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HomeMy WebLinkAbout0545 ~ ~ . . . • . ~ 6 BEOTION 1.05. ThQ Diort~ngor, if a corporntion, will, so long as , • it is o~vncr of tLc Tfurt;;a~cd Propcrtp, do ~11 tliings ncccssnry to pro- aerve ui~d )ccep in full forcQ und cl~ect its existe~ice, frunchises, rifihts . ~and pri~ilc~es us a business or staclc corporntioti under tt~e la~ve of ~ the stutc of its incori~oration und will comply ~r•itL all regulations, ~ rulea, ordin~nces, stntutes, orders nnd decrees of any governmentul sutl~ority ~ or court ~pplic.lble to tLo Dlortbuoor or to the ~iorts~~~a Propcrt~ or aiiy part thercof. SECTION 1.OG. All rigl~t, titlc and interest of the Dlortgagor in and ~ to all e~tcnsions, imProvements, bettenncnts, renc~rlls, substitutes nnd ~ replaccme~its of, nnd all additions and appnrtenances to, the lliort- - gaged Property, licrcafter ncquired by, or relclsed to, the 1lfort~a~or or constructed, ussembiccl or pluced bp the Dfort~~,or on the Premises, ` and nll con~ ersions of the security constituted tl~crebs, inLnediately ; . upon sucl~ acquisition, relcasc, construction, assembling, placcment or ~ eon~er. io~?, as the casc may be, ~uci in each sucl~ casc, ~ithout any ~ , fnrther niort~aoe, concerance, assi;nment or other zct br the ~fort- ~ Sagor, sL:ill bccomc suUject to thc li~ii of tl~is ;~iort~abe as fully aud ~ completcls, and «•itli iLe same effect, as thou,h no~~~ o~cned bs fhe ~ ~ Diort~loor a~id specifically describecl in tbe grantina clause hereof, ~ Lut ~t ans ancl all iimes tl:c ~iort~a~or ~~•ill eaccutc and deli~er to 1Le ~ '~ort~asee uns und nll such furtLer assurnnces, mortaa~es, convey- ~ tmces or 15si;;nments ilici•cof ~s tlie ~~ortha~ce m:tF reasonabls reqnire { for tlie purpose of espressl~ a~:d sPecificall~ subjec~i»a the same to ~ the lien of this ~fortg~sc. ~ - ~ $ECrio` I.U7. (a} Tlie \lorr~;a~or, from timc to timc tcl~en tl~e ~ ~ ~ same shall become ~iue, .u~d, durin~ tlie Construction Period as soon as ~ the same become lic~ts ~~•uctiier or uot ilieu ~lue ancl parlble, ~cill Pa~ and discharbe all tases of ever~~ kind ar.d nature, all beneral aud special ~ " assessments, le~ics, permifs, inspcction avd license fces, all ~vater and ' ~ sewer rents and ci~arocs, and all other public char~e~ ~shether of a li::e or diffcrent nature, im~ased upon or asscssed against the ,lTortgaged ~ Propertp or ar.y part tl~ercof or upon the re~enues, rents, issues, income ~ ,j~-; ' nnd profits of the ~ fortb: ~ed Property or arisin~ in respect of the occu- ~ : pancy, nse or possession tLcreof. TI~c ~fortgagor will, upon tho re- ~ :y ~ _ , :~3 - : r s 224 ~a~E" 544 . :i'F~.i ~ , ~ ~,t'<.Y . ~a ~ ~ _ _ . . , r . a,"~~;`.