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<br /> ( (; � �...�- That ln the ��venC NiY �+�v=u'da a[ r mnd�� Co the Nort.gLgo� S m� t.helr �;uccesscr.; tn + nu. c �. e t � . « � .iq ��� tlu iF.luK � .
<br /> Uy thp exerclse of eminer, C domaln U�e whole or „n� part o, Uie nm� c�.ir,eA pre�nl :=es ��r � tV e -.i �e���.nt �.h� reSn lhc :'.�i1d i
<br /> �iwards ure hereby assSgtted Co the Mor [�;+�gee ; Che MercgaF;ee fs liereby� �wtha� lr,ed [ c . ul ' �. . e , � � � 1ce , �ind �celi`� ! .
<br /> there:or �lltU Lo 3p�1;� C11G Sflm9 � 1R p�Y�Aetlt Of �Lty itldebtCMB3s , mflCUt'ed Ot' uum,itut'¢�'. , •,ec.i: C.7 C,r thls mict't,F3fe • �
<br /> � ;� ( 7 ) That Sn tne event NortEagors Aefeul [ Sn the pnyment ot :;�ld fr7nc1 ,��1 sum , or of ��ny lrst �l :r;ent thereof , ur � �' � .
<br /> � of nqy Snterect therr.��� , xC Che Gtme �ehen the s:une shn11 be due , m• wltl� reypect to any covenant nr r.erdlUen here '• �
<br /> � ot , !hen , at thc optlon ot Gor[zu�ee , the entlre SnAebte�ness secured liere�t• sl�¢ll forth�r+ith b�°^cme 4ue ruid puyriple , :i . � �
<br /> � stiall beur Snterest at the ra[e of te[i percent per flnnum , �nd tha Hcr�tqngee may Smmedl �+tely toreclosc Lhls mar� CE;uRe
<br /> � � ar pursuu aqY other avallnUle legal romedy .
<br /> �', _ ( e �_ That in the eveut actton is broughc to fcreclose Chls mer[guge , the Murtgagee shall be entltlad [0 lmmedlut�
<br /> � possesslon af the mortgaged premises , andthc ca�ir[ may appotnt n recelver ta CNce possesslon of sxld Premises , w1Gh .
<br /> � the . usual powers of recelvers in llke cases . � � .
<br /> ii
<br /> � . ( y ) 1'hat fallure � or delay of Mort6agee to exercise any of ± ts rtghts or prlvlleges shall not be construed us +i . . .
<br /> �! � waiver � thereof ; that ¢ny act ot Mortgt�gee walvinq ariy �Peclfic defaulC of Martgugors shall not i>c cnnstrued as i � �
<br /> . ws:ver� of nny tuture aef¢ulcs ; Lh�+t. 1n r.nse ot defuult Li the payment of any amortSzation lnstallments or � lnterest � �' � �
<br /> ar ln csse of payment by Mertgagee of aqy 11en , Judgment , tnx, lnsurnnce , cost or expense , ar rent3 , fees or charges . .
<br /> . ;� 3u1d� Mortgagee sLull hnve the privlleqe , wlthau[ declaring the rvhole lndebtedness �ue nnd p2Yablo , lo foreclese on �
<br /> ��. ecwunt o[ such � speoltle detuul [ fo1• such sams as are Sn Aeft�ult ond such foreclosure Praceedings m�y Oe had und
<br /> ', the isnd Aescrl�ed herelr. mnY be sala , suDJect to the unpald SndeDtedness liereby secured , nnd trils mortgsge shal] � � �
<br /> cantinue as � n lien for . iu�Y unpal� �al�uice . .
<br /> ( 10) That the Mortgagee may extend and de:er the macurlt,y of and renew nnA renr�ortize said lndebtodness , release
<br /> frem ilahllity any � Party 11a61e thereen , sud relense trom che llen hereot por[lons of the property covered hereby , - � �
<br /> wlthout uftecting the prlo^Sty hereof or tlle liab111cy of ttortgagors or ar�V other party for the � prqyment at sald -
<br /> indebtedness , all such extenslocs . Ceteiments , renewnls , and re�tmnrcizetions to be securea hereby. ,: � � � �
<br /> ;; ( 11 ) 71'ens [er ot Security . It Is agreed between ttte p¢rtles lieteto , cheir helrs , legal representntives und asslqns . —
<br /> +! that the lncegrity ana responsiblli [y ot tl;n hlurtv�6ors conscltutes a pr.rt of [he conslderatlon fur che nate secured .
<br /> hereby , and thnt Sn [he event thr, M�rtq3gors sl:nll scll , C^n��sfer , m• com'ey Lhe property descrLbed hereln , Lho � �
<br /> Hortgagee muy at Sts optlo[� Aeclare che euCSre iridehtedness lmmedintely duo nnd pnyaUle nnd may proceed in th� en
<br /> forcemen[ ot ! Cs ^ights ns ori aqv uther defstllC 1n the terms oC the note n�id mortgsge .
<br /> ( 121 As�� � gnment of Pi•oceeds oT Mlneral . L�°ase . Mo.^[gsgors tiereby r,r:u�sfer , sec over , and canvey Lo Hort�agee a11 � �
<br /> rents , roysslCles , �onuses , snd deley money� thaL mey trem cime ce CSne Decome �ue nnd R�1yable under uny oll , gus �
<br /> or other ' mtneral lease of nny ki»d non exlscSng or• �hac n :iy herentcer ccme into exlstence , covering the ahave lnnd �� .
<br /> ur any part Lhereof . All such sum� so receleed by Mor!PaKee sha11 be upplied co che lndebtedness secured hereG,}; , �
<br /> sald Mortgagee ma,y ac its oPUon tnrn over �id Qelrier t�. the N�ortgagors or thelr ^uccessora Sn lnterest , a.tiy ar all . �
<br /> of such sums vrlthout preJudice co ant�• of Ptor[gagee � s rSp,hts to C�3Y.e 1nd retnin Puture sums , :u�d� �eithaut preJudlce �� �
<br /> to uny of ! ts oWier rSghtc under thls morCKd6e . The tr^nsfer :.��d conveyunce hereunder to Hortgagee o1 rnld rent � � � .
<br /> royalLies , boncses , n�id delay meneys shall be cons [rued tu De �t provSsian for the pHyment or reducclon ot the mort .
<br /> g�ge debt , suh,lect to the Hortgagee � s o�clon n; herelnbetare prnv + ded , indepeudent ef che morcgago 11an. on snld renl ;� , � - � .
<br /> �� escate . Upon PGYment Sa full of the mort�;ube debt and the :rlense ot this mortEaHe of record , thls conveyance shall � . . �
<br /> , beoome 1noPerative and ot ro turther ferce aind rttect . � � . � � .
<br /> IWords nnd ph+ases herein , includir.R� : he ackno�,� [edgeen ! herzoj , shaCl be con, trued a� in the sirtgu2ar or plura ! �'� : � � �
<br /> nua6evs and as rzasculine , Jeainine , or neuter gervier , ncrordir.g to the contex2 . 1 n � .
<br /> ( SEAL ) " " ' " '" � `"' `'� �J ( SEAL ) � . .
<br /> / �i L�dward R. Beckler �'
<br /> " ; S'r.n� l /v0�I0�„ �/i� �.F' �j'dc.l� ISEALI ';
<br /> Dorot a xin ckler
<br /> `I ( Sei1W ond B�,gkler � sea�l I
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<br /> ( sea� l �l''Z.-�2 d �—�'z.n ,�XO �! J � SsaL )
<br /> Nenmi Beckler
<br /> � STf.TE OF �/"� „ luSJCCt ��� �� _
<br /> /�G /� ,� . �aNe+ntMmrMe► • sr.� iwe..
<br /> coUarr oe Mr C�wlrl�n E�
<br /> T �i JANUARY 20. 19�9
<br /> � � On Lhls ` t� duy of �/ �� �� r , n . U . . 10� , befure rtie , a Notary Wbllc ln and for sF.ld L'ounty ruid ; � � �
<br /> • scace , Gersonu� ly nppeared Edward R Beck� er and Dorotheu MAxine Beck� er h�sband And wi£e ;
<br /> und Rltymond BeckleLund_21eQmi BP�kl �r hL�+hanri nnd wife .
<br /> �- . to me knor+n tobe the P�t�sons nnmed ± n and �vha executed che foregolnF, inscrumen[ , und ackno�ledged t�hat, tliey executed �.
<br /> � Lhe snme ns their volut�tary ecc �uid deed . �
<br /> �. � My commSsslon explres `� ���?T� � � . //�1�2�'�� ��'���--�.J � .
<br /> /f��i, /( J ('F ,:rer�
<br /> � � ( iypx cr print name under siqoaturel
<br /> . � 1:ocnry }'u� llc !n and tor suld CounLy and Statc � �
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