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79-t.~ f r 1 ~j ~ 4 loan Noo 7 105 087 RICER attached to and part of MORT&R&E for $ 200,000.00 dated March i2, 1379 8y Ronald N. Spiehs and Jean Ann Spiehs, husband and wife MORTGA60R, To THE PRUCENTIAL INSURANCE COMPANY OF RMERICA, a New Jersey corporation, MORTC:A6EE. Additional Covenants; In the event Mortgagor, without the prior written consent of Mortgagee, shall mortgage or otherwise encumber the mortgaged premises, or any part thereof or any interest therein, whether voluntarily or involuntarily, the entire balance of the indebtedness secured hereby shall become and be immediately due and payable at the option of Mortgagee; provided, however, that Mortgagor may mortgage or encumber the premises, or any part thereof or any interest therein, where such mortgage or encumbrance is granted to an institutional lender as collateral security for crop production and/or farm operation loans made for the benefit of the mortgaged premises. In event of sale or transfer of all ar any part of the mortgaged premises, whether by operation of law or otherwise, without the prior written consent of Mortgagee, the entire balance of the indebtedness secured hereby shall, at the option of Mortgagee, become and be imsmediately due and payable. If Mortgagor or any co-signer ar guarantor ~f the note secured hereby shall file, or there be filed against any such party, a petition in bankruptcy or insolvency or for other similar relief under the bankruptcy laws of the United States or under any other applicable Federal, state ar other statute or law, or a receiver, trustee or liquidator shall have been appointed with respect to such party, then in any such event Mortgagee shall have the right, at its option, without giving prior notice to Mortgagor and without liability of any kind upon Mortgagee, to declare the principal of the note hereby secured and then outstanding to ae due and payable immediately; and upon such declaration the said principal, so declared. due and payable, together with the interest accrued thereon, and together with any other sums secured thereby, sha7i become and be due and payable immediately, anything in this mortgage or in said note to the ccntrdry notwithstanding. Mortgagor hereby waives any right to require that the real estate mortgaged hereby be sold as separate tracts or units in event of foreclosure hereof, hereby authorizing and empowering Mortgagee in such event to sell the mortgaged premises in one tract ar otherwise, at its option, anything in this mortgage to the contrary notwithstanding. PtCP 3230 Etl 5-77 @_