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87— 100467 4. That the holder of the aforesaid promissory note shall be subrogatcd to the lien, though released of record, of any encumbrance, mechanic's or vendor's hen on said premises paid out of the proceeds of the aforesaid note or otherwise advanced by the holder of the mote. This mottpge shall also secure additional loans hereafter made by the then holder of the note secured hereby to the then owner of the real estate described herein, provided that no such additional loan shall be made if the making thereof would cam the total principal indebtedness secured hereby to exceed the amount of the original principal indebtedness stated herein. Each such additional loan shall be evidenced by a note or other evidence of indebtedness identifying such additional ban as part of the indebtedness secured hereby, and shall mature not later than the then maturity date of the original indebtednesss secured hereby. Nothing herein contained shall imply any obligation on the part of any holder of said tote to make any such additional loan. S. To pay promptly the principal sum, interest and any other amounts, as provided in the aforesaid promissory note, and any other sum now or hereafter secured by this mortgage. 6. That MortpW, tray, from time to tire, extend the time of payment of the aforesaid note, or any part thereof, with- out notice of or request for the same and any extension of time shall not release the maker from liability thereon or any other person liable thereon and that, in the event of any such renewal or extension, all of the provisions of this mort- gage and the lien hereof shall remain in force as fully and with the same effect as if it were made originally to mature at such extended time. 7. If requested by Mortgagee, Mortgagor rUrWCr COVCUanis ants ap w Ynj • a, - •--- - - -- each month, in addition to the installment payments provided for under the terms of the aforesaid promissory note, one twelfth (1/12) of the anticipated annual taxes, assessments and public charges, general and special, levied and assessed against the premises and the indebtedness hereby secured as estimated by Mortgagee. The amount of such deposit shall be adjusted by Mortgagee periodically so that sufficient sums will be available to pay all of the foregoing before interest accrues, and upon demand in writing by Mortgagee, Mortgagor shall promptly deposit with Mortgagee any amount m excess of said monthly payments which shall be required to pay such taxes, assessments and charges prior to delinquency. Mortgagor shall promptly forward to Mortgagee all bills for all taxes, assessments and public charges upon the premises. Such paytlutttt Shall not bear interest and shall lx applied by Mortgagee to the payment of said taxes, assessments and public ch prior to delinquency. In case of default in any of the terms of this mortgage or any other securing agree- ment now ereafter given in connection with this loan, all funds paid to and deposited with Mortgagee as provided above shnstitute additional security for all sums secured by this mortgage and may be applied by Mortgagee as a credit on: debtedness secured hereby. Mort gagee may, from time to time, at its option, waive, and after such waiver reinstate, any and all. provisions of this paragraph requiring such payments and deposits, by notice to Mortgagor in writ- ing While sneh, waiver is in effect, Mortgagor shall pay all taxes, assessments and public charges as otherwise herein provided S. That Mortgagor shall neither commit nor suffer any waste on the premises and shall keep and maintain all build - ingt, improvements, appurtenances, fixtures, all parking facilities and spaces, and other property now or hereafter situ- ated thereon in good and substantial condition and repair, and shall not take or permit any action whatsoever whereby the premises shall become less valuable. No building, improvements parking facilities or spate, or fixtures, now or here- after situated on the premises shall be removed, demolished or substantially or structurally altered in any way; nor shall any fixtures covered by this mortgage or any personalty covered or any security agreement given in connection with this loan be removed unless replaced with other fixtures or personalty with the value at least equal to that removed and free from any title retention or security agreement or other encumbrance, nor shall any capital improvements be made upon the premises without the prior written consent of Mortgagee in each such event. 9. That Mortgagor shall comply, at all times, with all federal and state laws, all municipal ordinances and all rules and regulations of any governmental entity having jurisdiction over the premises, insofar as said laws, ordinances, toles and regulations pertain in any way to the premises and their use. lo. (a) Mortgagor will execute and deliver to Mortgagee, promptly upon demand, such additional securing instruments as may be required by Mortgagee, from time to time, in form and substance satisfactory to Mortgagee, covering any of the premises conveyed by this mortgage, as well as the personal property covered by any security agreement given in con- nection with the indebtedness secured hereby, which shall evidence a continuing first mortgage lien and security interest and shall be additional security for the Mortgagor's performance of all of the terms, covenants and conditions of the mort- gage, the tote secured hereby, and any other securing instruments executed in connection with this transaction. Such instruments shall be recorded or filed, and rerecorded and refiled, at Mortgagors expense. Mortgagor shall comply promptly with all obligations contained therein and any failure to comply with this paragraph 10. (a), or the provisions contained in such additional instruments, shall constitute a default hereunder. This mortgage shall secure any further sums which may become due under such additional securing instruments. (b) If the sums secured by this mortgage are stow, or hereafter, further secured by security agreements, pledges, contracts of guaranty or other security, Mortgagee may, at its option, exhaust any one or more of said securities and the security hereunder, either concurrently or independently, and in such order as Mortgagee shall determine. 11. That the Mortgagee, and any persons authorized by Mortgagee, shall have the right to enter and inspect the premises at all reasonable times. 12. M gagOt will nor further mortgage or encumber the premises, or assign, or attempt to assign, the rents, or any part tite�reof, [rein said premises. Mortgagor will not, except where the lessee is in default thereunder, terminate or consent to the cancellation or surrender of any lease of the premises, or any part thereof, now existing or hereafter made. or modi[y any such lease so as [o shorten the unexpired term tlicreof or so as to decrease the amount of rents payable thereunder, or accept payments of sny installments of rent to become due under such leases for a period of more than one trwitth in advance. Mortgagor will not execute any lease of any portion of the premises except for actual occupancy by the lessee thereunder, wilt at all times promptly and faithfully perform, or cause to be performed, all of the covenants, conditions and agreements contained in all leases of the premises now or hereafter existing, on the part of the lessor thereunder to be kept and performed; all leases upon the mortgaged premises shall be in form and substance satisfactory to Mortgagee and, at the option of Mortgagee, shall be assigned to Mortgagee. 13. That in can Mortgagor allows the premises to be or become subject to any other lien or encumbrance, whether or not superior to the lien of this mortgage, or in case Mortgagor fails to pay all taxes, assessments and public charges as above provided, or in case Mortgagor fails to keep the premises insured as herein required, or fails to promptly per- form any term, covenant or condition of this mortgage or other securing instruments referred to in this mortgage, Mort- gagee may, at its option, without demand or notice and without waiver of any right arising from the breach of any of such covenants by Mortgagor, pay, remove or discharge any such lien or encumbrance, pay such taxes, assessments and public charges or redeem the premises from tax sale, and effect such insurance, and take such further action as Mortga- gee may deem necessary to cure any such default, and proper receipts for the payment therefor shall be conclusive evi- dence of the amounts and validity of such payments, and all moneys paid for any such purpose or otherwise to protect • the interest of the Mortgagee in the premises shall become due and payable with interest thereon at the rate of_ peon per atmum until paid, and shall, together with such interest, become a part of the sums secured by this mortgage.