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;~i:1bUTl't ~Jf i.~:t ~ v:::: 2V'•_Clt:-:Cc~ uy ~l~2 i10 ~r; ~ lYl~Er~S~ a7~C1 0''i,~?Cr' C;:~1"~ca ~ aS
~~rovidea ir. t?~e .:o~e, :~~:cr~~~~ee ~ay a~ its optior, :~ake :.~uc~~ ~ay~ent.
:very pay ~anZ so ~~~:e by ti:~~ =-~rto~:~.~e ( ir,cludir.g reasona~l~ ~.ttorney' s
~ees ir.currad t'r.erety) , wi ~'n in ~erest t~ereon irom the date ~i such pay- ~
~ent, at th2 r~t~ of t:lree per cer.~ti per annur~, efce~t ~.r.y pay:~ent ~
~~r whic~ a di_~ieren~ rsze oi in~eresz ~s speciiieci nere_n, s:~~?1 be gay- ~
abl~ Dy 'tf:e :for ~~a~or Lo the iriort~;a~~e on demand and shall secured b~
~:is ~ort~a~e. ~lhis ;~:or ~~:~~;e with res~ect to any such arnour ~ and the in-
~erest thereor~, shzll cons ~i ~ut~ a lien on the ~tort6aged pro~erty prior ;
to any ~~ther l~en attaching er accruin~ sabsequent to ihe lien of ~nis ~
i~~ortgage .
10. ~hz ~:or~~a~ee, by ar.y oi its a~e:~~s or representiativzs, shall
~ave the r~ght to ir~spect the ~:or~baged proverty from time to time at any
reasonable :~a~:r of ~he cay. Shoulc the ~.ortgaged property, or any part
~hereoj, az any time require inspection, repair, care or at~ention of any '
:tiind or nature :~ot proviaed by this I*iortgzge as deter~ined by t'.^.e IYiort-
~ragee in i~s so~e niscretion, the ;~ortgagee may, after notice to tne !
i~io~tgagor, en~er or cause entry to be ~ade apon, the aortga~ed propertiy, `
and inspec~, repa~r, protiect, care for or nainta~.n such propzr~y, as the i
:~:ortgagee Way ~n iis s~~e discre~i~n~aeen necessary, ana may-pay all ~
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anoun ~s oi r~oney there~or, as ~~Y,e r:or~gagee may in its sole discretion ~
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ceen necessary. '
1~. 1'ne pri:~cipal ~o~r_t awing on i,he Note toge~~er ~1~ ~r~ ~ntzres~
z~ereon ana all otaer charges, as there~n ~rovided, and all otnzr aacunts
oi money owing ~y the ~:ortg~,~or ta the I~ior ~gagee pursua:~t tc and secured
~y this ~Iort,;age, s::al~ i~imediately becone due and paJable ~rith~ut notice ~
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~r dena:~d u~on the zp~oir. ~me::t oi a receive~ or liq~:idator, wY;etY~er voI-
;:ntary or ~nvo:~untiary, ior the N:or ~gagor or any o~ the propert;~ o~ t'ne
` ::ortgagor, or uuon ~'r.e iilin~ oi a~etition by or against the i~tortgagor ~
i under t'ne provisions oi any S~at~ insolvency law, or under the provi- ~
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~ S10Y2S Gi ~~ie ~a.:1'~~Up~C~ r_C~ Oi 1848, a.S amenaed, Ol' U~OTl t~i@ ~ak~n~ 1Jy '
j ~ne ~or~ga~or a~ a:~ ~.ssionmen;, for the benefi~ of the Aior~gagor's cre- ~
~ ;:itors. ~~~e ~~or~~;a~ee is au~'nor~_zed to declare, at its option, all or
any part o~ s~c:~ indebtedness i~:mediately due and payable upon the happening
~f any cf ~he ~o?icwing events: ~
(a) i~ailu~e t~ ~ay t'ne amoun~ oy any ~rstallneni o~ pr-ncipal ~
and in~terest, or other char~es pay~.ble on the :Tote, which
sha~l ~:ave ~ecome due, priar to the due date o~ the next
~ suc'n ins ~;~~~ment;
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~ i~o~~er~or~ance oy t~e :ti:ortga~or oz any covenanL, agree~en~,
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~c~:: OZ' CO?"?~~ O(1 Oi t:11S :riort~a~e, Or Of tii2 :::~t° ~~~~t
~ O ~',^,v~id1S2 prov~ aec 1Tl SUDC~IV1.S1021 ~cl~ herecf ) 0~ Oi 2Tly
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~ o ~~er agreewer.~ heret~fore, 'rerewitb or Y:ereal ~er r~ade by
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~ ~i:e :J~o~~ ~~~~or 41~ tr~e iYiortgagee in conr,ectzon ~~iz':~ suc?:
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~ ~::de~ZeC: e~s, a~te~ ~:~e :~.or~~a~or has been given due r.otice
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~ ~.:e :%or ~~a~ee of such no:~perfor~ance ; .
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~ ~c) ~'~.--~a~e ai ~:e -_:or~gaoor to per~or : an;~ covenant, ag~ee~ent, }
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~ ~e~:~. or conditio~ ~n any ir,stru~e::t creatin~ w lien u~~n the
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F~ 800K 1v~ PACE !
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