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<br /> ' ( 6 ) ThuL tn Chc event any av+ard� uro miide Lo Lhe 11ortp,agors or ttiall� sur.ces;or:; tn ln6erer.t fur [.nking or dnm�r,lnP, � �
<br /> '� by Clie exercise of eminenL domaln U�e '�vhoLe or �my {��art of I.he morC({a�mA premises or auy e:isement Lhercln , the s:il �] �
<br /> � nwzrtls are hereby nsslgneu Co t.he hlorCgagee ; Lhe Mortfi1G�t 1s hereby ciu6horSzetl Lo sal ' �at , !'r, celve , snd rece !pt
<br /> � therefor nnd Co apply the sam� ln pa}•ment of nuy Sndn_bteNtess , tnritureA or utur.atureU , �r. cm•ed b;: t: hSs mortqnge .
<br /> . � ( 7 ) 'Chat ln Ltie evenC Mortgagors Aefssult In 61�e puyinent of sald princlVal su�n , or of riny inscellment thereof , or• � ��
<br /> of any Snterest tllereon , at, the tlme when the same shall 6a Aue , or wlth respecG to xny cnvennnc or r,ondlUon here- � ���
<br /> � of , Chen , et the optlon of ISo['tf;agee , Che euCSre 1n:lebteAness sar,ureA hereby sl�all fnrthwltL become due an^ puyfible , �
<br /> I shall bear lnterest at, the rate of ten percent {�er annum , �md the MorcPagee may Siamedl �tely toreclo;e thl murt7,age .
<br /> or Pursue auy other avnllaDle le�;a1 remetiy .
<br /> . ;�'� � ( 8 ) Thnt lli the event. tictlon Ss Urou�ht to Coreclose thl � mortK�iBe , the MortQngee shall be entltle�i to ln�inetll �ste .
<br /> possesslon ot the morteageA Premises , and Che ceurt mny uppoint u recelver to take possessSon o1 sulA premise, , r,1tti
<br /> the usual ➢owers oC rer.elverc Sn 11ke c�ises .
<br /> � � { gj That failure or delay of Morcgagee cn exerr. Sse any of Its rlghts or prlvileges shall noc be conscrued a; a � '�, ,
<br /> wnlver thereof : chat uny act of Morcqagee �vaiving any sPecitic detault. of 11ortqagors shnll not Ue coiisc�ued as a
<br /> �� walver of ariy future detauits ; that. ln case of default 1n the paymenc of uny ynortlratlon SnscallmenCs or lnterest , i ���
<br /> � . or Sn case of payment Uy Mortgagee of any 11en , � uUgment , Lax , ln:.'ur•nur,e , cost or expense , or t•ents , 7ees or ctiarKes ,
<br /> � said Mor[gagee sLa11 have tl�e pr1v11ege , withwt aecl.irin� Lhe whole indeUtetlness due and payable , to foreclose on � ���. �
<br /> . account of such speclfic default for such sums as are In detault �+nd such foreclosure proceedlnqs may be had anA
<br /> _ . [he land descrlbed hereln may Ue sc1A , sub,Ject Cn Lhe unpald SndebteAness hereby secured , end thls mortg�p,e shall .
<br /> . .�. � contlrme ns a llen for eny unpald Oalaince . �
<br /> � .� ( ( 10 ) 'I'hat the Mortgagee mr�y er.tend ar.d de: er ttie inacurlty of and renew �nd ^eamorci �e sald Sndebtedness , releese
<br /> from 11ab ll.lty ¢ny party 1luble thereon , ar.�] relense troin [he ? Sen hereof portlons at the property r, overed hereDy ,
<br /> without atfeccing the Prlorlty trereof or :he 11aU111cy ot :9orcgagors or any other parcy for the G2Yment of sald
<br /> . lr:debte�ness , a11 such extensions , de :ermencs , reneH�r.l; , and rea.mortlaatlons to be secured hereby . �
<br /> � ( 11 ) 7'ransfer of Securicy . It is agree^ between che partles �h�rr. Co , chefr he±rs , legal representatives and asslgns ,
<br /> . . chet che Sf1CB�PSL'J 3(ll� responsibllity of ch•� MarCF.�SKors conscituces a p;�rt of the conslAeration tor the note secureA .
<br /> hereby , and Chat ln the evenG Che Mnrtgagor.^> sl: sll aell , Srensfer , or convey the praperty Aescrl �e� l�ereln , Che �
<br /> � Morcgagee may ec lts opLlon c!er. lare Che encl7�e lndebtedness !mmedisccll' due and payablc nnd may proceea Sn Che en- �
<br /> torr,ement of 16c rSg!its as on any other detault ln the terms of the note and mortgage .
<br /> ( 12 ) ns ; lgnment of Proceeds ef M? ne�al Leese . :icrcgsgors hereby transfer , set over , and convey to tlort�agee all
<br /> . � re.its , royaltles , bonuses , 2n� dela�l ���iey:: that m-:y iror., tlme to tlme Ger,oine due and pay¢ble under any oll , gas , ,
<br /> . � or other mineral lease of any fLid ne�N exletlr.g or L!;at msy hererfter co:ne into exlstenr.e , covering the nhove land .
<br /> � � or any parG thereof . A11 such sm^s sn recelveG D;i P;�rtgagee shall be upplled to the Sndebteaness secuCed hereDy ; or �
<br /> '. ,�.- I sald 1^,ortgagee may at Sts oPtlon turn ever and �ellver to che Ma:tSa�;ors or c1:e1r sur,cessors ln InteresC , any or ali
<br /> uf such sums vrithout preJudlce to ar.y o1' Mcrtr�it;ee � s rlghts te ceke and retsln future sums , and wlthout Pre� udlce � -
<br /> Lo any of Its oCher r ? vhGs under tLSs ;r.crCeage . The C.:enster and conveyxnce hereunAer to Mortgagee of sald rr.nts ,
<br /> : . roya?CSes , bonuses , [uid de!s�� moneys �ha11 be co;:;trve�.1 tu 6e a provislan for the payment or reductlon of the mort-
<br /> f; �. � �age debt , suUJecCce Che Mcrtgaqee � � opLlmi ����° hereln�efore p?�ovlded , Sndependent ot the mortgage llen on sald real I �
<br /> �. estate . Upon paymenc 1n fu11 of the r:ur�P,3Je Aebt ana the releaae of this morcgage of record , thls wnveyance shall �
<br /> Oeceme lnoperaClve an� of no turtlter I'orce and effect . �
<br /> � '. ( Nords and qhrases hern. in. , incLuding c .e ackr.m.� Ledgr,ant h.e +eof , shali be constrved as in the singular or b [urci �
<br /> r,�ax6ers nr�i as nascuitne , Jeeinine , o> r.ruter Verder , uccordir.j? to the context . ) � .
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<br /> Jl ��,x��-- ( StiAL ) � j1!!_�u�L% %�� /�-�-6Y`'.`J`"' ( SEAL )
<br /> �v/ / Lloyd Goodwin A bert Goo/dwin
<br /> : � �>.Gw�r..r�. .�e_.� ( ;;EAI, 1 �:���� ^ .L..�S.' . _.:L�i ('�.L<nn { SEAL ) I �_
<br /> � ` Floyd Goodwin Bonnie Goodwin
<br /> �. ( `�EAL ) ( SEAL ) � ..�..
<br /> � � . j iSFAL ) ( SEFL1 � .
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<br /> ` i S,;,T� or /�J�' 6r � s �r a DONALD K. WI1pEll
<br /> � ' , . wr�Com�aaee�.
<br /> � co�r,ix� oe H a // �ara, s�. ��
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<br /> �. I �r,� this 23 day of T��� � , :, . i! . , 19 7G , before ne , n hoteiy Pub11c !n sntl for seld County nutl � .
<br /> ' f �cace , persenally a;,�,earea Lloyd Goodwin (also known as Lloyd L Goodwin) , single • and Floyd ,
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<br /> ('.nodwin (atao knacm as Floyd A . GoodwinZ, single ; and A16ert Goodwin and Bonnie �
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<br /> ( ('nndmini huahnnd and wifP�
<br /> . Cu r�e knvwn Lobe Che PP1'sans nnmed ln s�:7 rho er.ecuced the foregolnK, instru^�ent , andxcknov:ledged [hat tliey execuce�i
<br /> i [he �ame 2s Che1r vo !untary nrt and deed . � ,
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<br /> �- A1 at�6 l/ iv7g � �� �� �r� � �
<br /> , � !�� commission explras . ��12� � ' �� '
<br /> ona /d , , ad� l/ i
<br /> . � Type or print name vnoer signaturel
<br /> ^ t:otary Public ln u�d tor sald County and Scete '
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