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protect their interests, including but not limited to disbursement
of attorneys' fees.
(b) If the Mortgagor fails to timely make any
paynieri~ LCtit111C11 uy .~7C1.'l.lUll 3, vi i:i~c 'rivii.yayC85 iii ~iir:ii 5vic
discretion conclude that such a failure is imminent, the Mortgagees
~ may make the payment.
(c) Any amounts disbursed by the Mortgagees under
Subsection .(a) or (b) shall be added to and become part of the
Indebtedness. Unless the riortgagor and the Mortgagee agree in
writing to other terms of payment, such amounts shall be immediately
due and payable, and shall bear interest from the date of di~burse-
ment at the rate stated in the Note.
(d) Nothing in this Section shall require the
Mortgagees to incur any expense or take any actions under this
Section.
7. Condemnation.
(a) T}~e Mortgagor shall promptly notify the
Mortgagees of any action or proceeding relating to the condemnation
or other taking, direct or indirect, of~ all or any part of the
Property, and the I-lortgagor and t4ortgagees shall jointly appear
in and defend any such action or proceeding. Any expenses of the
parties in doing so, including but not limited to fees of attorne~s,
engineers, and appraisers, shall be paid one-eighth by the Mortgagor
and seven-eighths by the Mortgagees.
(b) The proceeds of any award, payment or claim
~~~~ 349 P~~E 2~~5~