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facts ~vhich cause such representation or ~vananty to be false or misleading
continue to exist for a peried of thirty ( 30} da}•s after ~vritten notice thereof
by 141ortgagee to 1?Zortgagor.
6.4 JUDGMENT. If a final judgment for the payment of money in
excess of T~venty-five Thousand Dollars ( S25>000.00 } shall be rendered
against Mortgagor and the same shal! remain undischazged for a period
, of the applicable appeal period during which geriod execution shall not
be effectivelq stayed. -
s.~J VOLUNTARY BANSRUPTCY, ETC.~ If Mortgagor or any Guazantor
shall (a) voluntarily be adjudicated a bankrupt or insolvent, (b) seek or
consent to the appointrnent of a receiver or trustee for itself or for all or
any pazt of its property, ( c) file a petition seeking relief under the bank-
ruptcy or other similaz laws o€ the Uruted States or any state or any other
competent jurisdiction, (d) make a general assignment for the benefit of
creditors, or (e) admit in writing its inability to pay its debts as theq
mature.
~ 6.6 INVOLUNTARY BANKRUPTCY, ETC. If a court of competent ju-
risdicdon shall enter an order, judgment or decree appointing, without
the consent of hlortgagor or any Guarantar, a receiver or trustee for the
111ortgagor or any Guarantor or for all or any part of the property of the
11lortgagor or any Guarantor or approving a getition filed against the
Mortgagor or any Guarantor seeking retief under the bankruptcy or other
similar laws of the United States or any state or other competent juris-
diction, and such order, judgment or decree shall remain in force undis-
cl~arged or unstayed for a_ period of sixty ( 60 ) days.
6.7 DISSOLUTION : If ~iortgagor or any Guarantor shall dissolve or
liquidate without the prior tivritten consent of ~Iortgagee. ~
G.8 ACCERATION UNDER ARTICLE I`l. IF I«OI[gagCC aCCe1CT8teS P8)'-
ment of the Indebtedness under Article 12 and :tsortgagor fails to pay the
Indebtedness within fifteen (15) da}~s after the expiralion of the thirty (30)
day written notice by 1lortga~ee to I4tortgagor as provided in Article 12.
6.9 FORECLOSURE OF ~7THER LIEIVS. If the holder of any mortgage,
deed of trust, deed to secure debt or other lien on the Mortgaged Property
(without hereby implying l~tortgagee's consent to any such mortgage, deed
• of trust, deed to secure debt or other lien) institutes foreclosure or other
=proceedings for the enforcement of any of its remedies thereunder.
. ~
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