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<br />7.. COademnation;In the....".tthe.Property; or any part thereof, shall be taken by eminent d<>ma!n, the Mortgage<>
<br />ise""",,"II!IHocollectand reeem.:aIleompens:t;<>n:whicllmayoo pald for any.propertytaken or for damages to property
<br />not tlbn,."Illd'Mortpgee.sball: applysncbeompemation, at itsoptinn, eithl!l' toa reduction of tlIe indebtedness secured
<br />bereby or to: repair and :restore the property .so<lamaged.
<br />
<br />S"l'I!l'fornunceby .Monpgee. Mortpgeemay, butshaU have noobllgation, to do any act which..theMortll8l!or
<br />'ha&'~.hqtfall& to: do. and' ~ may alsado any act it deems neCl!SS81Y to protect thelien hereof. Mortgagor
<br />~JprepllY, UP!>\l delt1tlld, any$lll.llS 00 expended by the Mprtgagee for the ahove purposes, and, any sums so expended
<br />. hy,thIi ~.sl1al1 00 a4ded.lo.the.lndebtednoossecured hereby 8lld.jlecome subjeetlo the lien hereof. Mortgagee
<br />lihaIInpt!liCur811Y pelllOlllllliability because of anythinglt may do or omitlo do hel't>under.
<br />
<br />9.' f)etaldt;.~t of Reatt. Tllne isofth. essence hereof,andupoit Mortgagor's default ill any covenant
<br />or agreement oftb& Mortgage, including covenants to pay when due the sums secured:by!:bio Mortgage, the Mortg~..hali
<br />beelltltled,at'i\S: sOle "ptiOll and without notice, todeclanraUsumssecured.by this Mortgage ,to be immediately doa and
<br />payable ud ~y comm"""e foreelll6Ure of this Mortgage by judicial proceedings; and, provided further, thet upon such
<br />default t!m Mortgagee; ora receiver appointed by . court, may at its option. and without regard to the. adequacy of the
<br />~. enter nflOlland take pooi'lSllion of the Property and colleettbe rents, issues'and profits therefl:om and apply them
<br />fint to the-ooot ofeolleclion and operation of the Property and theu uflOll the indebtedness seeuledby this Mortgagee;
<br />said relit&, issues and profits being asoigned to the Mortgagee as further sectlrityfor the payment of the indebtedness
<br />seeu",dh_by.
<br />
<br />10. Tfansf", of Property. If all or any part of the Property is sold or transferred without the express writteu con'
<br />sent of the Mortgagee, Mortgagee may at ito oole option, declare all sums secured by this Mortgage tobl! immediately due
<br />and~.
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<br />11, Flitnre Ad\'anees. Upon noquest of Mortgagor, Mortgagee may make additional and future advances to
<br />MortgBgor. Sncbad....ces. with interest thereon, shall be secured by this Mortgage wben evidenced bypromlsrorynotes
<br />statin, that said n_ are secured hereby; At no time shall the principal amount of the indebtedness see\Ut!<1 by this
<br />MortgIIge, not including sums advanced to protect the security of this Mortgage. exceed the original Note.
<br />
<br />12. MlaeeIIaneoas Prooisio....
<br />
<br />(a) Any forebealance in exerclsi... any right or remedy shall not be a waiver thereof.
<br />
<br />(bl All mnedles provided be....I. are distinet ud cumulative to any other right afforded by law or equity,
<br />aud may be enrdsed ooncurrently, independently or successively.
<br />
<br />leI 'The covenants and agreements contained berei. shall bind. and the rights Inure to. the respective
<br />Slr_ and assigns of the MOl"tgqor and the Mortgagee.
<br />
<br />(dl An co...""nts and apments of the Mortgagor are joint and ...veral.
<br />
<br />tel Tlw beadlngs of tha puqraph.s of this Mortgage are for convenience only and shall not be used to inter.
<br />pm or defll1<' 1M provl.._s b"reo!.
<br />
<br />13. ~. Upon pa}....ent of all 5U"" """u",d by Ibis Mortga&e, Mortgagl!e shall discharge this Mortgage and
<br />shall "''''1Ue and deliv.... asatisfaetol.-y reI_ therefor.
<br />
<br />IN WITNESS WHEREOF. Mortpgo< has executed this Mortgqe 00 the .-1!.h1ay of fJecarher , 19 -1lli..
<br />
<br />-~~~
<br />
<br />O1arles D. Flossplman
<br />
<br />BoU'ower'
<br />
<br />Borrower
<br />
<br />SUU of Nellnab.
<br />
<br />Hall
<br />
<br />.County os;
<br />
<br />OIl tills 7th day of I:lecaItler 19~ before me, the undersigned, aNotaly Public
<br />dulyeoanissiorwdandqnalified forwdcounty.penoll4llyeame Charles D, Bos.."lelrnan, a nnrriPd man
<br />
<br />, to me known to be the
<br />idimliealpots<lU\s)whooe _is} an! suboerlbed to tho> fOfl!(fOlng lnstrum<>nt and acknowledged the exo>cullou IMr<l<>f
<br />
<br />to~.
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<br />!lis
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<br />voluntalya<:t and deed.
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<br />Grand ISlan4~~/'~ insal'.~ty,the
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<br />NO"'" P\1bIk
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<br />.~......~ '1."Ju. Law a~ F(I!i< Leacie M4 Recordft)
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