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ABSICLE v X34 ^-" ~ i ~ ~,~ 0 0 5 3
<br />Mzsc~rr.attEOUs
<br />{. SECTION-1, It is hereby declared to be the inteatioa of the Mortgagor
<br />.that all lines, or"aystams, embraced is the Mortgaged Property, including, without
<br />limitation; a31 rights of way and easemsata granted or gives to .the Mortgagor or
<br />obtained 6y it to use real property is coanectioa with the construction, operation-.
<br />ar;maiatscsaaca'q! such liaee, or syttame, sad all aezatce and connecting lines,
<br />pt+l-a; pasta; gross arms, wires; c~lea; conduits,.ducts, co~cctions and""fixtures.-
<br />forming part o£, or used in connection with, such lines; or systems, and alI_bcher
<br />property- physically attached to-any of .the foregoing-described property, shall be
<br />deemed Lo be real prapezry' .
<br />SECTION' 2. All acts and obligations of the Mortgagor hereunder shalt ~e
<br />subject to all applicable orders, rules and regulations; nav or hereafter in effect,
<br />of all regulatory bodies having jurisdiction is the pismires, to the end-that. no
<br />" act or omission.to act on the part of the Mortgagor shall constitute a default-
<br />; hereunder insofar as such act or omission shall have been required by reason of
<br />" any order, rule or regulatior. of any such regulatory body.
<br />SECTION 3. Ail of the covenants, stipulations, promises, undertakings
<br />and agreements herein contained by or on behalf of the Mortgagor shall bind-its
<br />successors and assigns, whether so specified or not, and all titles; rights and
<br />remedies hereby granted to or conferred upon the Mortgagees shall .pass- to and inpre
<br />to the benefit of the respective successors and assigns of the Mortgagees and shalt
<br />b® deemed to be granted or conferred for the ratable benefit and security of-all.
<br />who shall from tfine to time be the holders of notes executed and delivered as
<br />herein provided.
<br />SECTION 1. The descriptive headings of the various articles of this
<br />Mortgage were formulated and inserted far conveaieace only and shall not be deemed
<br />to affect the ~u aping or construction of sap of the provi.sioas hereof.
<br />SECTION 5. A21 demands, notices, reports, approvals, designations or
<br />directions required or permitted to be given hereunder shall be in writing ant
<br />shall be deemed to be properly given if mailed by registered mail addressed. to the
<br />proper party ar parties at [he following addresses:
<br />As to the Mortgagor: ?s stated in the testimonium clause hereof.
<br />AS to the Mortgagees: The Bank:
<br />Rural Telephaae Bank
<br />c/o Rural Electrification Administration
<br />Washington, D. C. 20250
<br />The Government:
<br />Rural Electrification Administration
<br />Washington, D. C. 20250
<br />sad as to any other person, firm, corporation-. or governmental body or agency having
<br />" as interest herein by reason of being the holder of say note or otherwise, at the
<br />last address designated try suck person., firm, corporation, governmental body or
<br />agenep to the Mortgagor and [he Mortgagees. The Mortgagor az the Mortgagees may
<br />£ram time to time designate to-one another anew address to which demands, notices,
<br />reports, approvals, designations oz direetiana may be addressed and from and after
<br />any such desigaatioa the address-designated shall be deemed to be Che address of
<br />suck-party in 31eu of tke address hereiaabave gives. The Mortgagor will promptly
<br />notify the Mortgagees in writing of say change in location of its chief place of
<br />buarineas or the office where izs retards concerning accounts and contract rights
<br />are. kept;
<br />SECTION 6, The invalidity of sag one or more ghrasaa, clauses, sentences,
<br />paza8~apha az provisions shall not affect the remaining portions of this Mortgage,
<br />nos shall any ouch i:svalidity as to one• Mortgagee oz as to any holder of notes here-
<br />under affect .the ri.ghtg hereunder of rlta other t~EOrtgage+e or any other holder of notes.
<br />SS4`TTQN.7. This Mortgage map be simultaaeouslg ezecuted is any number
<br />a1- aata~tatr'~tar aad ;all sa4d cocottetparta ea$cuted and- delivered, each as an ori-
<br />giaal, shall cc~tieute but one and..the-same iastrsuueat.
<br />r ~ - lg -
<br />TICS - Orig+ O`aimmnn &MA ' Tal. Semk. Mtg., ~''?
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