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A <br />87- 103693 <br />or therefrom during such time as the indebtedness secured hereby <br />remains unpaid shall be applied by the Mortgagee to the payment <br />of such indebtedness including amounts deemed to be a part hereof <br />as set forth above. <br />Any failure or delay of Mortgagees to exercise any of <br />Mortgagees' rights or privileges under this Mortgage shall not be <br />construed as a waiver of such right or privilege. Any act of <br />Mortgagees waiving any specific default of Mortgagors shall not <br />be construed as a waiver of any future defaults. <br />Mortgagors shall furnish Mortgagees with proof of payment of <br />the real estate taxes and special assessments and of the <br />insurance premiums for the fire and extended - coverage insurance <br />by mailing or otherwise delivering to Mortgagees copies of the <br />receipts evidencing payment of the real estate taxes and payment <br />of the insurance premiums within twenty (20) days after payment <br />of the taxes and insurance premiums each year. <br />Mortgagors shall not commit nor permit any waste on the real <br />estate, shall keep all building and improvements in good repair <br />and Shall not impair or permit the impairment of Mortgagee's <br />security in any way. <br />Mortgagors agree Mortgagees have the right once every three <br />(3) months to inspect the real estate during reasonable day light <br />hours and to enter upon the real estate and improvements for the <br />inspection. <br />Any award made by any entity with the right of eminent <br />domain in connection with all or any part of the real estate or <br />improvements thereon is hereby assigned to and shall be paid to <br />Mortgagees. Mortgagees may at their option apply such award to <br />any principal or interests secured hereby or may release such <br />award to Mortgagors. <br />All covenants and provisions contained in this Mortgage <br />shall be binding upon and enure to the benefit of the Mortgagees <br />and Mortgagors and their respective heirs, Personal <br />Representatives and assigns, provided, Mortgagors have no right <br />to assign any of its rights or obligations under this Mortgage <br />without the express written consent of Mortgagees which shall not <br />be unreasonably withheld for assignment to a financially <br />responsible person, firm or corporation. <br />Dated 1987. <br />n D. Strong ( Janet g. Strong <br />3 <br />. I <br />_. <br />