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6. Time is the essence hereof, and upon Mortgagor : s default in any covenant or agreement of this Mortgage, including covenants to pay when due the sums secured by this Mortgage, the Mortgagee shall be entitled, at its sale option and wi thoqu .notd ce, to declare all slams secured by , this Mortgage to be immed atel.y due acrd payable and _ ma this ccforeclosur Mmence Mortgage b Y �dicial proceedings; and provided further% that upon such .default the Mortgagee, or a receiver appointed by a court, may at its option and without regard to the adequacy of the security, enter upon and take Possession of the Property and collect -the 'rents, issues and profits therefrom and apply ahem f i r°s,t -to the cost of collection and operation of the Property and then upon the indebtedness secured by this Mortgage; said rents, issues and profits being a=ssigned to the Mortgagee as further- security for the payment of the indebtedness secured hereby. 7. If all or any part of the property is sold or transferred without the express written consent of the Mortgagee, Mortgagee may at its sole option, declare all sums. secured by this, Mortgage to be immediately due and payable. S. Any forebearanr_e in exercising :any right or remedy shall not be a waiver thereof. 9.. All remedies provided herein are distinct and cumulative to any other right afforded by law or equity, and may be exercised concurrently, independently or successivel,,, 10. The covenants and Agreements g co=ntained herein shall bind, and all rights inure ter, the respective successors and assigns of the Mortgagor ar- .Id the Mortgagee. 11. All covenants and agreements of the Mortgagor and the Mortgagee are j ui nt_ and several. d. 12. Upon payment of all sums secured by this Mortgage, Mortgagee s-aha,l l discharge this Mortgage and erut e dei i ver a s<ati sfa:tory rel k a�;e therefor. and IN WITNESS WHEREOF, Mortgagor hots axecutead this Mortgage on the ,19th day of June, 1985. ,; 1 cv`X STATE OF i L f;ASk::F�, HALL County 7CJ The foregoing instrument was ac t.r.nowl.edged before men this June 19, 1985 _.�...,.w.._ by Marie Harders, a single person and Francis H. Harders. and Charlotte A. Harders, husband and wife. �a 31 ar y Rub i, i 1, CIO Cn 'v.. � .� g... �., ..,� m, H -�' 9L � e\ Y•1 q\ \o prop. u IIlk prrn,, j tl CD z \.% 4 "� fJy GI)