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enants and promises in the Note secured l~ereby, and any re-
newal, extension or modificatian thereof, and in this Nbrt-
gage expressed to be kept, performed and observed by and on
the part of Mortgagor, and without delay; and
2) If Mortgagor shall pay or cause to be paid to
Mortgagee the Participation at the time and in the manner set
forth in the Loan Agreement; and
3) If t4ortgagor shall pay or cause to be paid to t•fort-
gagee such future or additional advances as may be made by
the Mortgagee to the Mortgagor, provided that all those
advances are to be made within twenty (20) years from the
date of this Mortgage, or within such lesser period of time
as may be provided hereafter by law as a prerequisite for the'
sufficiency of actual notice or record notice of the optional
future or additional advances as against the rights of
creditors or subsequent purchasers for valuable considera-
tion. The total amount of indebtedness secured by this
Mortgage may decrease or increase from time to time, but the
total unpaid balance so secured at any one time shall not
exceed the maximum principal amount of NINL•' MILLION DOLLARS
(U.S. $9,000,000.00), plus interest, and any disbursements
made for the payment of taxes, levies or insurance on the
properties covered by the lien of this Mortgage, with
interest on those disbursements;
Then this Nbrtgage, and all the properties, interests and rights
hereby granted, bargained, sold, aliened, remised, released, con-
veyed, assigned, transferred, mortgaged, hypothecated, pledged,.
delivered, set over, warranted and confirmed, shall cease, deter-
mine and be void, but shall otherwise remain in full force and ef-
fect.
Article I
Particular Covenants of N',ortgagor
Mortgayor represents unto and covenants and agrees with
hbrtgagee tt-at:
Section 1.U1. Nlortgagor warrants that it is indefeas-
ibly seized with the absolute.and fee simple title in atid to the
lands and properties described in Exhibit "B"; that t•tortgagor's
title thereto is good and marketable; that it will own the person-
al property encumbered hereby free and clear of liens.and claims;
and hbrtgagor has full power and lawful authority to grant, bar-
gain, sell, convey, transfer and r.iortgage the sa~ne; and that it
shall be lawful at any time hereafter for Nf~rtgagee to peaceably
and quietly enter upon, have, hold and enjoy said properties, and
every part thereof; and that this t~lortgage is and will remain a
valid and enforceable first lien on the mortgaged properties un-
less otherwise hereinafter provided; and that said properties are
free and discharged from all liens, encumbrances, and claims of
any kind, including taxes and assessments (except current year
real estate taxes accrued but not yet due and payable and except
the Purchase Money Mortgage); and that hbrtgagor hereby fully
warrants the title to said properties unto Mortgagee, and will
defend the same against the lawful claims and demands of all
persons whomsoever. _
Section 1.02. Mortgagor will, at the cost of hSortgagor,
and without expense to Nbrtgagee, do, execute, acknowledge and de-
liver all and every such further acts, deed$, conveyances, mort-
gages, assig~nments, notices of assignment, transfers and assur-
ances as Mortgagee shall from time to tir.ie reyuire, for the better
assuring, conveying, assigning, transferring and confirming unto
Mortgagee the property and rights hereby conveyed or assigned or
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