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(0) That In The event any awards ar
<br />by the exercise or eminent f-' ma/JO,tc time MOrtFagors or their successors in Interest for taking
<br />or any part. of the mortgaged 'premises Or any easement therein, the said
<br />�19 aging
<br />i
<br />awards are hereby assigned to the Mortgagee: the Mortgagee Is hereby authorized to collect, react and receipt
<br />I e,
<br />and to apply the same In Payment Of any Indebtedness, matured or uumatured, secured by this'mortgage.
<br />therefor ,
<br />(7) That In the event MOrtg9go-,a derault In the payment. of said principal sum, or or m.y Installment
<br />Of any Interest thereon. at the time when the same shall'be
<br />Of, then, at the Option or Mortgagee, due, or with respect to any covenant or con "or"' or
<br />re--
<br />described In said note, due and payable
<br />shall bear Interest at the default the entire indebtedness secured hereby shall forthwith become d1tiM b�
<br />rate and the Mortgagee may Immediately foreclose this
<br />mortgage or pursue AV other available legal remedy.
<br />(6) That In the event action Is Drought to foreclose this mortgage, the Mortgagee shall be entitled to Immediate
<br />Possession Of the mortgaged Premises, Andthe court may appoint a receiver to take possession of said premises, with
<br />the usual Powers Of rOcelvers In like cases.
<br />(9) That failure Or delay of Mortgagee to exercise any or its rights or privileges shall not he r a nstruel as a
<br />waiver thereof: that any act of Mortgagee waiving any 3POCIfic default of Mortgagors shall not b construed as a
<br />interest,
<br />waiver Of any future defaults: that In case of default In the Payment of any amortIzfttlon Installments or t
<br />Or In case Or Payment by Mortgagee or any lien, judgment, tax, Insurance, cost or expense, or rents, fees or charges,
<br />said O Mortgagee 'hall have the priv loge, without declaring the whole Indebtedness due and payable, to foreclose on
<br />account r Such Specific default for such Sums as are in default and such foreclosure proceedings may be had and
<br />the land described herein may be sold, subject to the unpaid Indebtedness hereby secured, and this mortgage shall
<br />continue as a
<br />lien for sly unpaid balance.
<br />fl()) That the Mortgagee may extend and defe• the maturity of and renew and reamortize said Indebtedness, release
<br />From liability any Party liable thereon, "Old release from the lien hereof portions of the Property covered hereby,
<br />without arrecting the ,�:rlorjty hereof c�r the liability f 0
<br />Indebtedness. " such renewals, Q Mortgagors r any other party for the Payment of said
<br />i
<br />Tr"tnsfer or Security. It and reamortl7atIons to be secured hereby
<br />rhAt the nntegr!ty and agrtl" bPtl"On the Parties hereto, ttjelr heirs, legal representatives and assigns
<br />a
<br />I ors constlturP�s a PPP' of the consideration fo
<br />hereby a. �11`110111t.Y of 'he Mortgagors
<br />'Jil that In pv4�r!!. tlie Mnrtgagor�,, ::ha ,
<br />Mortgagee Tay -tt �ts 0 r the note secured
<br />,1,rl 11 t-51"sf0r, ur convey the Property 1�escrlbeC herein, the
<br />a the OntU'P Inlebtedne I cs I mmed I at p. I y due and
<br />rl,�htr,, as payable Rnc I may Proceed In the en-
<br />�A.her ;!Praillt In the terms Df �he note and mortg' age.
<br />Asslmment i)r,:��eedP 'f 11'n,,nal i,e,.isie.
<br />rents, an, moJ!,?Ys t!la! mp hereby transfer, set over, anI convey to Mortgagee Y 'Ire to rime become n r an . a
<br />:ee all
<br />g. s,
<br />at ht�-e9frpr �!ome L-x!Sten�'e, oc'iering he above land
<br />.oa�,e of e_ny non -111' " -I 1-11yable under
<br />Or ��ar* therPof. All �:, h recolll� b.,
<br />Morr, !Ne 'ndeb'-el-ess :'erured hereby; glgpe may at !tn �)r!? 11,n '.orr. ovqr le! 1VI, r, 'Irs t�r r
<br />of Wittou" ;,rel:l�li,p t,) �, ,
<br />11 -11, '.1 1�")rtgapree 1.7 71!izhl,� ,ar-
<br />t � ar.,y " r I , , " - _ - - In Interest, anL" or all
<br />ro, Br --h f�.,t":re sums, auld without prejudice
<br />11;�n ". s� es , e !P".y i_.,
<br />1.. Yn ptg,
<br />,jpee ), en a
<br />'YMeNt )r r - , said r t
<br />e 1!eht. -z"!ee! edu,"*ticn of the mort-
<br />estate. UTC;n -,,sly-ment I.r., -ul, mcrtgage 11 on said
<br />it
<br />te'!OmP lnnper�ttive
<br />-!'d Fl,, f%r?r '.*,,,r,(-., an� :rrec,. record. th!n conveyance shall
<br />'Wd in the cineula, Or pjs ,al
<br />Ant eynolds
<br />__��Ijp ��V, ��
<br />i5;i , _
<br />'R �ynld
<br />Gertrude Gertrude H.
<br />-4
<br />k.
<br />kn
<br />............. -------
<br />I in ty ••nj
<br />An t F • Reynolds and Gertrude H. ReYnolds. husband and wife.
<br />IMM OWN pm
<br />V
<br />
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