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v0-- 10081- comply with all requirements of law, with respect to the property. 6. Performance by Mortgagee. .Mortgagee may, but shal1 have no obligation to, 35 any act which the Mortgagor has agreed but failed to do, and Mortgagee may also do any act Mortgagee deems necessary to protect the lien hereof.. Mortgagor agrees to repay., upon demand, any sums so expended by the Mortgagee for the abcme purposes, and any sums so expended by the Mortgagee small be added to the indebtedness secured hereby and become subject to the lien hereof. mortgagee .shall not incur any personal liabil- ity because of anything the Mortgagee may do or omit to do hereunder. 7.. Default, Assi nment of Rents. Time is of the essence hereof, an upon Mortgagor's default in any covenant or agreement of this Mortgage, including covenants to pay when due the sums secured by this mortgage, the Mortgagee shall be entitled,, at Mortgagee's sole option and without notice, to declare all sums secured by this Mortgage to be immediately due and payable and may commence foreclosure of this Mortgage by judicial proceedings; and, provided further, that upon such default the mortgagee, or a receiver appointed by a Court, may, at their option and without regard to the adequacy of the security, enter upon and take possession of the property, collect the rents, issues and profits therefrom and apply them first to the cost of collection and operation of the property and then upon the indebtedness secured by this Mortgage; said rents, i.s.sues and profits being assigned to the Mortgagee as further security for the payment of the indebtedness secured hereby. B. Transfer of Property. if all or any part of the property is sold or trans errec by the Mortgagor, Mortgagee may, at their sole option, declare all sums secured by this Mortgage to be immediately due and payable. 9_ Miscellaraous Provisions. A. Any forbearance in exercising any right or remedy shall not be a waiver thereof - B_ All. remedies :rovided herein are distinct and cumulative to any other right afforded by law or equity, and may be exercised, concurrently, independently or successively. C.. The covenants and agreements contained herein shall bind, and the rights inure to the respective successors., heirs, and assigns of the Mortgagor and the Mortgagee - D. All. covenants and agreements of the Mortgagor are joint and several. E. The headings of the paragraphs of this Mortgage are for convenience only and shall not be used to interpret or define the provisions hereof. 10.. Release. upon payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and shall execute and deliver a satisfactory release therefor. IN TATITNESS WHEREOF, Mortgage on. the day the Mortgagor has executed this of F_ j,, � ;,) i � ' 1986- i