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(a) Failure to pay the amount o~ any inetallment oY pria-
cipal and intereet, or ottier chargee psyable on the ~
Note, which eball have become due, prior to the due ;
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date of the ne~ct euch inetallment; ~ .
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~b) Nonperformance by the Mortgagor of any covenant, agree-
ment, term or condition of thie Mortgage, or ot the
' Note (eacept ae otherwiee provided in eubdivieion (a)
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~ hereof) or of any other agreement heretofore, herewith
or hereafter made by the Mortgagor with the Mortgagee ~
in connection with euch indebtednees, after the Mort- '
gagor hae been given due notice by the Mortgagee of ~
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•euch nonperformance;
(o) Failure of the Mortgagor to perform any covenant, ;
agreement, term or condition in any inetrument creating `
- a lien upon the mortgaged property, or any part thereof,
which shall have priority over the lien o~ thie Mortgage;
(d) The Mortgagee's diecovery of the Mortgagor's ~ailure
in any applicati on of the Mortgagor to the Mortgagee ~
~ to.diecloee any fact deemed by ~he Mortgagee to be
' material, or of the making therein, or in any of the
agreemente entered into by the Mortgagor with.the ;
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Mortgagee (including, but not limited to, the Aote and ~
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thie Mortgage) of any mierepreeentation by, on behalf ~
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o~, or for the beneYit of, the Mortgagor;
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~II (e) The eale, leaee or otber tranefer of any kind or nature
~ oP the mortgaged property, or any part therof,~without ;
~ the prior written coneent of the Mortgagee; ~
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The Mortgagee's failure to exerciee any of ite righte hereunder ~
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shall not conetitute a waiver thereo~. All the evente in th~e ~
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Paragraph enumerated upon the happening of any of which the Note
ahall become, or may be declared to be, immediately due and payable, i
are in thie Mortgage called "evente of default". ;
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12. The Mortgagee may from time ts~ time cure each default . i
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under any covenant or agreement in any inetrument~creating a lien ~
upon the mortgaged property, or any part thereof, which ahall have ~
priority over the lien of thie Mortgage, to euch eatent as the ;
Mortgagee may exclueively determine, and each amount paid (if any)
by the Mortgagee to cure any euch deYault ehall be paid by the
Mortgagor to the Mortgagee; and the Mortgagee ehall also become
eubrogated to whatever rigbte the bolder ot the prior lien migbt
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have under euch inetrument. . ~
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BOOK ~ / O PACE 6~~ ,
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