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--- 1 - � - i � t � i r ��,.:. �a��r� required to satisfy such taxes, assessments and insurence � premiums, when due as provided above. Irs the event af defau��t, � the Mortgagee sha 1 1 be ent i t i ed to app 1 y r�r.�f funds i n escro�r against accrued interest. if any, and the unpaid prinCipal tralance of �his Note. The Martgagee shall have no, liabiiity for any . interest on such escrow acc�unts and sh:ail be entitied to wi�hdraw fr6m such accounts to satisfy such taxes, assessments and ansurance premiums. 5. C'•orxiition of M�,rt�a� Pr'op�ctY. Kortgagor t i) wi 1 1 keep � �he Mortgaged Property $nd all buildi.r.gs artd other lmprovements �Fhereon in good condltsoR ard r�epair, (ti ) wi11 comply with a11 baws. ordinances and r�g�ieti�r:s of al � public authorities reiating t4 the Mortg�ce� Property or the use thereof, ( iii � wiil �ot suffer any waste tc� te cortm i ttec� t'liereon, and ( i v) w i 1 i not remove, demolish or alter any buildings. imp�ovements or fixtures �hereon without the prfor wrftten consent of the Mortgagee. 6. Default. If there be any f�ilure or defa�lt in the . performance of any of �tne terms and crndi ti ons of tt^i s Mortgage o�^ . any other agreem�nt se�uring the Note. or if the NatA or any installment or other charge thereof is not paid when due, or if the Mortgagor shail become ihsolvent or be the sub,��ct of any bankruptcy or insolvency proceedings, or if the Mortgaged Property should come into the Fossession or caretrol of any court prior to the full payment of the debt secured hereby, then ali of the , remaintng debt secured hereby, accrued inter�est, and ali other �: charges shall become due and payable without further notice at the eleGtion of the Mortgac3ee and this Mar-tgsge may thereupon be : �� foreclosed immediatelyo 7. Ris�ht to Cure. Mart�?a�ee shall have the power. but shall nvt be obligated, to cure any of �he Mortgagor's default5 hersin ancf any amount pa 1 d h�e�eunder by th� tNtortgagee sha i f be cans i der�r� � additional debt owned by the Mortge�� and secured by this � Mdrtgage and shati be PeYeble on demand, witi.� interest at the � hi ghest 1 ega 1 rate apP 11 cab 1 e to a natura 1 �erson. or 1 f the �:. Mortgagor is a corpor�tlon, or partnership or athe� entity at the , default rate provided 1n the Note; Mortgage� 15 t��reby expressly subrogated to ali the rtghts of the persore mr entity recelving any 9uch payment. 8. As�dca��rnent of Rer�ts. To fu�-�her secure t�e Note, Martgago� herepy essigns to the Morta:agee. all the rents, revenue, prof i ts and i n�:ome fram the Mortga��c� Property and the po�sess t on ti�ereof for C!�p purpose of col 1 ect i ng and e�^�forc i ng the same. � Mortgagor does hereby constitute ar� appoi�st the Mortgagee its -3- +....•_==--- .� 9�. � L. __._! ��' ; ��.. n� �. .� � __.J -� �. .�/:� _.�.., � ,�� , .• . . � . . _ _ n ` �,.T'�•yY1$ ., .- q °- -a�,jta�-. i _ -Y.'�.,�� . :: f.� . .-,... ; _ _ . . - �. . ..- ._- ._-°_ ----.- .-._� �., -'- - ------ -- - - -- - - - - -- - ' � --- — - - - - _, _ . . --°-- .---- -'._'- '-� - - ._ ,_T _ _... - � --- - - ' -- ---� -•, - � --�- . , �- . . . . , 5 �' � :r . . ':._ '� _' .j • . ' �'�'i� ' . . ' ' - .__ .. .r ._,:� .'. '� •�,� :� _ }l-`•_ ., . .. , .. . . — ,..r�. - . .