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<br />
<br />83....:v 0 67"/0
<br />
<br />
<br />n
<br />
<br />(4} That In th.e- event the Mortgagors fall to pay w!:len ,1ue :iny t(txes. llens, jlJdgments. f:r assessments, or fall to
<br />maintain insurance as herelnbetore PI'oVUle-d, or fail to pay rents, fees, or Gharges under the tenns of any lease,
<br />pennlt, license, or prIVIlege: or MDI'tRagee is requIred to incur expenses for abstract fees, attorney fees, costs,
<br />expenses~ and other charges in connection with 11 Ugatlon, Nortgagee may make such payment or prOVIde such insurance.
<br />or-incur- such Obltgat.lon, and the B.rnOUJlts paid. therefor S11all become a part or the indebtecIness secured hereby due
<br />ami" payable Immediately. and sha.ll bear intere-st from the date of payment at the same rate as Drovicted for de!ault
<br />In- the -note. -
<br />
<br />
<br />(5) That In the- event any n,wards "'.rB to r,tw !'lQrtgal2;on~ 'Jr t.heir s~Jccesso,s 1n interest for taking or damaging
<br />by the exercise of eminent domain .the or' any part ot t-be mortg;lged premlsJ1S or any easement tl1ere1n, the said
<br />awards are hereby a.ssigned to the Mortgagee; thB Mortgagee .Is ~lereby authorized to collec t. recel ve, and receipt
<br />therefljt" and to d.Dply t\-te :::ar",e :n raYl"!en";:. r>" -a-;y lr.d.ebtedness rlrltured or unmatnred, s€~ured oy this mortgage.
<br />
<br />(81 That. 1n the, event i'!ortg-'lgors lJefi1ult 1n the paj1'i'lent of said principal "",urn. or of any installment thereof, or-
<br />ct any interest the-reon, at:- tr.e t lm9 ~',hen :::le SB:.'n€ shall be QUE'. or !filth respect to any eovenant or cond1tion here-
<br />or, then, at. tbe- option of Mort.~agee, t:Je- entire lndebt:9dness secur-ef1 hereby shall fortllwlth become due and payable,
<br />Shall bear lnterest at the default rate des.crIhed in saId note, and the Mortgagee may immediately foreclose this
<br />mortgage or pursue any other a:'v'allablc legal !'!:!medy.
<br />
<br />t.,', frJl'e~lL)s(: n~ls mortga.ge. the Mortgagee 3l"18.11 be entitled to immediate
<br />t.h~ (';CIlj.ft- or:rly nppolnt '1. n:celver to t.ake ;::(!ssesslon of said premises, wit:h
<br />
<br />(13} That fallur'e cr
<br />wai....er- t.hereof; t.hat.
<br />waiver of any l';.:t;J:'e
<br />0- 1.n C"i;e of payment by
<br />sa.Id MlJf't~a..~ee- ;S!18.11 r;:lve-
<br />'lccount ot sllet. :';0ectrle
<br />the 1&..'10 {1es:crlbe,-1 here~,;
<br />sont.lnue .)S. u. Hen :'T 'i\l)"
<br />
<br />D: r'rlv~lege.s shall not be construed as fl.
<br />.Jf Mortgagors 311a11 not be construed 3.8 a
<br />amortization installments or Interest,
<br />ex.pense, or rents, fees or charges.
<br />di.le a.nd p~yable, to foreclose on
<br />proceed Ings may be had and
<br />secured, and thIs mortgage shall
<br />
<br />said 1ndebtedness. release
<br />Ule '{:,roperty covered hereby.
<br />party for the payment of saId
<br />s8cured hereby.
<br />
<br />~:,ell' ~;.elrs. legal representatives and assigns,
<br />cf the consideration for the note secured
<br />"'pnV€'y the T;roperty described he-rein, the
<br />.jue and paya-ole and THay proceed in the en-
<br />5.nd ffidI'tll;Et?;€.
<br />
<br />as i'-"l. the singular" 01' phi/rat
<br />
<br />,'EAL
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<br />Roxanne . pan
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<br />(SEAL)
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<br />(SE:A!,)
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<br />(SEAL)
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<br />,'Vlt'" ;,.",'c,,";l)" .':'V8", '"' ___<;:!2.!:lLl..... Vip211E,_,!!,d Roxanne ~!. Vipond, husband and "ife,
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