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<br /> , 's � ( 6) 'ThnC 1tt the e� enb any aw+u'do arc made �o the MorCgngocs or theli sucr.esso �s in lnt�reet tor tnk1 �6 or Annngtng
<br /> � ' by the exoroise of eminrnC doronln the whoie or- eny P�'t of tho m�rUqeReA premt .,RS OP ftlLV ehaement theretn , the �ata �� �
<br /> � �j awerds - a2•e herADY assta.Aed ta the . ;lortAaSee : the Mor[gagae Is hm•aDy authorlr..eA to cui� ect , recelve , snA recetpc ,
<br /> � Cheref0l� nnG t0� .npply Lho cnme In pnyment of : t+ny fnacotr.dnesa �, � matured or umm�turcA, sea�urA hy thl , r..artgsae . r.
<br /> �+ . . . . . � . , � .. � , i:
<br /> •� ta 4q ) . �nt Sn che e�ent Martgngora iloLs�iLe tn_che PnYment of snid princlp+l s�m, , iir af nny lnsiallnen[ cherooi , or % �
<br /> � 3� �. Ot anY�.-lnterest' thoreon , at the tlmo . when the� snme ehali br. due, �. er wlth re,sPeet to rmy covennnc or r,vndlClUII 21CM— , ` � t � '.,
<br /> ti l+ Ot, then, At the ' optSOn oi Mortgpgao , : tho ontire lndebCedness secured hAreby shail forthnith become m�e ena Daynble, � t
<br />'� � �R &hall hear interesl., nt , tha reco :ot ton pCrcont per nnnnm, a.�d che tUr[gagee msy im:neatntely forecioee chts nnrtgege {, ; y ,
<br /> t )! Or riursile� any dther a��ailablu legai teroedY . _ t1 ` • ��i<t '
<br /> ( 1t ( 8) 9'ha� in Lhu event action is brought to tareelose 'thYs mort6a8e , the tlartqaqee shn:l be entltled to lma:edlace I , ' , :
<br /> � , S� '. possessinn ot tne , mortgnged premises, nnd Lhu cuutt mqV, appoint a rer,elver to take ro5seasion of said prc^Sees•, v�ith { - ! � J,� � + y,
<br /> � ({ the us¢el porvers ot receivers 1n 11kc cases . ' ' � ' ' '' � � � ;
<br /> > >
<br /> ;�I( ( 9) Thet;fallure • or delay of. MOrtgaqee co exercYse aqy ot fts rtghts ar prlvilegea shali no� be construAd As n j f ' ' > '
<br /> �r5 ' Sj walve�: tflereof : ' tihat any 'act ot florLgaAec w9ivin8 anY speclYlc 4efault ot Nortgngors r,hnll hut be censtrued es � Y , : # ai
<br /> � t; - tival�Ar of anY �uture Gefaults : thaC ln cnse ot defeulc 1n cha p�+yment ot eny a+iorcfzsclon 1nsLallmenta or tneereec•, ; � ; ,
<br /> y % roC S11 ,c83C of :p�Yment by MOrtKt�ee; of eriy 1len; JudB�ent ; tax, tnsurence , cost or e!cpenae ; or ronts , tetis or ch2r8es; �� _� x
<br /> F � � -, � baiC N.oYCQagAe. shall have - the priylleae , wlthau� decinring the wpole indebteAnees due and P0.ynble , to torecicsa on ; � < ' � r` ,
<br /> � bcebupt Of strCh apeClfiC defAult for 5uch sums as are ln . default nnd suoh toreclosuro proceedinga maY be hnA . en1 x r , t �
<br /> ^ �� . � the"-�nnd desoelhea herein may be �� aold; sub� ec't to' 6he unpnl4 � indebtedness �. hereby � secm•ed , �end thts nnrEpn e shalt �' � y ' � � ` ��
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<br />. . i; , ; cuntinue a5,a 118n ror, anS';unPaln bala8ce . - � > �" ;
<br /> r � �ilj Ttiat the MartgaSee may ext'end and defer Lhe macurlty o [ ond tenew nnA renr!oCtlee caid indehtedness , release � * �' "
<br /> � �ro�h 11aC111ty anY P�'ty llable thereon . anA release f�`om che tlen hereot porttona ,of the propercy covei�ed herebS• ° r '
<br />� s �vithau't affeeci'ng the prlority hereot or cho llabllity uC MortgnBors or nny ocher qarty for the p�ymEnt nf sa2b r`, ; � +� ` �
<br /> ,� 1adeDtehness, all such extenstons; �etern:ents , rene�vsls , anA ronmortlzntlons to tie secnreS hereby . y ; � � " ` + �'
<br /> ;� �� ( li ) .^,cansfer oF�� 5ecu1'ltY .-- It ts eg1•eed beLHr.en che .porttes hePecq , thetr heSrs , leqai r2Pre5entatlaCs aitd assl�ts, '� t ` ' ' >;
<br /> th9t the 1nCet�ity nnd resFons1b111Ly ot Lhe Mort.qagorn constttutes n, part cf the canstderetlon tor the 'netn aecured l � a ,:
<br /> +' � .:, hereby , snd that ih the event che Nortgngors shail s�ll , trnnsfer, or i�unvey che �ropercy described heretn , the , ,' , � a
<br /> j; �� Mohtgagee . mry 'ac . its option declare ch@ entlra lndebtedness lmn�ltately dua and pqyabie nnA ray pcvaeed Sn tha en- :; , ' ,� 53� � �,
<br /> „ ; forCement oi Its rl(chts as on any other defeult in the ter,ns of the note and r�m•tgeqe . „ � � , r
<br /> y ;� ( i8) AsSlqnmenC : of PCOCeeds of Ylnecai Lease . Martgagors hereby trnnster , �et over , ond convey ca MortgaQee ell `i ` � t ' �
<br /> ,k rents . royalties, Uonuses , rsnd delqy moneys that T�sY ircm. Ciree tc time becore due and pnyablB under nny cl1 , gsa t ' ' >,Yza a
<br /> � or other mineral lease o't eriti� RSnd �mw exlsctng or that mey hereefter cone into existence , rovertnq tha above land ' w i
<br /> ` or aqV pRrt thereof . Ali such surns so 1•ecetved by tlurtgage? shali te et�plted to tne 1ndeCted�ess secured hereby: or �, ,r
<br /> � ,i Fnid yortga�Cee m�v at 7ts optlon Lurn over and deliver: to ifie tlarigaqorg ' ur r,T�eir successors- ln internst, aqy or all .;_ r
<br /> � ot �uch sums µ�tithout preJudice to any . of Mortgagee� s rlghts to take ond i�?tafn tutiire sums , azcd ryithcut pre�u�lce r• � y
<br /> `� to ac�y ot. lts other rlghts undor this inortgaga The iransfer and conveyance hereimdcr to Nortgagee ot.' sa�d rents ;s r s f �; :
<br /> `� �i Foyalties ; bonuses; ;And delay muneys sha11 Ue constn��t tu be a proviaicn Yor• cfie pqyrent or hednccton ot the . nort ,. .,
<br /> � `r debt; sub�ect co the nortv,aRee � s oP�lon as herelnbetore provided, irdePendent , oi the �corcqu8° llen on sald �el t , , y; � � �
<br /> � � yi i estete•. Upan PSYRent tn. tuli e[ the nortgnge Cebt nnd_the relea=e oC .this Rortgage of record . .thls comeyance shall !; i � . :
<br /> � 1 � beca�e lnoperat.lve flnd of.'no turther fott:e �. anC etfActs�� � �. . : �� ,
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<br /> (11'o!^ds and ��*uses herein , inclu3ing tDt ackne�y�iedFnent herec;; sha12 ba. coasiwed ns . in tFe singutnr cr {�lurnl � , ,, �
<br /> � { . n^.anDe�s ati ns aa5cuiiae ,� ,fe�nininE.� or neuter. kender ,. accerding � fo ?Ae contezt : l �� ; � � , '�
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