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1 ~ - - RECORDER'S MEMO; lEGIBIUTY GF
<br />_ O ^ ~ ~ ^ ~ WRITING, TYPING OR PRINrIN6 4.
<br />- 79 J Urlr UNSATISFACTORY
<br />- - IN THIS DOCUMENT WHEN RECENED
<br />~~,diiianaf advanceF,, ar in the event the P'~ortgagor should sell, either outright, uy land
<br />ItrGct, by ;lease purchiase agreements, or otherwise, or title thereto snauld otherwi<_e
<br />..u~le vestedin persons other than the I.lortgagor; then the whole indebtedness hereby
<br />( u rid shall thereupon or at-any time thereafter, at the option of the Association, become
<br />( ~,~h~dia#eiy.due and:codlecfible without further notice and this hbrtgage may then be fore-
<br />~d a recover-The same, with inferest'therean, at II $ and all reasonable costs
<br />4kpenses of suit; including abstracting or tFtle search fees. Acceptance by Mortgagee
<br />ore or more iristaltment payments,on the indebtedness secured hereby subsequent to any
<br />le -~r change -in awnEprship or_passession of said real estate, or any part thereo#, as
<br />Save provided, as to which mortgagee has not granted its wrifiten consent, shaft not
<br />lifcite,a waiver of Mortgagee's option to accelerate the whole indebtedness hereby '
<br />,:_uled,.which option may be exercised by Mortgagee at any time. Mo delay or ommission of
<br />rlcagea to exercise any right or option accruing upon any default shall impair any such
<br />;~nr e,r apfior,; or shalt be construed to be a waiver of any such default; or an acquiescence
<br />,resin: antl-every option and remedy given by this +Sortgage to the mortgagee may be exercised
<br />~, •+; t i me #o t ime -as often a5 may be deen',ed exped i ar,t to 'Agcrtgagee.
<br />Provided tur#her that in the event of default in the performance of any of the. terms
<br />onditions of films Mortgages-the Mate secured by this Mortgage, br ary-tither notes for
<br />- ..tional advances, on the part of-the tAartgagor, the Association shall be entitled to the
<br />:~i3te possession of the premises above described, together with elf the rent, revenues
<br />,r:~' i+lcome, including any Land contract paymen#s due the t~brtgagor or any other incomes of
<br />-~, ype whatsoever, tci be derived therefrom, and said Associatia.7 may, in its discretions
<br />..~:e t[ie rants so ter as it deems necessary for the purpose of making repairs upon the
<br />,amines, and for the payments at insurance premiums, taxes and assessments upon-said
<br />. ~i!;uses, an~° ror-ie~s~~ eiy3cr~sas , ,,, rantz:~y sa i ~' peemi sea and- °; lect- ,.e s~..> f~ -°
<br />' °re'~atrom, end to apply on said note andunotes and agreements far future advances, untii~
<br />,F ,,,~ indebtedness secured is fully paid; but said Association shall in nc case be li'a61e for I
<br />'~ilure to procure tenants, to collect rents; or to prosecute actions to recover
<br />_s,cssion of said premises.
<br />Erac:~ted this j4tf~day os duly- - Ig7g
<br />~ man
<br />Marilyn F. ~Ij"-~Y~~
<br />_~~
<br />--
<br />i L 3P i#c_t~~_ Si r~ )
<br />} ss:
<br />AW~i'Y t)~ fIALL
<br />do tA#s,iath day of duly iig79 be#ore me, a Motary Public 'tn and'#cir said_
<br />'y, persona3ty coma the above named ~R(NAAS C. SEALE ,4MD MARtIyN F. BEAlE, husband and
<br />yi#E to me wa;t known to be tfia indenticai per5can~ wtwse name,
<br />__a~g~at#xed to fine above it4or#gage as grantor sand -are severally adknowledged the
<br />i~ tns#rument and i~he execution thereof, fio be their voluntary act and deed.
<br />o' 1 ?fiESS !rA! hand. and Mbtar i a i Sea 1 , the day and ysar I a=_t above r i ttan.
<br />i~'a ry Pub I i c
<br />.' ~ ~~m~r,iss4cut expires on the ~~ day a# ~W~t- 19~.
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