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<br />?~---~vi~i e ~ ..
<br />.:dditlonoi advances, ar in the event the ik~rtG~;cor should :.ell, =~i~hr>r ru~tri,iht, by Iand
<br />~.;ntract, by lease ourciiase agreements, ar- ntherr+isc, or title thereto should c}therwise
<br />,.a~oR~e vested in persons other than the ?•?artgagor; then the whole indebtedness hereby
<br />7ecurid shall thereupon; or at any time thereafter, at il~s .;ption of the Association, be.c„me
<br />imriYdia.,;y due and ccllectit:le without further notice and this t"7ortgage may then be fore-
<br />~. i:~; .t, to. recover the same, .} i th ~ ,.trr2s t thereon , at _ I I ~ ~„U a I i reasonable cast.,
<br />and Y -~r~e_ o~ _~+ .cSudi .,:strvc+ n; or ±itle ~ear•.~h fees. Fcceptance by ttartgaaUe
<br />", aim or nx;ra•ir~staiiment payments on the indebtedr,Lss secured hereby subsequent to any
<br />_.~~ or r_h,rrge in c;~r;ership er possession of laic real estate, ar any parfi thereof, as
<br />.,v~?ve ;rrc`~•ided, as to vthiCh mar'aagve i'~as hat •; ranted .t5 ,;ritten consent, 5hail not
<br />,,.;nstitute. a waiver of P~rtgagee's option tc accelerate the whGie indebtedness hereby
<br />secured, which Option may be exercised by h'artagee at any time. No de; ay or ammis=_ion of
<br />'i~rtc,agee to exercise any right or option accruing upon any defau;t shaii .r^.vair any such
<br />+-`,;nt or option, ar shall be construed to be a waiver o' ar,y su_h default, ar an acquiescence
<br />this "=~rtga~ e ~ tha hart a se ma be exero i sod
<br />th~~r2in; and every option and remedy given by g '~= 9 g Y
<br />irum time 'to time as often as may be deemed expedient to Mortgagee.
<br />Pravidad furtt,er that ir, the evert at default in the>. perf~~rmance of any of the Term,
<br />;;nc, :::+:;r:ditions o; this i~?ortgage, the Note secured by this '~~rtgaga, or any ether notes fur
<br />'ditionai advances, on the par'fi cf the P+lortgagar, the Ass.~ciaticn sha11 be entitled to the
<br />,.~„_diate possession cf the pree,„ices above described, together with a!1 the r~=nt, revenues
<br />,.,,`i^cc;me, including any land contract caymer;ts due the tik;rtgagar or any other iric~~m~es of
<br />,ny- type wi:atsaever, fa be derived therefrom, and said Association may, in itr~ discretic,n,
<br />,s.. tr;e rents sa far as it deems necessary for the pur,.ose of rrahi^g repairs upon the
<br />,r~ar:ises, and for the payments cf insurance premiums, taxe=_. and assessments upon said
<br />:,r ~;;^;isas, cr.u far necessary expenses incurred in renting said prarni ses and col letting .rents
<br />_,ytram, and #a apply on said nata and rotes and agreements for future advances, until
<br />!ntr'ir;deGtedness secured is fully paid; but said Association shaii in ra case r:~ liable-tor
<br />_ failure to procure tenants, to collect rents, er to rasecute actions to recover
<br />„ _,essiart c` said premises.
<br />_ ~cuted this 3rd day ct .lanuary I ~ 74 . / t
<br />a e A ,ac; n~~
<br />Jaf~',ret L. Fay has
<br />v
<br />_.Iii ~ i.~ iJt~tti'tr l~it`i
<br />~_.:T~ ~'F HALL
<br />this 3rd day of 'a „ary i'y7° aafcre -.e _ :rotary F'„_~ic in and tnr said
<br />,unty, parson( `y came the ove .,aroed CLF~phdCE r^^.. rA.C~;.'C ;~?JO J~+NET L. PAD~v`dpS husband and
<br />w~j~•a - ate :r'e; I Knave:: YG ~~ ~,~~ ^de nt::.ai rsan s Y7h use n"'ut'.'£_
<br />a.,,~~_~.___~<- eG ~., the ab:-~"or cage .,s gr'artar_sand _ ar- severalir ad~nowiedg2d the
<br />_>:iu ~ ,at ut,c~r;' and `^~- xec.:t ~ ..~ .,^`, t~, ba _ eir~v~1~~^tar•, a~t aed deed.
<br />.;{+,'d4`.. any hand anti ;'>lot.ari.,, ,tai !tie day n^/year ~3st a//cove K. itten-
<br />~~ JOtarv Pub i'tc
<br />r'`
<br />r.,,,...,..~sion expires on the ~,~ -:gar a* .~~t1-..~-- ~ ?`~~.
<br />.'ft'3tARY• S.e+. o+Metr.e~6e
<br />81'EPi#EN R. ~ELTY£R
<br />i!y rte. fzp. 3ur~ 3r3, I9)9
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