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Home My WebLink About2296 i ~ ~ ~ :~~ount of the loan evidenced by ~he Note, inierest ar.d other charges, as ~rovided in the Note, the Ntortgagee may at its option make such payment. ~;very payment s~ raade by the 1Viortgagee (including reasonable attorney's . ;ees incurred thEreby), with interest thereon from the da~e of such pay- ~.ent, at the rate of ~hree per cent (3~) per annum, except any ~ayment ~~r which a differer~t rate of interest is specified herein, sha7.1 be pay- j ~ble by the :~?ortgabor to the Mortgagee on demand and shall be secured by ; , ~:is Nortgage. This M~rtgage wit:~ respect to any such amount and the in- ; Lerest thereon, shall constitute a lien on ~~he ~Zo~tgaged proper~y prior any other lien attaching or accruing subsequent to the lien of this ; . ~ :~:ortgage. 10. Th2 Mortgagee, by any of its agents or representatives, shall ::ave the rigY~t to inspect the nortgaged proper~y from time to time at any _ ieasonable Y~our of the day. Should the mortgaged property, or any part ~hereof, at any time require inspection, repair, care or attention of any :1~r,d or nature not provided by this Mortgage as determined by tY~e Mort- ~agee ~n its sole discretion, the ~ortgagee may, after notice to the :•:~rtgagor, enter or cause entry to be made upon, the mortgaged property, ~:~d insnect, repair, protect, care for or maint3in such property, as the :~:ortgagee may in its so~.e discretion deem necessary, and may pay all i :~ounts of noney tY:erefor, as the Mortgagee may in its sole discretion ; ~eem necessary. 11. The principal a...~ount owing on the hTote toget:~er with interest ~::ereon and all ot'her charges, as therein provi3ed, and all other amounts .i money owing ~y the ~Iortgagor to the i~iortgagee pursuant to and secured . ; "~y this ifor~gage, sY:all immediately became due and payable without notice ~ S 3enand upon tY:e appointnent of a receiver or liquidator, whetY~er vol- ' :::.tary or involuntary, for the Mortgagor or any'of the property of the :•:~rLgagor, or upon the filing of a petition by or against the ~Iortgagor 1 :::~er tne provisions of any State insolvency law, or under the provi- ~~~ns of ~:,e Bankruptcy Act o~ 1898, as az~ended, or upon the making by s t ~:e ;~or~ga~~r o~ an assignment for the benefit of the N;ortgagor's cre- t ~ors. ~ne i~i; rtgagee is author~zed to declare, at its option, all or . ~ ~ ;:y part oi sucn indebtedness immediately due and payable upon the happening ~ any of the ~ollowing events: ~ ' ~ ~ ~ (a) railure to pay the amount of any installment of principal ~ ar~d interest, or other crarges payable on the Note, which ~ s::a~l have become due, prior to the due date of the next ~ sac~i ir,stallment; ~ x ~ x (b) ~T~n;er~ornance by tne rlortgagor of any covenant, agreement, ~er~ or cor.d=tion of ~Y~,is P4ortgage, or of the Note (except as otherwise provided in subdivision (a) hereof) or of any ~ o~'.:e~ agreement heretofore, nerewith or hereafter mane by + y- h Mort a ee in connection wit%: such ~ ~ ~r~e ..or~gagor w~tn t e g g ~r.de~tedness, after the i~:ortgagor has been given due notice ~ ~ '~y the ~Zortgagee of such nonperfornance; ~ ' ~ ~c; ~ailUre of t'ne i~ortgagor to perform any covenant, agreement, ' ~ term cr condition in any instrument creating a lien upon the ~ ~ ~1~7 ~ - W - ; t~~~ y~ ~ . ~ s:~~y:,- ~.,._F-~.*~ _ -