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<br />� ' fi; ) Thnt Sn the event �mY �n•arAs ru�e maAe co the P'orCpngurs or thelr succ�e:.sr,r.; Sn lucue^ t tor tuklug ur drmiaqluK �
<br /> �y the ?xerclDe of eminen � aamaln t,he •�vUole or ��ny puri, ot the mortP�eged premises o� �in � t. '�sei�i�nl t.LePetn , the ��+� lA .
<br /> �� 1 awards are hereDy asalgned to the Mor6vagee ; che 11orCFa�en Ss hereDy au�.hort �ed [ o �. oli �:cC , � er,elve , and recnlpC � ;
<br /> � therefor and to npply the s2me In pr�yment u [ .+n,v indebtedne>s , mutureA nr uur.iatured , securetl b� Uils morCv,age .
<br /> i
<br /> � � ( '/ ) 'fhat Sn the event MortgaFors deftiult In Wie pxynlent of suld UrSnclpal swn , or of a!iy InstnllmenG thereof , Or i �„
<br /> � of aqy Snterest tllereon , ac the tlmn v�hen Che snme ::hall be due , or v+1Ch respect to Finy cnven�mt or r.ondlClon here-
<br /> ' ot , Chen , at cne opW on of MnrtP.�Pee , clle encire 1nAebtedness secured hcreby shall forthwir,h becnme due aud pqyable ,
<br /> 1 shall bear Snterent nc the rute ot len G�-rcent per nnnum , n�id the Mertgagee mny fimneAlutely foreclose Lh1s mortgage I
<br /> m• G��rsue any other avriLlable legel reme�v .
<br /> ( � ) That Sn the event iictfun Is brou�ht to fm�eclose thts mortgege , the HortF;xk;ee shall be entltled to lmr.iedlate
<br /> possesslon of the mortgaged premises , rind thc cnurt nny cippolnt a recelver to take possesslon ot sn1A premisea , wlth �
<br /> the usunl powers oT recolvers Sn llke cases .
<br /> � ( p � Thet fallure or delsY of tlor� q�gee to exerr. lse <any ot lts rlghts or privilege, shnll nac De construed as x � �
<br /> walver Lti�reof ; that any act ot MortgaPee v�ulvinK �+ny specSflc detault of Morta,agors shall not be construed ns a
<br /> � walver ot nny tucure defaults ; cl�at Sn case ot Aefrmlt Sn the p�iyment of ony smortlzatlnn insta] lments or Snterest ,
<br /> or Sn ca,e of payment Dy Moi•tgagce of any llen , J �.itlgment , tax , lnsurunce , cost or expense , or rents , fees or charKes ,
<br /> - � suid Mortgegee shall huve the prlvllege , wllhout declnring the whole Sndebtednes� Aue and pRYnblo , tn foreclese on
<br /> � account ot such ,peclifc Aefault 1'or auch sum, cis ure in detault and such toreclosure proceedings may be had znd � � �
<br /> � the land descrlbed hereln may Ue soltl , subJecC Lo tlie unpnld lndebtedness hereby secured , and thls mortgage 3ho11
<br /> contlnue as a llen for r�ty unpald balMce . .
<br /> ( SO) Th¢t the t9ortgagee n�iy extend and tle (ei' the �aaturltY ot and renew entl reamortlze said lndebtedness , release _
<br /> . from 11ab111ty any pa^ty liable Lhereon , and release 1'rcin the llen hereof portlons ot the property cove�ed hereby , �
<br /> without � atfecting the priarity hereot ur the liuGillty cl' Mortvagors or any ocher party !or the payment at sa1A .
<br /> Sndebtedness , all such extenslons , deferments , renewnls , and reamorclzatlons to be secured hereby . �.
<br /> �� � ( 11 ) Transfer of Securlty . It Ss agreed hetween chc partles �hereto , thefr helre , le¢al representatives and a^,si�s- ,, ,
<br /> th¢t che SnC�egrlcy and responsSbllity of thz Moc�[gagors ronstStutes a P�irc oI the consider¢LSon tor che note secured
<br /> hereby , nnd thac Sn Che event che Mortgagors sha11 sell , Lransfer , or ronvey che propercy �escrSbed herein , the
<br /> . _' 1 MortEagee may at Sts opticn declure the encire Irdebtedness Smmedlntel'l d!�r and payaDle and may proceed !n the en
<br /> i Corcement of Sts rlghts as on xny oche.^ det�ulc ln 6he terms ot the note nnd mortgave .
<br /> � ( 12) Asslgrunenc of Proceeds of 111neral �euse . Mortga�ors hereby cransier , set over , and convey to Mortg¢gee all .
<br /> � � rents , roy¢ltles , bonuses , �nd delzy money^, that msy from time to cime become due and payable under zny oll , g�as ,
<br /> � or• other mineral lease of any kliid no;v exlsclm; ur that msy hereafter come Inte exlscence , covering the apove land �
<br /> .. or ac�y part thereof . All such sums so rr,r.2lved � by Mortgcge� shall be applled co the Sndebtedness secured l�ereby ; or �
<br /> � � s¢ld t",ortgngee may at Scs oPtion turn over ^�ul tlellver to che Mortgr�gors or cheir successors ln Snteresc , any or all
<br /> � � � of such sums wlthout pre,Judir, e to any nT Mertgagee � s rlghts to tiu e and retain future sums , azitl vilthout pre� udice . .
<br /> : I Co 2ny of 1ts o[heC rlghts under this mertg2ge . The Cr^nsfer r_nd conveyance hereunder to 11ortgagee of said rents , �
<br /> ro1'alcies , 6onuses , and delay moneys shall Le corstrued to be a previslon for che payment or reGuctlon of the mort-
<br /> gnge deht , subJect to che Morce,agee � s opticr. rs he:•elnberoi�e provldeA , SndeGendeuc oi the mortgage lien on sald real
<br /> estate . Upon payrt:ent Stt tuli of Che mortc^,15"- debt anA tl�e. release of LhSs mortgage ot record , thls conveyance shall
<br /> _, � become lnoperaclve and of no furCher force ar.d efS?ct . ( ' � �
<br /> � 16'ords an3 qhrases herein , i�ncludir,K � h.e acknmwle3F*.ent F.ereof , shal [ Ge censt+ued as in tAe sineular or qlu+at '.
<br /> � �; � r.acbers aru7. as r..asculine , feTinine , or neuter per�ter, ucr.o-dir.g te tF.e context
<br /> ' ' I ( SEAL ) ( SEAL ) .
<br /> �T i es D . Riley
<br /> � ; ',
<br /> � ( SEhL ) � ( SEAL ) .
<br /> � f / Sha n .T . Riley
<br /> , II
<br /> ( SEAL ) � � ( SEAL )
<br /> ` Dani E . Riley
<br /> � ! I ( SEkL ) ' � � ( SEAI. ) + i
<br /> ` i L n H' Riley �
<br /> y � /'�/�6 � ,�s �t a ���o K waoE�� � :
<br /> sTnT� o� naar>•s�. etnem.
<br /> �' h'a /l ' MrCammw�on�re■ �
<br /> p. � � � COL't7TY OF � Il. 1
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<br /> 4 On thls �3 day oI — �� , A . 11 . , 19 � , before me , a Notery PUD11c !n anQ for sald County and �
<br /> � ' State , personelly appeared T mPrz D RilPy and Sharan .T . RilPx� h ishand and wife � and �
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<br /> � llaninl F Ri �3+ 3nA TnAnn M Ri ]„e3+y huahand and ctfp i �.
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<br /> : - co me knonn tobe the persons n�ned In and -�vhe executed !he foregoing lnstrumenc , and acknowledged that tliey executetl ! ..
<br /> ? � � the same es their voluntary uct anG deed . (
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<br /> � . , 1;otsry Evb11c Sn and for suid County and Sczte i �
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