Loading...
HomeMy WebLinkAbout1302 . . . , ~ ? ~ 1...~ ' - oompletion ehall oomply therewitb and with the rulee o! the Sosrd ~ ?~ot Fire IInderwritere having ~uriediotion. ~ 9. IIpon any ~ailure by the Mortgagor t6 oomply with or per- torm any o! the terme, oovenante or_oonditione o! tbie Mortgage requiring the payment ot any aa~ount oY money by the Mortgagor, . other than the principal amount of the loan evidenoed by the , Aote, intereet and other.ohargee, ae provided in the Note, tbe . Mortgagee msy at ite option make euoh payment. Svery payment eo made by the Mortgagee (including reaeonable attorney•e feee in- ' curred thereby), Mith interQet thereon trom the dQte of euch pgy- ment, at the rate oP three peraent (39~) per annwm, eacept any ~ payment ~or whiab a diYferent rate oY intereet ie epeai~ied herein, ehall be paqable by the Mortgagor to the Mortgagee on demand an8 . ehs~l.l be eecured by tbie Mortgage. Thie Mortgage with reepeat to . a~I euoh amount and the intereet thereon, ehall conetitute a lien oa the mortgaged property pripr to a~yr other lien attaohing or accruing eubeequent to the lien o~ thie Mortgage. . . 10. The Mortgagee, by any of ite agen~haor repreeentativee, ehall have the right to inapeot the mortgaged property from time to time at any reaeonable hour oY the day. Should the mortgaged pro- perty, or any part thereof, at aay tijme require inepection, repair, care or.attention of any kind or nature not provided by thie Mort- gage ae determined by the Mortgagee in ite eole diearetion, the ~ Mortgagee may, a~ter notice to the Mortgegor, enter or cauee entry to be made upon, the mortgaged property, and inepect, repair, pro- tect, care~Yor or maintain such property, ae the Mortgagee may ia ite eole discretion deem neceeeary, and may pa~y all smounte o~ _ money there~or, ae the Mortgagee may in ite eole diecretion deem neaeeeary. ~ 11. The principal amount owin.g on the Aote together with in- ~ tereet thereon and a11, other ~hargee, ae therein provided, and all other amounte oP money owing by the Mortgagor to•the Mortgagee pureuant to and aecured by thie Mortgage, shall immediately be- . come due and payable without notice or demand upon the appointment - of a receiver or liquidator, whether voluntary or involuntsry, . ~or the Mortgagor or aay oY the property of the Mortga~or, or ~ upon the Yiling of a petition by or againet the Mortgagor under ~ tbe provieione oY any State ineolvency law, or under the provieione' E o~ the Bankruptcy Act o~ 1898, ae emended, or upon the making by _ the Mortgagor of an aseignment for the benefit of the Mortgagor'e creditore. The Mortgagee ie Quthorised to declare, at ite option, all or any part.ot euch indebtedneee immedfately due and payable upon~the.happening of an,y oi the lollowing evente: ~ ~ ; ~ PACE~~ - . ~ - - .id:S~~~~r ~ ~L~ER~ ~v.t~.`.~ 4"~a. s~°+t'`~T~S" ,..~3[~''LSY'.~~~ _ ~ ~ . . .~.~v=_..