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<br /> `� nj �the exerclseeotvenineni doantn che nh ie art�t�ysti ororit�eraorignqei�vri� fses � c t �ryrci•cfc c cKri� n c c c�ii
<br /> t� eenr4s nre hereby ' nssigned to the nert�sRee : lhe T1or[B�Fce is hern0y nuchcrized � � .all��cc , r� cf ��r , ..:;d �ec�lpt.
<br /> ii Lherefor a�d to app�v the s.une in D�'men� ot nny . lnlebteGness , m�U��eA cr +.��imatured , : ec;i;ea �� t ,",S .> �orcau;r . .. .
<br /> ! ^' { 71 1'hat in tne event nortF�r� detaulc Sn th� pqtinenc a [ safd FrIncSP11 sur. , ct' 0! ;lil}• lttstall`e?t. Lheteef , ni' ��
<br /> , g . . of aqy lIItet'est thei'eo17 , at the time �ahen . the ssre shall �e �ue , or �lth respect to ru�v cr,ve�vuY. r,t• cendlL � en . here- y
<br /> � s" of, then, at � [he c+ptlon of Nortgagee , the en�lre indebte �uiess seaured hcred,v shall � torLr.rttth �r. cnce d;;e � A r��nhte � �
<br /> � L stull Oear fnterest at the rnte at ten Ge:cent per annw�, end the Mortgagee ra�• lnmed ;aLe�V tcrericse Ch' a r"^tgafie
<br /> � x: or pursue nny ocher avallnnie legal reneyv . �
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<br /> � ( 8 ) Thnt in the event tictlon ls Oraught to ioreclese this mortgage , the Hortgngee shatl be ec�� ltleC W i c •.e,13te a
<br /> � (; possesslon vt tno nor[gaged premtses, and tAe cnurt mqV npDoint a recelver to taKe �osses^lur. of sald pce� Sses , nlLh j
<br /> H tne usual poners ot recetvers ln like cases..
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<br /> } �'- �� � ( 9) - Thn��. fuilure � or del�Y . of NorLRaR4e to� exercfse n�� of Sts :ights cr Gr1vl : eqes shall not he censtrael a a ; -
<br /> i - �} � aalver theceof : _ Chat� atLy � act ot NorCBa4ee salving +uLy sCeclflc detault of tSortFsgors ahall not be constn�ed as n ; , .
<br /> 6
<br /> irslver ot azU future detaults ; that ln cnse of default in �he ���ent of any vr.ortlzatfcn SnsrnTlrents or intere t ,
<br /> $ �� �; or in cnse of p,�ymenc oy ttortgsgee of aztv lien. ,tu".Bnent, tnx, tnsurnnce , cost or expense , or m.ita , tees or chargc< }
<br /> } ti said Morigegee shdli have che pr1v11ege , slthwt aeci.aring the �.�ole 1nCehtedness due +snC p�•nble, to fcrecir,so un ^
<br /> ' � - r nccount ot such specffic detault tor such sums ns ore ln default and suc;i foreclosure r:oceeding<_ mny ec haA ana ;
<br /> p� Che lnnd descrfhed � hecein r�qy be sold , sub,tect�� to the � unpald�� lndebtedness .hereby secured, a„G thls n�rtqa�e ah111 ;
<br /> continue ns a llen tor a1�� unpaid balance . `
<br /> � � ( 10l � That �t�e HorLSg6ec mqp eatend nnd defer the maturity o [ und cenerc and rew:.arW �e snid 1nle�tedness , rklea e . ? �
<br /> ft�ora 11aDi11[y atLV partY 11eUle therecn , :ui4 relense trom the 11en hereof Pe;ticns of the property coveted hern�� r
<br /> i� - wlthout atfectin6 the Drlority hereof or � the llabtii [y � ef �er4�;ngors or a�y uther parcy tor the t!+1Y�ent � f sald 'v.
<br /> l: Ittde'tedaess , ali . snch excenslons , defenaents , renewuls , snd renmortizaticns to be secureC Uereby .
<br /> ; � � ( 11 ) lTsnsfer of . Securlty . It 1s� agreed Octween the perW es itereto , theit• helrs , le�si represer.tsti�•es �st1 asst��a ; � �
<br /> ��. Lhnt Che Integrity ano i�esponslbilltY ef the !Ur[�;.�ors �unsGttutes a pari a : the conslderstto�i tor the nete aecnred �
<br /> here�y , aiid thnt in the event the nartgn�;ors s!�nil sell , trn:�atc: , or ccr,��ey Lhe ,ropert�• Cescrlbed hereln , Lhe `
<br /> �� � Li N�rtgagee, day a[ fts optlon declere the enti:e indebced�icss 1r.,nedlntely 1ue and p�vable u;d r,sy prececd .Sn �he en ''
<br /> ' "� forcement of its rlr,h[s ss on a�� otper detaul[ in the terns et the note and norcFaRe .
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<br /> � ( ,t2) psslgnment .ot Proceeds et H:nernl Lense . Mortga5crs herebp tr.tinster , aet e�•er , anC . convey ca nortgsRee 111 f
<br /> ;�. a ' .; rents , soyalLleS , �Oonuse5 , nnd� tlel:LV mone>•s that n:�y' trcm CSme to ttae becone due ar,4 p�yabie urder an,�• ofl , gas �: :
<br /> � � : r, � or other mineral lease of. ucLY KSnd norv ezistSnF, � o� Lhat r,ay hereafter cc�e into esSstence, cevering the abcve I1n� ,�(
<br /> ur nttiy pvt thernof . All such sums so recelve� 6y Hortgagce shsll be applted tc the fadebtedness secureA he:eby : o
<br /> ' sald ttort�ee myy aC its optian t�u�tt over anC deliver to the C!ortgagers or thelr succe;sors in :nterent, a�v or alt ,
<br /> ` � of such suras nithout pre�udlce to a.�• ei C;artaagee � s rlghts Ln tnke nnd r��tain :uture sur; , . nad nitheur, pre,tudlce . . . . �
<br /> t ? -� � � r . . to aqy � of 1 [s other rlghcs under this �erthagc . The t.ransfer and conveyance he:eunle: te ,yurtgagee ot rr4u rert ?-�; �
<br /> � � .Ji � �. rq�al[. ies , DOnuses , nnG del�� noneys shn11 Ue cer.s:rund to be u provl , lcn [or [he D�'rent or � i�eAuct.lan et t.hn �corc- r, .
<br /> : � �.� � � ," � �sge deDt , suD,lect te Chc � Hu:igap,ee �s option ns herrinbefore prm• ided . 1nCe„er,Gent of the -ortaage llen en ssld � rral �� �
<br /> ; � �:- : estate . Upon p�Vrt+ent itt full of the mertFnge debt ard Lhe release uf LhSs nortgaRe o[ rer.ard , Ltiis conveya�cr, shall 3
<br /> 1 i �, becocm 7noFerative w�a o[ no fiirther force nnd eftect . �
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<br /> � (i' ( Yords nnd fhras¢s her¢ titt , includtir.� , G¢ acknaoic3�r.cn. Ac-eof , sEaiJ DE tansLrucd as in th¢ sinqulnr or Iur,e1
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<br /> ,_ . � . � COLMTY OF �d �� � tMtch ll. 197A ! . -
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<br /> � �� Che sw�ne a9 thelr voluntary nct and deed . ,
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