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V;i857-L 9/15/80 $d..,.U051~39 or if, within ninety (90) days after the appointment, without the consent or acquiescence of Mortgagor, of any trustee, receiver or liquidator for Mortgagor or for all or .any sub- stantial part of its properties or the Property, such appoint- ment shall not have been vacated or stayed on appeal ar other- wise, or within ninety (90) days after the expiration of any such stay such appointment shall not have been vacated; or ti. 3.5 if a default shall occur in the per- formance or observance of any of the obligations of Mortgagor under either of the Superior Mortgages and such default shall remain uncured beyond the applicable grace period, if any, provided for therein; 31.1.6 if pursuant to the Superior Mortgages insurance proceeds in respect of any damage or destruction to the Property or any material pz~rt thereof or any award or payment applicable to a taking is applied against the a bligation secured theret~+, and the Property remaining after any such damage or destruction or taking is insufficient, in Mortgagee's reasanable judgment, to adequately secure the balance of the indebtedness hereunder; 13.1.7 if Mortgagor shall transfer or encum- bar the Property in violation of the provisions of Section 5.3 hereof; or 13.3.8 if Mortgagor shall amend or modify in any way materially adverse to Mortgagee those provisions now contained in Mortgagor's Agreewent of Limited Partnership pro- viding for the use of certain groceeds of sales, refinancings and other transactions of a capital nature in reduction o€ the indebtednasa secured hereby. 14