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<br />79-.r pfl698fi 3
<br />and prosecute in its own name in the action or proceedinq_s, or to make ,,ny compromrsc; ar
<br />settlement in connection with such taking or damage. All such compensation, awards,
<br />damages, rights of action and proceeds are hereby assigned to 67artgagea, who may, a#ter
<br />deducting th3r~ rom all of its expenses, including attorney's fees, release any money so
<br />received by it ar apply the same on any indebtedness secured hereby. hk~rtgagor agrees to
<br />i:xecute such further assienments of any compensation, awards, damages and rights of action
<br />and proceeds as Mortgagee may require.
<br />IQ. Tha# A9ortgagor shall comply, at al( times, with all federal and state laws, all
<br />arunicipal ordinances and all rules and regulations of any governmental entity having
<br />~:risd:ction aver the premises, insofar as Baia iaw~,, ordinances, rules and regulations
<br />pertain in any xay to the prarnises and their use.
<br />91. That the i~'brtgaoee, and any persons authorised 5y h'brtgaoee, shall have the right
<br />to enter and inspect the premises at all reasonable times.
<br />12. :'~artgagor will not further -oortgace or en;:um::er the premises, or as=ign, or
<br />atTampt to assign, fihe rents, or any Dart thereo#, from sale premise:. "~ortgagor will
<br />=afar, except wiaere the lessee is in default ',hereunder, tarmirata or ~.onsent to the cancel-
<br />latian ar s::rrender of any lea=_e of the ?remises, or any part thereof. ,yaw existing or
<br />ner~after made, or modi#y any such lease so as io s`.~~rtan the unexpired to n~ thereof or
<br />sc as to decrease tlae amount of rants pay an le ;i.ereur~,ser, ~r accept payments of any
<br />i n5 ta91ments of rant #o become due under such lease=_, ;or a aeriod of more than one month
<br />in advance. F9artgagor wi91 net execute an~~ lease of any portion of '^e. premises except
<br />Tor actual occupancy by the lessee thareurder, will at ..1 times aromptly and faithful9y
<br />per~orm, ar cause to tae per#ormad, all of *he covenants, conditions and agreements
<br />c~~r~tained ire all Seases of the premises now ar h~~rea#t~=r existing, an the part a# the
<br />m. ,.,.. *:re.,,; see
<br />7E:ssar tatea-vai%adc~r to ~e "he,7 and pertet=.~ed -, a9 9 i~a=~-- urn •n ih~ ,•,,~rtyat'~<~ ..., sh~l t
<br />ne in form and substance satin#aotory to tdortgagae ar;d, at the option of t•Ear'tyagee, shat!
<br />tze Iasigned f3 A9ort~agee.
<br />i3. ',n taae event than 17artgagar makes an assignment for the benefit of creditors, a
<br />ra.eisr2r is appointed #ar the ;brtgagar ar fa^ all :~. any parr of the premises, or if
<br />i.1or#^,ago: files a peti#ian ar institutes praceeaingsrin bankruptcy or is adjudicated a
<br />sa~~i~rapt i,nder any state law tar the relief of debtors ar under the bankruptcy Laws
<br />c+t tiae iinit9a States, or -# any of the fare^oing shah happen to ary ca-maker or guarantor
<br />of tt~e prae~issory no1~ secured Hereby, than, .r at any 7ir*>r thereafter, the whale of the
<br />af~.rssaid indebtedness arvd al! atfaer sums secured lay this martcage and any ether securing
<br />agra;eaneTat given in connection with this loan shall necor++e due and payab9e at once at the
<br />c~p-iarr of tne =lortgagee and i~fcartgagee s;aati be entitled to aactara th+<_ mortgage to be in
<br />#aa.9t. Tha acceptance of aria or more payments :~n t»e indebtedness or any su++>, secured
<br />y~ train sforfig3a~ made ny an}ane ether ratan the ;-4ortagor .prior to confirmation of for'e-
<br />c9rssa;re sale sraa9l rat constitute 'for#gagea's waiver of its riahf tc accalaraTa the
<br />+saturi ty a# the atcresai:; indebtedness and al! atfaer sa.ms sa;:urad laeretay.
<br />l~. ii3{a rer.aedy ccnterred upon or reserved tc ti~:rtgaeee in this r+artgage ar any other
<br />se:~urany 3gri'x:'."~c^.3 a5 it,Tv~nu'~3 T~ .~~ ~'x~~JCiV2 a# S'?b' ctr,2r ~!:~Q`, '' ret".~:a;85 t3nd edwil
<br />arxC even suet -emed)• shat I r'.e cumu ! at i ve, and she 1 1 be i r, 3dc i t i ae: tG e.:~ ry other remedy
<br />qi>~n aerr~a~nC-ar, +~r raw ;~r rereattar•) ax:sting, at law, i:~ aqui~} tr bti• :~a'tct~. tJa delay-
<br />or -c,:cissi~a of t.~irtgagee to azercise any right cr pcawer accrq+n upon any default shall
<br />i~.war wry -gym r3+~r+i or power, ear shall Ge ..~nstruetl #o be a >~aiv~r of a<v suer. default,
<br />or 3i7 dGi'7Slzlst2rh.E t^~T>?3fi~ and ~ ~ry° p•~ar a,~v revaz~, y, ~^ by tr!_~ mart~'a~,e tC-~ tTae
<br />s'~'st a ~ =ray ase exar e i se-d t-ram t i Tr>c to i i m;= as c3 i,>s, a5 may ve cam, ~d e xr-ad i ent ra
<br />,~i,
<br />l7, frksrt~agor will ii~p adequote records :~na ia.k:r~. of sccaur;r ir, ace,ordarce wi#h
<br />~:;Taerally ~rccapted acc:~untang trinciplas and wi t i .'i i,-c-r t:, Na,rtga_,ea, «ithtn ~5 days
<br />otter tam ;lase at e3cia a; 1Jbrtgagar's tis.al y:ear<, 3r i'.emi2ed statement certified by
<br />an atti~r of rtGaacar sf:awdny ail items of it{eax~> a~:n e+pe,:se for the mc:rtgaged praperty>
<br />~tti+ag fort=e iT3 aac*a cater, 3n caretive to=m, ;inures for tree pracedin near. Through-
<br />r.._r t tar~± rat tr+is artgaY, ;k~rtga~r, Witt; rsas.~natrle ironptnesv, wi 1 I deliver #o
<br />rt~ayee sear; ;7t#a?r i r1i.^rrF>ai ; o*a with =aspect to ; tae ?*+, r?va,~=d premises a^: '~rtgacee may
<br />~:.^saraa~t9i} r£'CUesf forum lima to time. 391 #rnar~.i.~i sTat~^2nts :hall ~•e n-a}.tired in
<br />a,•Ytordar;~ x i th ganeraa 1 y at; opted aLt~unt i rsg 1 a a=_t r <. .end sna 1 I n.a de I i verad i n tlup 1 i caTe.
<br />I+9ar of slid k~?rt~:agar Sfiati pay or cause to :~e taaid saitl sut,s •v~f ('i6rtey xnan due as
<br />_et #art?s "sn said mate anti in this instrument, and atay atleiiianal advances ma3e, Kith
<br />ir,teres#, ~s :"rarein prava~d, and shall ,also t;ava paid 311 other indebtedness secured by
<br />t#3S f~r9'g~c~ anti saa3ll agave faitfltully a*rd #ully l,e+.t and perfarmea each and ail of the
<br />r~varaattafs c~fad ee.~ts aferain cantain2ti ar contained in said 'date ar an:' otnar notes ar
<br />;~t~ t;~ i*i.~~ < adv~a~ , T+aen t~i~s c4<rv~ynn+:e st,ai i be null and void, others. i ss
<br />i~ shat i oaan fin- #uf l ttar and atfect.
<br />-- ~';.'~ defx~ii ~'# 3~'19~ 9~-»de .~~? any pay'men# tiye an said ?`fate cr i~~i= ins trUr"~nt, ar on
<br />ur•v fl~#'9'3e~' =roles or a~3'#s for adrfitiana9 advances: ar in kcepir:g the improvements on
<br />saiq,p~ia3+ea it~.ur zs ~iYxresaid, rrrilh loss, if any, payabl;> to said Associa#ion; or in
<br />?pvment Q~'~a"rx~s ~r"sal#5. t~# ~y nd#sre .;pan-said prises ar this "+~rtgage ur
<br />'trd6'a;~ >~;.~ tat~rezky, 9ae;~re The szrma tsecorrae delinquen#, it Provision #or advance
<br />payrnai~# ids Eipf b+.~ac9g ~ ~3fsed abpvt:, or in fih2 evera# that the requirement for
<br />advana8 parts is waiared; `•r' 3n tta~ evetrfi that ?~k~rtgagar fat is t=~ canforr<, is and comply
<br />=Pith ~s Sf}rsia:If9 c~ifiaerw35t~ tli'eadh may-o# t9s~ aanditit:ns, covenants cr a,reerx~nts i;antained
<br />ire l#tas f~~srtgaga, fir- #fa~ 1>~te >s9aic~s i# secu~rs, or :~!y other rr,:c.,~_ ,~r =~yr~=emen;s f~5r
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