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N,ortgagor, the funds deposited with Mortgagee as aforementioned,
may be applied in payment of the charges for which such funds shall
have been deposited or to the payment of the Indebtedness or any ~
other charges affecting the security of Mortgagee, as Mortgagee
sees fit, but no such application shall be deemed to have been made
by operation of law or otherwise until actually make by Mortgagee
as herein provided. In the event payments are to be made pursuant
to t;is parayr~ph, Mortgagor shall furnish Mortgagee with bills
for the charges at least fifteen (15) days prior to the date such
charges first become payable.
; 27. This Mortgage may not be changed or terminate orally.
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The cavenants contained in this Mortgage shall run with the Lease
and bind Mvrtgagar, the heirs, personal representatives, successors
and assigns of Mortqagor and all subsequent owners, encumbxancers,
tenants and subtenants of the Premises and shall enure to the
benefit of Mortgagee, the personal representatives, successors and
assigns of Mortgagee and all subsequent holders of this Mortgage.
The word "Mortgagor" shall be construed as if it re3d "Mortgagors"
and the word "Mortgagee" shall be construed as if it read
"Mortgagee" whenever the sense of this Mortgage so requires. If
Mortgagor consists of two or more parties, the liability of such
parties shall be joint and several.
28. (a) To the extent that the proceeds of any insurance paid
on account of any damage or destruction to the Real Estate and/ar
the Equipment or any part thereof, shall be payable to Mortgagor
in accordance with the terms of the Lease, same shall be delivered
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