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<br />to and Victoria L. White
<br />and wife
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<br />(q) That in Lhe event the Mortgagors Iall to pay wmer. due any taxes, Slens, •:udp_*nen ts, or assessor?r.ts, or fail to
<br />main fain 'nsurance as herelnbef ore prcvided, or fa!1 U.; pay rents, fees, or c?;argea under the terms o` any lease,
<br />perml t, license, or privilege; or Mortgagee is requ Sred to incur expenses for aDS tract fees, atto^r ey fees, costs,
<br />expenses, and other charges Sn connection with 1l tigstlon, Mortgagee may make such payment or provl de such irsurance,
<br />or incur such obl!gation, and the amounts Paid therefor shall become apart of the indebtedness ser;;red he..^eby due
<br />and payable immediately, and shalt bear interest .*rom the date of payment at the same rate as provided for de.~ault
<br />Sn the note.
<br />(51 That in the event aqy awards ar-e made to the lortgagors or their successors Se Interest fer taking or damaging
<br />by the exercise of eminent dcmair. the ~•v!role or any pert of the mortgaged pr~mises or aqy easement there ia, the said
<br />awards are hereby assigned to the Mortgagee: the Mortgagee Is hereby authorized to collect, receive, and receipt
<br />therefor azrd to apply the seine Sn paym?nt of arty indebtedness, !natured or unmatured, secured Dy tbis mortgage.
<br />(6) That is the event "' rtg3,-ors default in the payment of sa!d prlnc!pal sum, ~- cf arty instsllmenr. thereof, „
<br />of arty interest the..^een, Jat the tine when the same shall be due, or :c1 th respect. to any cove?rant ~ .-'dir.ie^. her?-
<br />of, then, at Lhe eFT-1c.^, of Mert.gagee, the ?ntire indebtedness secured hereby shall forth:~Sth become^due srd ;; ay able,
<br />shall bear Interest at the default rate described in said note, and the Mortgagee may immodiately toreclese this
<br />mortgage or ,pursue aqy other available legal remey,~.
<br />(7) .That „the ?vent set Lin is brought to foreclose this mortgage, the Mortgagee shall De ~ d Le :m^ediate
<br />pessessi on of the mortgaged premises, and the court :ray appoint a receiver to take possession et~sald nremi ses, wltn
<br />the usual bowers .,t race,vers Sn like Issas. -
<br />(9; TY,at tai lur? or tleiay of Mortgagee to exercise sry of its rights c° _ vileg°c shall not b? construed ss a
<br />waiver t.*,er eof; '.h°_: ,3a• act u` Mortgagee wslving soy specific default of Mortgagor:~ st:all not ^e construed a a
<br />waiver ci a'Lc fut:;re def.sui*s-'tha[. in case of d~f=,..1t !^ Lhe payment :,' any amortization instal linen is ^^ interes*_,
<br />se p3Y^_ b': LST':7? Of 3tl}' 11E1. i:ldp'm PP. i.3K iPS;l.^a.7CP., U^ c'x or fCPc ,^ra
<br />ssi ~^ vrtgawee s,"":- _baceM Setl thou d?cl.ar?n the wn, ,..-~ pP Q ', ^. «, ~~ rges
<br />pr v_ ege, wi g ol? i^:debted^.ess du and pays5le. *e rorec'_CSe o
<br />aCCi'+:1P.L ~° 5:1ih SpeCi _`i' def 2~1L for such Sllms 'ate 3r? to de tall it a::C ~.llch foreCl O<ll:^" P^CCeedings may b2 1;3d and
<br />Lhe land ~?SCr:De_° nerat~:T3'; De so~i 5~D1eCt. to LMe jai:i indeDted:,ess hereby secured, and this mortgage shall
<br />continue r.. 11=^ L,. ; u..^.paid balan^e.
<br />{2) ThaE t'~e Mart.gagee may extend and defe° the maturity o` anC r~=r:ev: 3nC resmo*•tis2 said Sndebte-dnens, release
<br />ram llaDi_i~ty sn par?y _SaD L ;-hereon. ^e1?ase fro- the lien hereof porticos e the property covered hereby,
<br />w1t'ro~, fee _he tY .*,e^ ~the 11abLlity of ~tortga-ors or a f p~
<br />SndeDte,,.,_n . `ai _M ...., r^te{, : „~. ~V„ ny other part; or the _yment of said
<br />x nsio. erments, .ene:e31s, sod resmor ar.!ons to be secures hereby.
<br />(];~) Trsr:sfer of Security. it. is agreed between Lhe parties TAre tc, their heirs, legal r^presertatives and assigns,
<br />tT;a~ t.*.e intet.ity sod res.oastb111ty ~ the M TMpagers ecnstitutes a ; L of tt:e consideration for the ,rote secureC
<br />hereby, sod that the event the Mortgagors shall sell, transfer, or~ecrveY the property described herein, the
<br />Mortgagee may at 1 ~ cPtior. de~i~se th? ?r!t!re 1nCebtedr,ess immediat?ly due and p3yab'_3 and may proceed Sn the en-
<br />tor^ement. of !,= rig,T;ts a_s on -ny' ether ..?fault is 'he terms of _.~e art? and martF ag=.
<br />iAa-r~s a~ ptrrases e1~ i-- np -bnc ~ ?~.~. ; ''_r~o1 sna:? ba tors;-;.e, a., ,.. tho _o ciar or 9isras
<br />n:axberc ¢nB cc 3asc -...e, ... .. w, br n21._r c_..__ .._c^r?i {~ is z*.z/~/en-:~x..; /~/ /~ `
<br />_,'r,_. ~~."(~+1:~2~J/ L~{,!~c-~ (SEAL)
<br />Robert D. White
<br />_ .,_ ~ 1 i`'IC`r,1 R ~ . i \ X11 ~l ;SEAL ;
<br />Victoria L. White
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