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82° t}02358 waste, and free from mechanic's or other liens not expressly sub- ordinated to the lien hereof; hot to make, suf=er or permit any - nuisance to e:~ist, nor to diminish or impair the value of the Property by any act or omission 'to act; and to comply .with all requir:ments of law with raspect to the_Property; not to make structural changes or additions to the Property without prior written consent of'the Mortgagee. 6. Gondemnatior.. In the events the Property, or any part thereof, shall he taken by°eminent domain,. the Mortgagee is empowered to collect and receive all compensation which may be paid for any pro- ,petty takem or for damages to, property not taken, and Mortgagee shall -'apply such compensation, at its op ion, either to a reduction os the indebtedness-.secured hereby or to repair .and res ore the propert~> soidamaged. 7. Performance by Mortgagee._ Mortgagee may, .but shall have no obligations to do any act which the Mortgagor has agreed but fails to da, and' Mortgagee may also do any act>it deems necessary to p.ro- tect,the lien hereof.. Mortgagor agrees-to repay, upon demand, any sums a eacpended` by the' Mortgagee for the:. above purposes,. and any. sums so ex~aended by the Mortgagee shall be added to the indebtedness - secured hereby and become subject to the 3ien hereof. Mortgagee shall not-incur any personal. liability because of anything'it may do or'omit to do'hereunder. 8. Default;; Assignment of Rents. Time is-of 'the essence hereof, :and .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'shail be entitled; at its sole option- :.and without-notice, to declare alI sums secured.: by ',this. Mortgage wo be immediately due and payable and-may commence forec osure of this Mortgage by judicial proceedings; and,'provided further, that upon 'such default the Mortgagee, or areceiver'-appointed bg a court, may at its option and without regard to the. adequacy of. the 'security, enter_upon.and take possession of the Property and 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,'issues and profits being assigned to the Mortgagee`as further security for the payment-of the indebted- Hess-secured hereby. 9. Transfer of Property. If all or any part of the Property is sold or wransferred without he express written consent of 'the Mortgagee, Mortgagee may at i s sole op ion, declare<a11 sums.-secured by thss Mortgage to be immediately due and payable. 10. Late Charge. At Mortgagee's optiom, Mortgagor will pay a '"late'charge" not exceeding four per centum {4~) of any installment when. paid more than fifteen (15) days after the.due date thereof'to cover the extra expense involved in handling delinquent payments, but such "late charge" shall not be payable-out of the proceeds of any sale made *_o satisfy the indebtedness secured hereby-unless such proceeds are sufficient to discharge the entire indebtedness and all proper costs and. expenses secured wherecy. i1.. Miscellraneous:Provisions. (a) Any forebearance in exercising any right or remedy shall not be a waiver whereof. (b) A13 remEdies-provided herein are distinct and cum- uiative o any other right. afforded by l.aw br equity, and may be exercised eoncurrent7.y, independ- ently pr successively. (o? The-c:o'aenants and. agreements contained herein shall bind, and the rights inure to, the respective successors a:nd assigns of the Mortgagor and the Mortgagee. -z-