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immediately replaced with like property of at least equal value and utility, and this Mortgage becomes a valid first lien on such
<br />property, and (vi) shall not remove or permit removal from the Land of any buildings or other structures, nor do any act that would
<br />impair or lessen the value of the Mortgaged Property without the prior written consent of Mortgagee. Mortgagor covenants,
<br />warrants and represents that Mortgagor is in compliance with all present, and will promptly comply with all future laws, ordinances,
<br />rules and regulations of any governmental authority affecting the Mortgaged Property.
<br />10. Rieht of Morteaeee to Enter. Mortgagor will permit Mortgagee and its agent to enter and to authorize others to
<br />enter upon any or all of the Mortgaged Property, at any time and from time to time, to inspect the same, to perform or observe any
<br />covenant, conditions, or terms which Mortgagor shall fail to perform, meet or comply with, or for any other purpose in connection
<br />with the protection or preservation of Mortgagee's security, without thereby becoming liable to Mortgagor or any person in
<br />possession under Mortgagor. Mortgagee is under no obligation to exercise the rights permitted by this Section. If any such
<br />inspection is made during construction of the Mortgaged Property or thereafter, said inspection shall be strictly for the benefit of
<br />Mortgagee. Mortgagor hereby assumes all inspection responsibilities with respect to the construction, if any, of the Mortgaged
<br />Property.
<br />11. Prior Permitted Encumbrances. Mortgagor shall keep current and free from default all Prior Permitted
<br />Encumbrances.
<br />12. Uniform Commercial Code Security Interest. This Mortgage shall constitute a security agreement pursuant to
<br />the Uniform Commercial Code covering any of the items or types of property included as part of the Mortgaged Property that may
<br />be subject to a security interest pursuant to the Uniform Commercial Code, and Mortgagor hereby grants Mortgagee a security
<br />interest in such items or types of property. This Mortgage or a reproduction hereof, is sufficient as a fmancing statement and as a
<br />financing statement, it covers goods which are or are to become fixtures on the Land. The Mortgagor hereby authorizes the
<br />Mortgagee at any time and from time to time to file any initial fmancing statements, amendments thereto and continuation
<br />statements with or without the signature of the Mortgagor as authorized by applicable law, as applicable to all or part of the
<br />Mortgaged Property and/or the Mortgaged Property. Mortgagor shall pay all costs of filing such instruments. For purposes of such
<br />filings, the Mortgagor agrees to furnish any information requested by the Mortgagee promptly upon request by the Mortgagee. The
<br />Mortgagor also ratifies its authorization for the Mortgagee to have filed any like initial financing statements, amendments thereto
<br />and continuation statements, if filed prior to the date of this security instrument. The Mortgagor hereby irrevocably constitutes and
<br />appoints the Mortgagee and any officer or agent of the Mortgagee, with full power of substitution, as their true and lawful attorneys -
<br />in -fact with full irrevocable power and authority in the place and stead of the Mortgagor or in the Mortgagor's own names to
<br />execute in the Mortgagor's names any documents and otherwise to carry out the purposes of this Section 12, to the extent that the
<br />Mortgagor's authorization above is not sufficient. To the extent not permitted by law, the Mortgagor hereby ratifies all acts said
<br />attorneys -in -fact have lawfully done in the past or shall lawfully do or cause to be done in the future by virtue hereof. This power
<br />of attorney is coupled with an interest and shall be irrevocable.
<br />13. Condemnation. If all or any part of the Mortgaged Property is damaged, taken, or acquired, either temporarily
<br />or permanently, in any condemnation proceeding, or by exercise of the right of eminent domain, or by reason of sale under threat
<br />thereof, or in anticipation of the exercise of the right of condemnation or other eminent domain proceedings, the amount of any
<br />award or other payment for such taking, acquisition or damages made in consideration thereof, to the extent of the full amount of
<br />the remaining unpaid Indebtedness secured by this Mortgage, is hereby assigned to Mortgagee, who is empowered to collect and
<br />receive the same and to give proper receipts therefor in the names of Mortgagor and the same shall be paid forthwith to Mortgagee.
<br />Mortgagee at its option, may release any such award or monies so received or apply same in whole or in part, after the payment of
<br />all of its expenses, including costs and attorneys' fees, on account of the last maturing installments of the Indebtedness, irrespective
<br />of whether such installments are then due and payable. Mortgagor shall give written notice to Mortgagee immediately upon its
<br />receipt of notice of the institution of any condemnation proceeding or other eminent domain proceedings or negotiations with
<br />respect thereto.
<br />14. Subroeation. If Mortgagee pays any prior lien from the proceeds of the loan secured by this Mortgage, it shall
<br />be subrogated to the rights of the holder of such prior lien as fully as if such lien had been assigned to Mortgagee.
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