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',~;:Ii0Lltlt Of ~I~@ 10~:.:1 cV l~:~TIC~'Q G~/ t'tl@ i\J ~G' ~ interest AT:C~. Otiic";~ C:'fia.r~~S ~ aS
,~rovided in the .lToi~ , t?:~ ?~:urt~a~ee r~ay u ~ itis option ~u~~ ~uch rayaent.
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~~~ery pay~an ~ s~ nace by the ='=Jr~p3;;8@ (~:~cluding reasona.b3e attorrey's ~
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~aes incurrad th~reby) ,~,r~ tn in ~erest t:,ereo?~. fron t~e date of suc~ pay-
:~_ent, 3t t'r.e ra~e of tnree per cent (3~) per anr_um, ex_cept any payment
~~r which a differer.~ r~,te oi int~res~ is speciiied 'r.erein, sh~.ll be pay-
~~le by t'r,e A:ort~:~gor to ~t~e ~ior ~~a~ee on a~~and and shall be secured by
t'r.is i~:orz~; :ge. T:~is ?~for-tg~ge with respecz to ar.y such amour.~ and the in-
~erzst thereon, shall constitute a lien on the l~iortgaged pro~erty prior
a;y ~t~er lien attac'nir.o or accruing su~sea,uent to the lien of tnis
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::ortgage . . ~
10. ~'ne i~ior ~~a~ze, by any of its agents ar represe::tatives, shall
~ave the right to inspect the nortgaged propzrty from t_ime to time at any
reasona~le hcur o=_" the cay. Snould the mortoaged nroverty,_ or anf part
tnereof, a~ any time req~wire inspection, repair, care or attention of any
:cind or nature r,ot provided by this ~:ortgage as determined by tl~e Mort-
`aoee in its sole ciscretion, the l~ortgagee may, after notice to the '
::~rtgagor, en~er or cause entry to be made up~n, t?~e aortga~.ed property,
and inspec~, repair, protect, care for or maintain such property, as the
i~:ortgagee may in its sole discretion deem necessary, and may pay all
amounts oi money t~erefor, as the ~:ortgagee may in its sol~ discretion
~e~m necess~.ry.
11 . ~:~e ,nr~ nci: al anount ok?ing on the ~Tote toget~er wi ~h interest
~?~ereon and all ~trer c'narges, as t'nerein provi~ed, and zll other aaounts
~i money owing ~y t:~e Mor~gagor to the i:ortgagee pursuant to and secured
this I~~iortgage, sha~l immediately become due and payable wi.thout notice
~r denand upon the appoin~me:~t of a rece~ver or liquidator, whetY~er vol-
antary or irvoluntiar;~, for the ~ortgagor or any of the property of the
' :~ortgagor, or upan tne fiiing oi a petition by or against the Mortgagor
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, under the provisio:~s of°a:,~ S~ate ins~lvency law, ar under th2 provi-
~ ~ ions of ti~:~e Bankrup ~cy :lct of 'E 898, as amended, or upon the ma'~ing by
~ ~:~e Mortgaoor~o~ an assign~en~ for the benefi~ oi the Mortgagor's cre-
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! citors. Tr,e TYior~gagee is author~zed to dec~are, at its opt~on, ail or
,
~ any part o~ suc~i ir.debtedness immediately due and payable ugon-the happening
_ ~f any of ~he ~~liawing events:
~ (a) Failure ~o pay the a:nount of any install~ent o~ principal
~ a:~d in~erest, or other charges payable on the ~To~e, which
~ ~nall Y:ave become due, prior to the due date o~ the next
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~ such installmerjt;
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; ( c) ':on~ erior~ance by t~e ~Iortgagor o~ any covenan a~ree~ent,
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~ ~er~ or condi ~ian of ~:~is Nlortgaoe, or of the 1;ote (e~c~pt
~ zs otherwi~e provided in subdivision (a) hereo-) or of any ~
o:, ier ~~,reement :~eretofore, her~with or hereaf ~er r~ade by ~
~ e:y.or ~gagor with t'ne Nlortgagee in conr.ection ~~~it~ such f
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; _r:debtedress, after t~e iFiortgagor has been given due notice ~
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= c~ ~:2 iY~o~ ~o2~2e of such nonperforWance; ~
~ ~C~ ~a=~L:r2 `O~ 't~'.2 Z~:ar~oa~or ~O U@riOrII any covena:~L, ~~~6v~ent~ ~
% tzr~: or cor.dition in any ~r.strumen~ crea~ing a lien upon tne
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~ aooK 183 P~~ 979
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