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18. Right o~f
Entr~ . Mortgagee and its agents shall
have the right~ to enter and inspect the Mortgaged Property at
all reasonable ~imes.
19. Books and Records. Mortgagor will keep and
maintain or will cause to be kept and maintained on a fiscal
year basis in accordance with generally accepted accounting
practices consistently applied proper and accurate books,
records and accounts reflecting all of the f inancial affairs of
Mortgagor and all items of income ar?d expense in connection
with the operation of the Mortgaged Property or in connection
with any services, equipment or furnishings provided in .
connection with the operation of the Mortgaged Property,
whether such income or expense alized by Mortgagor or by
any other person whatsoever ex p ng lessees unrelated to and
unaffiliated with Mortgagor who ve leased from Mortgagor
portions of the Mortgaged Proper~y for the purpose of occupying
the same. Mortgagee shall have ~Tie right from time to time at
all times during normal business hours to examine such books,
~ records and accounts at ~the office of the Mortgagor or other
person maintaining such books, records and accounts and to make
copies or extracts thereof as Mortgagee shall desire.
Mortgagor will furnish Mortgagee annually, within ninety (90)
days next following the -end of each fiscal year of Mortgagor,
with a comple te executed copy of an audited financial statement ~
prepared by a certified public accountant acceptable to
Mortgagee covering the operation of the Mortgaged Property for
such fiscal _year and containing a fully itemized statement of
prof it and loss and a balance sheet. The f iscal year of
Mortgagor present~ly runs from December 1 to November 30.and the
fiscal year of Mortgagor shall not be subseguently changed
without the prior consent of Mortgagee. Within ninety (90)
days after the end'~of each fiscal year of Mortgagor, Mortgagor
shall furnish to Mortgagee a certificate signed by a duly
authorized representative of Mortgagor certifying on the date
; thereof either that there does or does not exist an event which
; constitutes, or which upon notice or lapse of time or both
j would constitute, a default under the Note or this Mortgage and
f it- such event exists, the nature thereof and the period of time ;
~ it has existed. Mortgagor shall furnish to Mortgagee, within ~
~ ten (10) days after request, such further detailed information
~ covering the operation of the Mortgaged Property and the
financial affairs of Mortgagor, or any affiliate of Mortgagor,
as may be requested by Mortgagee.
20. Performance of Other ~greements. Mortgagor
shall observe and perform each and every term to be observed or
performed by Mortgagor pusuant to the terms of any agreement or
recorded instrument affecting or pertaining to the Mortgaged
Property.
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21. After the expiration of five (5) days after `
notice of default by Mortgagee in the case of any default which
~ can be cured by the payment of money (excepting payment of an f
~ installment of principal or interest for which no notice shall ~
be required) or expiration of ten (10) days after notice of
default from Mortgagee in case of any other default, provided
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