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<br /> ' ( g ) T1mC �1n ttie � event any a•r+ards ere . made to the Hortqagors o[• thelr success,rs 1r lntereet Lor Cakl�iq or Oru�aqltig ' �,� � . . . � . �
<br /> � Ey �. the exerclse of e�inenc domalli Che whole or � any ➢��'C of .[he mortgxged premlces a� any easement .therein , che sain � � �
<br /> � awrs�s are herebp asslgned .to Lhe t1ortgrt8ee ; the Horcg�gee Is hereby authorl2ed to col ' ect, ;•ecelve , r,nd recelDt � �; � . � �
<br /> c4eretor�. and Lo app'_y � the �s�ne . Sn � payment of � eny lydehcednees , mncured or u[;matured , seew�ed by . thls mortgsge . � .� . � .
<br /> ;� � � ( ? j � 'fhst � ln the evenC. Hurtgagors detault �� lri Che payment � of sald principal swn , or ot any Sr.sCallment Lhereof , � or . .
<br /> � of �ny ]nterest therson , � ac che � tir�� �+'hen .the samz stial! be due , or nith respect t�� any co��enenc m• condlcian here- y �� � ..
<br /> '; � ot , then , at the. optlen of. tiort�gagee , � 6he er.tlre Sndzbteaness � secured hereby shall fcr[hwlth become due and payaUle , . . � .
<br /> ; � sha11 bear inte;est � at [he � rate of .ten percent per annum, � xnd . che Mortgugee ;n3y fmmedlntely foreclose thls mortgage � � �
<br /> (� :f . � or pursue +�iy other svatlaUle � legal � remedy . � . . -i � �
<br /> � 1 �j ( @ ) That � ln the event acWon Ss . brought �to Ioreclose . [hls mortgage , the Hortgagee : shall be e�citled to tm�nedlate �
<br /> � �; � possesslen of �. the mort6gged premises , . sntl ttte court � may. appoint � a �receiver . to take possesslon of sald premises , wl [h � . �
<br /> � .the usual .po��ers. ol receiver� i❑ 1 ?ke caSes . � � � . �
<br /> �, � (g ) : That fallure or �cielay of � Mortgagee to � exercfse any of . Sts rlghts or Prlvileges shall not De . construed as a ' ��,� - � �
<br /> . wfliver thereof ; Ctst ary acc � of M:rtg3gee �valving any speclfic default . of MorCgagors shall not be construed � 25 x � � � � .
<br /> . ;i � . �ssiver of any � future � defaults ; chec � ln case � oi � �ef¢ult Sn the � psyment of any amorL12at1on �Snstallmenta or lnter=sc �
<br /> - �. . � or -ln case ot Fayment by Norcgagee of � any lien , �utlgrt:ene, tax , Snsurance , cost or expense, or rents , fees or charges � � . �
<br /> � sa1tl t3orcgager ��shall� hsve che privl2ege �, nithcut � declaring che . who!e indebtedr.ess . due end� payable , to � :oreclose en � � �� � �
<br /> c �� �. aceount of � sueh speclfic defaulc tar such - sums as ure � ln detault . and such Ioreclosure � proceedings may be � had . and � �
<br /> the - ?and . Qescr±bed here ±n msy be �� sold , ;uUJect to che unpald Indebtedness hereby secured , and thls mortgage shall � �. � �
<br /> � co�tlnue as� �e 11en� Yor. nry unpa!d bsl!ance . . � � � � �
<br /> � � � ( 10) .Thac � the Hortgagee aiay � extend and� defe^ the nacurlty o ! and �renew and reamortl2e �. said Sndebtedness , � releflse ; .
<br /> ' trem llab111ty any�. party � �li<eylz LY,erzon , and � release trcm the 11en hereof portlons ci ihe preperty eovered hereby � � - � �
<br /> � r+ithouc a�teccing the gr±ority hereof o: :he S1ab113Cy of . Hortgagors or any ocher party for the paymenC� of seid �
<br /> !n�e�cedness , all � such er.tenslons , de.^_rri=ncs , r•enewals , and r^e.^�orclzacicns to be seeuretl Cereby . � �
<br /> � ( Si ) 2'ransfer of Security . Ic ! s a�eed peCNeen !he partles �hereco , chelr helrs , 1Cgd1 PBpfe5�RC8t1VBS and assl�s , i '
<br /> thet [he !l1CP,g?'ICV g•^.d respons1�111ty ef the Hor[qagocs conscltutes a psrt olthe consideratlon fer the r.ote secured
<br /> , ;. here4y , xnd thac Sn the event che !^,ortgegers �ha11 sell , trenster , or cor.vey the property descrl0ea hereln , the � !,. �
<br /> � ; Mort;;agee may ac . its optlon declure che e!it ±:a SnGebtedness lr�vediately Cue end payaDle zr,d nay proceed Sn the en-
<br /> -� . forcemenc of : lts rlghts es on any other default Sn the terms of the no:e and norcgage . � �
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<br /> ( 12) Asslg�.�ent . ol Proceeds o1 tt!neral Lesse . Mortgagors hereby transfer , set over , and convey Co� Mortgagee all � ;; �
<br /> � rents , ;oyaltles , . bonuses , and deley noneys tha[ ^�sy from tlme to [ i�e becoTe due 2nd pflyable uader zny ol1 , �es
<br /> or ocher min=ral� !ease of any Rird noM exlscing or chat may hereatter co�e ir,co es? ster.ce , covering the abo�+e land ! ; � �
<br />� � r.^ sr.y. per[ t�"reo' . „t: such �surs so :eceived by `:ortgag>e shal'_ �e epplled to che ir:bebtedness secured herehy ;. or � � . � .�
<br /> - sald Mortgagee. r�ay et Sts at�Clor. CIL^R OVE^ snd del !ver to the Mortg�gors or thelr successors Sn Snteresc . 2.qyor all ! z: �� � � .
<br /> o: such sa�ns �e± thout pre�u^Sce te HLy' OI ISO?'Lp3$82 � 5 rlghts ta [2ke and reTeln tuture� sums , � entl v;lthout preJudice �
<br /> to any�� ot its nr.her r; ghcs u�Cer thls �r.�rt�age . The transler and conveyence hereunder [o Hortgagea ot sald rents �` ' � �
<br /> roya1t1e5�, benuses , �,�C dzlay :neneys sh211 te censtrued to be a prcvlslon for Lhe payc�ent or reductSen of the mort- � � �
<br /> � g�.3e deSC , sub� eccto the Mortsagee � s oF�ion as hereinbetore provlded , Sndependen[ ot the mortgage ?len on ssld real �
<br /> : . estace . Upon peyaer.0 Sn tull � eS ±hE 791Z:6*3ge d�G[ 3n� the ^elease ot thls norcgage oi record , thSs conveyance shall � ., .
<br /> � � beco:�e ±noperath�e a�d of no turther force �.nd e.fecc, .
<br /> `� (Vord< ar3 rhrases 't.erein , ir.cl� ir.g .h.e acknP.�led��ent he +eof, sM t ? be construed as in the sir.gsclar or ,� iura � � � �
<br /> n2asbers er,d as z�sculine , fezin:rz , or nzuter ��rder, accordir.g :o tAz context . ) � � .
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<br /> � { � , � _ �, , Frederic M. 'diseman .
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<br /> �% Jane E. ' Wiseman 3
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<br /> ; � th± s 31 �Ey .� t lanuarv , „ . � . , +_377 , oetcr� r;e , a t:otzry Pub11c !n 3^.^ for sald County nnd � �
<br /> state . Fersoaaily ayFeerec Frederic M. ldiseman and Jane E Wiseman , �sband and wife , � :
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