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(a) Mortgagor shall-comply with all of
the terms and provisions of the applicable Condominium Law
("Act") and the Declarations of Condominium, Articles of
Incorporation and By-Laws of the Condominium Ascociaticns, -
Rules and Regulations and all other Condominium Documents.
(b) Mortgagor shall pay before they shall
become .delinquent, all assessments for common expenses -
assessed against the Mortgaged Property and promptly furnish
Mortgagee with receipts evidencing such payment. Upon the
failure of Mortgagor to pay an assessment for common expenses,
Mortgagee, at its election and without notice to Mortgagor,
may pay such assessment without prejudice to any of Mort-
gagee's rights or remedies available hereunder or otherwise,
at law or equity. All such sums, as well as costs, so paid
by Mortgagee shall be payable by Mortgagor to Mortgagee,
immediately and without demand, shall_be secured hereby and $
shall bear interest thereon at a rate which shall be four
(4$) percent higher than the then effective rate specified by
the Note from the date of payment by Mortgagee until the date
of repayment by Mortgagor. The production of a receipt by ~
Mortg agee shall be conclusive proof of the making of a '
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payment authorized hereby, as well as the amount and validity }
thereof.
(c) Mortgagor shall not change or permit
a change to be made in the percentages of ownership in
the common elements pertaining to the units in the Condo-
. miniums set forth in the Declarations of Condominium, nor
remove or permit the removal of the Condominiums or either of
them from the provisions of the Act without -the prior written
consent of Mortgagee. Mortgagor shall not ~ vote to .amend the
Condominium Documents without the prior written consent of
Mortgagee. In the event. of partial damage to or destruction
I of a condominium building or buildings or of a total or ~
E partial taking by condemnation, Mortgagor shall not vote t
against restoration of the condominium building or buildings
without the prior written consent of Mortgagee.
(d) Mortgagor hereby assigns to Mortgagee ~
all sums distributable to Mortgagor in connection with the ~
Condominiums, including, without limitation, any condemna-
tion and casualty insurance proceeds.
28. Counsel Fees. If Mortgagee becomes a party-
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to any suit or proceeding affecting the Mortgaged Property -
or title thereto, the lien created by this Mortgage or
,Mortgagee's interest therein, or if Mortgagee has engaged -
counsel to prepare or review the Note, this Mortgage or any
other documents securing the Note as a condition precedent -
to the granting of the loan evidenced by the Note (and any
modifications of any of said. documents) and whose fees and
costs Mortgagor has agreed to pay as a condition of Mort-
gagee's commitment to make this loan, or if Mortgagee engages
counsel to collect any of the indebtedness or to enforce
performance of the agreements, conditions, covenants, pro-
visions or stipulations of this Mortgage or the Note, Mort-
gagee's costs, expenses and reasonable counsel fee s_ through
and including all appellate levels, whether or not suit is
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-20- aoo°K3~ PacE1156
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