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instituted,.shall be paid to Mortgagee by Mortgagor, on
demand, with interest at the then effective rate set forth
in the Note, and until paid they shall be deemed to be part
of the indebtedness evidenced by the Note and secured by ~ '
this Mortoaae.
29. Further Assurances. Mortgagor will execute
and deliver such urt er instruments and perform such
further acts as may be reasonably requested by Mortgagee
from time to time to confirm the provisions of this
Mortgage or the Note, to carry out more effectively the-
purposes of this Mortgage or the other documents securing
the Note, or to confirm -the priority of the lien created y
by this Mortgage on any property, rights or interest '
encumbered or intended to be encumbered by the lien of
this Mortgage or the other documents securing the Note.
30. Future Advances. This Mortgage shall secure
not only existing indebtedness, if any, but also any future
advances (whether such advances are obligatory or to be made
at the option of Mortgagee, or otherwise) made by Mortgagee
to Mortg agor at any time within twenty (20) years from the-
date hereof, to the same extent as if such future advances
were made on the date of execution of this Mortgage (although
there may be no advance made at the time of execution of
this Mortgage and although there may be no indebtedness _
outstanding at the time any advance is made); provided,
however, that, although the total amount of indebtedness
that'may be so secured may decrease or increase from time to
time the total unpaid balance of the indebtedness secured by
this Mortgage at any one time shall not exceed a maximum
principal amount equal to Thirty-Two Million ($32,000,000) {
Dollars, plus interest on such maximum principal amount and
any disbursements made for the payment of taxes, levies or
III insurance on the Mortgaged Property, with interest on such
disbursements.
31. Severability and Savings Clauses. (a) If
any provision of this Mortgage is held to be invalid or
unenforceable by a court of competent jurisdiction, the
other provisions of this Mortgage shall remain in full
force and effect and shall be liberally construed in favor
of Mortgagee in arder to effect the provisions of this
Mortgage.
(b) Notwithstanding any other provision of this
or any other document to the contrary, in no event shall the
rate of interest under the Note or this Mortgage exceed the
maximum rate of interest permitted to be charged by applic-.
able law and any interest paid in excess of the permitted '
rate shall be refunded to Mortgagor. Such refund shall be
made by application of the excessive amount of interest paid
against any sums outstanding under the Note or this Mortgage
or the Related Documents, and shall be applied in such order
as Mortgagee may determine. If the excessive amount of
interest paid exceeds the sums outstanding under the Note
or this Mortgage or the Related Documents, the portion
exceeding the said sums outstanding under the Note or this
Mortgage or the Related Documents shall be refunded in cash
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g~ 328 PEE 1157
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