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all reasonable amounts expended or incurred by them, respectively,
in connection with the performance of such work, and any excess
costs not thereby reimbursed to Mortgagee or such receiver shall
be paid by Mortgagor to Mortgagee or such receiver upon demand
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together with interest thereon at the Delinquency Rate from the ~
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date such amounts are advanced or expenses paid until the same are ~
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''i paid to Mortgagee or such receiver. ~
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(H) Ir. the ~ver~t thz Lease i$ terminated by reason of fire or ~
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I other casualty and except as otherwise specifically provided
herein, Mortgagee shall have the option, in its sole discretion,
to apply all or a portion of the Proceeds it may receive pursuant
to this Paragraph 28 to the restoration of the Real Estate and the ~
Equipment or to the payment of the Indebtedness as follows: first,
ta the payment of delinquency or "late" charges, if any; secondly,
to accrued and unpaid interest on the Indebtedness. thirdly, to
the reduction of the principal sum of the Indebtedness.
29. Financial Statements. (a) Mortgagor shall furnish to
Mortgagee,within one hundred twenty (120) days after the end of
each fiscal year of Mortgagor, a statement of prafit and loss
(i.e., an operating statement, including income from all sources)
with respect to the business operations of Mortgagor at the
Premises for such fiscal year and financial statements, prepared
by public accountant of recognized standing and reasonably
satisfactory to Mortgagee (the "Accountant") in accordance with
generally accepted accounting principles consistently applied.
In addition, Mortgagor shall furnish quarterly statements of profit
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