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i I ~ '. <br />h C~""'.' ' G . <br />uU2~~$ <br />~.~d i t, i~~~l ~'advances, or u!r tfsc eves: t tt ~ -''-'<~ °tg y_ar y,,.,~ i o _ t l , e{ t^~~r ou'jr i gt;+ by i end ~ _ ', <br />rr,t,r'act,, by lease purcha,,e <'3yreements, or crherwi;e, ar ride therE#c= shsiuld a#herwise <br />become vested in persons ether than the '•brtgagar; Then r;-~e whale indebtedness i;ereby <br />seeured.;.rsll thereupan cr at any #ime thereafter, at the aptian o' the Association, become <br />imrrrediateiy due and cailectibie without 'urther notice and this `~F~rtgage may trren be fore- <br />cfosed to recavar the same, with interest thereon, at li ~ and all reasanable costs <br />and expenses of suit, including abstracting or title searcti fees. Acceptance by ;4artgagee <br />of one or more installment payments on the indebtedness secured "Hereby subseauen# tc any <br />sale er change in awnership ar possession of said teat estate, ar any part thereof, as <br />above provided, as to which rr~rtgagee has n.ot granted its wriften consent, shall not <br />canstiti;te a waiver of Mortgagee's option to accelerate she whale indebtedness hereby- <br />secured, which option may be exercised by ~'iartgagee at any time. fJa delay or orrenission of <br />+=3arrgagee fio exercise any right or aptioH accruing upon any default shall impair any-such <br />right ar option, ar sha(I t;e construed to be a waiver of any suah defaul#, ar an acquiescence ' <br />therein.; end-every option and remedy given by this Pv~ortgage to the thartgagee may be exercised .. <br />-from time to time as often as may be deemed expedient to t/,ortgaoee. <br />- Provided further that in the event of default in the performance of any of the terms <br />and cor:ditions of this R,artgage, the .JOte secured by this i'rcrtgage, ar any other Hates for <br />additianal advances, on the part of the i=lortyagor, the Association shall 6e entitled to the <br />immediate possessian of the premises above desr_ribed, together with all the rent, revenues <br />and income, including any land r_antract oayr;~ents due the !~,ortgagor ar any other incames of <br />.any type whatsoever, to be derived therefrom, and said Assaciation may, in its discre#icn, <br />use the rents sa tar as it deems necessary for the purpose of making repairs upon the <br />premises, and for the payments of insurance premiums, taxes and assessments upon said <br />premises, and for necessary expenses incurred in renting said premises and collecting rents <br />therefrom, and to apply on said note and Hates and agreements for future advances, until <br />the indebtedness secured is fully paid; but said Association shall in nc ease be Eiabie for <br />The failure to procure tenants, to collect rents, or to prosecute actions to reccsver <br />possession of said premises. <br />Executed this a?~ day of may. 19~ <br />v--- <br />it.1'Ji~lFY- OF HALL ) <br />Qn this~day of fJu~,,. E9 heforc me, a Pv./ ary "ubl is in and for said <br />(;c~ nty, personally came tape-a-d'ov~e `~-m~d nKLES D ~QSSE~AN AND ~APiET K BOSSELMAN, <br />ttusb~hcl and wI f~ tc~ .:~e wei f rc~3w7F ~c: ~t< f' e ~ p 5 <br />,r. in~en-rca~ erson whose-name s <br />are affixed to the above l~crtgage as grantors and are severally adknowledged the <br />said instrument and the execution thereof, to be their valuntary act and deed. <br />Wli'NESS my hand and Notarial Seal, tt;e day and year last abave written. <br />hly`-commission expires on the ~~ day of _ -Twa. 19 ~. <br />IRAt l':3TARV• srmew rtee.~w, <br />8i8PNEp R •6l'~!t <br />