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<br />7. C.0ad9mnation.ln tm. event the Property ,orany parttb,ereof, sball be,.taken by eminent domall\,the M~
<br />iselllpQWeredto.eollect and receive a1leompensationvmieh maybe paid.foranYPIQJl<lrty takencor fordamagea to;~. ,;'
<br />not taken,andMort.gaget>slmlr applysueh' COJnR!'lWltlOa, atits option, either to a reduction of ~ indebtedn~ ~
<br />hereby or to repailand ....torethe property so ~
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<br />8.l'l!l'fqrmanee byM<Iftg..,ee.Mortpgee 1IlJlY, M shall haw no obligation, to doanyaetvmlchthe M~r
<br />haS ~buUallsto dO,and Mortg&fee may. also do any act it deemallecessuytoptotectthllli~;hen>of.~~;
<br />agrees to ~y, upc:lIldellland,.anysnmssoexpendedbY tbeMonppeJortbe above purpOses, and anysu~no~lLi4'
<br />by thllMot'tgagee withe aaded to the ifuwbtednesuecured bereby and become:subjed tothelimll;ieN9f; .Mo~.
<br />slmltnot ineuuny personalliabllity beca_ of anything it may dool'omlt to dobeteunilel.
<br />
<br />9. Defllllt; Aailpmeat of R.entL Tlme.is of the essence llenal,. and upon .Mottpgor'sdetaulUtl &nlulOverll.t
<br />or >eement of this Mortgage,ineludlngcav""""ts to.pay wbendoo thesuma secured by this Mortpge, tI1!tMQ~~;
<br />be entitled, at itume option and without notice, to declare a1tsumssecured.by thia Mor.gage,to:be.lmmedlatelY.~,Ill!i,
<br />payable aDd may commence foreclosure of this Mortgage. by judicial procetidings; and, provldeftfinther, tbatuflO'1 suehcc
<br />default the Mortgage<>, or a receiver appointed. by a court, may at its option andwitlwut reprd to, the.,mquaey-'of,tb8. .
<br />seeurity, ""ter upon and take possession of. the Properly and colled the. rents, issues and profitstherefroin and~,tbem,
<br />11Ist to tile eost of coll4!Ction and operation of th.. Prol"'rty and then upon tb.. indt!btedness seelU'iod bythi& ~
<br />said renl4, issues and profits being assigned 1.0 the Mortgagee as furlh..r security for tile payment of. the in~
<br />secllll>d befeby.
<br />
<br />10. Transfer of Property. If all or any part of the Property i. sold or lramferred without the exprMs Written eon'
<br />sent of the MortgIlgre. Mortgagee may at its sole option; dee....., all sums .secured by this Mortgaee to be ImmedllItalydoo
<br />and payable.
<br />
<br />ll. Future Adv_ Upon reque.t of Mortpgor. MOrl(ll\lllt' may mate additional and ful1ue adftllClli to
<br />Mortpgor, Such advances, with ,nlerest tIlen>on, shall he secured by this Mortpgewben evldenaldby promiasorynotes
<br />stating Wt ...id notes a", "",,ured hereby. At DO time shall the principal amount of th.. indebtednl!ll5 sec:uredby thi&
<br />Mortpge, not including sums advanced to prot..d the se<:Urity of thi. Mortp&e, e.xceed tile original Note.
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<br />12. MiIeIlUaneo... !'romons.
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<br />{II ,\ny (orehearan"" tn exercising any right or remedy shaU not be a waiver thereof.
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<br />lbl All ",medi"" provided h..rem are dislin<:t and cumulati.e 1.0 any oth.. right afforded by law or equity,
<br />and may be .x.re....d concurrently. mdependently or successively.
<br />
<br />lei 111<' "O'.Rant. and agwements containod h.",in shall bmd. and the rights inure to. the respective
<br />s.u(X.~n and &SSJcns of the Mortga&or and th... Mort,act't".
<br />
<br />id) AU C'OVf'nanl.s and aereeme-nts of the Mortpgor are joint and stye-tal.
<br />
<br />tel lb,' h.&lml!' oi th. paragraphs of this MortPi'" an" (or con..men"" only and shalt Dot he ulied to iniB..
<br />pret or delln. th. provislt)1U here.of.
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<br />13. R"""",,,, l'poo payment of .ll ".rns """"red by th.. !'.fonpg., Mortpgtoe shall discharge thi. Mortgall" and
<br />MlaU \"xeeutf' and di"hv....r a s.awfactory relea...w Utert>{nr.
<br />
<br />IN WITNESS WHEREOF. Mortg~r ha",x""uled thl. Monca&<' on the!'lth, day of.. October ,19 3!;i,
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<br />X ,C__>>'. . ~14'
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<br />Bono__
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<br />__County ~~
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<br />On UIIL_~~. d&)' of ,__~:>:c.t()ber ,_,_.__, 19A1.. before me, the un~rsigned, a Notary Public
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<br />dl&ly eomlDtOOkmed and qllAlified lor wd roanty. pt'l'sonally Caine.. Lerov Wayne Vll!lOSdall and CYnthia
<br />
<br />.!!'.?? Vanosdall, Husband and Wife '__.. to me known to he the
<br />identical person(O) wbe_ __I a.... subscnhed to tho forej\oIll& instrument and aclr.nowledged the execution thereof
<br />
<br />1.0. be ._ his__and _~~._ voluntary act and dftd.
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<br />in said eou.nty, the
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<br />""\I /':) f.)UANE OONMbSON
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