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<br />I <br /> <br />83'::';;'. 005600 <br /> <br /> <br />line of said Section 10 a distance of 1327.21 feet to a <br />point on the east/west 1/16 line of the NW~, thence in <br />an easterly direction along said east/west 1/16 line a <br />distance of 656.24 feet to a point on the east line of <br />said NW\ of Section 10, thence in a northerly direction <br />along said east line of the NW\ a distance of 1329.83 <br />feet to the northeast corner of said Section 10, thence <br />in a westerlv direction alonq the north line of said <br />Section 10 a. distance of 659:29 feet to the point of <br />beginning and containing 20.06 acres more or less which <br />includes 0.50 acres of county road right-of-way. <br /> <br />Together with all buildings, improvements, fixtures, streets, <br />alleys, Dassaqeways, easements. rights, privileges and appurte- <br />nances located thereon or in a~yway pert~ining thereto, and the <br />rents, issues and profits, reversions and remainders thereof; <br />including, but not limited to, heating and cooling equipment and <br />such personal property that is attached to the improvements so as <br />to constitute a fixture; all of which, including replacements and <br />additions thereto, is hereby r1eclared to be a part of the real <br />estate secured hv the lien of this ~lortqaqe and all of t.he <br />foregoing beina referred to herein as the "Property". <br /> <br />To have and to hold the Propertv described, unto the said <br />Mortgagee or Mortgaqees and to its successors and assigns, <br />forever, provided always, and these presents are upon the express <br />condition'that if M.or'tqaqor. its, his, her or their heirs, <br />personal n"presentatives, successors or ''1ssigns shall payor <br />cause to be paid to the "aid Mortqaqee and to its successors or <br />assigns the sum prl"sent 1 '! ,ldvanced and the amount of future <br />advances to the Mortgagor which together w~th the amount presently <br />advanced shall not ('xceed the '..ot.i.1 1 gum nf ':'Wo Hundred Seventv- <br />Nine Thousand and NonOa Dollars 1$2"'9.000.001 at any one time <br />unpaid and outstanding, due .'lnd payable, with intE'rest, accordinq <br />to t.he terms o~ ~ ~e ~1ortgaQcr f ,.:; N01:',e (~) ev idencing such advances, <br />it being the intention ilnd "greement Df the parties that the <br />~""ortqaqor will from time 1"_0 t.U:1C repay ~'\dvances secured by this <br />-Mortgaqe according to the :-.ems of Note {s) e:v idencinq the same <br />and the Mortqaqee- from t.une to Llt'ie maY', at its option, make <br />future additional advances and readvances and renew or extend <br />Note(s) <?videm:-inq outstanding Lndebtedness which shall be <br />secured hereby; prOvided only that the total principal amount of <br />unpaid indebtedness secured bv this Mortgage shall not at anyone <br />time exceed the Max~nurn aw~unt above stated plus any advances to <br />protect the security, then these presents shall he void, other- <br />wise to be ,md remain in .u 11 force. <br /> <br />Mortgagor further covenants and agrees, with Mortgagee, as <br />.oUows: <br /> <br />1 . payment. <br />thereon as provided <br /> <br />To pay the indebtedness and the <br />in this Mortgage and the Note. <br /> <br />interest <br /> <br />2. Title. Mortqaqor is the owner of the Property, has the <br />right and au~~ority to mortqaq~ the Property, and warrants that <br /> <br />" <br /> <br />u <br /> <br />L <br /> <br />-.J <br /> <br />L <br />