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<br /> � � � � all necessary charges and expenses, on account of the Secured .
<br /> Indebtedness, and Borrow�r sri�l transfer and assiqa to Lender,
<br /> � in form satisfactary to Lender, eorrower's lessor irrterest in�
<br /> _ .. � anp �ease now or herea€ter. af€ecting the who3e or anlr part o€ �
<br /> . ` the Prernises,; < � �
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<br /> , (b) enter upon and take p�ssessiun of the � �
<br /> � � Premises, with ar without the appointment af a receiver or' an � .
<br /> appiication therefor and with or �rithout employing a manaqinq �
<br /> � . aqeat of the� Premises; and ].et the Premises, either ia its own . , �.
<br /> � name or in the name of Borrower;
<br /> � � (c} pay ang sums in anp form or manner deemee3 . .
<br /> ` � expedient ��a �nder .to protect the securitp. of this iastsument :
<br /> or to cure anq ���c: of d�fault, other than paymea�.`�� ��erest : , � = '
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<br /> - - ` �` ar pg��ig�� an 5���_ Y�d+�teda��s: . make anp g�g�cn����reb� - ,
<br /> � , authorized�to be �a� acco��c� ��� aay k,i I I, state�nent.:�3 � � .
<br /> , � estimate furaished ox=procr.a��. ��om the appropriate piila�ic . � �
<br /> officer or the party clai�i���p��ent without inquiry ���a the ; � � .
<br /> � aecuracp or val_iditg� thereo�; ''a�.�• the receipt of any such
<br /> . publ��' �dffiCer ar party in the hands of Lend�r shall be' - � � - � �
<br /> .: . ,.,.
<br /> • conclusine evidence of- the validity and amounf of itenis �o �- , �
<br /> paid, in whi�h eveAt the amouats so paid, with intezest thereon
<br /> • from the date of such payment at t�.e rat� of 14.40 percent per � �
<br /> aanum, sha12 be added to and becc�� a ��st 'of tkae Secured _
<br /> .. Iadebtedness and be immediately d�n� anc3 �ayable �o Lender; and � '
<br /> Lender shall be subrogater� to anp �ncum�rance, lien, c�aim or , �.
<br /> � � demand, and to all t�e rights. and secusities for the papmeat _ �, _ . ..
<br /> ' ther�of, paid or discharged with the principal sum seetited , �
<br /> herebp or by Lender under the provisions hereof, and any such � �. ='
<br /> subragation �ights shall be additional and cumulative securitp =
<br /> to this instrument; • .=
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<br /> ? (d) upon Borrower's breach of any covenant or
<br /> agreement of Horrower in this Mortgaqe, including the coveaa�ts =—
<br /> to pay when due any sums secured by this Mortqage, Lender prior '.M=
<br /> to acceleration shall mail notice to Borrower as provid�3 in � '
<br /> paragraph ia hereof s�ec�fying: ti) the -breach; (2) the actia�. � ' '`
<br /> requi�ed to cure suc�i breach; (3� a date, not less than 30 days
<br /> from the date the notice as maiie� to Horrower, by which such � .;
<br /> breach must be cured; anal �4) that failu�� to cure. such breach � -
<br /> oa or before the date specified in the notice may result in .
<br /> acceleration of the sums secured by this Mortqage, foreclosure ' ��'
<br /> - by judicial proceedanq and sale of the Property. The notice _ - F
<br /> ' sha11 further inforc� Borr�wer of the riqb�t to reinstate after ��
<br /> acceleration and foreclos�are. if the breach is not cu�ed on or
<br /> before the date specified in the notice, Lender at Lender's � '
<br /> � option may declare all of the sums secured by this Mortqaqe to
<br /> ' be immediately due and payable without fuzther demand and may � � .
<br /> . foreclose h�r judicial proceeding. Lender shall be entitled to
<br /> __. _____ ..... . ..... collect..in._sa�ch proc+eeding .all .expenses.of.. foreclosure,_ _ ._._.___.__.___._____.._.___.:: _ _ .._._ . .
<br /> fncluding, but nat Iimited to, costs of documentary evidence,
<br /> • abstracts and title reports. �.
<br /> 1�. HORRO"r�'ER'& 1RIGHT TO REINSTATE. Notwithstandinq
<br /> Lender' s accelerattan of the sums securec� by this Mortgage,
<br /> Bor�c•�rer shall hav$ the riqht to have any proceedings begun by •
<br /> L�ader to enforce this Mortgage c�isCOr�tinued at any tir�es prior
<br /> . tc ��ntry of a judgm�nt enforcing this Ma��qage if: . tal `---�-�� :
<br /> Horrower pays Lender all swns which would be then due under �
<br /> this Mortgaqe, the Note and notes securinq Future Advances, if � �
<br /> any, had no. acce2eration oacurred.; (b) Borrower cures all
<br /> _ breaches o£ any other covenants or agreements af Horrower . �:.
<br /> � contained in thi� Ndortgage;� (c) Horrawer pays aIl reasonable � �.
<br /> � expenses incurr�d by Lender in enforcing the covenants and �
<br /> L agreements of Horrower aontained •in this Mortqage and in
<br /> eaforcinq Lender`s remedies as provide� in paraqraph 9 hereof, , 4,,,
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