f
<br />7. funds®natioa :ntheetienttheNnpert}~,orauYpartt4eereof,,sballbeWkenhyerninentdomain;YldeMartgagee;.: .
<br />is empowered Lo coiiect and recetve aEl con:peasalion while may ke pa=d for any property taken or. for damages to property
<br />nct taken, and Mortgagee sha11 apply suck compensation, at its option, either to a'teduetina of the indebtedness sectt-ed
<br />hedeby or to repair and rxstore ibr property so damaged.
<br />- $. PeerlnemaBt: by Mortgage. Mortgtegee may, but shall have no obligation, to da any act xhich the Mortgagor
<br />has a{rt~cd but fyits to do, and Mortgagee may dso do any act it deems neces9ary to protrct the lien fieteof. Mortgagor
<br />ageees to repay, upon demand, any suers sa expended by 4he Mortgagee [or tka above purposes, and am sums so expended
<br />by tits Mnttgaaee sha4 be added to the indebtedness secured hereby and become subject to the lies hereof. Mortgagee
<br />shall not incur any personal irabilrty becawe of anything it may do orotnit. 4o do hereunder.
<br />9. lk6nlt; Aaogttment of Eients. 'l`ime is of the esaen~ hereof, and upon bfortgagor's default in any rnvetrant
<br />_ oragrneexnt of this btortgttge, induding coverants to pay when:dire ttie stamssectttYd by this Mortgage, the Mortgagee slt:ll
<br />be, entitled, at its sole option and scithaut notice, W deciiee a1lstrms secured by this Mortgage to be immediately due and
<br />payable and may COdClaerlCe toredosurs of this Rortgage by-jndlC)al ptoceedit+ga: sad, provided further, that upon such
<br />default the Mflrt;asee, or a receiver appointed by a coo=t, may. at its oplinrt sad vrithauk regard to the adequacy of the
<br />seaaiky, enter upon and tyke possession of the Property and tw==eet the rents, issues sad prottts Werehom and apply them
<br />tsar Co the cost or_ coIIeetion and epentiau of the Property and rhea upon the:indebtednes, secured by this Mortgagee;
<br />said rests, rues and profits lreiag asatpted to rite 3ortgagee as further security tot the payment of the indebtedtess
<br />sccwEd heioeby.
<br />f 0. 'f4>es(er of Proprrtp. It aH or my part of the Pmprrty is sdd of taamferred without the expceaa written con-
<br />sent ai the Mortgag~re, M~Wgt'e maiy at its sde option; declass alt sums sectued by this Mortgage to be immediately due
<br />and payable.
<br />11_ Mare A~dsaaasa. Uprm trt;a~t at 1ltortgagot, !+fortgagee may make additional- and future advutces to
<br />?dforgagor. Suck adranoea, ttrith interest thereon, short be secured by this Adttvtgage when etrtdeatrd by promixory notes
<br />sating flat said notes are s~htcd lterebY• z1t ao tithe shall the principal ataount-of the indebtedness secured by this
<br />not it;cludsrtq toms advanced to protect the security of this.Mortgage, rzceed the original t3ote_
<br />T2. iNtiaail~eoas:Pkorisions..
<br />(n} .4ny tatebeatance iu .exetetsing any right cx trmedy s=alt not be a waver theteot
<br />(h2 ~l remedies provided. herein, are distirtet and cumuiatitre to say other tight aXforded by law or equity,
<br />and nay br errer+craed wncurreafly, dndepenl~tttty ar strece~v~y,
<br />{c} 'ILe coacnanb aad agreeveenta contaiiaed herein shall bind, and the.. rigbts:%onre to; the tespectire
<br />sucerrots and ssaegrts of'the Mortgagor sod the Mortgagee.
<br />{d} AU roreoaaurand agix~ements of the MoKgagor ar+a joint and aeverd.
<br />(e1 7Ttr herdittgs of We,para~aphs of this atotx;age am.tor coureuience only. and'shalt not be tread to inter
<br />port or, defuse the prortaons hereof.
<br />1$. [telaaae. Upon paytneHt of all soma secured try this Mortgag, Mortgagee shalt tirscharge fittis Mortgage and
<br />that execute and deliorta aatkifattary rrtease tlrsrefar.
<br />IN WI>i'NF~S R'HEk~C#~. ItgOatppg©r lru-arecuted this lYLnt~gage oa theme...;. day od March , i9~_.
<br />`^ ~ /
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<br />axr e r ~ 9«:ower
<br />"~'~'~? ~ y ;nlexaanae lroesosar.
<br />state of Yabraaka...___Hal~ _ _. ..~~...._~Gounty aa: ,
<br />On thin ~ I ~r.h day Gf lSarett~ ~„ 1'9 $_ ~ , befox me, tree uadeesignrd, a Notary Public
<br />trots comdasrioned and gtnlrbeti for said c~rttnty, personatlY dtme Ric?±ard T.. tt i zxsnder sad 'j ~ a K c
<br />Alexsnder ,_to me khosrn trsbe the
<br />ideaacal psrstxria) whose name(s) are subscribed tt),the faragoiag instnaffient and acitnorrledged the execution thereof.:.
<br />tp ~ __ tfteir-- cOrurltaN a+K sad deed..
<br />Gzrand Island, .`:E
<br />VPltaew my rand and notarial seat at is said toasty, the
<br />darn afoeeYid .
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