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79-~ 0~6i6.i3 3. <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. All such compensation, awards, <br />damages, rights of action and proceeds are hereby assigned to i~brtgagee, who may, after <br />deducting tt~r~rom ail of its expenses, including attorney's fees, release any money so <br />received by it or apply the same on any indebtedness secured hereby. Mortgagor agrees to <br />execute such further assignments of ar.y compensation, awards, damages and rights of action <br />and proceeds as Morfigagee may requirE. <br />10. That Mortgagor shat! comply, at all times, with all federal and state taws, all <br />municioaf ordinances and al! rules and regulations of any governmental entity having <br />;urisd~iGtian over the premises, insofar as said laws, ordinances, rules and regulations <br />pertain in any way to the premises and Their use. <br />I1. 7hat the hi~rtgagee, and any persons authorized by Mortgagee, shall have the right <br />to Enter and inspect ~'~° premises at all reasonabiz times. <br />1'. -lortgagar will not further mortgage or encu^?ber the premises, or assign, or <br />attempt to assign, the rents, or ar.y part thereof, from said premises. Mortgagor will <br />not, except where the lessee is in dzfa::lt thereunder, terminate or cansent to the cancel- <br />lation or surrender at any ?ease at the premises, or any part thereof, now existing or <br />hereafter made, or modify any such cease so as to shorten the unexpired term thereof or <br />so as to decrease the amount Gf rents sayable thereu^:der,or accept payments of any <br />instailr:>Ents of rent tG beca,:.E due under such leases tar a period of rncre than one manth <br />in advance. tortgagor will -:ot exzcufe any lease of any portion of the premises except <br />tG~~ actual occupancy *v' the lessee 'hare under, will at elf tires= promptly and taithtully <br />;;ertorr?, or cause to bz pzrfGrr=,ed, a=`! Gt the covenants, conditian5 and agreements <br />o~~ntainza in all leases o? the premises now Gr hereafter existing, or the part of the <br />X11 3ha ..snrt.~~xae{ Sh_a33 <br />+eSSCr t3l$7"~iJ IIer 7:J %$ ecEp:T a,ri: lac r ?.,n - , ,vw~~ U-yam ,~. ~. .,..,. -z yam... ?;..;'....,, ..,..~ .-,. ~... <br />be in torn anal substa:~cz satistactary to `Mortgagee and, at the option of MGrtgageE, shall <br />ae :assigned to r;3rtgagzE. <br />l3. In the Event that `~a-~rtgagGr makes an assignment for the bens+it of cr~ditrrs, a <br />receiver is appointed to the }~,Grtoagur or roe all or any part Gf ?he premises, or if <br />~rtga^or fi,as a poll±iPn cr inst"stutzs proceedings ir. bankruptc~~ or is adjudicated a <br />canS~r*upt <.Fnder any 5tat2 law far the re3iet of debtGrs Gr under the bankruptcy laws <br />of the {united States, Gr it any of The tore;o;nq shalt Rapezn to an~• co-raker or guava-tor <br />ct ine nrcamissory note securea ;?ErECV, thE~, ..r at any tirnE thereafter, the whole of fihe <br />aforesaiG lr.,dei}tedness acrd a. .' ^vti?cr SUr'5 .Ecured by this "K?rt._^,adt"' a!?{} any ogler SecUring <br />aoraer?e^t given i n convect i o^ a i ?h to i s i ~ an she l l bzeor-E ...._ a!',d pay ab l e at once at the <br />3pt:on of #h e t.0.~rtgagee and ' „rTgagze she i ! be Ent i ?led T., ...,c i are th i s mortgage to be i n <br />astault, The accep7ance cf or^e or ire payments Gn the ,n;;z:tzdnzss or anti sums secured <br />by this r~r#^yage r.~de bt anvonz other than the t.~irtgag:r peace ?G confirmation of fore- <br />Closurz sal°_ szalS not consTiTUt$ !~brtgagez's waiver of .._ . ~;hT to acceiarat$ the <br />,,.,;;ri#k of the atarESaid ^debTedncas and all ether scams sec'.:rzd hereby. <br />3~. ;t~ rz~dy vonferrad u~,•Gn or reserved to hiarteagez in #hts rrc~rtgage ar any other <br />seer i ng agreur?e-t s i ntzr:ded tG be exc l u, i vz Gt an: eS',zr ra.:.Edy or rs~d i es { and each <br />~'.~ ek~ary SUG#i Fc-°7!2'uy 'sh ~! 3 v2 ::f,h.il atlVt~, aflG shad I ue t'l au~i t=om-R °~ $vEry OTt1C-r r$f,Tef,V'y <br />G^1 s'c.r, hefE;i~;'}dc"'r, cr haw cr reran=~tcr; c^Xfstn^y, at saw, ,^ c^y~i ty :;r ~-y eta?;}*•2. 11G d81ay <br />~, ~°iSS:ixn of Rbrtgag~ Yo zx2rciSZ a^;' right Gr power accruing upo^ any dztauif she!! <br />r..;s~ir an ,• Eu Ch r; gh? Gr _3t~Yr, or ~i136 ~e canstrUed tG bE ?waiver Cf any 5UCt1 def3Uit, <br />Cr 3ra 3fi uie>.en~e 7:^,s r$sn; ..._.C 2t•s r ~c,.•2r and rE~G~,° ~i V'en ~y 7nis era rtgayc to the <br />fir t ga,~$$ may De exercised f rc,m T i Te tG t ; me as otter.. as may bz dee.,+aa exped i en # to <br />~M1a~-tg3g$2 . <br />;5. i~lartgag~r «ili -_zEp adaqua'z records and baGns cf account in accordance wrth <br />ganzral;;' acczptad accuuntis•g pri^c;pie-. ar.d witl d~^l;vzr to ;,~rdrtgaezE, within 45 days <br />a#ter t12 close at each c, R~~r7Gagor's .,-.;al yzars an te:r,ized statesr~nt ~Ertitizd by <br />err officer ~; re,~.r?,-,ag-,r snomin.~ ai; i#err5~o~ inco=~ and excznse tGr the mertcagad property, <br />sitting #Grth i.~, =c".-z3se, i^• comar3Tiva i:.+~r+, fic::res +or the preceding year. Through- <br />.:wt `hB t~rT PS tni_ ,,~, _ !fir?~? ~r wi ttl fe=5l~rr,-_,_ia prC .•.c 55 wi i I d81 ivBr tP <br />~rtt7ay$B SUCn ot~.er .-. _rr;atiGra with ~rzSpecT .v the ~rtgayed~rrcn~iSc= 3=_ f~^v rtgagee r;,ay <br />rea=_~:~~~bi, west tram -ims -r tip. All tinanciai sTa±e^,«nts >hall nz preparzd in <br />accGrdan~z with geT+2r31iy az~aptaL accGUntino prat?icz ~~,d s.^.ali bz delivered in duplicate. <br />~. it said r-gag =r:aii pay or ~4,;sz tc to raid sa._ _,,.~ of m hey when d^.;z as <br />=et ?~r1_•^• i sal ~ ?+P7~ ar.d ... .,., ~ ;nsaru~nt, a^.3 any a_d i', i cna. odvences r*iod2, w i th <br />intEreS3, as hereTi rrDO"i dEd, an d`Shaii a150 nave oai3 aif :~t!'.Er irr~E2JtEdn e55 Sc:.u red by <br />t-:is ~ort~,a~~ ~r;d shad i havE taitt?ful iy and t„l iy rz? ar,d performed each and ai l e# the <br />i:47. S'en8r1'fs ana agrc~mznts !t-e relit v ntatr3e5 ., GPnfidin$d in Said '-ti::78 Gr ail y" G, rcr ,,.^ltes G, <br />3Ct$r1tS tC+r =s903tsG^;93 atiVa.~; ::$S, ti;$n this Con4~EY ante sna I U2 nU1I and Vorid, Otrte rw i5@ <br />i# snail remair- in full farce and effect, <br />1f flefault seal: 5e rnada in any payment due cn said Note or this instrunrznt, ar e,. <br />any a#her +~ates or agreements for additional advanczs; or 'tit -reaping the improvements on <br />said ~:risas i^.s:~r$d ks afer~said, w?t'~ loss, if any, ~:ayabie to said Association; or in <br />paym~st of #arces or assesSmen#s of any na#ur$ upon. said premises or this Mortgage or <br />indebtedness Secured thereby, bsfcrre the same bacvme delinquent, it provision for advance <br />payrr~r*t has rro# tr$en r*~da as described above, or in The Event that the requirement for <br />advanc$ p~+ments is waived; cr in trite aven# the' R9artgagor tai {s to conform to and complti' <br />rith or should otherwise beach any of the: ~bnditicr+s, covenants or agreements contained <br />in this =~sr#dage, or iha I~tote which i; sacures, or any other rotes or afire:~rnEnts for <br />