Laserfiche WebLink
79.. t ~i-Y 3 . <br />and prosecute in its cwn name in the action ar f.roceedings, or to make arty comp remise or <br />,eitierrtent in connection with such taking or damage. A#{ such compensation, awards, <br />damages, rights of action ar,d proceeds are hereby assigned to Mortgagee, who may, after <br />deducting them rom atl of its expenses, including attorney's foes, release any money sa <br />received by It or apply the same on any indebtedness secured hereby. iVlortyagor agrees to <br />execute such further assignments of any compensation, awards, damages and rights of action <br />and proceeds as Mortgagee may rec;uire. <br />10. That Edortgagor shall comply, at all times, with al! federal and state laws, all <br />murjicipal ordinances and al! rules and reaulatiars of any governmental entity having <br />iLrisdictio_n over the premises, insofar as said laws, ordinances, rules and regulations <br />ne-Tain in any way to the premises and their use. <br />{;. That the ~rtgagae, and any persons authorized by Martyagae, shall have the right <br />to enter and inspect the premises at alt reasonable times. <br />#c. ,~3artaagar wi#! not further r~±artyage or an cumber the premises, or assign, or <br />_.?~npt tc assign, the rents, or any art thereof, from said premises. Riortgagor will <br />, axcspt where the lessee is in default thereunder, terminate ar consent to the cancei- <br />._~i~?ion or surrender a# any lease ofi the r?remisas, cr any part thereof, now existing or <br />e.`ea#ter rttade, ar modify any such lease sa as to shorten the unexpired fierm thereof ar <br />_,_ as ,a decrease -the amount of r2n#s payablet;c-rounder,ar ac;,ept aavments of any <br />nstadtments of rent to becJra due under sucheases tar a period of more than cne month <br />advar,ca. h'k~r#gacar viii not execute a.^,~• lease of any aortion of the premises except <br />-r,r ac;aal acc:~pancy 5y the 7assez t^.areundar, wilS at 3ff tir,~s promptly an„ faithful#y <br />_rtarrr., or cause to ba perf~rme©, all of ?he covenants, canditicns and agreements <br />~".n-ai;7Sd in a! I leases of the prer~isas now or hereafter existing, or, the part of the <br />._ssor thereunder to be kept and per*crn:~i; ail leases upon the mortgaged premises shalt <br />oe ixr #~rm and substance satisfoctory to ;=~rtyagee and, at the aptian of i~grtgagee, snail <br />nt assignedra i~#arTgagee. <br />d3_ In frog even# That 3•tortgagar makzs an assignment far the benefit at creditors, a <br />re~aiver is appcinted-far the AT}aortyagar or tar ail or any part of the p.ramises, or if <br />;ao£Teao;.•r tiles a petition or institutes craceedings in bankrup#cy ar is ad?udiaated a <br />_r.kr:apt ;tender ar+.y ~tata Saw for tFe re# ie# of debtor=_ or under tt;e bankruptcy Saws <br />~:+ the ~iniTed States, ar if any of the fc=ruing shat! hopper, to any co-maker or guarantor <br />;1 in2 ,~rocissary note secured hereby, thin, ar at any time fihereafter, the whale of the <br />.;+orasaid indebtedness and add ~+th2r sums secured by this mortgage and any ayber scouring <br />:,Yreerr~n# given in cgr:^action with this loan shat! became duo env payable at aner. a# the <br />_ ; or? of etas tvrartgagee end #dort=cages sna I 1 be ent i t Ved to dec! era to i s r.~rtgaGi tp be i n <br /><aef3udt_ Tine a~c-.:aptance of =ana ar mare payments an the indebtedness or ary su.:s scoured <br />t.y tf;ss ~ri~age ~asade by ar3v~*~e other than the i4artgagar prier ic~ rnfirtnatlan of #ore- <br />-8osure sa3e shad) not ccnstiiuta itikarigagee's waiver c+# its right to accelarata the <br />•rss3vr;y a# theaforesaid indebtedness and all other sums secured herabv. <br />;~3. :~a r'~aedy sin#errad upon ~.r reserved to Mortgagee in t#iia rraortgage or any other <br />_•~.vrirg ag;eea~nt is intandad to oe ex4luslve of any other removy ~or remedies Land each <br />and e'~cry si,cta rdy seal d ee :-uma.~sat;va, and seal l ;~~ dra aLe:ition t~ eves other rdy <br />>iverr ~~ereurader, ar now or raereafteri existing, at iawr, it eruity ..r bq' s?Stute. ida delay <br />~~r t~,^.;issi;3rt a# t~gorigagee to axarcis~ any right or power accruing upon any default shat I <br />icir~air ant such right or power, or shad# to construzd to he a waiver of any such default, <br />.3t-Q ttr,~,-qtr,; and a>?~• pa,~~r and rer.~ay given yy #his rrnr3aage to the <br />;:~.~tya~-~ rna} be exercised #rcxn ti;nE tc, time as often as may be Loomed expedient ir, <br />=~iarty3g~. <br />9~. i~rtgagcr will keep adequate rectrds anc books of account in accordance w'r#h <br />;~:,aradly accaptad ac Oau?3ting princSpdes ar,d witi :deliver to Nor#gagae, within 45 days <br />-a?~r ^-*e oleo of saw ~.': iA3rYgar"s fisoal years ar. ir~mized stata~nt oer#i#ied +3y <br />~;: o#_;1cer o,i tdor-ryagar snow7ng all itarns of ;ncama ar:d expanse for the mortgaged property, <br />;:astir„~ #r<rta an aacn rase, in c~amparative #orm, ri~~.rr~s ?or The ~srece~ding year. Th+~3ug#, <br />.. ine tarry= a# t^:s raartgaga, I~rrtya±~r, with raasc+nable proms?Hass, w?#I deliver to <br />Er?~T,.~a =-uc?? f_ther ~#.rr.a-ion with res~4t to floe mRnrr~ag~..d premises as Mortgagee may <br />r~~onaF:,Sy rtGc;est tram ti^se ?a 'irn2e. ?~! i #inancta3 statements shat S he prepared in <br />~::wrd~nia w9 tti g~+eraidy a~~ce: fed acc~::Jnti^,g practice and shah c-e deliva red in duplicate. <br />-ra,r if sadd #~rtgr shall a} ar o.,.use ?o be paid said surr:s of money when due as <br />see farYn in =_sid ;.io*.~ ar.e it this instrur!~artt, and any additional advarcas made, with <br />iu?are<t, 3s '€in ~rNvi~d, ~rsd sr_ai d alsc3 have paid at } other indebtedness secured a:y <br />;,pis ter?gaga ar;c shez 3 ,ia~e faitfii#ul9y arsd 'ui l;+ kep*, and perferrr~d each and aI l of #;re <br />~.~,r,ar..s arat! ,3~rtratS her-girt ~a~tairred ar cr~ntained in Saia Dote ar any ofiher notes or <br />.agrrrats far additional ar3vances, ttsen this conveyance shall `a null and vadd, othdrwise <br />... „'~a=' sd;a i~ 'gad : #et' ~,~ ~, #ec;, <br />fi tier#~tit s1xr~Id i~ rttiule in gray p<ayasent dire on said !vote ar t!•;is instrument, or on <br />~y aitf ~fes z>r ar~reerneiats ictr additicnad advances, ar in keeping ttae improvements on <br />5~rd~$?r8~n~5,Eks #ris_,r~=ecd as a#~re5a;r3, aeri-th it?ss,- if any, payable to said Association; or in <br />~# flt t~!ac~ss ~ ass~ass~ertts a# ary mature apc?n said premises or this :mortgage ar <br />v;t~g s~eurdcd -#' ~~'Q~re tie sam~'l~corae de;'irtquen*, if pravisior #or advance <br />payar# l*a~s rust tveeaa r~#e a5 ~scriued above, nr dn.tne event tt;at the requirement for <br />3t]v~arra~ payme*a#s is waived; tar ire The-event that t~rtgagor tabs tc conform to and comply, <br />wi~ia ar sda+stdd othet~ise breatan any of the cor+ditions, covenants ar agreements contained <br />;r, this i~brtgag~, sir T#ae It~3t8 atai~a it secures, ar ary other r~c14s :,.- agraen>znts for <br />