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7. Condemnation. !n the event the Property, or any part rhereof,:shall be taken by eminent domain, 4he Mortgagee <br />is empowered to collect and receive al? compensation which may bepatd for any property taken or fordataagesM property <br />not taken, and Mortgagee shaft apply reel: compensation; at its option. either to a reduction o[-theindabtedpess secured <br />hereby or to repair and restore the property so dama{ed. <br />8. Peeformanee by Mortgagee. Mart{a{re may, but shall stave no obligation, [o do any act which the Mort{atEor <br />hie t{rerd but tails to do, and Mort;a{ee may oho do any act it deems necessary to protect the lien hneo[. Mortga{or <br />spree to repay, upon demand, any surer so expended by the Mortgagee for t1e above purposes, and any sums so expended <br />by the Mortgagee shall be added to the indebtedness secured hereby and become subject to the lien hetsro;. Mortgagee <br />shalt not incur any personal liability because of anythin{ it may do orbmit to do Dereunder. <br />9. Ihfault; Assi{ament o[ Rents. Mme is ut the eenence hereof, and upaa Mortt{s{or's default in any covenant <br />or sReert~ent otthis Mort~a{e, includin{ covenants to pay when due the sums secured by this Mortga{e, the Mortgit{ee shall <br />be entttNYl, aC i4 soM option and without notice, to declare atl sums segtrrrd by this Mort{a{e.to be immediately due and <br />payable and may eomatence toreciosure o[ this Mortpt{e by judicial proceedin{a; and, provided further, tbat upon such <br />.default the Mortp{ee, or a terxiver appointed by a court, ntry at iLs op. and without regard to the adequacy o[ the <br />security, eater upon and take puaesaion of the. Property and collect the rants, issues and proGls thettQom and apply them <br />Dist to the. cost o[ collection and operation of the Proprrty sad then upon the indebtedness secstred by this Mortpt{ee; <br />aid rent, issues and profits being asu{ned to the Mortgagee u further security for tlx payment ofthe indebtedness. <br />secured hereby. <br />1D. Tratr{sx of Property. If all or any part of the Property is sold or tnnstemd without the express written con- <br />sent o[ fhe Mortgagee, Mort{acre may at its sole option, decare dl sums.securcd by this Mortgtge to be immediately due <br />and payable. <br />11. llstarc Ad-arteea. Upon request of :~llortp{or, Mortgagee may mane additional and future adYantxs to <br />16ortgigar. Such adraneec, with interot th?reon, shall be secured by this Mort;a{e when evidenced by promissory Hofer <br />WUng .that said notes are secured hereby. At no rime shall the principal amount of the indebtedness secured ~y this <br />NoK~ye, hat indudsn{ ausro adrant~d to protect Cbe security of this Mortgge, exceed the oripoai Note. <br />12. Miseailaeeoes Prmiaiortr, <br />(a) Any foeebearaace in eurrisin{any ridtt or remedy shall not be a waive thereof. <br />(b) All remedies provided herein are distinct and cumulative to any other right afforded by law or egoity; <br />sad racy be exerszsed ~roncurreaUy, indepeodmtiy a successively. <br />(c) 'I~e rnrenants and agreemenu :ronuined herein shall bind,. and the ri{hts inure lo, the respective <br />sueeessaes and assigns of the Mortp{or and the Mortgagee. <br />(d) All covenarrG and agseetra!nu of the Mortpgor ate joint and several. <br />(e) 'Ihe heading of the paragraphs of th¢~ Mortgage arc for convenience only and shall not be used to inter- <br />. prck or deGrte the proviciona hereof. <br />13, RaMer.- upon payment o[ sf! sums secured by Nis Mort{.age, Mortgagee shall discitar{e this Mortgage end <br />stall execute and dNivet• a sstis[actory release therefor. <br />['~ WI72YE5S WHEREOF. Mort~or has executed Chic ~t~ on the '~ _ day o[ __ June , 19 ~~ . <br />}}/ ~ <br />/~ L L i...,-'~ / _~~[_i a '~ - --. Hugo rer <br />"~`c~iarc~~:-Peer nag)) ~_~~ <br />x?, an ~xa rue _ ~g7`- <br />State of yeberlra, _ Hatt ____~_~__`-.county $: <br />On this ~4t~__day of __~I Utz _ 19.E=, before mr, the vndeni~ted, aNotary Public <br />dsrlycoetmWioacdaadqualitied[orsaidcounty,personal)}tyma ichard M.. Fruehlin~an _Sandra <br />A_£ruehldn_~___ __ _~_ to nzF known to be the <br />idrvrtical pMaou(s) whaee name(s) are suhvcriLed to tJ>E fore{oin{ instrument and acknowied{ed the execution thereof <br />~ he, these. _voiuatary act and deed. <br />rFitaeta my bind amt natsriil seas st__ :~r=nC h ~n4. tic, ~-- in said county, the <br />date atarcsatd. <br />My Commission expires' ~ e"' _ <br />`, -` <br />~"~ ~~~gtalae Walls votac. FCt fie <br />_`i Y1raw~ 4~~ tf{i <br />-- -,trw~c w.t~. rev. v.ior x..~..ea ro, ~.~wr..,.e n.eo~d+v -~~__-~.__~~.____~_ <br />'.~` <br />i ~ i <br />'~ ~ '~ sip, 'y <br />~ c- <br />'~ ~~ ~ "'s 'r _ <br />~ ~ to <br />~~ "; ,~ <br />w ~ r ., <br />rkcx <br />