<br />I
<br />
<br />7... CoIldemllation. In die even I die Property, or any part dlereof, .hall be laken by eminent domain, the Mortgagee
<br />Is empoJl'ered (0 "O\Il>Ctantl re<:eive all eQmpensation which maybe paid for any property taken or for damages to property
<br />Jiotlaken, and~, shall apply .uch compensation, at Its option, ..ither to a ...ductlon of, the indebtedness secured
<br />hereby otto repai~an4 restore the, pl'OpiOrty'so damaged.
<br />
<br />8.P~o.m.nce byM~ee.Mortgageemay, but shllll bave no obligation,to dO any act which the Mortgagor
<br />m.:.. agreedbllt fa!!s1<>dO,llJIdMortgagff may also do any act it deems necessary to protect the lien hereof-Mortgagor ..
<br />~ to reJ'llY., upon der!land, any.um..o eXJ>8nded by the Mortgagee for the above p1I1'pOS4!S, and any sums so eXpiOIIded
<br />hY: thll ~ shall be added to the indebtednessleC\lredbereby and.berome subject to the.lien bemof:MortPgee
<br />sbllIInot'lJlOOranypersonalliabllity beca..... of iItlYthiJig it may do or omit (0 do helllunder.
<br />
<br />9. ~t;AIIIl.........t of Rents. TInteis of theessencebereof, and upon Mortgagor'.defaultinanYC!)Vell8nt
<br />otegreement oftbis Mortgage, inclUding covenants to pay when due the sum..eeured. by this MortlJap,the Mortgage8shall:
<br />hnnlilled,at ilasole 'optlonand without notice, to declare all sums secured by this Mortgage.toe belmmediately'<!ueand'
<br />pqableandmay eommenceforeclosure of this Mortpge by judicial proceedings; and, provldedf1ntberithatUpon'8ueh'
<br />deIJiuIt \h4>;MortgBtee,ora mcei_ appointed by a court, may at its option and wlthOl!treptd.to thead<!q<!acyoCthe
<br />~.enteruponalldtalte possession of the Property and ~ttherents, issues and profjts therefrom and"JlPlY them
<br />tlist to.thllCOllt of. coUectIo" and operation of the Property and then upon the Indei>tednNs ,secwed by,tbIa,M~;
<br />'..ilh.nts,~andprollta belngusIJIIl'!d to the Mortgagee ..further seCUrity for the paymentofthe'incIebt'eclneos
<br />oeeured. h....by;
<br />
<br />10; TtalIsCer of Property. ff all. or any part of the Property is sold or tranaferredirithout the expresS"ri~!cOri.
<br />sent otWe- MortplJte, Mortgagee may at its sole option, declare all aum. .seeured by this Mortgage to be immedlGfely'dUe
<br />antlJlllYable. .
<br />
<br />11. Future Advan..... Upon request of Mortgagor, Mortgagee may make additional and:rutunr advances (0
<br />Mortpeor. Such advances, with inte....tthereon, sbaII be secwedby this Mortgage when evldencedby proml!;sorynotes.
<br />statiDg that said notes are secl1l'l'd herehy. At no time shall the principal amount of the indebtedneSs ...."...;a.bythl&
<br />~. not Including....... advanced to protect the security ot l.hls Mortglp, exceed the origlnal.Note.
<br />
<br />12. Mlscellaneous ProrisIoos..
<br />
<br />(a) Any tONbearance in exercising any right or remedy shall not be a waiver thereot.
<br />
<br />(ll) AI! remedies provided Iuorein are distinct and eumuIatlveio any <>ther right afforded bylaw or equit:y,
<br />and may be exercised coneurrenUy. independenUy or .ueees&ivety,
<br />
<br />(c) The eovenants and .g......ment.s contained herein .halI bind, and the rights inure to, the ,respacl:ive
<br />.............. and assigllS of the Mortcagor and the Mortgagee,
<br />
<br />(d) All <oyeaants and agreemenis of the Mortgagor.... joint and several.
<br />
<br />(e) The headillp of the paraerapha of this Mort..... are fo. convenience only and shall not be used to inter-
<br />pret Of dellne the provisioll$ hereoL
<br />
<br />13. ReleaM. Upon payment of all SUIWI ...uTe<! by tnis Monc.. Mortgagee shall discharge this Mortcage, and
<br />sIWl eueute and deli"". a saUstactory releaoe therefor.
<br />
<br />IN WITNESS WHEREOF, Mortgacor has exeeuted this Mortgqe on the 1st day of November , 19li....
<br />
<br />
<br />J~ nJ{'9 'f11;A rV\ ~ ~ lY\(J Jr--
<br />(J an ce LeAnn BosS-ft-lman) .Ikluower
<br />
<br />Bono..ere
<br />State of~ ___Hall -_..__._____COunty 55:
<br />
<br />On thlt 1st
<br />
<br />clayo!.
<br />
<br />November _ 19a:L.,., before me, the undersiCned, a Notary Public
<br />
<br />tNly --\O'l"'t end quaUlle<l for said <ounty, penooally c:ame
<br />
<br />,J~n1rA r,p.Ann HnQ<::'AJm~n
<br />
<br />, to me known to be the
<br />ideDtieaI. persoII(s) whooe name(s) IN .uboerlbed to the tOlllfoinl instrument and acknowledled the execution thereof
<br />
<br />her
<br />
<br />10 be.
<br />
<br />voluntary act and deed.
<br />WIlae. my hand and llotariaheal at Grand I slanG. tiE
<br />d...fonoaid,. i .'...~'17. ~=~.... ..
<br />~ ..,. ~ explna: ..........,.........
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