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HomeMy WebLinkAbout0897 . dve d~te of the ~t'eremen~ioned amounte the amount then on de- poait therefor eh~ll be ineufPiaient for the payment sP ~uah ~ item in full, the ~[ortgagor Mithin ten (10) dqys after dem~nd ehall depoeit the ~uanount oY the dePieienoy ~ith the Ksrtgagee. Nothing herein aantained ehall be deemed to affeat ar~y right or remedy of the l~rtgagee under any pr~viaions 0f this Mortg~,ge or of a~n,y et~tute or rule or larr to p~y any euah amount arad t~ add the amount e• p~,id together ~ith in~areet at ~he le gAl rate t• the indebtedness hereby aecuredo (b) ~he Mortgagor ~ill pa,y, from time to time Nhen the ~ awne ehall become due, ~,11 lawful ela3ms and demande 0f inechanfce, materialamer~9 laborara, s~nd athers which, ~f unpaid,~ might reaul-t in, ar permit the creation of, a lien on the.Mortgaged Property or an,q part thereof, or on, the revenuea, rente, iaau~ea9 income and prafita sriaing therefrom and in general will de or es~ude to be done evexqthing neceeeary so the t the lien.thereof ahall be . full~r preaerved, at the coat oP the Mortgagar9 ~ithe4at eapense to . the Mor~gagee. i ~c) Nothing in this 3ectian 1,07 ehall require the payment or dieaharge sf any ~bligation ianposed upon the Mortgs~gor by thia Seation ao long a8 ~he Mortgagor shall in good fa3th ar~d ~t its own eapenBe contest the same or the validity thereaP by~ apprapri~te legal proceeding ~rhich shall aperate to prevent the colleetion thereof or other realizati~n thereon and the eale or F~rfeiture of the Premieea or any part there of to satiafy the same; provided th~t during such canteet the Mortgagor ahAl1, at the opti~n oP the Mor~gagee~ prori~ie curity aatiefactc~ry to the Mortgagee, assuring the diacharge or the Mertgagar~s obligation hereunder and of ar~y ~dditional eh~rge, penalty or eapenee arieing Prom or i~curred aa a ~-5 a~K~.74 894 ~ i ! ~ E I . ~ _