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2oioo�5i2 <br />Failure af Mortgagor to abserve or perform any covenant, condition, stipulation <br />or agreement contained in the Note or this Mortgage, or the Premises shall cease to be used for <br />those purposes set forth in paragrapla 2 herein. <br />9. Remedies. Upon the occurrence of an Event af Default, Mort�agee, at <br />Mortgagee's option, may, so long as such default may be continuing, declare all of the sums <br />secured by this Mortgage to be immediately due and payable, without demand or notice, <br />whereupon Mortgagee may foreclase this Mortgage by any means authorized by law, and <br />Mortgagee may exercise all remedies under applicable law to collect the indebtedness due under <br />the Note. If Mortga�;ee proceeds to fareclose this Mort�age, Mortgagee shall have the statutory <br />pawer of sale if p�rmitted by law. The rights and r�medies provided herein are cumulative and <br />may be exercised singularly or concurrently and are in addition to any other or further rights and <br />remedies available at law or in equity. <br />10. Pa ments Made b Mort a ee. In the event Mortgagor shall fail to pay <br />required charges upon the Fremises, or shall fail in the due performance ar observancc of any <br />other condition, obligation, covenant or requirement contained in the Note or herein, Mort�agee <br />may, if it so desires, make good any such default or defaults, and Mortgagor hereby agrees to pay <br />to Mortgagee immediately upon demand a sum equal to any monies advanced by Mort�agee for <br />any such purposes together with interest thereon at the highest per annum rate allowable by law. <br />All sums so paid and expended by Mortgagee and interest thereon shall be secured by the lien of <br />this Mortgage. If Mortgagee shall pay any obligation For the payment of which Mort�agor is in <br />default, such payment shall be without prejudice to Mortgagee's right to declare the entire <br />indebtedness hereby secured irnmediately due atid payable. <br />11. Ex If Mortgagee shall incur ar expend any sums, including <br />reasonable attorneys' fees, whether or not in connection with any action or proceeding, to <br />maintain the lien of this Mortgage or its priority, or to protest or enforce any of Mortgagee's <br />ri�hts hereunder, or for the protection of the Premises, or to recover any indebtedness hereby <br />secured, all such sums shall become immediately due and payable by Mortgagar with interest <br />therean at the rate provided in the Note until repaid; provided, hawever, that in no event shall <br />said interest rate exceed the maximum rate permissible under the laws of the state governing this <br />instrument. All such sums shall be secured by this Mortgage and be a lien on the Premises prior <br />ta any right, title, interest or claim in, to or upon the Pr�mises attaching ar accruing subsequent <br />to the lien of this Mortgage. <br />12. Waste. Mortgagor shall not commit or permit any waste of the Premises. <br />13. Indemnification. The Mortga�;or agrees to indemnify, defend and hold <br />harmless Mortga�ee and its trustees, directors, officers, employees and agents from and against <br />any and all causes of action, losses, claims, demands, liability, damages, costs and expenses <br />whatsoever, including but not limited to, attorneys' fees, of any nature arising out of or relating <br />to ar resulting in any way from an actual or alleged personal injury (includin� death) or property <br />damage to the Real Property that results, ar is claimed ta result, in whole or in part, from any <br />actual ar alleged acts, events or circumstances that accur at the Real Property or in connection <br />with the construction, use, aperation and occupancy of the Real Property or from any injury or <br />