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~1 VL/'~~'a./ J.
<br />and prosecute in its ciwn na.m~ i -, ,v,. ac,-;ion or nrr, ~i:ee rr :ter ~~ mane ~~~y, c~'r~rrrF romise csr
<br />settlement in connection will°E suc'ra ~Iaking o. damaglgc, ~+.i i s::~:^. c..;rpe..~vtira~~„ awards,
<br />damages, rights of action and proceeds are hereby assigned to N~art,agee, who r^ay, after
<br />deducting there=rom ail a# its expenses, including attorney's fees, release any money so
<br />received by it or apply the same on any indebtedness s~~u:ed hereby. ?„brtgagor agrees to
<br />execute such #urtner assignments of any compensation, awards, damages and rights of action
<br />and proceeds as P-lortgagee may require.
<br />10. That ts~ortgagor shall comply, at all tir;mss, with ail federal and state laws, all
<br />municipal ordinances and all rules and regulations of any governmental entity having
<br />jurisdiction over the premises, insofar as said laws, ordinances, rules and regulations
<br />pertain in any way to the premises and their use.
<br />ll. That the Mortgagee, and any persons authorized by Mortgagee, shall have the righfi
<br />to enter and inspect the premises at ail reasanable times.
<br />12. Mortgager will not further mortgage or encumber the premises, or assign, or
<br />attempt to assign, the rents, er any part thereof, from said premise. Mortgagor will
<br />snot, except where the lessee is in de#au;t thereunder, terminate or consent to the cancei-
<br />iation or surrender of any lease of the premises, or any part thereof, now existing or
<br />hereafter made, or modify any such lease so as to shorten the unexpired term thereof or
<br />so as to decrease the amount of rents payable thereunder, or accept payments of any
<br />installments of rent to become due under such leases for a period of mere than one month
<br />in advance, Mortgagor will not execute any lease of any portion of the premises except
<br />for actual occupancy by the lessee thereunder, will at al{ times promptly and taithfaiiy
<br />perform, or cause to be performed, all of the covenants, conditions and agreements
<br />contained in ail leases of the premises now or hereafter existing, on the part of the
<br />lessor thereunder to be kept and performed; all leases upon the mortgaged premises shall
<br />be in #orm and substance satisfactory to Nk~rtgagee and, a# the option of Mortgagee, shall
<br />be assigned to Mortgagee.
<br />l.s. in the event that Mortgagor makes ar, assignment for the bane#it a# ei=editors, a
<br />receiver is appointed for the Mortgagor or for all or any part of the premises, or if
<br />ttortgagar files a petition or institutes proceedings in bankruptcy or is adjudicated a
<br />bankrupt under any state law for the relief of debtors or under the bankruptcy laws
<br />of the United States, or if any of the foregoing 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 this loan shall become due and payable at once at the
<br />option of the Mortgagee and Mortgagee shall be entitled to declare this mortgage to be in
<br />default. The acceptance of one or more payments on the indebtedness or any sums seeured
<br />by this mortgage made by anyone other than the Mortgagor prior i~o confirmation of fore-
<br />closure sale shall not constitute Mortgagee's waiver of its right to accelerate the
<br />maturity of the aforesaid indebtedness and all other sums secured hereby.
<br />14. do remedy conferred upon or reserved to Mortgagee in this mortgage or any other
<br />securing agreement is intended to be exclusive of any other remedy or remedies Land each
<br />and every such remedy shat! be cumulative, and shall be in addition to every other remedy
<br />given hereunder, or now or hereafteri existing, at law, in equity or by statute. No delay
<br />pr remission of 1~''~^Y"T'-~'',-a ~a t~ axg rrisa a.nv right or pQWBr accruing l1ROn arty dG'f atilt Shill i
<br />impair env such right or cower. or shall be construed to be a waiver of any such default,
<br />or an acauiescenca~therein; and every power and remedy given by this mortgage to th@
<br />Mortgagee may be exereised #rom tige to time as often as may be deemed expedient to
<br />Mortgagee.
<br />15. Mortgagor will keep adequate records and books of account ?n accordance with
<br />generally accepted accounting principles and will deliver to Mortgagee, within d5 days
<br />of#er the close of each of 'r-tortgagor's fiscal years an itemized statement certified by
<br />an officer of Mortgagor showing all items of income and expense for the mortgaged property,
<br />setting Earth in each case, in comparative form, figures for the preceding year. Through-
<br />out the term of this mortgage, Mortgagor, with reasonable promptness, will deliver to
<br />h"~irtgagee such other information with respect to the rr>ortgaged premises as l~rtgagea may
<br />reasonably request from time to time. All financial statements shall be prepared in
<br />accordance with generally accepted accounting practice and shall be delivered in duplicate.
<br />Now if said Mortgagor shall pay or cause to be paid said sums of money when due as
<br />set forth 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 hbrtgage and shall have faithfully and fully kept and performed each and all of the
<br />covenants and agreements herein contained or contained in said Note or any other notes or
<br />agreements far additional advances, then this conveyance shall be null and void, otherwise
<br />it shall remain in full force and effect.
<br />If default shall be made in any payment due on said Note or this instrument, or en
<br />any other notes or agreements for additional advances; or in keeping the improvements on
<br />said premises insured as afar said, with loss, if any, payable to said Association; or in
<br />payment of taxes or assessments of any nature upon said premises or this hbrtgage or
<br />indebtedness secured thereat', before the same become delinquent, if provision for advance
<br />payment has not been made as described above, or in the event that the requirement for
<br />advance payments is waived; or in the event that Mortgagor fails to conform to and comply
<br />with or should o#herti~rise breach any of the conditions, covenants or agreements contained
<br />in this Mortgage, or the Note which it secures, or any other notes or agreements for
<br />
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