2
<br />7. Ckv+dcsnaatiaa- in the event she-Ptaperty, or any part thereof, shall be taken by erntnent domain, the Mortgagee
<br />is ernpoweredter ceLect and m~~eive ai! comperrsatloti wlrkh may. be paid far any property taken or for damages to property
<br />net takext, and !ilortgag?ee shalt apt5fy such compensation, at its optiaa, either to a reductianot the indebtedness secured
<br />hemby or to :epxirand restore the ~pety sp daatlkged,
<br />8. P,eric:n:a+eze by ritortgagat. Mortgage-may, hatshaH have no ahiig~fion,'to da say act whieli the Mortgagor
<br />has agreed but fails to do, and lvlartgagee °may also do any a+n it deems aeees~sy to protecC the:liea hereof. Mcrrtgagos
<br />ogees to reply, upon; demand, any sums so expended "by td!e Mortgagee far the above purposes, and arty sums so cgpended
<br />b> t3r+~ atorigtgee shall Ge added'"to <the indebtedness secured hereby and become sisbjact to the ilea hereof. Mortgagee:
<br />sbasl *,at incur any personal tishilitybarause of anything it mey do or omit to do heretmder:
<br />9. ~tfault; Assignment of Rei[ts.- Bane is of the essence hereof, and upon Mortgagor's default in env covenant
<br />or sgnrment of this ltartgage, inciuriln; covenants to pay when dne the sums secured by this Mortgage; the Mortgagee shall
<br />be emitted, at its sole option and withraui' notice, to declare ari sums secured by this Martgage_.to he immediately due arrd
<br />pryahla and may ronmeucr foreclosure of this"Mortgage by judicial pwceedia~; and, provided farther; that upon sttelr
<br />drtxu!t thr Mortgagee, or s receraet appaiiited bq a coati,. may at its opttoa and withoat regard to'the adeatuacy°ot the
<br />security, enter upon and uke posr~9oa of the Property and collect the rents; issues and proftsfiheaeikom and. apply them
<br />i3rat to the cast of eolk+ciion and operation at the Fmperty and then upon the indebtedness secured by this Mortgagee;
<br />- sai@ rents, issues and: profits beidg assigned to the Mortgagee as t`arther security for the payment of the indebtedness
<br />. secun~d t:ereDy.
<br />Ill. t&z of Property. If ail or any part of the Property is sold oc transferred without the express vrritten con-
<br />sent of theMortgagee, Mortgagee may at its sole option, declare ati sums:secured 6y Ghis Mortgage th:be immediately due
<br />and payablr:
<br />t1: Future: Advancx,s. Ltpon request of Mortgagor, Mortgagee may make additianai snd future advances to
<br />14iortgagot. Snclr advances, with interest therean> shall he secured by this Mortgage. when evidenced: by promissory notes'
<br />Stating that said notes are secured herebq. At na time shag. the principal amount of the indebtedness secured by thiB
<br />ra[aRgagc> not lnrluding laths advsaced to protect the. seeurfty of thin. Mortgage; exceed the or[glnat Note..
<br />12 MisoallanamrsProvisions..
<br />(a} Any fonheaatece in exercising nay right. or remedy shall. net be a waiver thereof.
<br />(b} All remedies provided herein are distinct and cumulative to anq other right aifaraed by 'raw or equity,
<br />ahd may be exercised eoaeturently, independently or successively.
<br />(ef 'l'he covenants and agreements contained hernia shall; bind, and the rights inure to,, the respective..
<br />successors and a~gns of the Mortgagor and the Mortgagee.
<br />(dl ASC covenants eras agreements of the Mot#;spot ace joint and:sevecel.
<br />(e) 'iTse headings: of the paragraphs of this Mortgage are for canveaience only and shall not be used to inter-
<br />pret or define the provisions hernof.
<br />P3: Reiaawa: tlpari paymen! of.all sunna.secured by this Mortgage, Mortgagee shall dlseharge ttifs Mortgage and
<br />s~i# exeante and duiirer r sslisfaeioty release klrerefar
<br />IIkl WITNI~S tNI°lEliisOF, :slortgagor has executed this Mortgage on the _2,4:tbday of 3anuary ,19 82 .
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<br />State of Diebmka. Aclramw County ss:
<br />tan thts_~.4;~h_.day of :fantsa T 19 R7., before me, the undersigned, a i•Iotary Fabric
<br />duly cornnaisstonedahdquaiifie~'farsadcQUnty,personailycame_h'A~*_--~.~etg,,Gr,, ~~ri inic-~`-
<br />Au ustin €2tisbaa,~T and wife tome_krrawa to be the
<br />___
<br />ideoticat persvnisl whose names} are subsctihed to the foregoing instrument and acknowledged the execution .thereof
<br />w ire _ their volraertuy act sad deed.
<br />witness ms' band sad notarial seal at Haatintzs, tiebras',ta in said-county; the
<br />date: aforesaid . t / r, J
<br />~_CcmmissiorJ fxpirQe: ..~!3~/~~i~ 2 i : 'Lf'~`l`~'-t~
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