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<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~_. <br />r <br />i <br />s A. r _ _ ------ <br />gnu w~ <br />.. , <br />Slattr of NtAaaatt, ~~1 ---.--__- _. ._ _-_. .. _,Gwrty ss: <br />Ole t-#s_ ~LIl d+t7' of -~_.t3~2C3i_~ _____, I9~2 _. before mr, the understgrrrd, a 'rotary Public <br />u 6edforsa'drnuntv,persona!lvcam~°_lbert TJ. "IYtc~t.v<>r 3n_t3 Iii: A. 'IYie~~per, <br />~~rttvv~~ n~~ -- - ~ - - - - <br />Ht~et~trsts .e 1[fcl~sei F.. ~ubezt and Brnnda 3 '.Se~abert, Husband and Wi°e, and (:ear;, c <br />- ~'OGCkB Bad aTt1d1 r~_ Vate~CS. I~tiS1JY7ld _.~1~4--,- __-, -- -- io >nr known to be the <br />identical ,xnon(sl ttrhoae ttaeaeialarrsuAscr~trrd Lo the forrRmng i~stmment and aeknow{edRed the executionthereoC <br />to he t1fEf I' vafuntary art and dewd. <br />Witrsrs trig hard and notatiai seal at _~_..____~?~~ Island - -~--_____--- _--__-- in said county, the <br />darts aiosnra"rd . - <br />GOmtttiaann r~ nos: 'f .j / 4 ~ i. r <br />,- <br />w /r4.'i <br />x~~~f~~Y/Ji~~~ ~ <br />~~~-. -~-..--~. rarv Puhtfe <br />~~ <br />-- "' '- ---gSLsa i~ ?'}1s Lluie 1<eser+'rG° nr i.eslt4rr aT~d if eeflrAer3 <br />~+, -. •S. <br />ti '.4. <br />ri-~ ~~ o <br />~ ~_ <br />s t ~ •.. <br />3 z .-~ _ , <br />.~. +~ <br />~' ~~ a~ <br />~" ?x74. { ~w'1Ln-""Ale ~;)~ 'S ~ <br />~ ~ ~~ <br />a5 Rf e4~ <br />f <br />