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paid by Mortgagor hereunder or under any other instrument
securing the Note.
(b) If Mortgagor breaches any of the covenants, agree-
- ments and conditions of paragraph 1.08 of Article One
hereof. -
(c) Failure by Mortgagor to duly keep, perform and
observe any other covenant, condition or agreement in the
Note, this Mortgage, any other -instrument securing the Note
or any other instrument collateral to the Note or executed
in connection with the sums secured hereby for a period of
10 days after Mortgagee -gives written notice specifying the ~
breach.
(d) If either (A) Mortgagor, (i) files a voluntary
petition in bankruptcy, or (ii) is adjudicated as a bankrupt
or insolvent, or (iii)~files any petition or answer seeking
or acquiescing in any reorganization, management, composi-
tion, readjustment, liquidation, dissolution or similar
relief for itself under any law relating to bankruptcy,
insolvency or other relief for debtors, or (iv) seeks or
consents to or acquiesces in the appointment of any trustee,
receiver, master or liquidator of itself or of all or any
substantial part of the Mortgaged Property or of any .or all
of the rents, revenues, issues, earnings, profits or income
thereof; or (v) makes any general assignment for the benefit
of creditors; or (vi) makes an admission in writing of its
inability to pay its debts generally as they become. due; or
(B) a court of competent jurisdiction enters an order, -
judgment or decree approving a petition filed against
Mortgagor seeking any. reorganization,~arrangement, composi-
tion, readjustment, liquidation, dissolution or similar
relief under any present or future federal, state, or other
statute, law or regulation relating ~to.bankruptcy, in-
solvency or other relief for debtors, which order, judgment
or decree remains unvacated and unstayed for an aggregate of
thirty (30) days (whether or not consecutive) from the date
of entry thereof; or (C) any trustee, receiver or liquidator
of Mortgagor or of all or any substantial part of the
Mortgaged Property or of any or all of the rents, revenues,
issues, earnings, profits or income thereof, is appointed
withoutthe prior written consent of Mortgagee, which
appointment sfi all remain unvacated and unstayed for an
aggregate of thirty (30) days (whether or not consecutive).
(e) The entry by any court of .last resort of a deci-
sion that an undertaking by Mortgagor as herein provided•to
pay taxes, assessments, levies, liabilities, obligations and
encumbrances is legally inoperative or cannot be enforced,
or in the event of the passage of any law changing in any
way or respect the laws now in force for the taxation of
mortgages or debts secured thereby for any purpose, or the
manner of collection of any such taxes, so as to affect
. adversely this Mortgage or the indebtedness or other sums
secured hereby.
(f) Default by Mortgagor under any agreement or
obligation of Mortgagor (including, but. not limited to, any
~ other mortgage, security agreement or encumbrance upon any
portion of the Mortgaged Property, or any other documents or
instruments securing any other indebtedness of Mortgagor to
Mortgagee), if such default-is not cured within any grace
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MANONEY HADLOW b ADAM5,1401 AMERIFIRST BUILDING, MIAMI,~FLORIOA 33131 TEt..(305) 356-5550 ~