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8. Documentar and Other Stam s. If at any time
the United States, t o state in w c t e Mortgaged Property
is located or~any political subdivision thereof, or any
department or bureau of any of the foregoing shall require
documentary, revenue or other stamps on the Note secured
hereby or this Mortgage, Mortgagor on demand shall pay for
them with any interest or penalties payable thereon.
9. Other Taxes. If any law or ordinance now or
hereafter in effect imposes a tax directly or indirectly on
Mortgagee with respect to the Mortgaged Property, the value
of Mortgagor's equity therein, or the indebtedness evidenced
by the Note and secured by this Mortgage, Mortgagor shall -
promptly pay such tax. If Mortgagor fails to pay such tax
or if Mortgagor is not lawfully permitted to pay such. tax,
Mortgagee, at its election, shall have the right at any time
to give Mortgagor written notice declaring-that the principal
debt, with interest and other appropriate charges, shall be
due on a specified date not less than ninety (90) days there-
after; provided, however,. that such election shall be in-
effective if, prior to the specified date, Mortgagor lawfully
- pays the tax (in addition to all other payments required
hereunder) and agrees to pay the tax whenever it becomes -
due and payable thereaf ter, which agreement shall then
constitute a part of this Mortgage.
10. Security Agreement. This Mortgage constitutes _
a security agreement under the Uniform Commercial Code and
creates a security interest in alI that property (and the
proceeds thereof) included in the Mortgaged Property which
might otherwise be deemed "personal .property". Mortgagor ~
shall take all necessary action to maintain and preserve
the liens of this Mortgage with respect to such property,
including, ouz nvL iit~iited to, the executing, delivering,
filing, reffling, recording or re-recording of any financing
statements, continuation statements or other security
agreements, and the giving of such instruments of further
assurance as Mortgagee may from time to time request to
protect the lien of this Mortgage with respect to such
property. Without limiting the foregoing, Mortgagor hereby
irrevocably appoints Mortgagee attorney-in-fact for Mortgagor
to execute, deliver and file such instruments for and on
behalf of Mortgagor;. provided, however, that Mortgagee is
not under any duty to Mortgagor or any other person who is a
guarantor or otherwise liable on any instrument secured
hereby to protect, secure, perf ect or insure the lien of
this Mortgage or any of the other security agreements
referred to herein nor shall Mortgagee have an obligation
for, among other things-, the filing of any financial state-
ments under the Uniform Commercial Code. Notwithstanding '
any release of any or all of that property included in the.
f Mortgaged~Property which is deemed "real property", any
proceedings to foreclose this Mortgage or its satisfaction
of record, the terms hereof shall survive as a security
agreement with respect to the security interest created
hereby and referred to above until repayment or satisfac-
tion in full of the obligations of Mortgagor as are now or
hereafter evidenced by the Note. Mortgagor will pay or
cause to be paid all taxes and fees incident to any such
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gv<~328 P~~E~144
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