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<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 Mortgagee, who may, after
<br />deducting tt>arArom 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 any compensation, awards, damages and rtghts 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 aii rules and regulations of any goverrrrnentaf 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 t,'brtgagee, shall have the right
<br />to enter and Inspect the premises at all 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 />,not, except 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 ony such Ioasa so as to shorten the unexpired term thereof or
<br />a as to decrease the amount of rents payaGle ttrersunder, or accept payments of any
<br />installments of rent to become due under such leases ror 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 actual occupancy by the lessee thereunder, will at all times promptly and faithfully
<br />pertUrm, 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 thereunder to be kept and performed; all leases upon the mortgaged premises shall
<br />be in form and substance satisfactory to t+brtgagee and, at the option of Wlorttgagee, shall
<br />bs assigned to Mortgagee.
<br />13. In the event that Portgagor makes an assignment for the benefit of creditors, a
<br />receiver is appointed for the Nbrtgagor or for all or any part of the premises, or if
<br />~tortgager 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 fcrsgoing shall happen to any co-maker or guarantor
<br />cf the promissory note secured hereby, then, or .at any time thereafter, the whole of the
<br />aforesaid indebtedness and aii other yarns secured Gy this roortyage and any other securing
<br />agreement given in connection with this lean shalt become due and payaGle at onc;s at the
<br />option of the Mortgagee and hlortyagse shall Gs entitled to declare this mortgage to Go in
<br />default. The acceptance of one ur more poymanis un the indebtedness or any sums secured
<br />G^; this mortgage made by anyone other than the hktrtgayr~r prior to confirmation of fore-
<br />~lo5ure sate shall not constitute flortyayee's waiver of its right to accelerate the
<br />maturity of the aforesaid inCebtednas5 and ail other sum: .scored hereby.
<br />!3. ado remedy cor,ferrr-d upon or reserved *.a P'<:+r'*.yagea in tt:ls r^zarlgaCrt or arty other
<br />securing ayreere~n# 15 intended to Ge exclusive of any c-thee rr;rncdy cr remedies {ar:d rracn
<br />and every such remedy shall be cumulatlvu, and shall Ge in addition to every other remedy
<br />given hereunder, or nqw or hereafter) axistiny, at law, in equity or by statute, do delay
<br />or omission of Mortgagee to exercise any right ar power accruing upon any default snail
<br />Impair any such right or power, or shall bs constr'ued fo be a w.:ivur of any aur-n default,
<br />or an acquiescence therein; and every power and remedy yiven by this morhlage r~~ the
<br />hbrtyayee may Ge exercised from time to firtu: as often as may be daenwd expedient to
<br />t~~ortgagae.
<br />I5. i•brtgagor will Keep adequate records and Gooks of account in accordance with
<br />generally accepted accounting principles and will deliver to '~torYgages, within 45 days
<br />after the sloes of each of I=k3rtgaycr'~ fiscal year, an itemized statunk.r~t certified Gy
<br />an officer of hbrtgacpr showing .311 liana of income; ~rnu sxpen.o f.~r the mort~_rg+'J pr<aperty,
<br />setting forth In each case, in comaarative form, tiyurur; fur the preceding year, Thraugh-
<br />out the term of tnis martyayr., ;•'~rtyagur, witU rsasonabtr: prornpinus-., will delis^r #o
<br />`~lortgar,~e such other ir=iorrr!;ific,n with respect to the nK~rtyaytad prerni~.e. as 'Acu~t=ta<,es may
<br />reasonably raaquest tr`cxn tlnx3 to tirt~:. Ail financial °atatemenh; shall nel pruparod in
<br />accurCar,~:e with generally accepted accuurttiny praLtlci: ,md shall bu duliverud in dupliaats.
<br />ldr~ if said f+irar#gascr ahall ;.+ay rrr ==vases t;-, bN pair; 5<aid sum•; r,r nrouay ~rrnran dun ns
<br />_et forth In 'u.Yid tiitte anti in tt[IS in~trurn4n h, and .ray additional adVano a^, made, 'xifh
<br />intaret-t, as herein provigaC, =tna sna3 i a13U fsave paid al l uthF,r indcaGfednss^, ~.<:curud Gy
<br />thi$ nkartgage and shall have faithfully anC tally kelst and pertvrn~d each and ,ill ref the
<br />^.avenants and agreements hctrain contained Ur ccxitainud in ^,,;rid tlr~tu ur .rny ether nots~> ur
<br />agr~utrwnts for additional advances, tnsn rhls conveyance shall 6e null anr! veld, r+7hurwis«^
<br />it shall remain in foil torte and aftuct.
<br />It default Shdil be rnada in any payn>ant due on said Notu.~r thi~, instrurnunt, car <~n
<br />,,any other notes or agreements for additional advann^°.; or irr hasping the improvements on
<br />said premiSaS iOSUYed as atarosaid, with Toss, if any, payaGle to sd(d A5soCiation; or in
<br />payment of texas or assessments of any nature upon sal,: preniiaus ar this kk[riy;~ege ur
<br />indebtedness secured thereGy, be~ore the same become dulinquunt, if provision for advance
<br />payrrrent has not been made as described above, or in the avant that the rsquirunk;nt far
<br />aCvane'.a payments is vaivud; or in the event that `:;rtgayar tai Is t., r.cnturm to ar;d comply
<br />with Or should otherwt•.,3 branch any of fGr1 conditions, covenants or ayrusments ~:unlained
<br />in this ~irtgaga, ar the tae tQ which it seeure7, or ao:y ether r=cites <=r a:,ree--men!s far
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