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HomeMy WebLinkAbout1666 _ ~ - _ . - - - _ _ - _ . (h) iP any of the events enumerated in clauees (d) through (g) of thia Section 2.01 ahall happen to the per- eon or ~entity, if eny, guarantyin,g the obligatioria of the • ~ ; Mortgagor aecured hereby, or any such guarantor'e property; or (i) if it eHall be illegal for the Mortgagor to pay any taa referred to in Section 1.08 hereof or if the pay- ment of euch tax by the Mortgagor would result in the viola- tion of the ugury lewa of the atate~in which the Premiaee are loca~ed; then and in every such caee: ; I. During the continuance of any euch Event of Default, the Mortgagee,-by written notice given to the Mortgagor, may declare the entire principal of the Note then outstanding (iF not then due and payable), and all accrued and unpaid intereet thereon, to be due and payable immediately, and ' • j upon any such declaration the principal o~ the Note and f ~ said accrued and unpai3 interest shall beedme and be immediately due and payable, anything in the Note or in ~ this Mortgage to the contrary notwithetanding;. ~ II. During the continu~nce of any euch Event of De- fsult, the Mortgagee pereonally, or by its agenta or attorneye, may enter into and upon all or any part of the Premises, and each and every~part thereof, and may exclude , the Mortga~gor, its agente and aervant~ wholly therefrom; and having and holding the eame, may uee, operate, manage and control the Premiaea and conduct the buainess thereof, either pereonallq or by it~ superintendenta, managere, agenta, eervante, attorneye or receivera; and upon every euch en~ry, the Mortgagee, at the expen$e of the Mortgaged Property, from time to time, either by purch.ase, repairs or I I- 3 600K 1 t~ P~ ~71J~ b~i74 ~1662