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replt?cements of, ~ud ull uddition~ ~mi nppurlen:~Tices to, tho Diort-
' gugc~l 1'ropect~•, lici•~~:~Ctcr :~c~l~iir~,~l lr}•, or rrtc:i~c~l to, llie ~(oi•i;;:~aor
or con5iruclca, aasc~ublc~l ur placcl by tt~c \lort~;:~;;or uu il~e 1'rcti?isca~
und ull con~•crsious of il~c securit~ co~~,titutccl tl,creLy, innuccli:~lcly
npon sucl~ ~ic~lui~itio~y rclcasc, co~~slructiai, us,~~uit,li~i„ pl:iccu~c~it or ~
convcrsion, as tLu caao may bc, :u~~l iu c~~rli sucl~ casc, williout any ~
f11T~1CT IIIO[LaSI'a'C~ convcyance, n~s,o~ u?c2it ~r otl~ci nct by tho ~Iort- = ~
guoor, sl~all Lccuuic ~ul?ject to tLc licu ul tLis :~IUI'~b:laC AS PUIIy un~l ;
complctcly, and ~vilt~ ilic sau~~ clTect, as tLou~L no~v owiic~! by tlic
~ ~ Illortg.~gor aiicl specilicully ~e~criLc:cl iii tLe gr.u~tiuo clause Leceof,
but ut auy aucl all tiuies tLc liort~agor ~~ill executc an~ Jelircr to tlie '
11lortaaacc any and ull sucL furllicr a~surauces, ii~orlgaacs, co»vcy- ~
uuccs or ussibnuicnts LLcrcot as tliu liurt~:igcc m.iy rcasoiiably rc~luiro ~
for tl~e puriwse of cxprc~siy an~l sPecitirally su~jecli~i~ tlie suii?e to
~ the licu of this Jtortoadc. '
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~ . SECTIO~ 1.07. (n) '1'1~C llorta:taol'~ from tinic to time ~cl~en tLc
~ ~ same sLall Leconie duc, ~?ill pay uncl discL.ir~c all tlxes of c~cry vind
F and nuture, all bener.il auJ spcci~l ussessments, le~•ies, permits, inspec-
~ tion aucl licensc lces, all ~~•ater .iu~l ae~rer rents ~nd c:har~es, auci all other
e puLlic cL.?rocs u•Lclhcr oi a likc or cliRcrc~it uaturc, iniposecl upou or
~ assessed against the ~Iorlaa~ecl Property or any part tlicreof or upou
~ . tLe re~ enues, rcnts, issucs, incoine ancl pcolits of the Jlortoage~l Propcrty
~ ~ oT Arisuio iii respect of tlic occupaucy, usc or possession tLcrcof. TLe
~ Diortbagor ill, upon tLe rcqiicst of tlic ~Iot tg.t~ec~ dclic cr to tho
~ ~LOrtalaCC i•cceipts evidencii~a tLc Paynicnt of all such t~ses, assess-
~ ments, levics, fees, rents ~nd otLcr public ~Larbes imposed upon or ~
~ Pcc~ccn~.i n~~iii~cf tl~n lfnpf~l~nrl I'rnj!~`i'tv Ql t~2C I'C~'.+.•,,:^3~ r~P.f~~ 1S°;:~~~ ;
income or profits tLereof. ~
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~ The Dlortaa~ee may, at its option, to be excrcised bp tl~irty (30) ~
~ days' tcritten noticc to the liortr:l°OT~~eqnire thc deposit b~ the ~iort- ~
~ gagor, at tl~c timc of cach Pasment of a~i iustalment of iutcrest or prin- .
~ cipal undcr tlic \otc, of an ac~~Iitional ainount suQicicnt to discliar~c
~ the obliaations undcr this subsection (a) ~~Lcu tLcy become due. The
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' *but only after the occurrence of an Event of Default,
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