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<br />(g) That in the event .any awards are made to the Mortgagors ar their s.sccessars in interest for taking or damaging
<br />D;;' the exercise o' eminent domain the whole or ar,y part of the mortgaged premises ar artV easement therein, ttta said
<br />awards are hereby assigned tn~ the Mertgagee: i-he Mortgagee is hereby authorized to collect, receive, and reoeipt
<br />t?ierefor and to apply t same in payment of any indebtedness, matured ar unmatured, secured by this mortgaxa,
<br />(7) That in the e.znt Mortgagcrs default In the payment of said princiyal swm, or of any installmanC thereof, or
<br />o' ar,,v interest thereon, at the time when Lhe same shall be due, or with respect to at~y covenant or condition here-
<br />o'_', Chen, at Lhe option of Mortgagee, the entire SndeDtedness secured hereby shall forthwith become due and payable,
<br />shall bear interest at tote default rate described Sn said note, and the Mortgagee may ltmned.tately tareclose this
<br />mortgage or pursue eny other available legal remedy..
<br />(A) That in the anent action is Drougtt to foreclose this mortgage, the Mortgagee shall be anti tied to immediate
<br />possession of the mortgaged premises, and the court may appoint a receiver to take possession of said premises, with
<br />the usual Rowers of rerelvers in like eases.
<br />(~} That fal tore or delay of Mertgagee to exercise any of its rights or privileges shall not be construed es a
<br />waiver thereof; that ar>,y act of Mortgagee waiving any specific default of Mortgagors shall not De construed as a
<br />waiver of any future defaults; that in case of default in the payment, of any amor[.ization instal lmerts or Sr.Cerest,
<br />or in case of payment by Mortgagee of any lien, Judgment, tax, insurance,cost or expens=, or rents, fees or charges,
<br />srid Mortgagee shall have the privilege, without declaring the •vhole indebtedness due and payable, to foreclose on
<br />arcount of sUC$ specific default for such sums as are in default and such foreclosure proceedings may be had and
<br />CY,e land dasbriDed herein may De sold, suDJect to the unpaid indebtedness hereby secured, and LhSS mortgage shall
<br />continue as a tier; for any unpaid ba?once.
<br />('v) That Lhe Mortgagee may extend and deter the maturity of and renew and reamurtlze sa_d indebtedness, release
<br />,.f*.-om l1aDi11 ty any party liable thereon, and release from the lien hereof particns of Lhe property covered hereby,
<br />without affecting the priority hereof ar the 11sb111ty of Mortgagcrs or any other party for the payment of said
<br />!r~~deDt.ed_nass, alt such extensions, deferments, renewals, and reamartfzations to Da sectL ed hereby.
<br />(ii) Transfer of Security. It Ss agreed between the parties hereto, Che1r heirs, legal representatives and assigns,
<br />that the integrity and responsibility of tho Mortgagors constitutes a part othhe consideration far the ncte secured
<br />hereby, and Chrit in the event Lhe Mortgagors shall sell, transfer, or convey the property described herd?:, the
<br />Mortgagee may ar, its option declare the entire SndeDtedness immediately due and payable and may proceed in vie en-
<br />tercement of it rights as nn ~:qy other defnult ±n the terms of the note and mortgage.
<br />(1~,) Assignment. a" Pronae:~?s at Mineral Lease. Mortgagors hereby trsnster, set over, and convey to Mortgagee all
<br />rents, royalties, Donuse::, .Ynci delay moneys that may tram time to time became due and payable under any oil, gas,
<br />or other miner~i ?ease ~.: any kind now existing or that may hereafter come 4a[o existence, covering the above land
<br />or arty Fart thereof. A1.1 such v.tm:;.so received by Mortgagee shall De applied ca t.De Indebtedness secured hereby: or
<br />st:1d Mortgagee. may at 1t. rption turn aver and deliver Co the Mortgagors or thai^ successors in interest, any or alI
<br />or such sums wlth~ut preJudlca to any of Mortgagee €s rights to take and retain future sums, sett without preJudice
<br />to any of its ocher rights under this mortgage. The [rartster turd conveyance hereunder La ;tarLgagee of said rents,
<br />rryalties, bonuses, and delay moneys shall be construed to he a provision tar the payment or reduction Dt the mbrt-
<br />gage debt, subJectco file Mortgagee •s option as heretnbefnre provided, independent of Che mortgage lien on Bald real
<br />estate. UGatt payment in full of t?te mert6age debt and t:... release ei this mortgage of record, this crnveyanc? shall
<br />bc:;>me lnoperalLive and at no further force and effect. h
<br />(',b'ar8s and ph~rr3,e, herein, ir., li::itr.~~ Lhe achrton.te3geent hereof, shaft ~e construed as in the sir[~tctar or pturot
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