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`/3857-L - 9/8/80 <br />"t~0~i~~ <br />11.1..2 if default shall be made by Mottgagor <br />in-the performance of ar compliance with any other term or <br />condition contained herein (other than those referred to in <br />the foregoing subsection 11.1.1) and such default shall <br />continue for a period of sixty (60) days after notice <br />thereof from Mortgagee to Mortgagor, or, in the case of a <br />default or a contingency which is susceptible of being cured <br />but which- cannot with due diligence be cured within such <br />period of sixty {60) days, and Mortgagor fails to proceed <br />with- all due diligence within such period of sixty (60) days <br />to cotasence the curing of the same and thereafter to pzosecute <br />the cur-ing of such default wit4 all due diligence; or <br />11.1.3 if Mortgagor shall file a voluntary <br />petition in bankruptcy or shall be adjudicated a bankrupt or <br />insolvent or shall file any petition seeking any reorganiza- <br />tion, arrangement, composition, zecapitalization, readjust- <br />ment, liquidation, dissolution or si;.~ilar relief under any <br />present or future state or federal bankruptcy act, or shall <br />seek or consent to or acquiesce in the appointment of any <br />trustee, receiver or liquidator of Mortgagor or of all or any <br />substantial part of its properties or of the Property, or <br />shall. sake an assignment for the benefit of creditors, or <br />shall ad:it in writing its inability to pay its debts gener- <br />ally as the same become due; or <br />11.1.4 if within ninety (96) days after the <br />ewsencemertt of any proceedings against Mortgagor seeking any <br />reorganization, arrangement, recapitalization, readjustment, <br />liquidation, dissolution or similar relief under any bank- <br />ruptcy iav, such proceedings shall not have been dismissed, <br />13 <br />C.... <br />