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<br />~2~°- ~~ua°79~
<br />x. ;n tare event the. ~rroperty, {ar .-rty Fart there!~f, sha?1 be taken by eman:ent
<br />do:ain, the Mortgagee is etnpowerec~tc ca'ect andreceive all eompensatio~n which
<br />,ray be paid for any property taken cr n1 ddmages to property oat taken, arid Mortgagee'
<br />shy i l anol y sii~~h ccKaoensatii7n, at i t~ nation ;. r~i thar t:~ a- red43.Ctipn pf the indefitednesS
<br />secured hereby or to repair ar:d r•estcre the property sadamaged.
<br />.,. Mortgagee tray, but. shall 'nave no obligation, to do any act which-the Mortgagor
<br />has agreed but fails to do, and Mortgagee may also do ariy act it deems necessary to
<br />protact the lien hereof. Mori:~~agor agrees to repay, ua^n demand, any surds so expended
<br />by the Mortgagee for the stove purposes, and any sums so expended by the Mortgagee
<br />shall he added to t`~e indebtedne5s secured Frereby aaC became subject to the lien
<br />hereof. Mor±gagee shall not incur. any personal liability because of anything it
<br />may do ar CIRit to do hee°e~.~nder.
<br />5. lime i the essence hereof, ar,.! upon '~ortgagor's default in any covenant:
<br />or agree~+ent or this M'artgage; including covenants. to pay when due the sums seectred
<br />by this f~rrgage, the plortgas~ee shall ue entitled, at its sole option and without
<br />notice, to declare atl sums secured by this Mortgage to be imatediately due and
<br />~dyaLle and :r,3y con~rence farQc.:?asure of this Mortgage by judicial proceedings;
<br />and, p!'oVided further,. than lpon suety default the Mortgagee, ar a receiver
<br />appointed b}' a court. :~~ay St its option and without regard to the adequacy of the
<br />security, enter upon and take possession of the Property and. collect the rents
<br />issues and profits thereixram and apply them first to the cast. of caIleetion and
<br />operaLiart'of the Properly and then upon the indebtedness secure+i by this Mortgage.;
<br />said rsrsts, iss;res=and profits being assicrned to the Mortgagee as further security
<br />fray the pSyment of ttre indebtedness Secured hereby.
<br />7. Tf all or asst' part of the property s sold or transferred without the express
<br />written consent of the fiiortgagee, l+lartcsagor may at '.~ts sole option, declare all sums
<br />secured by ttris Mortgage to be immediately due and ;sayable.
<br />8. Any forebeara~sce in exercising any right or remedy shal'+ not lie a waiver thereof.
<br />9. All resned3es provided herein are distinct and cumulative to any other right
<br />a.`orded vy lak ar eGuitY,:+ld'r~y be exercised c~ncurrent3y, independently ar
<br />Sa~CCe<_sively.
<br />I0. The covenants and agr~rnents contained herein shall hind, and ail rights
<br />inure try, :.tae r•eslrective successors and assigns of the Piortgagar and the Mortgagee.
<br />31. X13 covenants and, agreements of the ?,3artgagor and the Mortgagee are joint
<br />Sad: several.
<br />i~. rigor aay~mesat of a~"1 scams secured by this ?^~rtgage, Mortgagee shall discharge
<br />this ~ortgaue ar:d shall ex;zte anct deliver a satisfactory release therefor.
<br />iN 1I"~r5 ~ts:.R;gF, art^,agor• has exteute~i this "lortg,:ge. on the __~ clay.
<br />o' .., as='r_ ITT
<br />r'~ 3ezr~ aita~xers~ki
<br />ST~'E 4F "ftBR~4S~:A, 1{al<1 Gunty 5=
<br />~n tFtis ins day of reh _,.~.~,, l' 'Z before me, the undersrlned, a !iotary
<br />?lab?ic duly.C~r^wiss~aned and. qualified for sai^ county, personally car,~e
<br />--___._. __rs~s~.es~r~s .,~..._~..._._._~__._..___~__> to rye known to oe the identical
<br />arsons whose 7fames are subscrid to theftaregang instrument and acknowledged the
<br />exeru: ion zherec?s to'~.__ r_rei; w°vlurtta+-y act and; deed.. yt
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