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I � i :: 89- f0�� fnterast ratea), of any such obligations, or grant other � indulgencea; release or cause ta be released at any timn et Mort�agee'e option, any parcel ar portion of the Collateral, take or release any other or additional geourity f.or any obliga- tion herein mentioned, conaen4 in writing to the making of any map or plat or the replatting thereof and/or meke compoaition ar othor arrangemente with any debtors or intereeted person� in relation thereto. If Mortgagee at axiy ti�ns holds eny iadclitional security or guaranty for any obligations secured 4 hereby, it may enforce the sale thereof or otherwise realize • 1 � upon the same at ita option, either before or concurrently � therewith oa� after proceeding to eaforce any reraedy with reapect to thia Mortgage, including proceedinga for forecloaure. -= , M. Revlscement and Subatitutions for Machinerv and Eauipment. r - :� Section 2.31 MortRagor shall have the riaht t� �,AtiA PAT1�AAl11Mfe7�*� c .. � �-�' .- -- --r---....�...... �_ �_ t.,�; aubatitutions for any item of the Collateral which canstitutes �; -�� machinery or equipment without the prior consent of the �: Mortgagee ia the ordinsry course of buainess provided thst the -_ . value of the Collateral se security ia not reduced or impaired � � . " by such substitution or replacement and Mortgagee shall, as of ; the tlme such replacem�nt or substitution is effeoted, have a � ; valid and perfected first security interest in the aubatitute or :� ' replacement item. In the event of any failure by Mortgagor �o {�� comply with the requirements aet forth in this Section 2.31, ' Mortgagor shall have a periad of thirty (30) daya frnm the date Mortgagor first beco�es awere of its failure to ca�uply, 36 U �---_- i I I � • � � � � � �•` iy � ,. � �