<br />i. Condernrration..in the ecenY the Property, oran~~ part thereof, .~tisli be taken by eminentdomain,the :Mortgagee
<br />s empowexedb cot[ect and raceite ail campen;adon which may he paid Ciir any property Oaken or for darrtages'tao proper{.y
<br />^ot takers,. and Mortgagee sr~lt apply stash compcnsaUOn, ai its option, either ro a reduction of the indebtedness secured
<br />kteretry or to repairatwd reEtore the property so da:raaged.
<br />13~ Performanceby Mortgagee. YSortgagee mat, but Khali have no obtlgatioa, to do any act which the Mortgagor
<br />has agreed-hut fails to du,_and ~4fortgagee tna~ also do aay art ii deems neceasarc to protect tha lien hereof- Ivlortgagor
<br />agrees in zepay, upott demand, sny sum; sc expended by the 3fertgagee for the shore purposes. and any sums so expended
<br />by the A!fnrtgagee 5ha11 lie addedto the indebtedness sacured hereby and become au!>ject to the ]ion ttereuf_ Mortgagee
<br />shad not incur xay pecsoaal IiahiSty beeaase of sxything it may do or omit to do hereunder.
<br />9. Default; lssagoment of Rents. 'I`irr.e is of the esence hrroof, and upnn Mortgagor's default in any covenani
<br />oragreement of ;his 3toa'tgage,including ccrenants to pas' whFn Sue the sums secured by this fdortgage, the Mortgagee shall
<br />ba entittcd, at its sole option and witLant nctice, to de.:lare art cans st~ured by this Mortgage to lke immediately due and
<br />payable and may cnnzmence foreclosure of '.his Mortgage by judicial proceedings; and, provided furiher, that upon such
<br />default tltt Morti<tt=ee, cr a receiver appointed by a coast, ma;~ at ic, cotion and without regard to the adequacy- of the
<br />9etrzity, ~errtrr upon and take possession o[ [he Propert}• and culled [Ire rents, issues and profits therefrom and apply them
<br />Srst to Use ecKY of mlieetion and operation of the Property and Chen upon the indebtedness secured by this Mortgagee;
<br />said tetattt, issues and profits being assigned to the MottgaaRe4' ~ Curther security for the payment of the indebtedness
<br />secured. Pirreby-
<br />11Y_ `tYandar ai Property. 1f aik or any part of Sloe Property is sold ur uanafermd wiihou[ the express written con-
<br />sent M ihoe ldortpgre, 't4nrtgagee may at itv sole option, declsre a14 sums secured by Wau Mortgage to be immediately due
<br />and payalaie.
<br />11. Fatturt ~rtsncea. Upon mquesi of Ytorigngrr, Mortgagee pray make additional artd future advances t-0
<br />C Stich advartcea, Frith inert ,t thereon, sha11 tx secured by this Mortgage.srheu evidenced by Promissory notes
<br />statit>t Ihat sand Haas arc secured hereby. At ro time shalt Lhe principatt amouni of floe indehtedzaess secured 6y this
<br />~tiala, nrX inGndirr~ surrxs advax:.^rd to prtrtrct the security of this Siurtgage, rxeeed Lhe original' IQ4te.
<br />12. ~Iiee[iawautas hoersioe:_
<br />(a) slug ftareaeanu,ce in eaerciiing anc~ nght nr xemed}~ Shall not W- a waiver thtirenf.
<br />(h) Ail remedies prontled hrnvn are dislnct and aumnlative to anc other right afforded by law or oquity,
<br />and may tae exerrntd roncumnttg~, independently or sucrossnEiv.
<br />(e/ 7be conettants and aYrerrnentc conUined herein ~hait hlnd, and t17e rtyLhis inure tn, the respective
<br />suee,eafora and aasi;m r>f the ktongakx and the lAortgatttw•.
<br />(d) All crovettan4 and agreements o! the Mortgagor are lotnt and ;kveral
<br />(e) '{fie heading, of the par~npha of the±'+1ort~;r are fns conv~•mrnew onl}-and shall not ~ used to inter-
<br />pee~ w Sloane Sir pt~meut hrrwf.
<br />13. RNare. IIpoa paymnat of all sums ~~run-4 by thi, 6lortq»y;!~. Nongakrr .hall discharge this A".ort{(age and
<br />sltaH trarrute and delimrr a satefititxy teieur therefor.
<br />IN YYITI't " 1V}l RF,OE', :KortyKor ha+ rxtv~uted th~x ~iortgag,• ~;n the. 29th da} of _ Ap;:'il__--, 19 8~_.
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