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<br /> ( (S ) That ln the event a��y a'++ards xre m�de to lhe Mortgagors or chelr success^r� 1n fnt,ei e t�� : .� � ' ��, or �� .ur�� , ; n�5 ! � � �
<br /> . Gy the ex2rcise ot eminent domaln the whole or eny part of the mortgxged G�'emises or sn� � ene:�c che. i - in t.h �: td �
<br /> awaTds are hereby assSgned Lo the Morcgngee ; che Nor•tuagee Is her•eby nuttiorl •r.e:; to col ' � �� c , recelv�� , ��nd � eri� l,�c � .
<br /> therefor and to apply che sume Sn PdYment of �iy SndvDtecll�e,s , mltu^ed or m:rt;atureG , se� u � 7 G;: th ! :� ^or*z�:c,e . � ��:, � � .
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<br /> ( 7j That Sn the event Mortgagors default in the payment of sald princlpal �u:n , or ot iuy insrvllment thereot , or ; �� � . � � �
<br /> �� oT any � lnterest thereon , aC the time when the same shFill �e Uue , oi� wSth respecc to nriy r.oven-���c r.i• ,�onC1 �� 1un t� �r•2 � ��
<br /> ot , then , at � the opClon of 11ortgagee , �he enclre SndebLetlness �ecureA hereb.y stiall fo:•thwlth 6er.omz di.e fln� ( ayFiblC� ! � �
<br /> " � ,hsll bear lnterest at tha rate of ten percent per ��num , antl Lhe Mortgflgee may Sirmedietel� torer. lo.�e tht n�rcgnge � � � .
<br /> i or pursue any other � avallable legal remedy . � ' I
<br /> i ( y ) That in the event actlon 1s brought to foreclase thls mortgage , the MortgaBee shall be entitled to � inl'I!'d13Ce � '
<br /> possesslon � of the mortgaged preml5es , andthe cowt may appoint n :eceiver to cr+ke � possesslon oT sald Ure:� 1 e , :�r± ch .
<br /> � { � the usual powers ot rece lvers Sn 1 1ke cnses . � : � � . �
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<br /> ( 9 ) Thr�t dallure or � delay ot 11ortgagee to exerclse uny nf lts rlghts or privileges shn11 not be conscrued as n i i �
<br /> t waiver � thereof ; that � any act of Mbrtgagee �vaivinB eny speclflc �etault ot Ncrtqagors sha11 not Ue construel as x { �,
<br /> waiver of any Suture defaults ; Cnnt 1n case of defaulG Sn the payment of any amortizatlon insta! lments or Snte;e;t , ! , � .
<br /> or !n case ot payment by Mortgngee oi nny 11en , Judgment , tnx , insurance , cost or er.pense , or renc; , teea or charqe: , I ,.
<br /> safd Noc•tEa�ee sUall have che prfvllege , wSthout declaring the v�hole indebtedness due unQ paynble , to tnr�clnse ori . � � �
<br /> , � account of such sDeciflc default for such sums na are in default and such toreclosure proceedings may be hud snd � �: � ��
<br /> f che land DescrlDed hereln may be sold �, sub� ect to the unpald Sntlebtedness hereDy secured , and th ± s mort,,age shatl i '.�� �. . ;
<br /> contSnue as a lien for any unpaid Dalance . � �, � -
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<br /> � ( 10) That the Mortgagee may extend and defer the maturity of und renew and rearc�crtl •r,e ^u !d 1n7ebtedness , release :
<br /> from liabllity any party liable Lherecn , and releese from the llen hereof portlans ot the property covered hereby ,
<br /> { wlthout alfectSng Lhe prlorlty hereof or the llab111ty ot Mer[gagnrs or ar�y other party Tor the GnYment ot sald : �: . . � . . .
<br /> ,�' � tndebtedness , all such extenslons , deferments , r2ner+als , and reeniorcizations to be secured hereby . � i; � . . .
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<br /> (11 ) T.'ansler � of Securlty . It Ss agreed betneen tho pastfes hereto , thefn c�irs , legal representativea and ias3lgns , � , � �
<br /> , � that the Snt�egclCy and cesponsib111ty ot the 19ortgagors constitutes a part of the consSderation Yor the note secured � , . .
<br /> , hereby , and that Sn the event the Mortgagors �hail sell , trensfer , er �onvey the Property +fescrlbed hereln , the t �� .
<br /> ��� Nortgegee may at Sts option declare che entlre Sndebtedness Immedlately due and Dayaple ar.d .^.ay proceed in che en- j �'. �
<br /> : forcement of lts rfghts as on aqy other detaulc ln the terms of th? notr. and mortgege . � �. .
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<br /> ( 12) Assigrunent of Proeeeds o[ Mlneral Lease . Murtqagors here6y crsnster , set over , and convey to Morcgagee nll �
<br /> rents , royalties , bonuses , and delay moneys that may from tlme to [ ine become due anC P�Y�51e under any oll , g�a� , � ��� . . � �
<br /> or other mineral lease of any kSnd norr exlscing or Chat may hereatter come into esister.r, e , coverlr.g the aDove 12nd � : � �
<br /> � or any part thereot . A11 such sams so recelved by l;ortg�gee ,hall b^ upplied to the SndeDcedr.ess secu.ed here�y ; or . .
<br /> , 5n1Q Mortgagee may at Sts option twn over and deliver to the MortgRgors or cheir successors Sn lnterest , any or ¢11 .
<br /> � ��� � of such ^ums wlthout preJudSce to a.�y o: Mortgagee � s rSghts to Gue antl recatn future sums , and without pre� ud!ce .
<br /> to any ot its other rights under thls mortgage . The transfer snd conveyance her�undcr co Mortgaqee of s�ild rencs , -� .
<br /> royalties , bonuses , anA delay moneys shall Ue constr3ed to be a provislon for the ,ayr�ent or reduction ot che mort- i ' � � . � .
<br /> gage debc , subJect to the MorCSaBee � s optlon as herelnbefore provlded , lndependent of [h? morcgage 11en oe sa1C i•�al I ,
<br /> estnte . Upon payment Sn full ot the mortgn6e de�t ariQ the release of thls mortgage ot record , Lhis conveya�ce shall
<br /> � become Snopetative and of no furGher torce and etfect . . � .
<br /> ( Words and bhrases heretin , includtir.� the ackna�.�lec+gRent he *eof , shal ! be consirued as in the sinpular or bilrad � ���, '. � �
<br /> n+cxbers and as r.nscuiine , fe+ainine , or neuter qender, accordtir.g :o the context . ) � I . � �
<br /> i � �ISEALI � ✓ ( SE:,L ) �, .
<br /> � ` ,' on G . Hargen ;
<br /> ; SEAL ) - ( S�'AL ) j "- . . .
<br /> < Laura Hargens �
<br /> '�,, � ( S�'AL ) ISEAL ) I _. . � . - � .
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<br /> ' ( SEAL ) i :i:AW ' . � . . . .
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<br /> ` ���. � STkTE OF Ne6r a s f a ���� i � . �
<br /> ( f/a // � � � Mr com�ron c�qre. f .
<br /> cou�arr oe �+ 11, 1978 i
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<br /> Ori chis � 9 day of JU� L , t, . D . , 19 7� , before ne , a Notary Pub11c Sn �:�d ter s:1d Ccun[, cr.d � .. :
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<br /> stace , personally appeared Ronaid G Hareens and Laura J . Har�ens , husband and wife , j .
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<br /> to me knokn to �e the persons n?med . ln and who execuced the feregoing 1nsc.^ument , andack.r.ov;ledged LhsL clie, er.ec�at.��a i �
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<br /> � the same as their voluntrsy act a::d deed . � �
<br /> � ,�`iar�� �� i9 �8 �i�,�� y� ��G � '
<br /> :, � ttY commisslon expires � • � �
<br /> ana/d �ad� !/
<br /> � liype ar print name untler siynature � �
<br /> t;oe¢ry Pu� 11c ln az�d for �•ald C��im ty °sn:1 Gt�ce � �.
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