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Home My WebLink About0988 . ~ - 0 - ' :::i:ount oi '~he ~ ~•~n z~~idenc~d by tiie ATote, ~r. ~erest and othe:: c:~arg~s, as '~'OVIQZG~ iTl tr:~ ~J~v ~ ~LY:~ i~ior~.:ouoee .iay u~: 1tS ~~t1.QT1 ru2~{@ :.UCri Lc~yL."GYIt. ` ~very pay~er.z ::o !~a~e oy t:~e j'ior ~~2oee ( including reasonable dttorney' s ;`es incurred t'r.ereby), H~ith int~rest thereon from the ca~e of ~ach pay- :ent, at the rate of ~'r:ree ~er cer.t (3~) per annur~, except anf pay~ent _'or which a di*~e_en~ rate oi intzrzst is specified 'nerei;~, s~iall be pay- ~aole by t'r.e r~:ortga;or to t:~e ?~iortgaQee on dEnan3 and sha~ 1 be secured by ; ~nis 1~Zorzoaoe. T::is A:ortoa~e wit'n respect to any suc'n amoun ~ and the in- ~arest thereon, s:~a~l cor.stitute a lien on the iYlortoagzd proper~y pr~tor ~o any other lien attachin; or acc:ruing subsequent to ~'ne lien of t'nis ::ortgage . 10. `~ne iiort~;abee, by any of its agents or representatives, shall ~ave the r~~h~ to inspect the mortgaged property from tirae to tia~e at any rzasonable nour c~ zhe day. Should the mortgaged property, or any part ~hereoz, at ar.y tine require inspection, repair, care or atten~ian oi any ' ':.~z~d or na~ure not provided by this l~iortgage as determined by the l~ort- ; r ~;agee in its sole aiscretion, the Mortgagee may, aiter notice to the ' i :~:ortgagor, en~er or cause entry to be made upon, the mortga~ed prope~ty, ~ an3 inspect, repair, pro~ect, care for or maintain such property, as the ::ortgagee may ir its sole discretion deem necessary, and may-Fay all :a~ounts o~ money ti~erefor, as the ~Iortgagee may in its sole discretion ~ aeem necessMry. 11. ~he principal ~ount owirg on the Note toget7er ~rit~ ~nterest ~:~ereon ar,d zll other c'narges, as therein provided, and all otner a.mounts of noney o~:ing by the i~ortgagar to t~e Nortgagee pursuant to and secured ~y t'nis :~~iortg~ge, s'nall i~mediately becone due and pa~able wi ~hout notice cie~and upan -che appo~n ~ment oi z receiver or liquidator, whet::er vol- ~ ::_~tary or ~nvo~untary, ~or the iiortigagor or any of the property of t'ne ~ :iortgagor, or or. t'ne ~~ling o~ a petitior. by or against tne i~~ortgagor ~ :~ndzr the :rovisions o~ ar,y State ?nsolvency ~aw, or urder ~ne provi- ~ s~ons oi ~'~e Ban'~ruptcy Ac-~ of '18a8, as anended, or upon the ma~ing by ~ . ~ ~:e I+~or~ga~or oi ar, assign~ent for t:~e benefit of the T~iortgagor's cre- citors. ~i:e Aior~ga~ee ~s author-zed ~o declare, a~ its option, all or ~:~y pa-r~of suc'n ir,debtedness i~ediatel~ due and pay~ble upon the happening oi ~ny o~ ~he iollowirg events: (a) ~ailure to pay the ~ount of any install~ent oz principal ar.3 interest, or other charges payable on tY~e I~iote, which ~ shall ':~ave become due, prior to the due date of the next ~ . ~ such ins ~a~imen ~ ; ~ ~ (c;) 1~;on~Erfor,~ance by the i+~ortgagor of any covenant, agreement, ~ - ~ ~e~m or ccc~ai ~ion o~ t:~is tiiortga~e, or of the ZTote (except ~ ' as other~~ise provided in subdivision (a) hereoi) or of any ; o e^ a~ree~.ent _~ere ~o~ore ,'r.erewi ~h or hereaf ~er ~ade 'oy ~ ~ ~he i~:or;.~~.~or ~ritn t:^.e Mortgagee in connection wit'~ suc:~ i ~ ~-r~ueb~edness, af ~er tr~e i~Iortgagor has been given due notice t t ~~r i :~e =:or~~agee cf such nor.performance; ~ ~ ~ ( c} ~ G:1ure of ~c~e ~~~or ~oaoor to uerfora~ any covenant , agreenent , ~ ;,cim condit~on in any instrument creating a lien upor. tne ~ s _ ~ ~ ° R ~83 P~~ 9~7 ` aooK _ ~ . _ . . - - - _ ~ wv _ _ _ . ~