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<br /> ( 8 ) Thnt in the event nny ntisards ure nnda ta Lhe tortgne,ors or Ch�� ir ,uccesscrs Sn Snterest for t�iking or dtua¢gSng
<br /> q by the exerclse of eminent dumaln the n�hole or iut, pnrt of the r�ortv,uged premise, or ni� easement thereln , the s¢Id
<br /> , awerds nre hereby asslgned to the Mortg2qee ; the HorGEogee 1s here�y authoriz.ed to oollr. r. t , rn, celve , nnA recelpt
<br />��~ � theretor ¢nd to apply the samn !n puy�ent of ruiy lndebteclnesa , m«tured or unmatured , secured by thls mort,v,oge ,
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<br /> . ( of�az�hlnterestethere n h��it E 11c� Wm ef fi�nc the sanePat alfitbef dueiam rwl [hvrespect to ny c�o enant or� unditlon herer
<br /> �. of, then , aG the opCfon of Mortg�igee , the eutire IndeAr,ednes.^, s�r.ured herebv shnll forth•r+3th b?come Auc a��d paynble, '�
<br /> shnll benr lnterest nt the default rate descrlUed !n sald note , und the Mortp,agee nay irtmedlate�y foreclose this
<br /> �� r �j mortgage or pursue ¢qy other available legnl remeq/ . � �
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<br /> �� ( B ) 7hnt In the event nctlon ls broup,ht to foreclose tllls mortE��Be , the Mortgagee shsll be entltled to lmmediate
<br /> . �� possesslon of [he mortg�ged premisea , Md the caurt may appolnt a recefvn.r to Lake Po,se;slon of ;ald pre;� ises , wlth
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<br /> the asunl pow�ers ot receivera Sn llk� case� .
<br /> i . � !i ( 9 ) That fnSlure or delay ot MortEagee to exercise any ot Ita rlghts ar privlleges sha11 noc Ge constru?d ns a
<br /> ,f walver thereof ; that ony Ict of Mortgav,ee wsSvtnfc any :per. SfSc 4efnult ot MortF,aBoi''s shall nnt Ue canstrued as n
<br />� ' �, vrnlver of any future defaul[; ; thnt ln cns� ot Aef::ult ln r,he pr3ym�nt ot any amortSzaUon tnst211menta or lnterest ,
<br /> or Sn cn,e ot payment Dy Yortgncee oC any 11en , JudPment , tnx , l �;urnnr,e , cost or expense , or rencs , t�es or charges,
<br /> . !� suld Mortgap,ee shnll h�ive the prSvllege , wlthcut der. lnrinv the whole In�eb [edness due and pnynble , Co foreclose on
<br /> �,�I nccount of such sp�clflc defaulc for such ^ums as are ln detau !t �nQ such toreclosure proceedlnP.3 mny be had ana �
<br /> the land descrtbed hereln may be ^n1tl , su0,� ect: to th� unpsl : 1nd�Dte�.tness hereDy secured , and ChSs mortgsge shall
<br /> � !� continue u, a llen for xny unpnld balnncr. .
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<br /> � i; ( 10) That, the Mortgagee nay er.tend aud de:er the maW rlty af and renew• nnd renmortlze aa ! d indebtedness , relense �
<br /> . from liahlllty Rny Psrty 1lable thereon , nnC release f:om che llen hereof portlons of the property covered hereby , �
<br /> . I'' wSthaut nffecting the pr!orl [, he.eof o� the ll :ibilicy ef No�tguvors or any othe: psrty fur che payment of cald
<br /> i'" lnde6tetlness , all �uch exten, lons , Ae 'erne;;ts , renexals , rind renmorr,i :.atlons to be secureA hereby .
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<br /> � " thai he �integrlcyeancl1re^ponsSblllLycofDCheeHor[h,ic,���t�•�;�stltuces nhpurtto[ the corAlderntlonntorlthe oieasecuced
<br /> � hereby , and ChaL ! n the event the Hortg-:�,oi :hail ell � rsnster , or sotrvey Che property descrlbed hereln , the
<br /> i ���. Martgagee may at its ot;tlan cleclare the entl e fiidebt�dn�s 1mmeAla[ely Cue anA psyahle 1n� n�:y proceed Sn che en- �
<br /> , �I Iorcemen[ of Sts rlc,hts ss on +:ny other det..ult fn �hc te. ms o( ttie not? and mortgase .
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<br /> . ( 12) Asslg�iment of ProceeA:: of Hiner:ll !.arse , hp;c•t,;.::�-ors hereby trans ;er , set over , and r,onvey to Hortgngee all
<br /> rents , roynitles , bonuses , and deU+;; r,oney: th,t ,-ri�; :rn^ tine Lo [ Sne becone due snR. pny2ble imder any uil , g¢s , �
<br /> or other mineral le_^� ot en3"r. Sn:. nn�rv exlscing o:• tici;, a;:iy tie:eaiter come Into exSs[er.ce , •�overSng t;ie above land
<br /> or any part thereot . a11 such sums .se recetved b;� ^!orcgnge� shail 6e �pplled tu the tridebtedness secu:ed hereDy ; or
<br /> . ;. ,a1d Hortgagee may �t ! ts o,[ lon Curn orer u1 ,� 11:�e+• to tl;e Rortgap,ors or cheir successor:: In lnterest , ar�,ror all �
<br /> , of such suns ���Sthouc pre.} irllce to sny o; y�rt��y>+e � , ri _hts r,� ta'r,= atid rec�iln future sum, , tmd r+ lthout pre� udSce
<br /> ;i to uny of Sts other t•lchts unA�� r thSs r�ort. �i:;e , T�� � ._ ❑ � .� ��� ;������eyance hercunder Lo ;±orcgng�e ot saltl ;ents , �
<br /> , royaltles , bonuses , arC uel:y ncney.; sha11 be c �::sr;-��� � t . b^ r: ,rovlslu❑ 'or the paymenr, n; redur, tlen ot [he mort- �
<br /> . gege debt , subJectto ttle t;nrLv,¢P�e � s opticn �is here ; �6efo e ,^. rovidzd , ;nde{�endent ef che mercgage llen on s¢Id ceal
<br /> e,tate . Upon pa,yment ln 'ull of tt;e r.urtF.�ge debt st7d ;,hP Ce1P�s:n nt this nortgage of record , chls conveynnr.e shu11 �
<br /> become inopet�ative and o: r;o furthe; force r:n: effect . � � �
<br /> � ( i'or�s an;t �Frasrs herc ( r. , ir.r. Gx: ir.;; : h�_ a� k a,.� [ . �.,. . ; t §r >eo ! , sha1L bc_ ronsfrued as in !he sirt�ular o- �
<br /> ., ; ra.r.6ers ar.� ns -nsculir.e , iers5n : ae . or rk� .,, . f� ,:':.. > :i� -�f:+ ir.a� so > h� cor.tex . . 1 s 7lural . .
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<br /> ( sERr 1 /���'�� L' - � cc_aL ) .
<br /> ; , /JMarvi�. S7—tolte g �
<br /> � ( Schi. ) �C_ � : � �� � . , 11� ��ii .c�' t ' ��^ � ' i . .
<br /> ; ( SE1L )
<br /> Eunice A . Stoltenbe�g
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<br /> �' �� ( SEd1. 1 { ScALI .
<br /> � ' sr;,Te o� i'�<' l ,-��:r,<-;-r
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<br /> . . —� . :� . C . . : ? . befur� nr . ,i 'lotary R�bllc 1n ��nA tnr �ald County and � .
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<br /> Scnce , persor:olly a�:; e,�;�d Dtarvin E . Stoltenber also known �s Narvin Sto1 nb � ) and
<br /> Eunice A . Stoltenber al,so known as Eunice Stoltenberg ) husb �nd �nd wif
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<br /> to me known tobe [he per•sons m�red 1n ar.� �•:ho exrc:ited thc forogoin�; Snstrument , ,�nd :ickt;aa:ledgeA Lh¢c ttiey executed
<br /> , the sam� i� Lhe1r voluuc;�^; act aud deed , :
<br /> �1 NANCY J. WEIREL
<br /> � GENEflAI NOTARY`�,"t�eta.of Nopt� � ' / .. . .
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<br /> : �'� N��Car'y Flibllc In nnC for anld Coun:}• aud State
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