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<br />7. Condemnation. ;n the erentthe Property, oranypart thereof, shall betaken by eminent domain, the Mortgagee
<br />is empowered to colleet and receive all compensation which-may hm paid.. [or any. property taken ar for damages to property
<br />sot calcen, and Mortgagee shxl':.apply s,sch compensapon, at is aption,:either toareduel5onof the indebtedness,secured ~:
<br />hesieby er to *apair and restore the property sa damaged.
<br />S. Performance by Mortgagee. Mortgagee clay, but shalt have ro obligation, to do any act which the Mortgagor
<br />has agreed but `ails to do, and 4lortq_agee rosy also do any act it deems necessary to protect the lien hereoY. Mortgagor
<br />agtres to repay, upon demand, any sums so expended by the I4faztgagee ice the above purposes, aadany slims so expended
<br />by the Aortgagee sha11 be added to the indebtedness secured hereby and became subject to the lien Hereof, 11Sortgagee
<br />shall not incur env persanai liability beeausa of anything it may do or omit to do hereunder.
<br />9. Ile[anir, :latignment of Rant: Time is of the essence hereof, and upon Mortgagor's default in any; covenant
<br />or agrxment of this Mortgage, including ~_o-renar!LS to pay when due the aunts sectn'ed by this :4ortgage, the Mortgagee shall
<br />be entitled; at its sole option and without notice, to deflate all sums secured by this Mortgage to be immediately due and
<br />payable and ruY cornmence foreclosure of Ht6 Mortgage by° judicial proceedings; and, provided further, thrt ugon such
<br />default for Mortpgec, of a receiver appointed by x coati, rosy at its option and without:regard to the adequacy of the
<br />security, enter upon and takeposs~sion of the Pmperty.,attdeollect the:rents, tsaueaatrd gtofits therefrom andapply:theta
<br />first to the cast of coliectian and operation of the Pmget#y, and then upon the indebtedness sectteed t+y this Mottgag~re;
<br />said renu, issues and profits beitrg assigned to the Mortgagee as tucthet security, for the, payment of the indebtedness
<br />secured hereby.
<br />10. 'I4>or[er o[ Traperty. If al! or any pair of the Property is sdld or transfemd vrithout ttie express written aron•
<br />stet of the Atotigagex, haortRagee may at its sde option; declare all stems secnred by this Mortgage t4 be immediately' due
<br />and ptyahte.
<br />11. FLture Advanoes_ C'po4 cegnest oY Mortgagor. Mortgagee may-.make additional and future advances to
<br />Mortgagor. Such advances. with in4etest thereon, shall be aecttred by this Sortgage when evidenced by protniaeoty notes
<br />stati7eg that said notes ane sxueed hereby. ~t no time shall the prtncigai amottnt oY the indebted<~s sectieii by this
<br />Moetgye, not ietdinding sums advanced to protect the secwrity of this Mortgage, exceed the original Note:
<br />12. Miaentlaero~s Roviowu.
<br />{ri Any forebearance in rxt~rciaiag aQy right:clr remedy shall noc be a waiver thetieof.
<br />(b; ,Vl !emedies provided beeeia see distinct sold cnmiilatiso to aQy other right afforded by law or equit}',
<br />and may be enemsed t:oncurrrattly independently orsuaxxaively.
<br />(c) Tile co.en:nu and agrrementa contained bere3n s-iall bind, and the rights intue to, the reepoctive
<br />stscceaaora and asaigm bf itN Mortgagor and the MottpKee.
<br />Id) All covenants aind agtteQieats of the Mortgagex err plat sad several.
<br />(e) 'Iba Madia~ of the p of this Mortgye aQl [ar eonrenlence only .and shall not be used to inter-
<br />pert sir defim~ the prei7yionah+r+of.
<br />13, italear. Upon payment of dl anAta secured by this L::xtgage, ~ stlat! discharge ..this Mortgage and
<br />shay exaestte and delleer a sasirtaettxp reteaae thc-etrx.
<br />lei -YITESS WHEfIBQF, ~lorigagar has ezsruted this Mortgage on the ..~_ day of Mav . 192_,
<br />(I)arlett,-s ?!. siroadsray I?itillLpal ~=gowr~wa-
<br />ItOir'DF'ar
<br />&aM oI Nalraaka, _.- Hall .._ Camty w:
<br />On this _ 4th ~ day of ~'.aY 19 $~ be[ore-tae, the undersigned, a Notary Public
<br />duly eomeeiaaimad and qualifkd for satd aonncy, peasos-fllY eamr i)as:3ratt:as. At $a'rvzdvzu L?h~ z~?..pc
<br />_, to me ttnown to be th,e
<br />ideatieal petsoofaj whose naerr{s} are suhaeiibed to the fortgpng insttumeat-and actcriawled{ted the execution thereof
<br />to ix _ , er ~ ralmtary rct sad deed_
<br />lyfteaa Qty itatad and nalaalal aer) at Grazed Island, tiE fin said coutttY, the
<br />fleas rtneraaid.
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