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<br />fE' That In the eveni. any awards ,~r:. made to i-he Mortgagors Or their successors IrY interest for tak in$ or daalaging
<br />Gy the 2xerc ise oi' eml ne;+t domain the whsle err arty part of the mortgaged uremisas or any easement therein. the-~saia
<br />awards are hereby assSgned to the Mortgagee; the Mortgagee Ys hereby authorized 'o collect, receive, a:id r?ceipt
<br />therefor and to apply the same in payment ct any Sndeb tedness, metered cr unmatured, soeurod by this mot t./age.
<br />71 Thac ir, the event Mortgagors defaulc in the payment of said principal sum, or of any inaGallment Cherecf, o
<br />of aryy interest Chereon, ac the time when the same shall be due, or '.vi th respect to acey-coven3l[L br cof3ditSOn t:e.^e~-
<br />of, then, at the option of Mortgagee, the entire 'ndeb twine ss secured h=_reby shall forthwith hebome tlue erld Cayat le,
<br />shall Dear Interest at the default rate described Sn said note, and the Mortgagee may immediately..tpreolrse triis
<br />mortgage or pursue env other avallsDl.e legal remedy. -
<br />(8) Thst In the eveni ar. ti ctt is Drought to Foreclose this mortgage, the Mortgagee shawl--be _e9blcari t-c irtinerll ate
<br />possession of the mortgaged pr?raises, and the court may appoint a receiver to take'. posse3'~Y6?i-of said pre^1ses,vel th
<br />the usual powers of receivers in like cases.
<br />(yl Thar, failure or delay dP Mortgagee to exerctsa any of its rights ar prSviieges sha21 aoL be construed as s
<br />wstver thereof: th st 'any sr.t of Mortgagee weiv ing any- specific default of 7lbrtgagors sYiai-i ndt-be c~~ns tr;+.ed'as a-.
<br />wal ver cf any furure defaults: titer, 'n case. of default in the paymenx nt any amorgizaL,YOn`dgstal lmer,ts o^.±nteres t,..
<br />or in case cf payment by Mortgagee cf sn;/ li er., Judgmen t, tax, insurance, cost or expense, or~r8:as, tee^ cr'olrarges;
<br />said Mortgagae shali have th^ priv ileac, with nut declaring the whsle indebtedness due and gayab le, to fc?-eci ose on
<br />account of su^h snecl tie def a?alc for su rh sums as are 1^ default and such foreclosure proceeQ:ngs msy pe .had. a~r7
<br />the land described herein may be s^16, suDj est r,o the unpaid lndab tedness hereby secured, anG thi ~- mor t~=ge shall'
<br />continue as a lien for arv uapald t:a iae~:e.
<br />(SC) ;'..^.at. the Mortgagee nay exte.^.d and r:z"er Lhe maturity of a.[rd renew and reamorti ze said: 1Ada.D "-adness,rel°ase
<br />trcm liability any „arty '_iab le there cr:, and release from the lien hereof bcrti ohs of thepi'ope£fY ::overed hereby..
<br />without affecting the pri DrSty hereof c e ltability of Slar[gagors ar arty other party for tfi~e payment of said
<br />1r:deb tedness, ell such ex tors Saes, :.e:'br;~e.; ~„ ren esais, and reamortizatlens to 6e secured h°reby..
<br />1.1) Transfer cf Secvrl ty- 74 Is ,.gee ed b?rween the parties here to, their heirs, legal repres9ntaF lv'es -tndaas iE97s,
<br />that the integrity and responsibi'ity of the Mortgagors constl E:ces a pert of the consld€f'sLicn f-or ?.he Hato sacered
<br />+. ,,.tKao,: ...
<br />hereby, and rhea she ~=ves*. - - ^:a it se L , transfer, or convey the property described here] r., ctie
<br />Mortgagee may t it ~rtio^ .iFCl°re^~r, t;e ~_ in.iebtednoss immediately due and payable wad may Arne eed in tno en-
<br />forcement e_ .... ^!ghts as ^n ariv other dot-;ult. +.r: the terms of the note and mortgage.
<br />e_; ~ ^c_
<br />(S,',) :AS S: games t. zf Froce - 'se. Mer cgagcrs hereby t^ans ..*er, set over, and convey to 'Mcr[ge geeal.1
<br />it
<br />rents, roy ait`as, c~^usas, 4r - 1., r^or ., -, y :rom e cc time Geccme due and payable under ar,v c gas,
<br />or other m- oral. to-- ~~~:} in.. r,?:v E• _ thsc may !:eresf ter come ;n to existence, eover1ng the. atro~ra. land
<br />t,;
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<br />or any part th rr oaf. _ -. .ao rsce l': ad T.,v ^~cgagee _hali ba applied to the Sndeb tedness seCUTP.therebti: o^
<br />saltl Mnr tgagee m°Y '_ ~~-~ptior,~t:~rn c; ani ': '1~'rer t. the Mortgagors er choir successors 1ri 1titE3'e°^, any Dr ail
<br />~t such sums wiF.^c+-t :~e,.-~~".. .o _z3a rtgh ~- rafce a;rd rem win futtme sums, and without ,~ -r.+>dl -e
<br />to any et its tth?r ~-h s :-.~~,- -[.i: gage. ;n,2 'r=ns 'd conveyance hereunder to Mortgagee OE Sai rents.
<br />roi'e•Sties. bonuses, sn' ':v nc-eye ~ -oe ~: ~ru e^. t:--~ be ~ n"ov tslon 1'or the payment or reduction of trio morr_
<br />os-
<br />e;age debt, suq'ect t-- - .e ~,or [, ~g- here t•:barora -~. r~; ded, Sn"e;;endert f the mortgage lien on saYd r-e al
<br />estate. t>pen ;ay~nea[ frill the nor tgs;e=_ debt snd t.~ .___,_., ..° chls mortgage ct record, this eonveyane2 sSLa11
<br />bcsome roan .?tlve ..... :7t ^e i.:r i,h e- ..,roe ..... _, rect.
<br />-1 ,.u fhras=~ - -.. - .. __ - :-'+,ca! i b~ '.-ued as in. the sivtgu:ar or ~txsarC'Z
<br />.n.-i A 6 d .r, _ _~.
<br />~itchell D: Meier
<br />T-_.~ /~ l- oily J. Meier
<br />_ :ea:,
<br />~ ~Ly_ Edwin Meier
<br />Shiriey Meier
<br />a: rnl ~~. ~~ _-.-___, ,_.. .. t~7. ,.___~ _ ,:o rs[y °ub 11.- ... and _„_ .,aid j'aunty' and
<br />Stace, aer;;;n,ii,r :,,_ _..-.._ Mitchell_D._ Meier and Kimberly J. Meier, husband and wife, and
<br />Edwin Meier (also known as_Edwin E. Pieier) and Shirle;~Meier, husband and wife,
<br />_ .,.. ., .- ._-:ng
<br />en me kucar - on: :,. ~~ ~~,.- ::..°r:^:a-,t, fl-a'W;cs_e9ged tt it .t;ey executed
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