|
�, -
<br /> , - s:
<br />� . : �
<br /> _ � �: :.,;�.,�,
<br /> � . , t
<br /> - - -� - -� ,�..� � _ �: . _ -- - _
<br /> �.
<br /> _ . �
<br /> .. .,..z .. _... . _ _. ,.. . . . _ . . . _. , . . ._ . .._ _.. .. . , ._ . . .�,
<br /> pt
<br /> � . ( gj That ' Sn the : event any awards are made to . the Mortgagors or thelr successors Sn Snterest for taking or damaging ,�
<br /> �. � . �; � by the exercise of eminent� domain .the whole or anY - part of the mortgaged premises or any easement therein , the said t,
<br /> � ii � �awards ' .are hereby� �� assigned �. to " thQ � Mortgagce ; �� the Mortgagee is hereby auGhorized to collect , receive , and receipt
<br /> � ���� ,, - therelor � and to apply- the same. � in payment of any �� indebtedness , matured or urunatured , �secured by this mortaage .� � ;f
<br /> . �� �� ( ry) That � ln the ' event Mortgagors deSault � in the ��,payment � of said principal sum , or oY any lnstallment thereoS , or �`
<br /> � ��; oS�. azyy Snterest thereon , at . the time when: the same shall be � due , or with respect to any covenant or condiClon here- �. I,,
<br /> ��. 3� oi, then , at� the option of Mortgagee ,' the entlre lndebtedness secured herebY shall forthwith become due � and payable ,
<br /> (! sYiall bear Interest at the.. default rate described Sn said note , and the Mortgagee may immedlately Soreclose this � ;z ,
<br /> ] � � mortgage or�� pursue� sny other avallable legal.. remedY . � . � � � �� . � . � � . - �. . � 1; �
<br /> I �� j� �
<br /> a4 (.g ) That 1n the event action Ss brought to � foreclose this mortgage�, the� Mortgagee shall be entiGled � to lmmedlate . � �
<br /> ' poSsession o2 the mortgaged � premises , anfl the court may appolnt a receiver � tp take possession of sald premises , wlth . kK t
<br /> � �.� l� . � the usual." powers �. of� receivers � Sn llke cases . � � � � � � . � � . � : � � � , ��P �
<br /> � � . : P :'. . " � � . .` � � . . � � . . � �. ' . . � � . +
<br /> . { { 9 ) That � � fallure � or Qelay � ol Mortgagee to � exerclse� any. of Sts �rlghts or � privlleges . shall not be construed �� as a j�
<br /> -.S� waiver L�terepf ; that any aCt of Mortgagee � walving �any speciilc delault .of Mortgagors. shall not be: construed. as a
<br /> waiver ol�� any futqre deiau2ts ; � that in case oS � default ln the � payment ol �.any �amortization � installments � or Snterest , ���.�; 4". �
<br /> .. �3 or�� in case �of payment � by Mortgagee of � aryy� llen , �Judgment , tax , S�nsurance , cost or expense , or � rents , .� iees or. charges , ��
<br /> � j sald Mortgagee '� �shall have the prlvilege , without �declaring the �whole . inQebtedness due an.d' P8Y8ble , � . to Yoreclose on
<br /> � � account of �such � speolfic � default for such ��sums as� are in � default . and such � foreclosure proceedings � may be had and �,�
<br /> r r, � � �� � the land � described � hereim may be � sold , � sub,]�ect �to the unpaid �indebtedness hereby secured , � and Lhis� . mortgage � shall �,
<br /> : � � contlnue � as a lien ior any unpald balance . � � �� �
<br /> � ���€i �� (.10 ) That �� the Mortgagee may � extend and defer � the � maGurity of and renew . and reamortize said Sndebtedness�, release � �C� �� ' �
<br /> ` � Yrom liabillty � ex�g� party�� liable thereon , � and release from the lien hereoi . portlons oT trie properCy covered hereby . ��{� � � � ' �
<br /> ; ,��� �wlthout - aiie:cting � the priority hereof or the 1labiiity of Mortgagors . or any � other party for the. payment oI sa1d �. � � ' �
<br /> . �� f� � Sndebtedness ; all such extensions., deferments�, renewals , and reamortlzatlons to be secured hereby . . . � ��
<br /> ;�
<br /> � � jl, � ( �11 ) Transfer of Securlty . � It Ss agreed between Lhe parties �hereto. , thelr heirs , legal representatives and asslgns , i1
<br /> + � � .tC 41�at the � �lntegrlty and � responslbllity. of . the Mortgagors constitutes a part of the consideration �ior the note secured „ ,H
<br /> � f � � j; hereby , . and that ln Che event the Mortgagors shall se11 , transfer , or convey the property deacr2bed hereln , � the I ' r
<br /> Mortgagee may. at its optlon � declare the entire indebtedness immediately due and payable and may proceeQ Sn the� en- � M9
<br /> ' � � a� torcement of its rights as on anY other� default Sn the terms oP the note and mortgage . . � � � � � � � . . .,
<br /> 7 � . . . . . . . . . . � . � �' ;
<br /> , �.;4] ( 12) Asslgnmenti oS Proceeds of Mineral Lease . Mortgagors hereby transfer , set over , and convey to Mortgagee � all � iE ^
<br /> � rents , royalties , bonuses , and delay moneys that � may from time to tlme become due and . payable . un der any oil , gas , }
<br /> 3� � or other � mineral lease of � any k1n� now � existing or that may hereafter come into exlstence , coverLng the above land �� ,
<br /> ' � � ;� �or any. . parC � thereof . A11 such sums .so recelved by Mortgagee shall be applleS to the Sndebtedness secured hereby ; or ;; �
<br /> - � . sa1d �� Mortgagee may aC lts optlon turn over and deliver to the Mortgagors or thelr successors in interest ,�. any or all � �
<br /> � oS� �such �� sums withouti pre� udlce to any o2 Mortgagee � s c• Sghts to take and rets. in future sums , and without � pre�udice ��. �
<br /> �i • � . to � a�yy. oS its other rSghts under thi.s mortgage . The transfer and conveyance hereunder to Mortgagee � of said. rents , � �
<br /> � ��� � � royalCles; bonuses ,� and delsy �moneys shall De cor,strued � to be a Frovislon Sor the payment or reduction � of the mort- �, +�
<br /> � k4 � ` . gage� debt �, sub� ect to the Nortgagee � s optlon as hereinbefore provided , Sndependent of the mortgage lien on said real � 4F
<br /> ' f .:� estate . Upon pa ent Sn full � oi trie mort a e debt and the release of thls mort a e oS record , this conve ance � shall
<br /> r, � Ym B 6 6B Y . { ; . ..
<br /> . ,� � beeome inoperative and oi no iurtrier force anQ eSfect . � � � � .� . , a� ' :
<br /> �� �� � � � .. . . . �
<br /> � . '.
<br /> � : yE (h'ords a+�d � �hrases � herein, inclvding the acknowledgment hereof , shall be construed as in the singular � or � ¢ lural � �� B
<br /> .,.� +� � � manbeTs and as +nasculirxe , feminine , or neuter gender , according to the context . ) . � ��
<br /> ;: . . . � . � � (/ ` � �
<br /> . .�i . . . . . ( SEAL ) `^- �l . rii 8Tntz� � 9EAL ) � �� ; ,
<br /> F � v_
<br /> � � � � b� �
<br /> ' � `" � � ( SEAL ) ( SEAL � �� } �
<br /> :...G� . . . . . . � .
<br /> �}
<br /> 1
<br /> ,�' . . . � � . � ( SEAL ) . � SEAL � . . :�I
<br /> y �
<br /> � �P �l
<br /> ? : � �€ � � � � � ( SEAL ) I SEAL ) .
<br /> �;
<br /> . �iY � _ . . ,P� . � � j�
<br /> �� f� . STATE OF .L� c�'. 6 �'{�,S,��r � . . . ql
<br /> ;i
<br /> . . �s � � � 1� ss . � R
<br /> t� . CDUNTY OF ! � �� �� �.
<br /> � s;
<br /> /7 �
<br /> �. ��{ � Qn � this �day oi /"�`�'�'Ufr , A . D . , 19 ��, beSore me , a Notary Pub11c in and for sald County and� � � E�
<br /> Jr � � � 1�
<br /> �C Fern Jantzi (also known as Fern L . Jantzi ) , single , }
<br /> � State , personally appeared
<br /> zf � Pi
<br /> � � � �
<br /> �� i� �
<br /> t°
<br /> �� , ,!
<br /> ��; Co me known tobe the Persons nameci in and who executed trie foregoing Snstrument , and acknowledged Lhat they executed � ?�
<br /> : ��a�, . . �the same . as thelr voluntary act and deed . � . `
<br /> :i
<br /> ' P� J. VYEITZEL � "
<br /> , y � ) //
<br /> .,: � M3' Comm1S5 n exp � N . .:a$���UtX� ��� , / r::--s,,,�.C�' �--/. �'/Z ..'��r�i���.�t�'� � "�
<br /> p _,,,,..�_. y Y C011MIipIp(1 Eltpkl�T � ��-' ,;. /? <' 4� c�. l�+k-"/ / 2 C /� � C�
<br /> �� fi . MARCH $, 9979 � lType or print�eme under s �iqnature7 � . . �
<br /> .� t� � . . . � � . � Notary Public Sn and Por said Co�nty and State . �(
<br /> .._..:. . , _. .�.:. �. _ . ,.., - - .. .. ._ _ .,;. , .. . . ..._ . , . .._. ...... ._ ..._.. . . . ..
<br /> ,.- _ . _ _.:, .: . _� .. . . . . ._: .. .. _. , _.., . ,�t_ .
<br /> .,,�� .:-.- �... . _ -:� . ._. . -
<br /> � o . . .. ---- N Q --.�� ....W.._`_�__.�___,__•_.. "�
<br /> , 1
<br /> 3 � �' � � � � , 'tl `� m � �
<br /> k
<br /> � .� � .. � . � ..�1' � � . � m � E lt . .
<br /> � �S . , . � � � � � . � � ( { . .
<br /> . I� � W . � C� -
<br /> { �
<br /> � ' � !
<br /> � : d� ' b �. . � . Y F. O� .i Y +� �� . . . .
<br /> � N � � � � a'C.� O y O
<br /> ' PA
<br /> f� `
<br /> i �l � W .. � � � °�' � � � � � W a� � P
<br /> '� � 1g C Q1 • i� . �? � � � cd N � . 1 :
<br /> :,i# . M- . . Q � � �. . a (d JC� .O , li rd � . evi � G 00 a � 1� ' `�r,
<br /> �i i� tl! . �. � ( 3~ � �. �..:� z � YIiG✓� . 3 . � �� 9 . LJ� � � :Q � j�'w � �nkfl K.�
<br /> � . { � S S ` .. � � O p � as a� . ' �rR � ,
<br /> � y� `' y� L] � F. e. b i � '� Y ,
<br /> r y . ' L . � t 11 A Y fi u r ('f . �� �.�.�. . . � .
<br /> , �] O � � �. � E s . je . �o " c . A i: M3� `
<br /> � � � � � o . �" o � w � . ��� � ,�. .
<br /> a (�
<br /> .�` i� . . : p C e^ c� �O . . � , . .
<br /> �p d 2 � .-a a �J ��
<br /> 's � �� 1�3� �Y � � � m .'� 4
<br /> r .. � . y . � . @�;:: � - . . o � r.,�, .� ?a w[ � '
<br /> �i i a � .�r��+"� � � � � o � � � � �
<br /> a
<br /> ,. I� : � � : � . . � ..� . . F H �� . �. . �a N O J � . . !� . . �.. ..
<br /> � �. °
<br /> , � �. �g � . . .� ., a" -. �. � L..�. . � � L� . �. y o . � � � I. � v � o � � a . � �' � v°0 � � .
<br />�a � . . .^^'—" � . ..� .. . .. , � . . . � . _�.. ____�__.T..»_..._�_,.__.._.__._.._.._--�.�..____.'_-- --- ___._ . .._.__.__.. ._._ . .�..� �:'----; . � . .. � . .
<br /> . . , �. . . _ . . _� . _ � _... _ .
<br /> - .:: -.. �. ... .. .:�; . . . .:,.. . .._ . . . . . . . .. . � . , . . .
<br /> � ` �� � . .. -:. : ��� ,� o�y }ucwn�o4 sz� Paaa;er� _ '
<br /> � �. _ •____
<br />� �
<br />
|