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; r~ori ~y ovar ~~ie:!,,~i t?~is I:orz~a~e;
~G~ ~'~_=s.-' _.OI`~`a"zG'3 u~:.~OV2?"~f Oi ~fl@ 1~Or~~,~~-~',',Or'S f~;,?~t]~1'~ 1T: STl~
'~'~JT3~1C3~1JY1 C~ i:~;C i~iOrt~SGOi ~i.0 tYl@ i'~Ort~;3~;~~ ::~.~C~.OS@ uYl~/
iact d~e~ied by t~,e `~jort;~~ee to be ~a~er_a~ , o~ of ~'r~e ~a_~ing
t~ere~r , or in an;~ of the a~reeme:~ts entered ir.io b~ ti:~e i~.ort-
~agor with ~ae i~~ortgaeee (includino, out no~ li:aited to, the
i~o~e ana Lris :riortgage) of any misrepresentation by, on be- ~
'r.a~i oi, or for the bene~~ti oi, the '~iortgagor;
~e) `~?~z sa~e, 2easz cr other trar.s~er oi any kind or nature af
~:~e ~ort~aged pronerty, or any parti t'nereof , t,~it~put the
prior written consent of zh~ i~or~gagee;
:2 :~ior ~gaaee' s iailure zo exercise any of i ~s rights hereurcer shall
r.oi cons~~~ute a waiver zhereof. All the even~s in this Paragraph enum-
erated upor. z:~e 'r,appeni:: ; o~ any of wh ich zne Note shall becomz, or may
~e declare~ to be, i~ediately due and payable, are in this P4ortgage
ca~led "eve:~ts ce~aul .
12. ~ne i~ior~gagee may i~on ~ime to t~~e cure eacn defaal~ uncier any '
c~ven~n~ or a~ree.~e:~z in any ~:~strument crzating a lien upon ~the mort-
;ag~d property, or any part ~hereof, w:~ic?~ shall 'nave pr? ority over the
'~izn oi this i:or~oagz, to such extent as ~:~e iiortgagee ~ay exc~usively
~:etzrmine, an~ ezch anoun~ paid (iz any) by ~'ne Yortgagee to cure any `
such deiauyt shail be ~ai3 by ~re Ifcrtgagor to the ;;ortgagee; and the ;
t
:•i~rtgagee ~hail also oecome suoroga~ed ~o whatever rig'nts the 'no?der of ~
the prior ~ier. ~i~;:,t :~ave under such instrumen ~
13• (a) Piter tae :~ap~eni:~g o~ anf Geiault hereunder, the ~:ort-
Vagor shzl~ u~or~ de~and oi the r4ortgaoee surrender possession oi t'ne
~ ~.:or ~gaged ~ ror~r ~y to Lhe i~~rtga~ze, and ~he i~ortgagee nay e::ter such ~
I ~~~operiy, and let ~'r.e s~e a:~d col~ect all t:~e rents ~herefrom which F
~ .:re due or to beco.~e 3ue, and appiy tne s~e, after payment of all charges !
' a~d experscs, o-r; ~.cco~:r,~ o~ ~he indebteaness rereby secureci, and a~l such
~ ~ents ar.d all leases existir.g a~ ~he time of such default are hereby
~ assi~ned to ~'ne :kior ~~aoee as ~urt:~er security for the payner.z oi zhe
;ndebtedness secured rereby; and the i~ortgagee may also dispossess, by i
~~,e usual sur..~ary proceedings, ar.y tenan-t de~aulting in the paynent of 1
~
~ =any rent io t'_^.e ifi~rioagee . ~
~ ~ r ~ae event ~%~av ~he :~ortgagor o~cupies the Mortgaged pro- :
s
~ : er LJ cr anj~ ~ ~hereo~ ~;;:~e .:or ~gagor agrees to surrender ~~ssess ion
~ ~uc%, ~r~per~f ~o ~ne :.ort~agee ~r~tediately aiter any suc: de~ault
_-.vreur.aer, zn:: ii e i~~or~gacor ren~~r:s in possession after suc'r, aeiault,
~ ~~~a p~~sess~o:^ s:.211 bz as c. i2::3(1Z cf ~ne ~iortgagee, and ~'ne :~Iort~agor
~ ~:2i~ ~:.jr 1:'i 2~`12T'iC2 ~ C~OYl Cl@Ty:; 11t~ G3T ~~'ie T~iOT~gagee ~ 3S a. rG'~sonabi2 ~ont~iy
y ~~r,ta' _o~ ~::e ; reW~ses occupied by the i-lortgagor, an amour. ~ at least
~
~ ~~Lii`I~;.~c-. ~ ~G 0: e-i.t~le~ Z~~'i O~ ~:'l@ :.~~re~a~e Oi t:'fl2 twelve ''.•1'v :-~ii~?y install-
- ;_~:~t~ ~.-~.;~~~~e ~:~~e c~;rrent cale~dar year, ~~us ~he actual a~.~u:~~ the
1~ ~"_'i :u~~ ~~~ti.~~Cl reni,, 2: y', i;.1{E',S, 2~S2~S~iE7l~S~ water ra~ES, other t;OV- ;
,
`3 ~~rr,~,cn~a~ c?~~ar~;es, : ~rsurance premi~:~s payz~le ~ n connec:;io:~ ~'r. ~~e ~
,
k~ ~ ~
~.:,r ~ba~ed :.ro ~~ri~ du~i r.~, such year, ar.d upor. the faiiure oi tY~:e i~:o~-
~ =:Ggcr ~o _ a;~ s:~ch Wo~:,~,;::1J re:ltai, the .r.ortgagor may also ~e dis~ossessed
tne wsua~! su~ary r~r:,ceec:n~s Gpplicabie ~o tenants. Tn;s c~vena~t
y J BOUK P~GE ~ r~
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