|
<br />
<br />!'''''-~'-'''''''''''~--'-''''''''''-~._~t'''__''-'"<'.____'___''~~'''~'H'~__'_'.~___"'-('"-''' ~'-_.,~. _'~'__'____...""" "'_, ~.....,,,_. ., ,'dh.,""_ _~~,""~__'N."
<br />- ,.__~___"""""__--'_-"'''''~~,*'''''~_~_.~~~~_<.''-'_,~~__,_,_'O"''~~__"_""~,-"""_,~,""~_"_",,,,,,,,
<br />
<br />;:",".:;;,",::,,;;:;:,;:;,"::;::,"o;;:,:;~:~=::J1YJ.31::i g
<br />
<br />(61 Tllat In the event any awards are made to the Mortgagors or theIr successors In Interest for takIng or damagIng
<br />h:r 1;lleexerc1saot emInent domaIn the whole or am' part of the mortgaged premIses or any easement tllereln, the saId
<br />awsrdll'are herebyass1gned to the Mortgagee; the Mortgagee Is hereby authorIzed to collect, receIve, andrecelPt
<br />t~etor 8Xl<l to apply th.esame In payment of any Indebtedness, matured or unmatured, secured by thIs mortgagli.
<br />{7rThatllt tll!! event Mortgagors default In the payment ot sal<l prIncIpal sum, or of any Installment thereot, or
<br />ot'e:ny'Jnterastthereon. at the. time When the same shall be due, or With respect to any covenantor condItion he1'e-
<br />"o.t,~ 'th'en; ato the,_ -C'l)tl:mi. of Mm'",tgage_e. the, entlre-'-lndebtedness secure-d hereby Shall forthwIth become due and p,ayable;
<br />$balk belt!:' IntereSt at thede/ault. rate descr1bed In sa1d note, and the Mortgagee may ImedlateJy toreclosethls
<br />$lrtgl<gI<' 0:,. PUrsue any other .vallable iegal reme!ly .
<br />fJ'jymat-lJl t)le.event MHon is brought to toreclose tIlls mortgage, the Mortgagee shall be entltledtolmedl'ace
<br />p.osseS,slon::'-Q-t-/-the flJ9r:'tgaged'_ premises--, and',the- -court may appoint a receiver to take- possession _at, sa1d '_ premrses~-.:,with
<br />t1).e>-usaal- powers of rece1v-ers- in ,-lIke case3~
<br />(9L mat ralh\reordelayof Mortgagee, to ex<!rclse any ot its rights or prlvlleges shall not. be construed.a-sa
<br />wal-vertlnwe"f; that any act- otMonga!;<le waiVIng any speclnG default of Mcrtgagors shall.not beconstruMas a
<br />wa1._ver - of- - atl-Y:.:future- de.t:aults: - that In- case <?f-_default in the: payment of any amorttzatlon_ installments or' Int_erest'
<br />qr--lri--_case,-o,r pay:ment~,'bY,-MortgageB_ ,of, any-Hen. .judgment. t.ax, insurance, cost or expense', or--rants. fees- 9r- charges--:
<br />saltlc-MOrtgagee, shalL 'have th-e' prtvtlege; without declartng the Whole indebtedness due- and payab1e-i to foreclose'''on
<br />account',:_.of- 'spch_:--sp-ec_l!lc default 'for such suw.s - as are In (1efanlC and such _f-areelosure proceedings m'ay _-he',had: and.
<br />the land- -qescrlbed hereIn -may 'be - sold. 3ub,1 ect to the unpaid Inoebtelli"1esS hereby secured. and- thiS mortgage Shall
<br />contlin.!e'a:s a lIen tor any tmpald balance.
<br />
<br />(IIOTa.s and phmses neretn. :'l1C ~''UdtnJ'J the (.wkn.ow~pip-<1ent hJ?H?Of. s,J.w L l
<br />numbers and as ma~cu.ltr..e. +"''Wint~--2, 01""' -,.euter (eruier, according to the
<br />
<br />construed as in
<br />
<br />the singular or PluraL
<br />
<br />
<br />'(10) ':ThS-t'-_-,the -Mortgagee. may extend- and defer the maturl ty of and renew and reamortlze said Inde_btedness, release
<br />from--llab-.\,l1ty -any party liable thereon, and release_ from the l1en hereof 'portions, or the property- cQvere-d hereby:;
<br />wltno-ut- attectlng tb'e priority hereof or the Itahillt)' of Mortgagors or any other party for the --payment .or-sald
<br />Indebtedness. all such extensIons, deferments. renewals, and reamort1zatlons to be secured hereby.
<br />
<br />{u) _ transfer o! - Securlty. It 1s agreed 'between thO part! es hereto. trJelr helrs', legal representatives and asslgn~,
<br />t.hat _the integrity, and responelb.11lty of t.he Mortg-agors const1tut-es il part-o!' the consideratIon for the, note_ secured
<br />hereby. and. that in the event the Mortgagors shall sell. t,Rn2fer. or c~onvey the property descrlbea herein. the_
<br />HOrtgagee .may_ at its optiDn declare the enttre Indebtedness .lmmedlately due and payable and may proceed in -the eri-~
<br />fore-ement of--lts rights a.s on afl.y other default 1n the terms of the note and mortgC'..ge.
<br />
<br />{121 AS_slgnme_ot or -Proceeds or MLrler!il Lease. Mortgagors hereby transfer. set over, and convey. .to. Mortgagee,:_,a~ll
<br />rents-, r-oy,altles, bonuses. and de-lay moneY3 that ll1a:y from time to tl1:lB become due and payable- under any 011.. _gas.-
<br />or other Jlllneral lease of an~ klnd now existing i)r' '~:lat may hereafter come into exist.ence, covering the above land
<br />or any: p_firt, thereof. All such sums .$0- rece-1ved by ~tortgag€f' .shall r)e applied tc the indebtedness secured her:eby; or
<br />s~d.- Mortgagee may at Its option t.urn over anti deliver to t".tre MO'tt'?;8.gors cr their successot"s in Intere'St"any-or- all
<br />of_ SUCh sums-w1tlmut prejudice- too any of Mortgagee's :-lghts l.D take and reo::.aln future sums, -and-Without prejudice
<br />to any oJ its other rights under this mortgage. The ~TanSr~;r ,trtd ,:::onveyanc-e hereunder to l"lortgagee of said rents.
<br />royaltl.es, bunuses. and -delay -moneys shall be construed to be ? provIsIon tor the payment or reduction of the,mort-
<br />gage-debt-. .sub:j~ct to the Hortgagee's option -::ts :lerel~lbef0I'e provi,jed, independent of the mortgage .lien on said rea.l
<br />estate. U'P-an payment 1n full of the mort,gage debt and tlw- release D.f t.his martp;age of record. this conveyance' Shall
<br />become'inoperative and or no furt.her force and Affect.
<br />
<br />{SEAL l
<br />
<br />i
<br />
<br />lL<<-1'1 'L~A ~ A~(SEAL)
<br />'~ ~Ma~.r.
<br />EALl
<br />Nono Alice Minor
<br />
<br />(SEAL}
<br />
<br />{SEAL}
<br />
<br />(SEAL)
<br />
<br />fSLt.L}
<br />
<br />(SEAL)
<br />
<br />STATE OF ~~, - . } co
<br />
<br />COUl/TY OF ~. ..'.'~'
<br />"Ur 1/
<br />Ol tlliS~d"Y of q( ~
<br />
<br />A.D~. i9.8L. before :'h':, :t Notary PubliC in and for said County and
<br />
<br />State. personally appeared.
<br />
<br />Mary Marz Minor, a sin~le person. and Nono Alice Minor. a single
<br />
<br />
<br />td:-t(et the -Pi3rS-Ons u~ In and \'!!tlO €xeClJt.ed
<br />,~~~V{)1Un-t~,- acto-and deed.
<br />;Or 0
<br />~;jJ:e$. A.. '/1';. /~ g~
<br />
<br />the foregoing Instrument, 8!]U aCknowledged that they executed
<br />
<br />Q~~~$ ~
<br />,.,;LtVM t3,;;~
<br />i1yp_e, Of" -prlnt name under -s i9na,t1..lre}
<br />Notary ?ublle In and for said
<br />
<br />
<br /> <:,,,
<br /> "
<br /> ~
<br />~ I ! c. S
<br /> d x
<br />e I '" 5
<br />.. ,,, 0
<br />CD .. I '" '" '"
<br /> '" <:~ fil
<br />... .. I '"
<br />e-. ,$ i I -i -, '"
<br />:5.c:~ ! -. '!:; '"
<br />'.2,--~- 1'.: 1 p '"
<br /> I " '"
<br />~'- ~:'-~, !l: 0 fi
<br /> '.f
<br />ic.~ I ~ ..
<br />~. '-! '" "
<br /> I ff
<br /> "
<br /> '"
<br /> '"
<br /> ~
<br /> 5 ~i
<br /> :" >-~. r;; !~
<br /> '" B ;~ .~
<br />
<br />
<br />
|