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Home My WebLink About0997 ~ - o - •~mount o~ ;,he loan evidenc~C by tre iio~e, interest a~d o ~her c'r,ur;es, as ? ,~~ovidad in ti'ne i~o~e, tr,~ IY:ort~;a;ee ~iay at its cption ~~,:tie such ~a~~ent. ~ _ , ~very payme:~t so r~de by the i`jor~`agee (including reasonable attorney's ~ iees incurred t'r.ere~y), ~;~;th i:~terest thereon from the ~ate of such pay- t :::ent, at t'ne raze ~f tnree per cer.t (3~) per annum, except a-r.y ~.ay~ent ~or w:~icz a cii c~~renz ru~e of ~n-~eres-c ~s specified 'ne~~ein, sha? 1 be pay- ~.:ble by t~~e irlort~aoor to the Mortgagee on denand a:~d sha11 tie secured by ~his Mort~;~Qe. `~his Mortgage wit:~ respect to ar.y such amount and the in- ~erest thereon, shal.l cons;,itutie a lien ~che Mortigaged property prior ~o any ot:~er lien at~aching or accruing subsequent to the lien of this :~iortgage . 10. ~ha ~:or~Cagee, by any of its ager:ts ~r representatives, shall ::ave the rig~t zo inspect the mortgaged property from time to ti~e at any reasonable hour of the day. Should the mortgaged property, or any part ~hereof, a~ any time require inspection, repair, care or attention of any ' ':cind or na~ure not provided by t'nis Yortgage as deternined by the ~ort- vagee in itis scie discretion, the ~tortgagee may, after notice to the. ;•iortgagor, en~er or cause entry to be made upon, the mortgzged property, and inspect, re~air, protect, care for or naintain such properzy, as the i~:ortgagee ~ay in its sole discretion deem r.ecessary, and may pay all aa~ounts o~ ~oney therefor, as the ~Iortgagee may in its sole discretion deem necessary. 1 The priizcipal ~ount owir~; on t'ne Note toget:~er wizn interest thereon and al~ otner charges, as therein provided, and all ozher amoun~s o~ money owing by the T~ortgagor to the Mortgagee pursuant ta and secured ~y this Mortga;e, shall immediately become due and payable without notice ~r demand upon t'r,e appointment oi a receiver or liquidator, whe ~?~er voZ- untary or invclu:~tary, for tY,e tiiortga~or or any of the property o~ the ~I ::or~gagor, or upon the filing of a petition by or against t'ne Nortgagor ; under t'ne urovisicns of ar~y S~ate insolver,cy law, or ur.der t'ne provi- I sions or ~he Bankrup~cy ~ct a~ 1898, as a.menned, or upor~ the a~aking by ;.:~e Mor~oa~or or a:~ assib:~~ent for zne bene~it of the l~ortgagor's cre- ~ t ditors. i:e i:~rt~agee is au~hor~zed to declare, at its option, all or ~ ar.y part o~: su;;': incizbtedness immediately due and payable upon the happening of any o~ ~he ioiiowing even~s: (a) Fa~lure to pay z'ne amount af any ~nstallment oi principal anc ir~~eres~, or other charges payable on the Ido~e, w~ich s:~all have become due, prior to the due date of the next ~ such install~ent; ~ + ~ ( o) =i~n~eriornance by t::e P~art;a;or of any covenant, agreement, ; ~ ~er•~: or ccnd~tion oi t'nis ~Ior~gage, or of the _~~ote (except ` ~ . ~.s o;.ner~aise ~~rovided ir, subdivision (a) hereoi) or of any ~ o~:e~ acree~ent nere~ofore, herewith or hereafter ~ade ~y ~ ~:e :~ior ~gagor wit~ ~ortoagee in connection wit'~ such ~ ~ r~:? e~ ~ea :e~s , aiter ~:~e i~Iortgagor has been given due notice ~ ~y t:e :~:or~~aoee of such nonperfornance; ~ 3 ~cj -.~--iu-re o~ t'r:e i•:ortgagor to perform any covenant, agreeTent, ~ ~ ter~ cr conditior, in any i-.strament creating a lien ~.~pon the eY ~ 3 t ~ t ~ ~ ~ _ _ _ . - - , ° ; ~ .z,~~, . . _ . _ ,