Laserfiche WebLink
<br /> <br /> <br />I <br /> <br />38. That the Mortgacor shall provide <br />parking, fac11i ties within the mortgaged pr~ll~el5'i <br />111., .q~ footageatlea$t. sUfficient tc)..park;2U6( <br />_five., (')1l~~81i1:. <br />American . cars for eac~ enethOU&fU1d.~re,Jetlto1'l., <br />area'~~"'ithins~~;. <br />be \,teed' e:xclusivel.Yfor~r~1Il1c~..,'.,o1'. .tenantlll~ <br />of Ute employeeat HeenaeeSllUadeus.tOlllers oft <br />of the. buildings eQl1sti"tlcted., on said, ptU'cel ana..'..,..,".', <br />1110 long a.s this Mortgace remains. in full , rorcea.n~ <br />these iaprovements and adequate Upt and polieeth, <br />cause same t.o be done; and. Mortgagor further acrees. t.ha~ <br />Hid parking areas, and as a part thereof , there shaH, bepTo# <br />suft"icient paved areas for ingress and egress and ript?c)f <br />and from the adjoining public thoroughfares and parkins <br />in no event shall such parking areas be smaller thanreCl~ <br />l~al zoning regulations. The refusal or failure of Me, ,,' ',// .,< <br />successors or assigns, o:ll~~.~__1&jill1.t.~~.. <br />~~,...~~*~~ or any sUbsequ"ntowner <br />of said premises, to comply with the foregoing shall constitute a <br />defauH; herein and" the entire indebtedness secured herebyshall~at. <br />the option of the Mortgagee, become immediately due andpa~l.. <br /> <br />39. Notwithstanding any prOVision herein to the contrary. <br />in the event of any default hereunder on the part of the Mortgagort <br />the Mortgagee shall be entitled to enforce any of ,its remedies therefor <br />only after sucb default shall have continuea uncorrected for ten (10) <br />L,J__'_______'_i~~ter_.1>!ri tten _ not~~~_,w.J.1I!.,!"_~~ct_~.Q~ default in ~~e P&Y'IlIent <br />, of principal and/or interest due under the Note secured hereby or with <br />respect to any other monetary defaults, and with respect to all other <br />defaults. for twenty (20) days after written notice or such longer <br />period as may be required to cure such default if such default 1s of <br />a nature that cannot be cured within twenty (20) days provided Mort- <br />gagor commences to cure the same within such twenty (20) day period <br />and thereafter continues diligently to prosecute the same to comple- <br />tion. Such notice shall be deemed sent when placed in a post office <br />box and sent by registered or certified mail to the Mortgagor at the <br />address above set forth or to any other addresses given by Mortgagor <br />by notice in writing to the Mortgagee, provided that in no event shall <br />the Mortgagee be r(!quired to send notice to more than two ent! ties and <br />to more than two addresses. <br /> <br /> <br />7 <br /> <br /> <br />-11- <br /> <br /> <br />..J <br />