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7. Q:l>Ild~mnal;ion. In the event t.>ie Property, or any part the~of, shall be taken by eminent domain. the Mortgagee is eIll'powered to conect and ~ceive all compensation which may be paid for llllY property taken or for damages to property not taken, and Mortgagee shall apply such compensation, at its option, either to a reduction of the indebtedness secured hereby or to leJ>air and resto~ the property so damaged. 8. Perlomtanc:e by Mortgagee. Mortgagee may, but shall have no obligation, to do any act which the Mortgaj;lor has agreed but fails to do, and "Mortgagee may also do any act it deems necessary to protect the lien hereof. Mortgagor ~ to repay, upon 1iemand, any sums so expended by the Mortgagee for the above PUtpQSe5. and any sums 50 expended by tne Mongal.ree !!ball be added to the indebtedness secu~d be~by and become subject to the lien hereof. Mortgagee shall not incur ~tny personal liability because of anything it may do or omit to do hereunder, 9. Defalilt; Alli5ignment of Rents. Time is of the essence he~of, and upon Mortgagor's default in any covenant oragreilmeElt oithis Mortgage, including covenants to pay when due the sums secured by this Mortgage, the Mortgagee shall be entitled. at its sole option and without notice. to declare all sums seemed by this Mortgage to be immediately due and payablellnd~y eommffice fOllitclosure of this Mortgage by judicial proceedings; lind, provided further, that upon such default UreMortgagee, or a receiver appointed by II court, may at its optkln and withQut regard to tbe adequacy oftbe SIleU:rity, entt'r upon and take possession of the Property and collect the ~nts, issues and profitstherdl'Om and aPPly them first to the cost ()f collection lImi oj>(lration of the Property lInd then upon tbeindebtedness secured by this Mortgagee; slid rents, iSlIltes and profits being alliSigned to tnl! MQrtgagl!'e as. further security for the payment of the indebtedne:Sll' seel1rM hereby. 10. 'l'rainSffl of Property. [f all or auy P<1lrt of the Property is sold or transferred without the express wrfttencon- sent of tbe Mortgagee, Mortgagee may at its soll~ option, doolare all sums secured by this Mortgllgeto be immediately due and P1lyable. . 11. Futu:re AdvaneC!l'l, Upon requE',St of Mortgagor. Mortg~ may make additional and future advances to Mortgagor. Su>en .I\dqnces, with interest thereOll, sllal.! be St'Cured by ibls. Mortgage when evidenced by promllli5ory notes" stating that said nates a~ !>ecured hereby. At no time shall the principal amount of the indebtednC!l'ls secured IJythis Mortgage, not il1eluding slims advall~'t>d to prot;ed till! ~>cul"il;y of this Mortgage, exceed the original .Note. 12. Miscellaneous PrOVOOOM. (a) An)' fo~beant.nce in e.x.erci:sing any right or l'li!medy shan not be a waiver thereof. fb} AIl~medies provided herein are distinct and cumulative to allY otherrigbt afforded by . law or equity, and may be exereisedoollcurrently, illdependl!lltly or successively. Ie) The OOVenlll1ts wd agreements contained herein shan bind, and the rignts inure to, the I'ellpective succeSlSors and 111iSign.~ of the Mortgagor IInd Ihl! Morlgaget!. (d) All cmrena.ilts and agreements of thE' Mortgagor IIrn joint and Sl~veral. (el The helldingll .of the paragl'llphs of this ~t()rt.gll.gl! are for convenience only and shall not be used to Inter- pret Ilr define the pro'l'j~IOIlS heteoL 13. R.eiltlllSe. Upon PllYllllJflt. of all ~\lms $I~cured by this Mortgage ,Mortgagee shall discbarge this Mortgage and shall exeeuw ll~,d deHv"lr II sabsfactoryn>ltlase therefor. IN WITNESS \\'lmREOf', MlJrtgllgor hllllexel:ul.I'd this Mortgage on t.he~~""" dllY of."~~~.:....."...._, 19 .~~, JL "."""';E~:-l~~~.-'""-'""--"'--ii;;:;;;:.;;; x Bcnower State of N~ s.,'.;;: on this dll)' of ____,._",J.U.ll.fL___"_._""_. 19.H3..,"", before me, the ulldersigned;ll Notary Public dlJij>~cflled lIlld qUlll:l.filldlor said cm.lllty, personally (~Mne ~..J.!l:!tL)C_~......_J.j,tn.~LJillLM.a~_~s.e n . the