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<br /> 78— �_► rs � � ? 2
<br /> Loan No . 7 �99 599 �
<br /> RIDER attached to and
<br /> part of MORTGAGE for $ 10U , 000 . 00 , dated �4arch 1 , 1978 ,
<br /> By Robert L . Johnson and Harriett M. Johnson , husband and wife
<br /> , MORTGAGOR ,
<br /> To THE PRUDENTIAL INSURANCE COMPANY OF AMERICA , a New Jersey corporation , MORTGAGEE .
<br /> Additional Covenants :
<br /> In the event Mortgagor , without the prior written consent of Mortgagee ,
<br /> shall mortgage or otherwise encumber the mortgaged premises , or any part thereof
<br /> or any interest therein , whether voluntarily or involuntarily , the entire balance
<br /> of the indebtedness secured hereby shall become and be imnediately due and
<br /> payable at the option of Mortgagee ; provided , however , that Mortgagor may
<br /> mortgage or encumber the premises , or any part thereof or any interest therein ,
<br /> where such mortgage or encumbrance is granted to an institutional lender as
<br /> collateral security for crop production and/ or farm operation loans made for
<br /> the benefit of the mortgaged premises .
<br /> In event of sale or transfer of all or any part of the mortgaged premises ,
<br /> whether by operation of law or otherwise , without the prior written consent of
<br /> Mortgagee , the entire balance of the indebtedness secured hereby shall , at the
<br /> option of Mortgagee , become and be immediately due and payable . .
<br /> If Martgagor or any co- signer or guarantor of the note secured hereby
<br /> shall file , or there be filed against any such party , a petition in bankruptcy
<br /> or insolvency or for other similar relief under the bankruptcy laws of the United
<br /> States or under any other applicable Federal , state or other statute or law ,
<br /> or a receiver , trustee or liquidator shall have been appointed with respect to _ .
<br /> such party , then in any such event Mortgagee shall have the right , at its option ,
<br /> without giving prior notice to Mortgagor and without liability of any kind
<br /> upon Mortgagee , to declare the principal of the note hereby secured and then
<br /> outstanding to be due and payable imnediately ; and upon such declaration the
<br /> said principal , so declared due and payable , together with the interest accrued :
<br /> thereon , and together with any other sums secured thereby , shall become and be
<br /> due and payable irtmediately , anything in this mortgage or in said note to the
<br /> contrary notwithstanding .
<br /> Mortgagor hereby waives any right to require that the real estate
<br /> mortgaged hereby be sold as separate tracts or units in event of foreclosure
<br /> hereof , hereby authorizing and empowering Mortgagee in such event to sell the
<br /> mortgaged premises in one tract or otherwise , at its option , anything in this
<br /> mortgage to the contrary notwithstanding .
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<br /> NCP 3230 Etl 5-77 . �
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