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~6~ TAt Mortga3or wlll pay. befon sa+ae bccane delinquent, all t.uces o[ wcry
ki~ n~ture (includinq rcal and pcrsonal p~opcrty taxcs and incoao, fran- '
~h;~~, withholdieq. profita and qross recelpt~ taxcs), all qeocral ond special `
: ~ss~iswencs. 1QVies, pec~nits, inspection md license fcos, all vater and ser+er
_ ~rQ~ts and ~harqes, and all other public eharges vhether o[ a lik~ or di[f~rent
naturo, imposed upon er assessed aqainst it or t?ie Mortqaqcd Propesty os arisinq
~,;'~4T;- in reapcct of the occupancy, use or possession thereot. The Morcqaqor vill,
~~z"~_~:_.~_': ~pon th• sequesc ot tho NoTtgagee, deliver to tho Nortqaqe• raceipta evidencinq
th~ paywent o[ all such taxes, assessments, l~vies, fees, rents 4nd other public
_
char9es imposed upon or assessed aqainst it or the ltortyaqcd Proporty or CM
zewnues; rents, ~ssues, incau or psofits thereot.
- 47. Tt~~ Moztgagos will, at the cosL oL the Mortqagor, and vithout expens• to
~'~-Y-.~':~:' t~1i~ !lostgaqee, do. execute, acknowledqe. and deliver all and evary auch further
p:-~-; .
aeb. deeds. co:?vayances, aortqages, assigoments. notices o! assfqnesents, tzans- •
ters snd assuzances as the Mortqagee shall fras tiina to tia~ require, for the ~~r
`~''-''v b~ttes assuzinq, conveyirg, assigninq, transferring and contirainq unto the
~'~-s:- ltorLgagee th~ propazty and rights hereby cor?veyed os asaigned or intended now
or hereafter so to be, or vhich the r.ortgaqor may b~ or may hereaLter becom~
bound to convey or aesign to th~ Mortgagee, or for carryinq out th~ intention
~ os~ tacilitatin the g ~q,
~ q perfo~?ance of !he tern?s o!` this Mort age, or tor ~~ili -
r, ' registerinq or recordfnq this Mortqaqe, and or de~sand, will execute and deliv~r,
and 2~ereby authorizes the Mortgage upon any failure of Hortqaqor so to do, to '
~xecute in the neae of tne !lortgaqor to the extent it way lavfully do so, one
t=rz;:~, t .
i~.;,,.= or ~ore financial sta'.e~ents, chattel eortgaqes or caaparable security instru- _
~r_,~;x ~nts, to evidence aore effectively the lien hereof upon the mixed or peraonal
s`~; t pocopsrty and hereby irsevocablJ appoints ttortqage• the agent and attorney-in-fact t~:~-~
~
; aK - of lto~ctgaqo! So to do.
?~FY,.. • . a
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± ~8. in the event of the passaqe of any federal, terrltozial or other qoverna~n ~z*"~-~
3 _ law, atder, rule or regulation, subsequent to the date hereof, in any etanner 3
chat~ging oz modifying the laus nov in foYce govezning the taxation of debts se ~~3 `
cured by delds to secure debt, or the sanner of collectisg tauces so as ~o aEfect~~ `~rr
advezsely Hortgaqee, Mortgaqor vill promptly pay any such taxt if ltortqaqor fails ~ ;
`E' to w~ke such pranpt payment of if any such federal, territorial os othez qarern- ' ~ ° 3`-
' aental lav, ordez, rule or z
egulation prohibits Moztqagor fram making such pay-
- aent or vould penalize ltortgaqee if Hoztgagor makes such p~yment, then the entire =
balance of the prfncipa2 sue~ secured by this inde»ture and all interest accrued ~
thereon shall, vithout notfce, immediately beccme due and payable at the option
of the Morbgaqes. • -
. .
~ `9. Mort9agor rrill pay. before the sa~e become delinque~t, all taxes, liens. `
assesssents and charqes of eve z'~
ry character already levied or assessed os that
f ~ay hezeafter be Ievied or assessed upoa or aqainst said pzemises and all ut113ty
~ cha es, whether '
,,;E;~ rg public or private: and upon demand will furnish Mortgaqee rr _
-i ; ceipted bill evidencinq such paywent. -
z_ lbztgaqor rill not suffer any mechanic's, saterialmens', laborer's, aWtvtory
'~>_a.~?:,= or other lien vhfch miqht or could be prior to or equal to the lien of this -
indentuze to be created or to remain outstandi
ng upon any part of the pre~ises. I
ry n9 out the
For the purposes of car i provisions of this paragraph, liorbqaqor t
~ - eonstitutes and app~+ints ltortqagee the true and lawful attorney-in-fact of ltort- -
Z. gagor to do and perform, frooR tfr~e to t3rae, at the sole option of the MorUqagee, =
any and all actions necessary and incidental to such puzpose and does, Ly thc~se
s_° = presents, zatify and confirn+ any and all actions of said attorney-in-fact in ~4~,,._
~_~__E~; the preaises. s,~henever all such events of default have been cured and satis-
? ficd, ~:ortgagce shall surrend~r possession of the prenises to lfortqaqor, prw :
vided that -thc ri ht f ltort a ee to takc
9 4 9 9 possession, fran tiwe to ti~ne, pur-
2~=~ = suant to thc above paraqraph, shall exisL if any subscquent eve~t of defau2t ~
shall occur and be continuinq.
~
z,~~ SO ~ Thc l;ortqayot will keep the buildings, whether now standing on said pre- '
I e:~ wises or hereaftez_ erected, conti-nuously insured aqainst loss or daaage by
j x fire and against such other hazards as the Mortgagee, in its sole discretion.
" shall fran timc to tiwc r uire, for`the bcnefit of thc Hor
{ u<- , ~q tgagec: ttwt al2
j ~4-:,,_° such iasurance at a21 times ai22 be in an incurance coenpany or eonp~nies and -
a~ - in tems and amounts acceptablc to the Mortqa9ce, r?ith loss, if any, payablo ~-j
~ _ to the Mor[gagce as its interesi may appear, pursvant to a mort9~qcc clause
I ~ vt~ich shall bc satisfaccory to thc Etortqagec; and thac forthwith u~~on thQ
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~ ~ ~ ~ `.212 pa~~ 90? =
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