t
<br />and prosecu#e in its own name ir, the ar_ticn or proceedings, or tc make any ccmpromi~e er
<br />settlement in connection with such taking or damage. Ail such cccnpensation, awards,
<br />damages, rights of action and proceeds are hereby assigned to "~b rtga~ee, who may, after
<br />deducting tF~r~ rom all of its expenses, including attorney's tees, release any money sc
<br />received by it or apply the same on any indebtedness secured hereby. I~ortgaeor agrees to
<br />execute such further assignments of airy compensation, awards, dama._^_as and rights cf action
<br />and proceeds as Mortgagee may require.
<br />I~. That P>tortgagor shall comply, at all times, with all federal and state laws, all
<br />municipal ordinances and al! rule= and regulations of any governmental entity having
<br />jurisdiction over the premises, insofar as said laws, ordinances, rules and raguletions
<br />pertain in any way to the premises and their use.
<br />II. That the htertgagee, and ary persons authorised by rtortaatee, shall have the rigt;t
<br />to enter and inspect :he premises at all reasonable tines.
<br />IZ. Mlorfgagor will ^at further mortgage or encumber the premises, or assign, cr
<br />attempt to assign, the rents, or any part thereof, from said premises., PAOrtgagor will
<br />not, except where the lessee :s in default thereunder, terrninata 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 lease so as to shorten the unexpired term thereof or
<br />se as to decrease the amount of rents payable thereunder, or accept payments of any
<br />installments of rent to become due under such leases ror a period of rncre than one month
<br />ir, advance. tviortgagor will not execute any lease of any portion of the premises except
<br />for actual occupancy by the lessee thereunder, will ~t all times prompti}• and faithfully
<br />perform; or cause 'to be performed, ail of the covenants, condition^ ;:v~d agreements
<br />+:ontained in all Ioases of the premises now or hereafter ,>xisYin,g, an the parr a~f the
<br />lessor thereunder 'to ba kept and performed; all leases :JpC+n the mortgaged premises snali
<br />13e in form and substance satisfactory to F"ortc!agae arld,, .,- `he optior4 of Poor#gagee, shat i
<br />de assigned to P~9ortgzgas;.
<br />3. I n the event that Mortgaoor rnal«,es an ass i gnone~.t for the bent i t c;f creditors , a
<br />'~ receive:r is appointed for tha~Mortgagor or #or all oar rury ,part of the premises, or if
<br />- i•iortgagor files a petition or institutes proceedings in bankruptcy .^,r is d,judicatad a
<br />uankrupt u;~dar' any crate 'saw for the relief ~. detrtcrs or under the bane;n;,:' laws
<br />o- the United States, .,. ~, any of the foregoing shall ~rappen to rant/ co-maKar~~~r guarantor
<br />of the promissory note secured hereby, then, cr at any tide thereafter, the ..hole of the
<br />atoresaiu indebtedness and all other sums secured ty This mortgar:a anc ~.7ny ,. ar 5ecuri n.,
<br />- agreement given in connection with *his loan snali t;ecome due and payaela at -..._ ..~ the
<br />- -.n -~~ rh2 ..~r:qa=yc«, ar,d '=xar1-ages -all .._ ;tii!c. r,~ -iec! .. .- ..... ....___ *:~. ae in
<br />' ~c.f't~.l'. The accapta^~:.~ of ore or n~~re vme(7t~ ..i rne: In~,4,,.;1•,ii _.. ~iYV _~~.. _.::u~'ed
<br />by this rckllrTgagC rnada b«s .anyone other the. thu P1 r c,l,'~~or r,riur ca`~ni..n,a~tir=n .,_~~:-
<br />e;~osure ,~e shall noT constitute irortr'lar,~ee' w:I. .--i ~ ri:ir:1 ~`c a ., rr~rP~'> .na
<br />a-c'Ituril^; :,f the uf~oresa?d indeb*er_,~ea~ artd =.1: ~ t-'+r .;.ir, ~ yr Y.+=rAby.
<br />'. 14. 'iw remedy ,ronfcrred ~pc;n «,..- rr= ~-r s«_,r+ { i }r ~,. ~,«, In .r I', .:~,i I ~',;e~ ':+. :r^, '.,i.h:ei-
<br />"cc,ur ~ rrg '~iyr~emer .., i ntendad 'o „~ ;et/;~ i u_; i vti:r , r .uny h i~r rii~n .. ~i / ~ , ~ , ri. L, I t:,~ . _nd EdaC:h
<br />clld G'!Yef-, ..l~S,h ~.fl...,J# .,riCr 1 -e .,-.,lii.sl art .`F., .,~:d :. h...l C'l'. .,~.. ,: I ::fly-...i ~' h,,.l-~~ x ., -~ i:r r4; '(!edy
<br />-- grvrn raerevndvf, ~. new :~` `~crcef_-ei_-{ ~ ~ irq_, u~ ~., - c:r -;y ;t:,..... .c delay
<br />or omission -ot !mortgagee to :axe rcise any right or I _w•w-.r ac ru~r.(~ ~;i,un ::ny 'se t,a,:~ _hal I
<br />_ impair eny such right or power, or skYall be construed is he ..~.aai=,~r :.7f any sun default,
<br />or an acquies::ence Therein; and every ryower ~.nd remedy yivesi oy ~..:_ ma~rfga~:6 !c the
<br />i•hortgagee may he exercisaC from tin~r: to time as often as may Lc .jeernted expr;ci~~nt ~,
<br />„^,riyagea.
<br />I'r. '~xartgayor will keep adequate records and i;oohs of •~._~-„- ~ in ,c~er4ranee with
<br />generally accepTed accountine ^rir~ciples and wilt Ua:l;~.-:zr :- "~~%Y~:;~~~_:~,a~., witr,ir~ X15 days
<br />sitter :ter; :.Ic>e of teach ut !svrtyayor's fiscal years ,3n ~ ~er,lae,d ~.,ir:,r4~.~.r cerfi*.od by
<br />an oftice;r of ?-iortgaaor ::nc,wr~q r.l! i-'eros of in~rme .rn«3 rr r«_~r~:c r-~r !..., r4;rr.,.1u.7 r~~rper{}~,
<br />St3.`.Plny YLrTh In _3i:h :-.1 .~.e, !r' :]Ompdrd't i'.e `Urm, fi~i til@o '~?t tn«'; ~.. c.: (,i nEt ;e.~r. 'hrOUgh-
<br />u±rt the norm of to i s rncr ,layc', riot ta.,agor, w i 1 h d:,unab i .~ iii wnptn ; ,- v, i t i .ir+1 I .~:: to
<br />-~:ortgayae - uch O'thar inio,f_Li ion with t•spe-rt ~ _ fhe? 'm: ru«.ued re r' _ .. a5 -t:r ,.,e._. rn~yy
<br />reasonably~raquest frc;n rime o tinn3. ~i: 1in_t._ tai =.raren~hl= ~-,t~,. _ ,rr,..r<_u~~:
<br />accardaoce witn generally accepicd accounting r.racti.. <a4o •>nv~l cns ualiverzed tiupliCahe.
<br />- IVow if said F•hx'Ygagor~ shall pay or cause tc t_ _~'•id said _-ur:-, :~i ~~ant.y when du~r _.
<br />Set (cur til in Said IJU1Ei and in 'tni$ in:>tr~;ment, snd,-any uddii icnal ~':;iv;4ir_r9y r.:ac7a, ~..i ih',
<br />- -., ir;rest, a5 R€rc3`r1 prvvi duct, ~~nd .hall ~-is^ ha-~-~~id _::I =tne.- - .c~pi~drrati -~n9 Uv
<br />*t~is '~~r-t~age ant :hal I have ice. =h..;! ~,, .~;d, [ul ~y u-apt ~. .. l'cr t r„~~ ~-..~. ,. .. . : , t -!:,~
<br />~c,deat-rotas find a~;r';;en~:~n7s h~r'diri ~i~ntainru ur co.it iic«3d ~n .mid «~t; -:. any :.~~xr :~_.- or
<br />- agFetarp:rr6 to auUii'i;anssl a.lvan cos. Ttrei tr.is r_ -, J,r,_-. -_..;!t t-U~I! t a .,-. , --a.~r v.-i«;e
<br />it steal I remain in ful I force and z~ttr:o-;.
<br />{t dot gait shall he n6-AdE ir~ acy paymet°~ i7u .)q Soria dJ1c Ur :i. :~U«phcu,i ,~
<br />a~rys !uthcar Hates ar agra~,R,e.a.ts .ar addiYio;,al advdn~.~ "r ~ . ~~i~, iE ~ _:_ «-,-.~ :. .:
<br />u~r prtr Scat insured a;. a cr 5~ .rat - _, it ~a' « .~ic ~,7 ~.~
<br />,r.Sy fl,ent ~«f t{3xeh nr as SE..,. rx,,aS - e[ry rd•c G. v.-~ -..,_ «- ,_. !:I t
<br />ii;74§L hadru °.-, ~~Lr~ ergs tfi~ t .^y r b+/+,~rct t h, ah.~. ir_ _ - ~ .r _ :~i .. ,i~ ~ . -, _t-
<br />44.ay,a(,u; has racrt Dean r(wcu ~a, de,_r ,..d .r«,: v r ,.._ .. , _ ~.,: -.,. .,_, ~ . , ~ , - . , ,
<br />:S4. V«:1 1~ ,. J a!;•Vf4' ::J3 .. ... f: +i (: ., c(~ r .~.: tY~r' «.: ~ .. ~ ~ r ~., .. i
<br />:'(~. ice`;~ i YT.e r-~i4: N~ i--. ~ ~ t ~.. _.- , _~r ~ _ r.--.
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