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(a) if defni~lt shnll be mnde in tho duo observancc+ or rerform-
anco of any oth~~r co~•culnt ar condition on iLe Pnrt of tho ~tort-
gagor in tlw \Totc oF in this ~f~rt,a~e cont.~iric~i, nncl s~~ch defni~lt
shnll Ln~o conti~iucd for a~~eriod oC tliirt~ (.^•0) days nfter ~critten
notice s~~ecifyin~ such clel'ault and dcinalll(~Illa tli;tt iLo snmc Le
• rcmeclicd sLnll l~avo Lcen gi~ en to tLe ~Iortgaaor by tLo ~tort-
gagee; or ,
-(d) ii by tl~o order ~f a court of comnet~nt jnrisdiction, a
trustee~ recei~•rr or li~~ai~l:~tor of tlie \tort~;:~~;ecl Pro1~crty or nny
part thcrcof, ar of tLo :\lort~a~;or sl~~ill bc ~poi~~ted ~ind sucli
ordcr sliull not Uc cliscLuroccl or cl~snus:;cd witlun eixty (GO) duys .
uftcr sucL upl~oiutmcnt; or
(e) if tl~e \iort~a~or sl~all filo a F^tition in bnnkrn~tcy or f~r
au t?rrungen?ci~t or for rcor~anixation Inirsuunt to tlie l~'cdcrul
~ Banl:rui~tc~• Act or uny siinilar I:ic~, fcJcr:il or stafc, or if, by
decrce of n conrt of com~~etrnt juri~cliclion, tl~e ~fortsa~or shall be
ndjudicated a L:~nkrupt, or be clccl:ire~l ii~~ol~ent, or sL.ill m:ike nn
assiaiwient for t~e bcnelit of creditors, or sLull udmit iu tivriting
; . its ii~sbility to i~ay its dcbts rcucrally .~y thcy becomc duc, or sliail
~ consent to tLe .~i~~~oiutmcvit ol' 1 receiver or receivers oF ull or uny '
~ purt of thc llortoaacd 1'ropcrty; or
~ . . .
; (f) if any of tlie creditors of thc ~fort~l~or sball filc a pctition
~ in b:?ul;ruptcy aa:iinst tlie \[ort~~~or or for reor~anization of tlie
p Morl~aoor pursuant to the I~'cdcral 13ankrui~tcy Act ar any similar
~ ~ la~v, fcilcr;~l or st:itc, znd if such pctition ~Icill not be discl~:ir~cd or
; disnusscd witLin sisty (GO) days ufter tLo duto on ~vluch snch
~ petition ~~as filed; or
;t
~ ,(g) if fin.il jtid;ment for tl~e payment of moncy sl~all bo
~ rendcrc~l against thc ~Iort~a~or ~nd U~c ~iort~a~or shall not
~ ~ discLar~e tLe same or cli~se it to l~e disctisrsed ~ithin sisty (GO)
~ days from thc entrs tLcrcof, or shall not aPpeal thcrefrom or
~ from thc order, decrcc or process upon ~rhich or pttrsnant to
~ which said jnclament ~ as granted, based or entered, and secure •
a st:?y of esecuf,ion pending such appeal; or . ~
~ ~
~ (L) if it shall be ille,al for the ~iortna~or to pay unp tat . f
refcrred to in Seciion 1.t~3 Lercoi or it the P1~-ment of such tas by ~
~ the Diortaa~or Rould result in thc ~~iolstion oi the nsury laws of .
- . the state in wLicL tLe Premises aro located; or .
~ -
- (i) if GOREDCO sells, assigns, transfers, pledges,
encumbers or otherwise dispose of all or any part of
- its interest in Mortgagor; or
(j) if the Mortgagor defaults in any of its obligations
or representations which are set forth in Commitment
~ dated November S, 1973, issued by the Mortgagee to the
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