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<br /> 7. Condemnatior�: ; in the event the Property, or any parE thereof, shall be taken by emioent domain,the MeKgegee
<br /> is empoweieed Ya oollect and receive all compens8tion which may be paid for any property taken or for damages to property
<br /> not taken and Mort e shall a
<br /> , gage ppiy such compensatioa, at i� option, either to a reduction of the indebtedness secuted
<br /> ,: ' ' 6ereby or"to repa[r'and restore'the pioperty so damaged
<br /> 8 Perlo�ance �by MortgaQee .Mortgagee may, but shall have no obligation, to do any act which the Mortgagor . I
<br /> , 6as ngreed but fa[is to do, and Mortgagee may alsci do eny act it deems neceseary to protect the lien hereof. blortgagor
<br /> . :: , ; ayrees.to.repay, upon demand, any, sums sp expended by the Mortgagee_tor the above purposea, end any sums so expended
<br /> :- , . . by t6e:-�Vlortgagee:;sha11 "be added -to the indetitedness secured hereby and becotne subject to the Ifen ' hereof. Mortgagee ":
<br /> , . +'._ ' `shali ngt lnenr aoy`personal7iabilfty,'because of."anything it aiay do or omik to do hereuaden
<br /> __ , .m. _ _
<br /> ,..
<br /> 8. Default; Assignment oi Rents. Time is, nt the esseace hereof, and upon Mortgagor's detaulY in any covenant
<br /> or,a�eetnentof tdis Mortgage, including covenants to pay when due the sums secured by thia hfortgsge, the Mortgagee shall
<br /> be entttled, at its ,sote optfon and withouL notice, to dec1are a!1 sums aecured by this Mortgagc to be &nmediately due and
<br /> payahle and may commence foreclosure of this. Mortgage b jadicial zoceedin
<br /> y p gs; and, prov3ded further, that npon such "
<br /> default the Mortgagee, or a ieceiver'appointed by a court, may at its option and without regacd to the adequacy of the
<br /> secwrity, enter uEroa and take-posvestiion oi the Property and coll�ect the rents, issues and profits therntrom and appty them -
<br /> 8ist to ,Ctie cast-of. collecUon -and operation of the Property and then upon the indebtedness secured by this Morfgagee;
<br /> said :rents; issues and pro$ts laeing assigned to the Mortgagee as turther security tor the paymeni ot t6e indebtedness
<br /> , ' secured hereby. _
<br /> 10. Traasfer ot Pzoperty: If all or any part of the Property is sold ox transferred withoat the exprnss written con-
<br /> sent of the Mortgagee, Mortgagee may at its sole option, declare all sums securnd by this Mortgage to be immediately due
<br /> and PaYable. . '
<br /> -11. FLWre : Advanoes. Upon mquest of Mortgagor, Mortgagee may make additional and future sdvances ta
<br /> - Mortgegee. Such advances, wit6 interest thernon, shall be secured by this Mortgage when evidenced b
<br /> statin :that ssid notes are securnd heteb At no time shall the Y P�missory notes
<br /> g y. principal amount of the indebtedness seeured by this
<br /> Moctgage; not including sums advanced to protect the security of this Modgage, exceed tLe ariginsl Note.
<br /> 12. Miscellaneous Provisions.
<br /> ' (a) . Any [orebearance in exenising any right or remedy shall not be a waiver thereof.
<br /> ` i . (b) :All rnmedies provided herein are distinct and -cumulative to any other right atforded by law or equity; =`
<br /> ' : ;` s and may. be exetcised concurrentiy, independently or successively. -
<br /> - . _ _ . . -
<br /> (c) . 'The coveaants and agreemenks conisined hernin shall bind, and the rigfits inure to, the respective .
<br /> " - � succc�ssors and essigns of the MotiYgagor and the Morl:gagee.
<br /> : ` (d) A!! covenants and agreements of the Mortgagor are joinC and several.
<br /> (e) The headin� ot We paragraphs of this Mortgage aze for convenience only and ahalt not be used to inter-
<br /> preY or deGne tNe provisions hereot.
<br /> , . -, 13. lielease. Upon .payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and .
<br /> „ , . -. -. shali execute,and deliver a satisfactory, release therefor.
<br /> _ . _ .
<br /> * ` `IN WITNESS WHEREOF, Moktgagor has executed this Mortgage on the 17t1'iday of U43L'ch , 19 78 . '
<br /> , ' p/�
<br /> ` ` �A �_��.�/ -i a ��_�--
<br /> " - ao��.«- .
<br /> �/J2GZ�Cv (,%c%ufz-�C2� .
<br /> . � . . � � . . �fl �3 f. . . . . . . soirow� � .
<br /> { . '. ' ' Stete o4Nebzasta, , Hall : County ss: -
<br /> : _ .
<br /> ; . .:-, • . p� �� 17t11 �y o f P'IarCh 19 78, before me, the undecsigned, a Notary Public
<br /> duly commissioned and quatlled for said county, personally came �'old G. Arehax't and Orx�ta ArPhdrt
<br /> , . ; _. , to me known to br �Se
<br /> identicat;, petson(s) whose name(s) ' are subacribed to the Coregoing instrument and aclmowledged the execution thereof
<br /> ` to be ' hi8 a�d 11er voluntary act and deed.
<br /> , � , ' : Witneas tny hand and notarial seal at Gx'alxi =S dnci in said countp, the
<br /> ri�said . // �� �
<br /> My Oommiasion iiea• � _ r--- /j� � -
<br /> date afo
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