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<br />7. CondemnaEion, In the event the Properh~. orany garithereof; shall be talten by etainent domain, the Mortgagee <br />is zmpowered to collect and. receive al compe_tieation which may- be pad for any property taken br for damages toproperty <br />not [aken, and Mortgagee shat! apply such rnmpensstiaa, at its aptian, either to a reductionof the indebtedness secured <br />hereby or. Co mpalx and restore the property so damaged. - <br />B. Performance by Morgagee. bortgagee may, but shalt have na ohLigation, to do any aot which the Mortgal;nr <br />has agreed bvt fails to do, and Mortgagee may afsq do any. act it deems necessary to pratestthe iienhereof. hfortgagor <br />agrees to repay, aeon demand, any sums so expended by the Mortgagee for the above purposes, and any slims so expended <br />ley the Mortptgee shall 6e added tq the indebtedness secured hereby and become susject-to the. lien hereof. Mortgagee <br />shall not incur any peaanal iiabiliky because of anuthing it may do or omit to dohernuader. <br />9. Default; Asognment at Rents, IS me is aC We essence hereof, and upon Morigagox's defactlt in any covenant <br />or agseemeai of this Mortgage, indvding covenants to pay when due the sums secttrnd;by this Mortgage, the Mortgagee shell <br />be entitled, a4 its sole option and without notice, to declare all sums savored by this Mortgage to be immediately due and <br />payable and may commence foreclosure of this Mortgage by judicial praceedinga; sad, provided further, that upon such <br />dehu-t the Motigag'~, or a receiver appointed by a court, tnay at its optaqu and wlthoat regard to the adequacy of the <br />aeeuxtty, enter upon and take possession of the Property and crollect the rents, issues and profits Therefrom and apply them <br />flat to rite coat of coilectioo and opentina of the Property and Chen upon the indebtedness secured by this Mortgagee; <br />sand rctrts, issues and profila being assigned to fhe Mortgagee as further security for the payment of the indebtedness <br />xrurcd hcrebq. <br />10: 7Yandar o[ Property. It all qr any put of the Property is sold or transferred without Che express wtiUen con- <br />seato[ the Mortgtgee, Mortga,gcw may ax its sole option, declare ail sutaa,secured-by this Mortpge to be immediately due <br />and peryabie- <br />11, 1'uttaae Advances. Upon request of Jiartgagor, ',Mortgagee may make' additional and future advances to <br />rAloripgor. Such advances, with intzrest thereon, shall. be secured bg ihisMortgagewhen'.evidenced by Promissory notes <br />sating that said notes m secured hereby. At no ti,se shall the principil amotmt of the indebtedness secured by this <br />lfortpge, nd indudLtg sittm advaneed to prot~:t the security o[ this Mortgage, exceed the ariglaa! Note. <br />1Z liiaaitllanaoua hvviaiorr~ <br />(a) Any farebemnce is etterdaing arty ri~tt or remedy shalt sat be a vraiver thereof. <br />(b) All lamellas provided herein are distinct and cumulative to say outer right. afforded by law or equi4y, <br />and mat be e>Qereised rnncurrentiy, indepeadentty or succesaiv~y; <br />lc) 7be coveeants sad agteemeEta contained herein shall bind, atsd the rigltES inane to, the reapertive <br />successoes and a.aigos of the Mortgagor sad tae Mortplgee. <br />(d) W cosettanta and agrarmenta of the )\Lortpacir sae joint and several,.. <br />le) 71te headings of the. p~apits of this Mortpge are for conveniericc aaiy told shall nat be used tq lnter- <br />pret or de[Ine the provuiom hereof. <br />I3. Raba. Upon payment of all auana serurcd by thu Morsage, Martga~i shall diiicharge this Mortgage sad <br />a-all artaeup and deliver a satisfactory tNease therefor. <br />L'V YIITfiF~LS WHE1tEOP, M~Woc has ette~-uteri this 3{orr{a=o on the .-~QShday of _~a nri]__.T, 19 J3; . . <br />Bosselmsn, Inc. <br />Bouowm <br />/v <br />F e :i. ~ss?l:man, President naR~.« <br />w~1 <br />86rat d IiaUrua~a. Ya;ll Adams _.~_Councy ss: <br />Cha thin 29th day at_ ?~i 1 . 19_ 82 be[orc tae, tine undersigned, a tio!aury Public <br />dtrtyco~a..dandgeafitkdformdrnuntq,persanaVlycuoe`r2'eC ?i. ??osselri~ir. 'mown to r~B *o <br />h?~_Pr-esidPnfi rzf RncSFlmar Tnr-_ and to tae known W i>c the <br />idaatid paesoaa~twlroae oante~Y;~ wbseribed to the forcgoin~ instrument and acitnovrkdged the esecutioa thereat <br />~ ~ hi 3 _ vduatary act and deed, <br />Y l <br />Witness my hand sad notarial seal u. ~f~~-L~~ ~ ~ ~,~%i~=~=-.L ~-%' in said county, the <br />date afaavisid. ~-~, <br />/_ ~ ~'_ <br />N4' tomofwion ezpire+: r'-~j ~°~// lei _ ,~ <br />f # ~ ~ <br /> <br />~ <br />Tf V `.-. <br />~ <br />k~ <br />~ <br />~ ~ ~ Q <br />j~s s~ <br />Q ~ <br />r ~ ,',~ _, ~ <br />~. 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