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8c--=)€143 t 4. In the event the Property, or any Part thereof, shall be taken by eminent domain', the Mortgagee is empowered to collect and receive all compensation which may be-paid for any property taken or for damages to property not taken, and Mortgagee shall apply such compensation, at its option, either to a reduction of the indebtedness secured hereby or to repair and restore the property so damaged. 5: Mortgagee-may, but shall have no obligation, ~o do any act which the Mortgagor #ias agreed but:fails to do, and Mortgagee may also do any act it deems necessary to protect the lien hereof. Mortgagor agrees to repay, upon demand, any sums so expended by the. Mortgagee far the above purposes, and any sums so expended by the Mortgagee shai'1 be added to the indebtedness secured herphy and become subject to the lien hereof. Mortgagee shall not incur-any personal liability because of anything it may do or omit to do hereunder. 6. Time is the essence hereof, and upon Mortgagor's default in any covenant or agreement of this M#rtgage, including covenants to pay when due Lhe sums secured by-this Mortgage, the Mortgagee shall be entitled, at its sale option and without native, to declare all sums secu-red by this Mortgage to be immediately due and payable and may comarence foreclosure of this Mortgage by judicial proceedings; and, provided further, that-upon such default the Mortgagee, or a receiver appointed by a court, may at its option and without regard to the adequacy of the security, enter upon and take possession of the Property and collect the rents issues and prof'ts therefrom and apply them first to the cost of collection and operation of the aroperty and then upon the indebtedness secured by this Mortgage; said ruts, iss{yes and profits being assigned to the Mortgagee as further security for the payment of the indebtedness secured hereby. 7. If all or any part of the property is sold or transferred without the express written consent of the Mortgagee, Mortgagor may at its sole option, declare ail sums secured by this Mortgage to be immediately due and payable. 8. Any forebearance in exercising any right or remedy shall not be a waiver thereof, 4. All ree~iies provided herein are distinct and cumulative to any other right afforded by law or equity, and may be exercised concurrently, independently or successively. 14. The co~fenants and agreements contained herein shall hind, and ail rights inure to, the respective successors and assigns of the Mortgagor and the Mortgagee. .I. Ail co~-enants and agreements of the Mortgagor and the tortgagee are joint arxi several. 12. Upon pi,y+aent of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and shah execute and deliver a satisfactory release therefor. IN WITNESS NHEREOF•, Mo~9gagor has executed this Mortgage on the L~~day of -.°~t+shrr 882Z~ ALBERT ~aooWiri .7 ,~;n s -a s.-~ fry )}") .~` ~,.-r.-c~:~ =w Y~. BflriITA M. GoOI?4lIN STATE 4f t~8NA51fA, Hall county ss: On this ~ day of _ ~CtM~1nT l9 II2,beforR ~^;e, the ±~nd:rsigned, 1 ;c~tat'r Public duly commissioned and ciualified for said county, personally came ALBERT GOQOWIri l~{p_B{~iITA Mf. GOiflIA+CIri husband and wife , to me known to he the identical persons -rhese naffs are subscribed to the foregoing instrument and acknowledged the txeCUt#tus tl~ratsf to be their vo=untary apt and deed. "lpletJ.Rp01e1~ tart' ~ubT~f,g .~~..~. ~rawr- r*,a,w sa, nw. , r •`~ ~r°j