in excess of $100,000 remains <br /> . unpaid, unstayed on appeal� undischargod, unbondal or undiemissed for <br /> � a period of ten days after rendidon of such judgment or the makin� of <br /> � s��ch attachment or levy. <br /> SUPPLEM�NTAL QAAND IISUND MORTOAUB 21 <br />