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ARTICLS II
EVSNT3 OF DSFAtTLT AND R$MSDISS
SECTION 2.01. IY one or more of the following Svente
of Default sha11 happen, that ia to say:
(a~ 1Y (i) def~ult ahall be made in the payment oP
any intereat on the Note, or~in the payment of any inetal-
ment of principal, in,either such case, when and as the
aame ahall become due and payable, and auch default ahall
have cont~nued for a period of ten (10) aays or (11) de-
feult ahall be made in any othe~ payment of the principal
oP the Note, when and es the eame ahall become due and
payable, whether et.maturity or by acceleration or as psrt
of any prepayment or otherwise, in each case, as in tMe
Note and this Mortgsge proa~ided and auch default shall
have ~ontinued gor a period of ten (10).days or (111)-de-
fault ahal~ be made in the payment of any tex required by
Section 1.07 to be paid and said default shall have con-
tinued f or a period of twenty 20 ) daye; or
(b) if default ehall be made in the due ob~ervance
or performance of any covenant or agreement on the part
of the Mortgagor contained in Sectiona~1.01, 1.03, 1.08
or 1.09 and auch default ehall hsve cont3nued for a per-
iod oP twenty (20) daya after written notice thereof
shall have been given to the Mortgagor by the Mortgagee;
or -
(c) if default ahall be made in the due obaervance
or perforanance of any other covenant or condition on the
p8rt of the Mortgagor in the Note or in this Mortgage ~
contained, and such default ahall have continued Por a
period of thirty (30) daye after written r,otice apecifying
euch default end demanding t~at the eame be remedied ahall
have been given to the Mortgagor by the Mortgagee; or ~
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