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<br />r
<br />
<br />
<br />83-"oulU73
<br />
<br />,J
<br />
<br />If the party of the second part voluntarily or involuntarily becomes or is made party to any suit or proceed-
<br />ings relating t.o the pre~ises or t.o this mortgage or said note whereby the maturity of said note and J;1wrtgage
<br />are accelerated then Said party 01 the second part shall be paId accelerated mterest at the rate of :H!% per
<br />annum, providing. however, if the maturity of said note and mortgage are not accelerated in said suit or proceed-
<br />ings th.. en the party of the first part shall reimburse the party of the second part for its re'l'lfnable attorneys fees
<br />and . costs. and such expenses shall be immediately due and shall bear interest at H% per annum. and
<br />shall be secured by this mortgage. This covenant shall extend to condemnation and bankruptcy proceedings as
<br />well as other actions,
<br />
<br />The taking of any additional security, execution of partial release of the security, or any extension of the
<br />time of payment of the indebtedness or renewal thereof shall not diminish the force, effeet or iien of this instru-
<br />Ilreut and shall not affect or impair the liability of any maker, surety or endorser for the payment of said indebt-
<br />edness; that the party of the second part shall have the right to release with or without consideration or credit
<br />on the indehtedness hereby St.'Cured, any part of th,- property herein described hy adeqnate legal instrument
<br />withoutregaro-to-the existence of any junior encumbrance and without the consent of such junior encumhrancer~
<br />and such release shall have no further effect upon the rank, lien or estate conveyed herehy or """"inst the party
<br />of the second part than is therein expressed,
<br />
<br />In the t:\"ent that the mortgaged preinises. or any portion thereoi or any intere~t therein~ be sold or-conveyed
<br />or beeon\e subject to an agreetnent to sell or cunn'~Y prior to the time the indebtedness secured hereby shall
<br />have been paid int'all then the entire indehtedness secured by this
<br />mortgage shall at the "ption of the mortgagee hecome ,lne and p.,yable,
<br />
<br />If aUor an}' p.1rt of the mortgaged property he condemned or taken through eminent domain proceedings,
<br />aU or such pan oi any ;lward ur proceeds thereuf as the mongagee in its sole discretion nlaY determine in
<br />writing, are hereby assigned and shall be !)"id to tl", mortgagee and applied to the payment of the mortgage
<br />indebtedness,
<br />
<br />IN WITNESS WHEREOF. the ,aid tirst party ha ve hereunto set
<br />da}' and year lirst above written,
<br />
<br />their
<br />
<br />hand II
<br />
<br />the
<br />
<br />(,' >, +-//. t:-; .'
<br />.."l.;:I",-~.,...t",<",:,uy.t
<br />/~$tal Yuley ,
<br />/ ' 0, -. 'J h ~. .--. ?
<br />! - <" ".,/// ' ,
<br />#;t'wa:l.y~r'
<br />
<br />...n[S~:AL]
<br />
<br />....,[SEAL]
<br />
<br />[SF-AL]
<br />
<br />... [SEAL]
<br />
<br />STATE 0>' ~EllItASl<A,
<br />
<br />L
<br />J ,s,
<br />
<br />COt'NTY OF t>~.>O..J
<br />
<br />On this
<br />
<br />J:r'
<br />
<br />day of
<br />
<br />nt ~l.
<br />
<br />1963 , h<:tore me, a notary publi"
<br />
<br />in and for said count)', p<:rsonally appeMed ~tal Vaal.,. aDd John M. Waaley. vif. and
<br />.......
<br />to me p<:l'llOWllly kno..'n to be the identical 1"""'''. descril,."j iu and who exttUted the fureguing instru-
<br />
<br />~. as GrantOlll
<br />
<br />_ and acknowledged the ex""ut;un thereof to be their
<br />
<br />,'"luntar)' a"t and deed,
<br />
<br />'" WitIMu my hand and official SQl the day and "ear la.t al1o.... written,
<br />
<br />~.=t,-.,rt~tHH'HH~~~~H ,
<br />
<br />N~ Pdb..~.. ..... fitf' sm.J t '';Illft.~
<br />
<br />\I,. ~OlIioo..xpiRs
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