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<br />$4 -- iiCi0181 8th -~~59 s.
<br />and prosecute in its own name in the action or proceedings, or to make any compromise or
<br />settlement in connection with such taking or damage. Afl such compensation,,awards,.
<br />damages, rights of action and proceeds are hereby assigned to f/ortyagee, who may, after
<br />deducting tFer~ram all of its expenses, including attorney's fees, eel-ease any money'so,
<br />reci:ived by it or apply the same on any indebtedness secured hereby. Mortgagor agrees to
<br />execute such further assignments of any compensation, awards, damages and rights. of acfiion-
<br />.and proceeds as Mortgagee may require.
<br />10. That PAortgayor shall comply, at aII tinier, with all federal and-state laws, all
<br />municipal ordinances and all rules and regulotions of any governmental entity,,haying`.-
<br />jurisdiction over the premises, insofar as said laws, ordinances, ropes and regul-at`i'ons
<br />pertain in any way to the premises and their use.
<br />II. That the Mortgagee, and any persons authorized by Mortgagee, stroll have-the-right.-
<br />to enter and inspect the premises at all reasonable times.
<br />12. Mortgagor will not further mortgage or encumber the premises, or assign; or
<br />attempt to assign, the rents, or any part thereof, from said premises.. Mortgagor witl
<br />not, exczpt where tnp lessee is .n default thereunder, terminate or consent to the cancel-
<br />lation or surrender of any lease of the premises, or any part thereofi,.novr existing or
<br />hereafter made, or modify any such !ease. so as to shorten the unexpired term thereof or
<br />so as to decrease the amount of rents payable itr;:reunder-, or accept payments of any
<br />installments of rent to become due under such leases for a period of more than one month.
<br />in advance. Mortgagor will not execute amp lease of any portion of the premises except
<br />for actual occupancy by the lessee thereunder, will at all times promptly-and faithfully
<br />perform, or cause tc be performed, all of the covenants, conditions and agreements
<br />contained in all leases of the premises now or hereafter existing, or. -the. part of the
<br />lessor thereunder to be kept and performed; all leases upon the mortgaged premises shall
<br />be in form and substance satisractory to P~lorigagea and, at the option of Mortgagee, shall
<br />be assigned to f~iorteagee.
<br />13. In the event that ~tilortgaeor makes an assignment for the benefit of creditors, a
<br />receiver is appointed fee the Portgagor or for all or ar,y part of the premises, or if
<br />Portgagor files a petition or institutes proceedings in bankruptcy or is adjudicated a
<br />bankrupt under any St3t2 law for the relief of debtors or under the bankruptcy laws
<br />of the United States, cr if any of 'rhe fcregeiny shall happen to any co-maker or guarantor
<br />of the promissory note secured hereby, then, or at any time thereafter, the whole of the
<br />aforesaid indebtedness and all other sums secured by this mortgage and any other securing
<br />agreement given in connection with t;-.is Ivan shall become due and payable at once at the-
<br />option of the P~tortgagee and iMortgagee shall be entitled to declare lhis mortgay 'o be in
<br />default. The acceptance of one or r*~re payments on the indebtedness or any sum=_ secured
<br />by this mortgage made by anyone other than the Mortgagor prior tc confirmation of fore-
<br />closure sale shall not constitute itiartgagee's waiver of its right to accelerate the
<br />maturiiy of the aforesaid indebtedness a;~d all other sums secured 'Hereby.
<br />Id. ido remedy conferred upon or reserved to Ptartgagee in this mortgage or any other
<br />securing agreement is intended to be exclusive of any other remedy or remedies (and each
<br />and every such remedy shall be cumulative, ,nd.~all be in addition to every other remedy
<br />given hereunder, ar now or hereafter) existing, at law, ir; equity or Ly statute.iJo delay
<br />or omission of ;~iorfgagee to exorcise any right or power accruing open any default shall
<br />impair any such right or power, or shall be construed to be a waiver of any such default,
<br />ar an acquiescence therein; and every power and remedy given by this mortgage to -the
<br />P,9ortgagee may 6e exercised ;rpm time to time as often as may be deemed expedient to
<br />tortgagee.
<br />15. Mortgagor will keep adequate records and books of account in accordance with
<br />generally accepted accounting principles and will deliver is Mortgagee, within a5 days
<br />after the close of each of ;4ortgagor's fiscal years an itemized statement certified by
<br />an officer of t%rortgagor showing all items of income and exper;se for the mortgaged property,
<br />setting forth in each Casa, in comparative form, figures for the preceding year. Through-
<br />out the tErm of this mortgage, ."Mortgagor, with reasonable promptness, will deli°ver to
<br />Mortgagee such other infonnaricn with respect to `the mortgaged premises as Pdortaagee may
<br />reasonably request from time to time. Ail financial statements shall be prepared in
<br />accordance with generally accepted accounting practice and shall be delivered in duplicate.
<br />IVOw if said Mortgagor shall pay ar cause 1o be paid ,aid sums of money when due as
<br />set forth in said Note and in this insrrument, ar:d any additional advances made, with
<br />interest, as herein provided, and shall also have paid all other indebtedness secured by
<br />this Mortgage ar,d shall have faithfully and fully kept and performed each and all of the
<br />covenants and agreements herein car~tainad or contained in said idOte or any ether notes or
<br />agreements for addii'ior,al advances, then this conveyance shall be null and void, otherwise
<br />it shat! remain in full force and ettect.
<br />if default shall be made in any payment due on said Note a' this instrument, or en
<br />any other notes ar agreements far addition a; advance=; or in keeping rhe improvements an
<br />said premises insured as aforesaid, with loss, if any, ;payable to said ;ssociatian; or in
<br />payment of taxes or assessments c>f any nature upon said premises or this P-h>r-tgage ar
<br />indebtedness secured thereby, efare the s:;me become deiinqu~~rit, if provision for ac;vance
<br />p~ymc~nt has Hat' been made as des;:ritied -above, or in the event that 'rhe requirement for
<br />advance p.?ymeets is waived; or in the evet;t That '~,c,rtgagor tails to confarn~ra and comply
<br />with or should cstherwi~e broach any cf the conditions cep=enants or agreements ::onfained
<br />in Yhis- ~i-#gage:, or tt,a ilutn °.rhictr i~t s4 cure=s, Jr anti o~trae, n~
<br />rtes ar agreornents for
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