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85-., 004553 Section 21. Sale of the Project. If the Project, or any portion thereo is sold or otherwise transferred, whether voluntarily or by operation of law, except in accor- dance with Sections 10 and 11 hereof, without the prior written consent of the Trustee, then the Trustee shall have the right at its option subject to the provisions of Section 24(b) hereof to declare the indebtedness secured hereby immediately due and payable, upon the same terms and condi- tions in the manner provided for in the Agreement; provided, however, that the Borrower shall have the right to sub- stitute and replace personal property and equipment at its discretion so long as the value of the security is not reduced, and such substituted or replaced personal property and equipment is covered by this Mortgage and the Issuer and the Trustee have a first and prior security interest there- in, as provided in Section 10 hereof. Section 22. Inspection of the Project. The Issuer or the Tcubtee is authorized by itself, its agents or work - men to enter at any time upon any part of the Project and the improvements thereon situated for the purpose of inspec- ting the same and for the purpose of performing any of the acts it is authorized to perform under the terms of this Mortgage. Section 23. _Discharrge of Lien. In the event that the lien of the Indentu --re has Teen cancelled and discharged in accordance with its terms, then and in that case only, the Mortgage shall be null and void, whereupon the Trustee shall cancel and discharge the lien of this Mortgage on behalf of the Issuer in due form at the expense of the Borrower, otherwise, it shall remain in full force and effect. Section 24. Defaults Events of Default. If any of the following defau is occur, it is ere y declared to constitute an "Event of Default ": (a) The occurrence of an "Event of Default" under any of the Notes or the Agreement. (b) The failure of the Borrower to observe and perform any covenant, condition or agreement on its part to be observed or performed in this Mortgage (other than an occurrence which constitutes an Event of Default under any of the Notes or the Agreement) for a period of thirty (30) consecutive days after written notice specifying such failure and requesting that it be remedied, given to the Borrower by the Issuer or the Trustee, unless the Trustee shall agree in writing to an extention of such time prior to its expiration. Section 25. Remedies on Default. Upon the occur- rence of an Event of Deau7--r--t-Fe—Trustee , may, at its option -16-