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<br /> p <r ( 6 ) Ttxat � in Ghe eve�t any ;awards ru^e made to the - Mortgagors� or L*�e1z� sucr,essors in Snterest . Sar t3kin�r oz^ Qamaging.
<br /> �F6���� � �" bY the axercise of�. eminent �:ciomaln �: the � �whole�. � or any � part . oY the mostgaged �. premises or any easement th�rein , ths said . � �
<br /> `�� s�'��`� P �wartls are heretry��� asslgned� to Che�. :Mortgagee the ;Nortgagee Ss : hei•Pby �. anthorized � to ��col�ler. t ,� receiva , �nn. �receipt . � i ����
<br /> ,�� .:. x therefor and to epply the same Sn . payment o2 any �i:�debtedness , matured or � unmstured �, � secured � :by thls� nortgage, . � � � r �
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<br /> �pS�� � f�7) ThaC ��in Ghe : evetat Mortgagors ��, defaUlt .,1n Lhe � payment ot. � said pr:tnclpal,� sum , � or of any 1nsr,allmenL . r.hereof , � �os � ��
<br /> �.w, � ;� of any Snterest Ghereon , aC the time when the same � � sha11 be �. due , or� � w7, th � respect� � Co � sny � covenant or � candition here- � � �a` � ;?
<br /> , , ,€ of , then , at the optla:l p7 Mortgagee ; the .entire Snciebtedness� secured � herebY srial2. � fortkwith bernme � due� and payable, ^�
<br /> r�r,�; sha12 bear Intarest at the.� default rate descrlbed � �ln seld note , and the Mortgagee may immediately f�reclnse tltis . � ^ �� � '�
<br /> ' �j mortgage or puraue� _any other ava11aU19 legai. remedy .� _ � � � � .� , ,�. ,"�� , • s ,p �
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<br /> � � :;Q ( 87 Tkiat ��.in che eve�iz actfon Ss braught to. Soreclose thls � mortga.ge �;� the � MortKagea� shall be � entitleS . � Co I.mmebla.Ce � .�: r � ` } � " i ' �'
<br /> �. �:� posses� lon . pP Che ��mor2.ga6ed: premises , andtha. court :may appolnt � receYver . ta �� tnke � possesslon ��aY sa? d p:emises , with k � �� � ��� � " '
<br /> -� ; Lhe usual povrers ot receivers Sn like cases . . �.� �� � � . . � � t � x ;. �`'�
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<br /> �y� ;�± �{ g ) Th.3t �,fal2ure :�or delay .: of Mortgagee 44 � � exerclse any oS � its rights or �5riv11eges snall � not be �� ec�nstrued��� as a � y , � ��.
<br /> �� I �ralver thereoS ; Gfiat any act aE Mtirtgagee walving � any specific �deTault of Mc�rtgagor� �ha13 not Ue conscrued ��as a �. ( � �'
<br /> ;� ,�; . g+alver oc �.ny . 2'uture lefaults ; thac .� in case . ol :.default � ln �.tRe � a menC: oP . any � amortizatlan 1nst211ments � �r. �Snterest �� + i
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<br /> or in case�. oS �� payment by ':�Mortgagee. of a,qy �lien , �udgment, tax�, Snsurance�, � cost � or er.pense , � or rerts ,: fees or. charges ; � . . � $ " ' � ,
<br /> ��, " said Nortge.�ee� Shall t3ave � th2 prlvilege �,�. w3thouG � declaring �thQ . who3e � lntl.ebtedness�.�due� � and paya*�1e �, ta� for�close on �'�; ` ,�'
<br /> �`" 4y account oS- such .s�eci2ie �deSault Yor such. sums as' � are . ln dafault. and� � s�ch S�oreclosure. proceeGlnqs. may ' be had and � � �� ���� � `3 ,° e -
<br /> J r �the lonfl descriDed herein . may be solcl , sub,7ect to �he unpald � indebtedness hereby secureQ , �. an�. thla martg�gr, eh311 " � +�'
<br /> � continue as n iien Sor ¢ny ��.unpaid b3lAnce , . . � � � � � � ��- �� �
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<br /> k,� ��( 1.p) 2hst ���the Hortgagee��. may extend�. �r.d deSer � the maturity. of. and renew sizd rs ¢martlze� � said Sntiehtedness ,. re.lease � �' °
<br /> ��% �from 112b111ty. any ��:prarty 11aDle . thereon . :�. antl � release � from the 11en � Aereol portion� ai the: . progerty r,overed 'hareoy , . � � � ` � '.� , ' '+ -" ���'
<br /> y+` wlttlaut aSfectln�; . Y.he E>rl�oriLy hereo2 or�. the 11ab111ty of Mortgagars � or any oLher party � Por ttie . pa,ymenT, �.ot sa1r1. - '
<br /> innebtedness , all such. extensions , de:erments , renewals , and reamorGizations So be secured hereDy. S , f ,
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<br /> �� ` . ( 11 ) Tranefer o2 Secvrity . �: I �. 1&� ¢greed between � the part2es. �hez•eto , their heirs , .�. 3egal � re};rresentatives � �nd a,slgns , � � , ��,
<br /> � ' that the 4ntegrlCy. � and respons1b11 ± ty �� of Lhe Mortga.gors constS. tute_^, a part of the consideratlon Sor Lhe note . secizc�ed . q � � ,r�i..
<br /> u ' tlereGy , . antl that in . U�e event � the Mortgagors shall sall , trr�nsfer, ar coavey � the proyerty ��esr.rlbeG hereln , � the ' � 8
<br /> ^�� � . M�rGgagee ��in3y .�:r, i ts opt;oc� declare. � the � entire indeDtedness� �}mmedlately due � and yayable and ma� procqe � 1.. t±ao . an- � y F �+', - ���; �.H
<br /> y! 3 � �fUrcemen.t:� oP iLs riPt�ts � us on any other default . in.� �he. terms oS the note and mortgage . � � ; � , , ' � : : . . ' .,; .� ����
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<br />�"�� ; { ( 1? j A��5�lgnment . oY Prcceeds� oi'� � Mlrletal Lease . Morf.gagors hereby . cransYe^ , set over�, aad �� r..onvey to t�ortgagee �. ai ,l. � � ` � �
<br />�xF� " f renSs , royalties�, � Uonuses , � and dalay moneys that may. from tlme to tlme bPcorne Aue snd pa,y�ble under <.ny o ± 1. , 6�.s . 4 � ���
<br /> "�� . nr . otber minera'_ �. lease. of � any klnd now exlsting or �h�t may hereaPrer come � inti� ex± ,^tence , covering the above l.and ' � �� �
<br />�'+�+ . or � o.��;{ part . t2ierepf�. . A11 such sums .so recelved by Mortgagee sna11 be applied to Y.h2 Inde� tedness secured hereb,y ; � or � � F , �,:
<br /> �� � c!�suchr£umqewimhout�� Sts optlon turn over and� dell��er to the Mort�agars �or tYie±r sur, cessors . 2n Sr�tarest , �a�,yor �.11 � r �, � � �'
<br /> � t � F�-^eJutlice to any of � Mortgagee s rights tn t�ce and ratuln future sums , im�+ wlthant �� pre� utllTe '
<br />�x � Lo� �any.� oT. �.lts � other righCs under this mortga.ge . Tt;e Cransfer� and conveysnce herei:ntler t� Mo;tgagee . �vf �ai�.. rer.ts , ��� .' "
<br /> �r roya,. t. ies , bcrmses , �.nd del�y . moneys shall Ue construed ta be ci provision Ynr the p:ymenr, or � recYuction � of � the m�rt- ' t � f.
<br />�� t. �Eage deb c , suh� ectto the Mortgagee � a r�ption as herelnpeSore provided , � !n�e;,endenc of the mertgage 11on can . sald real � ��. '
<br />� � estate .�. ilpon pnyment .in . full of � the mortNqBe� deGC areU the rel.ease cY� thls m�rtgaqe of record , � tri�.^ conveyance sh�ll ; � '� '
<br /> 9�� . � become � ir,operat3ve a.�d � of� no ZurCher force snd eSZec t . � � . - '
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