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<br />7. Condemnation, In the event the Property, or any part thereof, shall be taken by eminent domain, the Mortp&ee
<br />II empowered to collect and receive all compensation which may be pald for any propert'"/ tIlken or for damqe& to property
<br />not taken, and Mortgagee shall apply such compensation, at Its option, either to a reduction of the Indebtedn818 seeund
<br />hereby or to repair and restore the property 80 damaged.
<br />
<br />8. Perfonnanee by M01'tppe. Mortgagee may, but shall have no obligation, to do any ac~ whIch the Mortllllor
<br />has agreed but fills to dOjapd Mortgagee may also do any act It deemaneceswy to protect thG lIell hereof, Mortppr
<br />agrees to repay. ,upon demand, any sums so expended by the Mortgagee for the above pUrpoIles,and any suma 10 expended
<br />by the Mortgagee'shall be added to the Indebtednelll secured hereby and become subject to the lien hereof. Mortpjee
<br />shall not Incur any perEOnalllablUty because of anything It may do or omit to do hereunder,
<br />
<br />9, Deff\lIlt; Assipunent of Rents. TIme Is of the essence hereof, and upon Mortgagor's default In any covenmt
<br />or ~ment of this Mortpge, Including covenants to pay when due the suma secured by this Mortgage, the Morlpiee sba1l
<br />be ,ntitted, at Its sole option and without notice, to declare all sums secured by this Mortgage ,to be immediately due and
<br />paY.lbleand may commence foreclosure of this Mortgage by judicial proeeedlnllB; and, provided further, that upon suell
<br />default the Mortgagee, or a receiver appointed by a court, may at its option and without regard to the adequacy of the
<br />security, enter upon and uke possession of the Property and collect the rents, issues and profits therefrom and apply them
<br />lint to the coat of collection and operation of the Property and then upon the Indebtedness secured by this Mortgape;
<br />said rents, issues and profits being assigned to the Mortgagee as further security for the payment of the Indebtedness
<br />secured hereby.
<br />
<br />10. Transfer of Property, If all or any part of the Property Is sold or transfened without the eltpresa written con.
<br />sent of the Mortgagee, Mortgagee may at its sole option, declare all sums.secured by this Mortgage to be immediately due
<br />and payable.
<br />
<br />11. Future Advances. Upon request of Mortgagor, Mortgagee may make additional and future ad\'Bllces to
<br />Mortgagor. Such advances, with Interest thereon, shall be secured bythll Mortgage when evidenced by promissory notes
<br />stating that said notes are secured hereby. At no time shall the principal amount of the Indebtednesa secured bY thiI
<br />Mortgage, not Includingsuma advanced to protect the security of this Mortgage, exceed the original Note.
<br />
<br />12. MileelllJleoUl ProvlsloOl.
<br />
<br />(a) Any forebeannce In exerelaln, ~y right or remedy shall not be a walver thereof.
<br />
<br />(b) All remedies provided herein are diltlnct and cumulative to any other right afforded by law Ol' equlty,
<br />and may be exerelaed concunently, independently orsuceetlllvely.
<br />
<br />(c) Tlte covenmts and agreements contained herein shall bind, and the rights Inure to, the mlpeCtive
<br />successon and Ullgns of the Mortgagor and the MortPi88.
<br />
<br />(d) All covenants and agreements of the Mortgagor are joint and several.
<br />
<br />(e) Tlte headings of the par&grllphs of this Mortgage are for convenience only and shall not be used to inter-
<br />pret or define the provisions hereof.
<br />
<br />13. Release. Upon payment of all sums secured by this Mortgage, Mortgagee sba1l dIIc:Iwte' thIS MorIpp! and
<br />sba1l eltecute and deliver a Atilfaetory release therefor. '
<br />
<br />IN lVI'J:NESS WHEREOF, Mortpaor hBB e1tecuted thil Mortpge on the ..2.9.tllay of In n ~
<br />
<br />,19..BB.,
<br />
<br />
<br />A~C~ -- ~
<br />~iPOOM.J K ~ ~
<br />Eileen K. Escutia -- ~
<br />
<br />&ate of NebruU, Hall County 81: ~ ~
<br />
<br />On thiI ?Qi-'h day of June , 19JUL, before me, the undemgned, a Notary Public ',j
<br />
<br />duly commissioned and qualified forsald county, personally came Agustin and Eileen K , ~,')
<br />
<br />Escutia ' . to me !mown to be the~~lJ ~
<br />IdenUCII pelllOD(l) whose name{s) are subscribed to the fore,oln,lDltrument and ac!mowledpd the e1teeutlon thereof . ~ ]
<br />
<br />to be their voluntary act and deed. "",,-
<br />
<br />.........::':" m, ..... ... -........ ~d I .'and. NE In Ai'''''''.''' 1 ~ H
<br />
<br />
<br />~ MY~. ~t~~ 71._,,~ fl-_.>j7CV<k~-<..~ ~'~~~
<br />c::> v Mo&u7 PublIc ~'\Th.
<br />;;--- ':fJ .... ".1111 ''-.. J "i.!
<br />
<br />.... ;;: :; cn..._LC" ) (8_ Below TbIa LIne Reoerved For Lender ODd Recorder)
<br />
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<br />
<br />NBC 1081 IND 101 I,ao
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