3.
<br />and prosecute in its own name in tk~e ac#ion yr prvicer';dEr,gs, ar to rruake any can~pramise or
<br />settlement in cvnneotivn with such taking or damage. Ait such compensation, awards,
<br />damages, rights of action ar~d proceeds are hereby assigned to Ma rtgagee, who may, after
<br />deducting tttir~rom all of its expanses, including attorney's fees, re3ease 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 any compensation, awards, damages and rights of action
<br />and proceeds as Mortgagee may require.
<br />10. That Mortgagor shall comply, at all times, with all federal and state laws, ail
<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 />ii. That the Mortgagee, and any persons authorized by Flartgagee, shall have the right
<br />to enter and inspect the premises at alt reasonable times.
<br />12. Mortgagor will not further mortgage or encumber the premises, or assign, or
<br />attempt to assign, the rents, or any part thereof, from said premises. Mortgagor will
<br />.riot, excepf where the lessee is in default thereunder, terminate or consent to the cancel-
<br />lation or surrender of any lease of the premises, or any part thereof, now existing or
<br />hereafter made, or modify any such (ease 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 more than one month
<br />in advance. Mortgagor will not execute any lease of any portion of the premises except
<br />for aciual occupancy by the lessee thereunder, will at all times promptly and faithfully
<br />perform, or cause to be performed, all of the covenants, conditions and agreements
<br />contained in all leases of the premises now or hereafter existing, on the part of the
<br />lessor thareun~er to be kept and performed; all leases upon the mortgaged premises shaft
<br />be in form and substance satisfactory to Mortgagee and, at the option of Mortgagee, shall
<br />be assigned to Mortgagee.
<br />13. In the avant that alartgagor makes an assignment for the benetit of creditors, a
<br />receiver is appointed for the Mortgagor or for all or any part of the premises, or if
<br />hlartgagor files a petition or institutes proceedings in bankruptcy or is adjudicated a
<br />oankrupt 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 ca-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 o-ther 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 hkartgagee and Mortgagee =_hall be entitled to declare this mortgage to be in
<br />detauit. The acceptance of one or more payments on the indebtedness or any sums secured
<br />by this mortgage made by anyone other than the Mortgagor prior to 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 a!i other sums secured hereby.
<br />I4. t1o 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 (and each
<br />and every such remedy shall be cumulative, and shall be in addition to every other remedy
<br />given hereunder, or now or hereafter? existing, at law, in equity or by statute. Pdo delay
<br />ar omission of i~rtgagee to exercise any right or power accruing upon any default shall
<br />impair any such right ar power; ar shall be construed to be a waiver of any suoh default;
<br />or an acquiescence therein; and every power and remedy given by this mortgage to the
<br />~'ortgagse may be exercised from time to time as often as may be deemed expedient to
<br />Mortgagee.
<br />Iti. Mortgagor will keep adequate records and books of account in accordance with
<br />generally accepted accounting principles and will deliver to Mortgagee, within A5 days
<br />after the close of each of Mortgagor's fiscal years an itemized statement certified by
<br />an officer of Mortgagor showing all items of lncame and expense for the mortgaged property,
<br />salting forth in each case,, in comparative form, figures for the preceding year, Through-
<br />out the term of this mortgage. kbrtgagor, with reasonable promptness, will deliver to
<br />Mortgagee such other Information with respect to the mortgaged premises as t9arlyagee may
<br />reasonably request from time to time. Ail financial statements shall be prepared in
<br />accordance with generally accepted accounting practi4e and shall be delivered in duplicate.
<br />!Jc:w if said NKSrtgagar shall pay ar cause tv 6e paid said sums of money when due as
<br />sat Earth 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 M.ar#gage and shalt have fzi#hfully and fully kept and perfarmed each and ail c>f the
<br />covenants and agreements herein contained or contained in said Nata or any other Halos ar
<br />agreements for additional advances, then this conveyance shall ba nutl and void, otherwise
<br />it shall remain in fu-I force and effect.
<br />If def-suit shall be made in any payment due an said Note or this instrument, or on
<br />any other notes or agreements far additional advances; ar in keeping the improvements an
<br />said premises insured as aforesaid, with loss, if any, payable to said Association; or in
<br />payment of taxes yr assessments of any nature upon said premises or this Mortgage or
<br />irdebtedness secured thereby, 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 />atlvance payments is waived; or in the event that Mortgagor fails to conform to and comply
<br />with or should otherwise breach any of the conditions, covenants or agreements contained
<br />in this lViortgage, or the tJote which it secures, or any other notes or agreements for
<br />
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