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<br /> ( B ) That Sn the evenG any awards are ma:ie �o [ he Mortqagors cr thelr successor.; In Snterest for !,aking or damaging �
<br /> Dy the exercSse of eminent domaln the whole or aqy pw•c of t.he mortgaged premises or atyy easement cherein , the sald
<br /> awards are hereby assigned Cn che Mortgagee ; che Mortqagee is hereDy aut.horl :�.ed co rollect , receive , and recelpt
<br /> therefor and to apPly the same Sn payment of nny SnQe� tedness , matured or unmar�1red , ser. ured Dy chls morcgsqe , +
<br /> ( 7 ) That In the event Mortgagors Cetauit Sn the payment of sa1Q princlpal sum , or of rany Snscallment chereof , or
<br /> � of any Snterest t.hereon , at the tlme when the seme shall Oe c1ue , or wlth resper, t te any covenant or r, onAition here-
<br /> uf , then , at Lhe opclon of Mortgsgee , che entire indeDtedness secure�] hereby shali forthwSr,h become due antl paynDle ,
<br /> shall bear lnterest at the detault rate described Sn said note , and the Mortqagee may Smmedlately toreclose thls
<br /> mortgage or pursue an,y other avallable legel remeQy .
<br /> . ( 8 ) That Sn the event actlon Ss brought to foreclose thls mortgage , the Mortgagee shall De entltled to immetllate
<br /> . DOssession of Lhe mortgaged Dremises , enA tlie court may aypolr.c a receiver to take po_sesslon of said premises , wlth
<br /> che usual Dowers of rece, lvers Sn like cases .
<br /> walver�Chereot ;�rchat anl acCfof �Mor�agee to exercise any of lta rSghts or prlvlleges shail noc Ue construed as a }
<br /> y gagee walvinq any speclflc default of Mortgagors shall no[ Ue construetl as a �
<br /> wa1VeP OS 8ny fuCUrP defflults ; LY3at ln Case Of delault ! n ttie pxyment of any amorGl7aCiOn lns4allments Or Snterest ,
<br /> or 1n case of D+�Yment Dy MortKagee oI any 11en , � uAgmenc , tax , Snsurar:ce , cost or expense , or rents , fees or charges ,
<br /> sald Mortgagee shall have the prlvSleKe , wSthout, decLaring the whole Indebt. eAness due aaid PaYaD1e , to forerlose on �
<br /> account of such speclflc defaulr. for such sums as are Sa default snd such foreclusure proceeAings may Ge haG and
<br /> the land desr,rlbeC hereln r!ay be sc�, ld , suGJect to the w�4?;� 1d SnCebte4ness hereby sec�.�red , and LhSs mortg9ge shall p
<br /> continue as a lien for tuiy uripaid balar. ce . �
<br /> . ( 10 ) That Lhe MorLgagee may extentl anQ deter ttie maturi [y of and renew and rexmortlze said Lidebte�ness , release �E
<br /> from 11aDSlity xny party 11ab1e chereon , and release Crom the 11en hereof portlons of the property r, nvereQ hereby , !
<br /> wlthout affer, Cing the prl �rSty hereof or tY! e liab ! ? tt,y nY Mortgagnrs or +iny cither pa� ty for cGe payment of sa1C i
<br /> SnAeDtedness , all such exren5lons �'e7Frmr ^ , rrnew � l , ani ecunor * + ntlor. � Co be secureQ F:er-eby . �
<br /> ( 11 ) Transfer of Securlty Ir. Ss aKr�eA pPtwePn r.r, a pxrtlPs ha Ntn , � *�atr- r;t: + �s , legal representatives and asslgns ,
<br /> thac the SnLe�r7. ty ana re � ponsiDlllty o2 t � e Mortqv,�c�r , �-on + ' l � tes v F .rt �� f the r ���slleration for the note secured �
<br /> hereDy , az�d that 1 ❑ r.he event L "ie Hortqsgor ; ^ �, ti ! s.�l : , [ r,msfer , � r �� onvey t, he property Gescrlbetl hereln , the
<br /> Mortgagee ma,Y at its optlor. declare t�he entlre 7n4e0tedness Immetllately �luv <ird payaDLe and may proceer] Sn the en-
<br /> forcement. of St� s rlghts as on any other defaul [ Sn tTte terms oT the no [e and morrgage . .
<br /> ( 12 ) Asslqrnnent of Frocee�+ s of Mlner• sl Le �se . Hoi �sgors� hereLy ! ran �afer ^et. nver , xnd renvey r, � Mortgagee all �
<br /> rents , royaltles , honusPs , ar.� de14y mor.vv � Ltral. m +� frnm * im� co � 1 .e be� c• ��me a ,�e -inQ pxya0le ur:der any oll , gas ,
<br /> or other minernl iease uf any ktn�7 n ,�w ex + LSng or th�c mc�.� Le � �. after .. ome fntu ex1 ter.ce , cuvering the above lanQ
<br /> or any part� thereof . All � irh swr;s � o *ecrlve:i Dy Mrrtqage� ,hal. l h < ipp11e�7 to the . ndeDteAness securea hereDy ; or �
<br /> saltl Mortgagee may at its opt. len turn over 1ntl del ' + ei Lo �.11e Morr. �n�;��rs or chetr successors Sn 7nterest , any or all
<br /> of such sums wlthout pre� udi � e to ni,y . . f ryo�L�zi✓eF ' lRh � � .� t. akc� ar� � re . . -. ; u fuU,: re sums , sn1 wlthout pre� uQice V
<br /> to any of Its other rlght undrr P� 1 m �rtKagc. The n nrsf uui �• m eyance hereunder to Mortgagee of sald ret� Us , 1
<br /> royaltles , bonuses , and deliy mcuey � hall bP cnnstr�e� r : �� Lv + p7^.n � � S �: n foi the pciyment or reduction of the moDt- �
<br /> gage deDt , �uD,7ect tn !he Mrrtgager � , u � Sr, r 3a Yierelnbet :. re 1 .vSde + 1 [��+ eper7ent o ! the murtgage llen un sa1C real
<br /> estate . Upnn payment Sn fu �� � of t ! e mort.gaq�- 7ebt. and chr �r � � nae of i. h1 : m: r ?qaqe n ! rer, ord , thls cortveyance shall
<br /> become SnoperatSve and oI no fu:�ther tnrce an,i effeot. . �
<br /> ( !✓ords and qh+asas he+ein . tinclvdirzE; �. he ,sr ,Fnowlc�lgm. nt h� + eo ( , shall he consGrtu�d ¢s in the singuba+ or qlurai � �.
<br /> nwtbe+s a �n3 as wascv. line , fem {niru or� nc� vtr+ �? v+�3v + , �rco� nnq to th .� rovGr. z � . '
<br /> � �/� �r/ �
<br /> _ ( SE;AL, 1 -_'�.-y-.rr�r ' �. .. .b��i �-tJ F TU[el.c ( SEAL ) �
<br /> ( sE.nt. � !�r�i C, - � � .-r �.,�— IseaL � �
<br /> ,% Mary C . Turek �
<br /> ( SEA1. ) ( SEAL ) �
<br /> ---- i :lu� Ai . l ----- - ( SEAL ) �
<br /> STATE OF �r' r � � �/� Y' : � .- , �
<br /> � COUNTY OF /.�<r , . �
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<br /> Q� thls �' rt day of ��� L - � , p . :: . . 1B __�� . Geforv ,nr . a No [ ary Yubllc ln atid for sald County and �
<br /> �
<br /> stace , persor;ally sypearea et f ,- a� F Turek and Mary C Turek ( also known as Mary Carol �
<br /> i
<br /> Turek ) , husband and �rife , ;
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<br /> - --- -_ __ _ _ ---- -------- - — �
<br /> to me knorm LCUe the Persons nnmetl 1 i and w� i . �xer- : te^_ the I � �- •egoing Snst-�umci , c . :ir:,] a�zkt�ioK�leriged that !.1iey exerutetl
<br /> the same as thelr volur_. _ itary�c�eed . �
<br /> IMNCy
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<br /> i F�M�lA►----- ' -----�-. ---
<br /> MARCH 9 1979 � `��- ' - �� ' �'�� ! `
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