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<br />(6) That in the event any awards are made to t.he Mortgagors or the1r Successors in interest for takIng or damaging
<br />by the exercise of eminent domain the whole or .rmy part of the mortp;aged premises or any easement therein, the sald
<br />awards are hereby assigned to 'the Mortgagee; the Mortgagee 1s hereby authorlzed to r.:ollect. receive, and receipt
<br />ther~ror and to apply the same 1n payment ot MY tndebtedness. matured or unmatured, secured by this Iflortgage.
<br />(7) That 1n the event Mortgagors defa\llt 1n the ~ayment of sa1d prlno1pa1 sum, or of any installment thereof, or
<br />of any interest t..hereon. at the time when the same shall be dUP-, or with respect to any covenant or cond1tion here-
<br />of-, then. at the option or Mortgagee, the enUre indebtedness secured hereby shall forthwIth become due and payable,
<br />sball bear 1nt<lrest at the default rate descr1bed !n said note, and the Mortgagee may !nunedlately foreclose th1s
<br />mortgage or pursue any other ava.lla.ble legal reme<l,v.
<br />fa) That In- the event actlon ls broUght to foreclose thIs mortgage, the Mortgagee shall be entitled to lmmediate
<br />posseSS!on- of the mortgaged premIses, and the court May appo1nt a recelver to take possessIon of said premises, wIth
<br />the u:Stial powers ot receIvers 1n llke cases.
<br />(9)_ That failure or delay of Mortgagee to exercise any of 1 ts rlghts or prIvlleges shall not be construed as a
<br />waiver thereof; t.hat any act or- Mortgagee waIVing any spec! fie default of Mortgagors shall not- be construed as a
<br />wa-!ve-r- ot any future defaults; that 1~ case of default in the payment of any amortization Jnstallments or- interest,
<br />or 1n case of payment by Mortgagee of any lien. judgment, tax, insurance, cost or expense, or rents, fees or charges,
<br />said Mortgagee- sha.ll have the prlvllege, without declaring t.he whole indebtedness due find payable, to !oreClose-' an
<br />aCCount of such specific de-fault 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 t.he Unpal!l indebtedness hereby secured, and this mortgage shall
<br />cont1nue as a lien for any unpaL1 balance.
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<br />Cl0) That the Mortgagee may extend and defer the maturl ty of and renew and reamorttze ;:;ald Indebtedness, release
<br />from IJ abl 11 ty any party llable thereon, and f'elease f~'om the 11en he!"eof portions of the property covered, hereby,
<br />without affect1ng the prlorl ty 'hereof or t11e 1 tablltty 0f Mortgagors or any other -party for the payment of sald
<br />1ndebtedness, all such extensions, ::1eferments, renewals, and rearnort1zatians to be secured hereby.
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<br />(11) Transfer of Security. It is agreed be'.:ween ti)1? parties hfTPta, ~,rlelr he1rs. legal representatives and assigns,
<br />that the integrity and responsibility or the Mortgagors constltut.es a part of tlle consider-atlon for the note secured
<br />hereby, and that in the event We Mor'tp;agors Sheill sell, Lransfer, or convey the property described herein, the
<br />Mortgagee may at tts oPttOD declare tIle entire indebtedness lmmedtatHl.v cue and payable and may proceed 1n the en-
<br />forcement of lts !"1ghts as on -any ather det"aulL In the terms of the note and mortgage.
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<br />(12) ASSignment of Proceeds or MIneral Lease. Morr.gagors hereby transfer, set over, a..'1d convey to Mortgagee all
<br />rents. royalties, bonuses, 3.nd delay moneys that tnli,y from nme t.o t.1me become due and pa.yable under any oIl, gas,
<br />or other mlneral lease of any kind ;10W exlst:ng (Jr' triat may ll-ere3.rter come lnto existence, coverlng the above land
<br />or any part thereof. All such sums ,so received by :'10T"t2;agee :;hall be applted to t.he tndebtedness secured hereby: or
<br />saId Mortgagee may at lts opt-lon turn over 3.nd deliver to the Mongagors or t1Jelr successors in Interest, any or all
<br />of such sums wlthont prejudice to r',r Morcgagee t~ rights L1 ta.l<e .f!.nd retain future sums, and without prejudice
<br />to any of 1 ts. other rt~t~ under mortgage. Thf:' tr~msf8:- ,'!nd ':0flveyance HEr'Junder to Mortgagee of saId refits,
<br />royalt1es, bonuses, a..'1d (:elay moneys shan be construed be provIsIon fOT" the payment or reductIon or the mort-
<br />gage debt, subject to the 1'1ortgap;ee IS opt1on as hereInbefore r;:'l1vlded, :nclepenie!1t. 01' the mortgage lIen on said real
<br />estate. Upon payment 1n full of t,he mot'cga;;Z;e Jebt and thf> n'le,':!se ('.! this ~'}!~tgage of record, this convey?..nce Shall
<br />become inoperatIve and of no :tiJrt-h€:; force and Affect.
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<br />(flo--n'1s ar.d phrases hereir., i'!lCL';i/iin.p the llcknOlt.,L,d(1Jr,-.'nt
<br />r.'U/ltbe-rs and as :i'lasc'U [,il'..e, :'f>-min i1'".e . 0'" l'1.eu~e"'- pe-rrie7',
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<br />on thiS Shnay or /!PICIL.
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<br />. A.D.. .1~l,gJ, t>Jfc!''O' ;1':0', a t--;atat--y P;~bl1(' in and for ~:;ulti Count.y and
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<br />State, persona.lly a-ppeared
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<br />Delbert L. Martens and Eleanor Martens, husband and wife,
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<br />to me known tobe the persons named in a-n;j who ex('-c-utr.j the fore_-;olng ln8tr~H'1eHt. .:indackn-ov\led.ged that tl1ey execut.ed
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