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Home My WebLink About0491 • ~ . • - b - :~:.~ount of -che losr. evidenc~d oy ti~e vote, interest and other charoes, as ~~rovided in the vote, the ~Iortga;ee may at its option'make such payment. ~very payme:~t so made by the 'rlortgagee (inciuding reasonable attorney's f ~ees incurrzd thereby), with interest thereon from the date of such pay- ~ent, at the raze oi three per cznt (3qb) per annum, except any payment for which a difi2rent ratz of interest is specified herein, shall be pay- able by the i~lortgagor to the ~iortgagee on de~and and shall be secured by ~his Mortg2.ge. lhis Mortgaga wit:~ respect to any such amount and the in- ~erest thereon, sY:all constitate a lien on the ~Sortgaged property prior tio any other lien attacY~ing or accruing subsequent to the lien of this i~:ortgage . 10. ~:~e ~:ortgagee, by any of its agents or representatives, sY~all :~ave the right to inspect ~he sortgaged pro~erty fram time to tine at any reasonable hour of the day. Should the mor~gaged property, or any part thereof, at any time require inspection, repair, care or attention of any ' :~ind or na~ure not provided by ti'nis Mortgage as deternined by the t~~iort- ~agee in izs sole discretion, the Ntortgagee may, after notice to ~he ~:ortgagor, enter or cause entry to be made upon, the mortgaged property, and inspec~, repair, protect, care for or maintain such pronerty, as the :~~ortgagee may ic~ its sole discretion deem necessary, and may-pay all amounts of money therefor, as the N:ortgagee may in its sole discretion ~ deem necessary. , m T • • ~ 1. ~he principal a:::?unt owing on the I~ote togc ~iici w~ ~,n ~n ~ ;,hereon and all other charges, as therein provided, and all other a.mounts ;,f money o~•:~~g by the Mortgagor to the iKortgagee pursuant tc and secured by this Aiortgage, sha--~ immediately become ~ue and payable without noti~ce or demand upon the appointment of a receiver or liquidator, whetY~er vol- j untary or involuntary, for the Mortgagor or any of the property oi the ~ :~=ortgagor, or upon the filing of a petition by or against the Mortgagor i under tY:e provisions of any State insolvency law, or under the provi- ~ s~ons cf ~~e ~ankrup~cy 4ct of 'l898, as amended, or upon the making by ; ~ ~~e ~Iortgagor of an assignnent for the benefit o~ the Aiortgagor's cre- ~ ~ ditors. The irortgagee is authorized to declare, at its option, all or any part of suc:~ innebtedness imm2diately due and payable upon the happening ~ ~ of any o~ the ~ollowing events: ~ (a) Failure to pay the a.mount of any installment of principal and interest, or other charges payable on t eh Note, ~r~hich ~ shall bave become due, prior to the due date of the next ~ sucb i ns +.all~ient ; ~ ~ (b) ivonper~or~ance by the i~ortgagor of any covenan~, agree~ent, j term or condition o~ tY:is Mortgage, or of the Ivote (except ~ as otherwise provided in subd~vision (a) hereoi) or of any ~ ~ ot::e~ agreemer•t here~ofore, 'nerewith or hereafter nade by ~ ~ tr,e ~~:or ~gagor with the i~iortgagee in connection wit:~ such ~ i-r.~::eotedness, after the Mortgagor has been given due notice ~ ~ c,y ~~e :'iortgagee o~ such nonperfornance; ~ ~ . (c) ~'a~~ure oi the i~:ortgagor to perform any covenant, agree~ent, ter.~ or conci~ion in any ins-crument creating a lien upan the ~ ~ ~ ~ ~ a~K 182 ~ ~89 ~ ~ _ ~ - - { E _ ~ ..W . _ . - : -