7.5. SR 07-15-2013 - Laserfiche WebLink

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terms of the Note, and (B) shall repay to the Mortgagee, its successors or assigns, at the times demanded and with interest thereon at the same rate specified in the Note, all sums advanced in protecting the lien of this Mortgage, in payment of taxes and special assessments on the Property, in payment of insurance premiums covering improvements thereon, in payment of principal and interest on prior liens, in payment of expenses and attorneys' fees herein provided for and all sums advanced for any other purpose authorized herein(the Note and all such sums, together with interest thereon, being collectively referred to as the "Indebtedness Secured Hereby"), and shall keep and perform all of the covenants and agreements in the Note, the Agreement, as amended, and herein contained, then this Mortgage shall become null and void and shall be released at Mortgagor's expense. AND IT IS FURTHER COVENANTED AND AGREED AS FOLLOWS: ARTICLE ONE GENERAL COVENANTS,AGREEMENTS,WARRANTIES SECTION 1.1: Payment of Indebtedness / Observance of Covenants. Mortgagor will duly and punctually pay or cause to be paid each and every installment of principal and interest on the Note and all other Indebtedness Secured Hereby, as and when the same shall become due, and shall duly and punctually perform and observe all of the covenants, agreements and provisions contained herein, in the Note, and any other instrument given as security for the payment of the Note. SECTION 1.2: Maintenance; Repairs. Mortgagor agrees that it will keep and maintain the Property in good repair and operating condition, free from any waste or misuse, and will comply with all requirements of law, municipal ordinances and regulations, restrictions and covenants affecting the Property and its use. Except for the improvements contemplated in the Agreement, Mortgagor agrees that without the prior consent of the Mortgagee it will not expand any improvements on the Property erect any new improvements or make any material alterations in any improvements which will affect the market value of the Property, and will complete within a reasonable time any buildings now or at any time in the process of erection on the Property. Mortgagor agrees not to acquiesce in any rezoning classification, modification or restriction affecting the Property. Mortgagor will not use or occupy the Property in any manner that violates any applicable laws, rules, regulations or orders with respect to the Property including but not limited to the Americans with Disabilities Act. SECTION 1.3: Payment of Operating Costs, Liens and Levies. Mortgagor agrees that it will pay all operating costs and expenses of the Property, keep the Property free from mechanic's, materialmen's and other liens, keep the Property free from levy, execution or attachment, and upon request will exhibit to Mortgagee satisfactory evidence of such payment and discharge. SECTION 1.4: Payment of Impositions. Mortgagor will pay when due and before any penalty all taxes, assessments, water charges, sewer charges and other fees, taxes, charges and assessments of every kind and nature whatsoever assessed or charged against or constituting a lien on the Property or any interest therein, or the Indebtedness Secured Hereby ("Impositions"), and will upon demand furnish to the Mortgagee proof of the payment of any such Impositions. In the event of a court decree or an enactment after the date hereof by any legislative authority of any law imposing upon a 171419v1 22