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200212490 of eminent domain, with any amounts which Mortgagee may receive to be applied to the unpaid principal balance of the Note in the inverse order of maturity, without any reduction in the amount of principal and interest payments. In the absence of mutual agreement, Mortgagee shall receive such proportion of the proceeds as is equal to the proportion which the sums secured by this Mortgage immediately prior to the date of payment of the amount received. Mortgagors shall receive any balance of the proceeds. 12. Assignment of Rents. As additional security, Mortgagors hereby assign to Mortgagee the rents, profits and income of the Property, provided that Mortgagors shall, prior to acceleration hereunder or abandonment of the Property, have the right to collect and retain such rents, profits and income as they become due and payable. On acceleration as provided herein, or Mortgagors' abandonment of the Property, Mortgagee, in person or by agent or by judicially appointed receiver, shall be entitled to enter upon, take possession of, and manage the Property and collect the rents, profits and income of the Property. All rents, profits and income collected by Mortgagee, or the receiver, shall be applied first to payment of costs of managing the property and collection of rents, profits, and income, including, but not limited to, receiver's fees, premiums on receiver's and applicant's bonds, and if allowed by law, reasonable attorney's fees, and then to sums secured by this Mortgage. 13. Transfer of Property. Should Mortgagors desire to sell or encumber the mortgaged Property or any part thereof, or enter into an agreement to sell or encumber the Property or any part thereof without the consent of Mortgagee, or Mortgagors permit any part of the Property or interest therein to become subject to a lien of any kind without Mortgagee's consent, Mortgagee, at Mortgagee's option, can declare the entire indebtedness remaining due and unpaid secured hereby immediately due and payable and exercise any remedies available to Mortgagee under the provisions of this Mortgage. 14. Default. Should Mortgagors fail to make any payment due hereunder, attempt to assign or convey any part of the Property or create any encumbrance thereon without prior written consent of Mortgagee, except for conveyance made under threat of exercise of eminent domain; or should Mortgagors breach any other covenant or agreement of Mortgagors in this Mortgage or the Note it secures, Mortgagee, at its option, may: a. Receive interest upon the principal balance, all accrued interest, advancements for protection of security and interest thereon at the default rate provided in the Note this Mortgage secures from the due date of the installment or the date of other default to the date of payment; b. Declare the entire principal balance immediately due and payable, whereupon the principal balance, all accrued interest, advancements for protection of security and interest