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<br />r ,asecste 'i irr "s #s cwn ra: ~e ,r~ the -ct. ~.. ~. ,. r. _ .e, :l ,. maMe .-:y ,.a, ~.ror^i ,._ c°n
<br />szit~lemEnt i^`cor,nectian wifh s::cfa tae*.ina'ar .,asr:a,e. >"3.r >uc __ -..saticn,'award-
<br />damages, rights-of action and proceeds arF~ herzuy ~.>,i:tred to ?fcrrcagee, who ;nay, a~tsr
<br />deducting thzrerom all of its expenses, i~::'.uding attorney's f=zs, release j^=~ n~ney so
<br />received by it or apply the same on any i.n.debtedness ~ecurzd hereby. t•%~rtgayt;r agrees tc
<br />execute such further assignments of any compensation, awards, damayzs and rights of action
<br />and proceeds as h,ortgagee may require.
<br />i0. That hbrigagor shall comply, of all times, with ail fs~dera! and state laws, atl
<br />municipal ordinances and al! rotes and regulations of any gow~rnr:entai entity i?avin
<br />jurisdiction over the premises, insatar as said laws, ordinances, rules ,nd regulations
<br />pertain in any way to the premises and their use.
<br />ir. That the F.iortgagee, ar,u any persons authorized by h"~rt.,agee, shall have the right
<br />to zntzr and inspect the prerr,ises at al: reasonai;ie tires.
<br />{2 t-brtgagor wil! not fvrthzr mortgage or encumber the premises, ar assign, or
<br />attempt to assign, the rents, or any part tnereof, tram said premises. P~rrtgagor will
<br />r9at, except where the lessen is in default thereunder, terminate or consent t;.r the cancel- -
<br />l~tion ar surrender of any lease of the premises, cr any part thereof, now existing or
<br />hereafter made, or modify any such lease so as to ;hurter, the unexpired term thereat ar
<br />5o as to decrease the amount of rents payable fi;erru~;der, or accept payments of any
<br />installments of rent to become due under such leases f^r a period of more than one month
<br />in advance. i~wrtgagor will not execute any lease o' any portion of the premises except
<br />far-actual occupancy by the lessee thereunder, will at ail times promptly and faithfully
<br />perform, or cause to be performed, ai! of thz covenants, cor,ditians and agreements
<br />contained in all leases of the premises Haw or hzreafter existing, on the part of the
<br />lessor thereunder to be kept and performed; ail leases upon the mortgaged premises snail
<br />be in-form and substance satisfactory to ?Mortgagee and, at the option of Mortgagee, shaft
<br />oe assi-fined to Mortgagee.
<br />13. In the event that i~tortgagor makes an assienmer.t for the benefit of creditacs, a
<br />receiver is appointed for the Mortgagor or for all ar any part of the premises, or if
<br />-lcrtgagor flies a petition ar institutes proceedings in bankruptcy or is adjudicated a
<br />uankrupt under any state law for the relief of debtors ar under the bankruptcy laws
<br />of tree Lnited States, or if any of the faregoinc siujii happen to any co-maker or guarantor
<br />of the promissory note secured hereby, then, ar at any time thereafter, the whale a# the
<br />.aforesaid indebtedness and all other sums secured by this mortgage and any other securing
<br />agreement-given in connection with this loan shall be:Orne due and payable afi once at the
<br />option of tf}e Mortgagee and Mortgagee shall be entitled to declare this mort~page to be in
<br />default. The acceptance of one ar more payments or, the indebtedness or any sums secured
<br />'u~y this mortgage made by anyone other than the 4~lortgagor prior to canflrmation of fare-
<br />ctgsur-e sale shall not constitute Mortgagee's waiver of its righi to acce~eraterhe
<br />raturity cif the aforesaid indebtedness and ail other sums secure{ hereby.
<br />t4. No remedy conferred upon or reserved to t~"~rtgaoez in t!is mortgage ar any other
<br />securing agreement is intended fo be exc{usive of any Wither remedy or remedies (and-each
<br />:jnd every such remedy ..~,al; be cumulative, and shay f u~- ~ ~ a~:di „U., ir, every other remedy
<br />.given i~areun-der, or now c. hereafter) existing, at law, in equity r=r by statute. Na~-delay
<br />ar Ynrission of "=brtgagee +o exa-tise any right or power a«ru:ng :;pan any default she!-t
<br />impa-ir any such right or paver, or shall ba construed to be a waiver of ary such default,
<br />c:r zn acgu_iesgence therein; and every power and remedy given by this rxcrtgaye to the
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<br />l~iartgagae may be exercised from timz to time as often as-may be deerr~€d expedient to
<br />Mortgagee.
<br />15. hfortgagar will keep adequate re cards and b x~ks of account in accordance with
<br />gar~eraily accepted -accounting principles and will deliver to h'brtgagez, within 45 days
<br />after the close of neon of P-brtgagar's fiscal years an itemized statzmznt certified by
<br />an officer of Mortgagor showing al! items of income and expense for the mortgaged property,-
<br />setting forth in each case, in comparative-form, figures for the preceding year. 7hraugh-
<br />out the term of this m~artgaye, Mortgagor, with reasanab(e promptness, will deliver to
<br />Ftortgagez such-other information with respect tc the mortguged premises as-Mortgagee may
<br />reasonably request from time to time. All financial statements snail be prepared in
<br />accordance with generally accepted accounting practice and shall be delivered in duplicate.
<br />Naw if said Mortgagor shall pay or cause to be paid said swiss of money when-due as
<br />szt forty, in said Note and in this instrument, and any additional advances made, with
<br />interest, as herein provided, and shall also have paid all other indebtedness secured by
<br />.this- Mortgage and shall have faithfully and fully kept and performed each and all of the
<br />~?ven;~rits and agreements herein contained or contained in said Note ar any other Hates. or
<br />ajreeme~ts for additionat advances, then this,conveyancz shall be nv(I and void, otherwise
<br />i-1 shall- remain in full force end effect.
<br />ff ciefauit-shall be made in any payment due on said Note or this instrument, or cis
<br />any pthzi' notes or agreements for addifional advances; or in keeping the improvements on
<br />~~id pram(ses insur'e1i as_aforesaid, with loss, if any, payable to said Association; or ,in
<br />pdyrrlC'.nt of faxes or a5sessmenf5 of any.heture upon said premises or this htortage nr
<br />indebtedness Secured thereby,'before the same beeomz delinquent, if provision for advance
<br />4:ayrnenl has Hat-been made as described above,; ar in the event that the requirement far
<br />advance payments is waived; cr`in-the event that Mortgagor fails to conform to and comply
<br />with ar stoufd otherwise breach any 6f the conditions; covenants or agreements contained
<br />irr this Mortgage, ar the Nate which i_t secures, or any other notes or agreements for
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