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<br />(8) Thal Sn the event any awards are made to the Mortgagors or their successors 1r: roterest for taking or damaging
<br />by the exe^c 15e of eminent domain the wfioie or arty part of the mortgaged premtses or any easement therein, the said
<br />awards are hereby assigned to tn? Mortgagee; r,te Mortgagee is hereby authorized to coil ect, r?celve, and receipt
<br />therefor and to apply Lhe same in payment of any IndeDL=Mass, matured or unmatur?d, secured Dy this mortgage.
<br />{7} That Sn the event Mortgagors default. in the pa}Rnent of said principal sum, or of any installment thEreof, or
<br />of any interest Uheroon, at LY:e time when the same shall be due, or with respect to arp' covenant or condition here-
<br />of, then, at the option of Mdrtgagee, rile entire indebtedness secured hereby shall farthwlth become due and petiyaDle,
<br />shall bear interest at the default rate described ln. said note, and the Mortgagee may immediately foreclose this
<br />mortgage or pursue any other avaSlsDle legal re:redy.
<br />{e) That Ln the evert artlcn is brought to ..*orecles? this mortgage, the Mortgagee shall be entitled Lo immediate
<br />passession of the mortgaged pr?ml ses, and the court may appoint a rote LVer to take possession of said premtses, with
<br />the usual powers of r_~?.vers in ii'R°_ C35e5.
<br />{9) That fail'are or delay of *!crtgagee to exercise any of its rights cr privileges shall rot be construed as a
<br />waiver thereof; that ary ast, o Mortgagee waiving a.^,y sp?clflc d=fault pf Mortgagors shall not be construed as a
<br />waiver of any future defau'as:that Sn case of default Sn the psyment of any amortization irstai lments or interest,
<br />or in cast of paymart by Me.^tgaa?? of arty _1en, Judgrent, tas, irsurauce, cost or exp ease, er rents, sees or charges,
<br />said Mortgagee shall have the ;:r!viiege, wit'reut declaring the whole Srdebtedness due and payable, *.o foraclcsa on
<br />account of such specific default for such sums as are In default and such foreclosure proe?edings may be had and
<br />Lhe land described here_^ ray [- suDJ?ct ~_ the anpaid SrdeDte tress hereby s?cur?d, and this mortgage shall
<br />continue as a tier, fcr a1:; unpai? _Dsla^.ce.
<br />{iG; That the Mortgage? aay extend and d the ;naturi : of and ten?w and r?amortize sold indebtedness, release
<br />from liability ary p liable t on, elease :rpm th? lien .*,eraof portions ^: the property covered hereby,
<br />without sf fecilnc the +yrS Orl ty retool orµ ,sbility Mortgagors cr a[y' other party for the psyment of said
<br />rndeDtedness, .._. cut?; Pxtzas'_~^as. ..-.`°r'!2e;; ~y, rar•e',vais. a:!.^, r~amortlzatlons co De secured hereby.
<br />(1.1` Tr3_ns:`er of ; ,~Sr:. .1 hetw=c^ a. here*.c, their heirs, legal representatives and assl~s,
<br />teat the tog:.*_?=r~ r= pzr c'~r s [States a part o Ste consideration for the note secured
<br />1:ereDy, snd Ltat~ t?:e ever,' ycr*_- se"_~ .:.for, a^ ~em•ey t':e prep?rty described herein, the
<br />Mortgag?e may - t.h?- 'i^?- ~abt> -~S^' [Sat?ly due and payaD le and may proceed in the en-
<br />farcem?nt .._ .._ gh_c __ .... _;-,~r__..... ---_.... ... ...._ .ems .gat^.e note and mortgsye.
<br />{~} Assig^T?.^.' - - =se- -~e3cr. hereby transfer, set ever, acd ce.^.vay to Mortgagee all
<br />rents, ro}a - tit become due ay sDle u^d?r try it gas,
<br />_ - - r5 - ^g
<br />or any~Psrt .hs ., A._ ._o, _~?1,~d ~} sg _ shad ~*_ appl,i ed ~tL': the SndaD ... ,mess s?cured hereDy:wor
<br />said Mortgagee ^ay, tarn over ,.~lirar~Cr *..!:e Mortgagors or their successors in in*.ere„t, aqY Or all
<br />s_*. sms wi't".a'- acy ^tgaK°e~ ^SghL and retain future sum an:^ rcithout preJudice
<br />to any c` ice, ~ :_^. his .,usg?. ae ~rsns, ~_ ^aveysnce hereunder tc !^~rtgag?e of said rents,
<br />royalties, „re•°r - _-_.;c-'m °d -, ne ;;~~^c'isien f. the ,^.ayment or reduction of the mort-
<br />gsge debt. sL~_ _ 1~. -. ~`! ..C..^:_ ~videj. +_nCependert of tine mo^t3age -en on said real
<br />EstSLa. Upon °nt - - -tgsge d?`.t :.. '_ t-e r_~?ase of this mortgage cf rr~nrd, tt!sfconveysnee shall
<br />Deccme 1^ r'rst: ue __ r . .. .... ..... .... .- G.... _.__.,_.
<br />(XD>QS ar.~. ~, - - r. aci~~~,ia'--~ _y. :x-aa*. s':ai? :ors -~~ .. in .he - :3 or gEurat
<br />me¢Sers Y~~.a=~~nss~~:. <-. ... .. ._, ., t~-a _ ..~ _--., dtrc _,. _..- ._ext ~/~'
<br />_ .'--._, ~' (SEAL)
<br />.. -: ~ ~c you r~aFiam
<br />.L..stl rc ~ Ql( ~.a y?.C!'.~-n I (SEAL )
<br />acne B. Gr am
<br />:_~_ (SEAL)
<br />_..~-.,_ i SEAL )
<br />/+ Paul E. Graham and Elaine E. Graham, husband and wife,
<br />{_ me _nCw.^. ,___ .._ .- .. ._,. _.. ._. .._ .. =.. _ _ ~, .._. ~. ,,.. .:... :ii ._..._e_g_ ___ __a}' °Te'nted
<br />the SaR!e .-.... t .. _ ._ ._--_. _ /~
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