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<br />' ~i,c ire t-.. .~h r 5..~.~ui p q WS'it rt " "''i'r trr... tr '~I.a '!r-r ~ ~,r rt I rir .~f:~ 71 i, ~ i;. ut n.._- e,;.+~, Pp: -
<br />h,e.,r.J<a:u. .~.: ii~, n,w~ir :'T~e _ia,,j~ _~z ,.a~71r.i,rau ;. ..,i _r~mta.e~iuuli~u„ rnriz.r,r~u,J6 .. :lii.iatri:: r.iJ. ii~a,:,+ tl ..J ,w,:'Li mii..r.•e„
<br />~~ d' a_"ir're l i eor r iriL 1.n 5 r i S. iii ~ 1l ^t is • ,urrGymi+e~lY -rC iiu-~t4 '. it Cne.~^i: io", i s ni. - i '1 , ~~ r ~ ta1.J'. ~ 2~ e-. tll,r^s w~f, ,~.
<br />~,y .n, wi;e,. sa. ~r _,,e. a.., trir,r3. ere- !
<br />~. h:]; ~•_t the P Of g..ga GL tEd: E$53e e:`°e9,' S at !ri41tP +}-. Prrt.e M ~L1 b:°., i
<br />S?.flit lSCar in tg L ,.t ?.3'' '2@taLl' I'~ 8 =P5 C a~ aa'sd r",.... . auv ? •j~ ^'~~ ~ ,~;y grgyj._t _ja .-~. gfi finS_ „+}Sg
<br />me rta_~.gE ar pursu£ Psy' oth~r a+ailaD..e 1_~.l rem_dy-
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<br />+3} ~rzat in the ,vent a:tlen is Drought ~e forECiese Cis ;~,^ E, tliE !!or a e 1 ~ :-Ed e
<br />~. tgag t-yag e shat be -- -_ to Smme~'at
<br />p;;ssessicn ci rite mortgaged p^emises, and *_he ca',:rt may appoint a ,_ce Sver to tare ;r'ssessicn of said premises. w:t*. ~
<br />+_~.e usual Po+sEr_ '. recElve~s 'n like cases.
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<br />f y} That fa'. ~'ir£ Or dei3y t:f ';OrtlZ,.3geE t^ E%erclse any of itS r'gh is 7r pr il'SiEgES S;l alt IIDt De CPi 3trilEd 3S a €
<br />waiver ther_ t:;at aPy acL ~.* Mortgagee waivinz arty specific default of Mortgagors shalt net be co,.st:Yled a 4
<br />.°'° ..'- of -P~r"""-- _` _~'--- "~ En casE of dE'~~~'t it the 'ay-ar•t v: any :r..urt.zatie:: inst2iimeas ~.re cut -
<br />or Sn case~of pay;-eatyDy~MOrLgagee.of any lien,~udgment,tax, insuraace,cost or expEnse, ar rents, fEEserjcharges, ; '
<br />sold MortgageE sh=11 have t.*.e privilege, without declaring the whole indebtedness due and payable, Lo foreclose an
<br />account of such s:.eci2lc d?fault for such sums as are i^ default and such fer£eiosure proeeedings may be had and g -
<br />Lhe land describe-: herela may De sold, subject to the unpaid irdebtadness hereby secured, and *.2:!s mortgage shall
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<br />ccrtinue as 2 lien for a^:y !v^.pa1d Da,anre. [s
<br />y~U1 That Lhe Mnr~.gagee :nay e'rtend and dolor the maturity of anC renew and rear;ortize said indebtedness, releasE ! --
<br />.- r 1!abil!ty a,~: party lieblE the-eon. and release frcm the lien hereof portions of t'ne prop=,r ty covered hereby, j
<br />` without a*fer_t±ng the priority hereof or Lhe liability of Mortgagors or ar>3 other party for the payment cf said 3
<br />il:deDtedness, alt such extensions, deferments, renewals, and reamnrtizatlons to be secured hereby. t '
<br />(Lil Transfer cf fecurl ty. St _s agreed between the parties hereto, their heirs, legal representatives and assigns, t~
<br />t1:at the Snregrity and respons: Dility of the Mortgagors constitutes a part of the consideration for the ^ot2 secured r
<br />'n_ereby, and that :n the event Lhe Mortgagors shall sell, transfer, or convey the property desar ibed here Sr., the
<br />Mcrtgagee may at :ts cptSon de^lare 'he entire indebtedness Smmediately du? and payable and may proceed L-; the en- .,
<br />fercement of i*.s rights as on ary ether default in the terms of the note and mortgage.
<br />{.7,) Assignment o.' Proceeds of Mineral Lease. Mortgagors hereby transfer, set over, and convey Lo MortgageN flit
<br />rents, rol'altles, bonusee., and delay moneys that may from time to time become due ar,d payable under any oli, gas,
<br />or other mineral :eases any kind now existing dr that may hereafter come into existence, covering the above land
<br />Dr arXy part therECt. All s~;ch sums.so received by Mortgagee shall De applied to Lhe indebtedness secured hereby: or e -
<br />sald MortgageE ^,ay at i.._ option turn over and deliver tc the Mortgagors or their successors in 'merest, aqy or alt i '
<br />of such sums wit:":rut ^*Aiudice to any of Mortgagees rights to take and retain future sums, and without pre;1u61ce
<br />.~- any of Sts ether r+ghcs under this mortgage. Tt,e transfer and conveyance hereunder to Mortgagee of said rents,
<br />royalties, bonuses, and delay moneys shall be corstrued to be a provision for the payment or rt:ductlor. of the mort- ~ :'
<br />gage debt, su6,}ect to the Mortgagee is option as hEreirbefore provided, Sndependent cf the mortgage lier. on said ^eal _
<br />estatE- Uper, paymEnt in full of the mortgage debt and the release of this mortgage cf record, this nonveyance shall -
<br />become SnoperativE and of no further force and effect. _
<br />(i;'ords an3 yhrase; herein, iretvdiozh the ack.*:owZe3gaEn' hereof, shall be corzstrued as irz the singular or Murat t -
<br />rwsbers and as r,.ascutire, fe~zinine, yr neuter gender, accor8ing to the corptext..' -
<br />i sEAL ; J -f,..i.,/^a ii'- ' "- J ~ r ~f ~~-j-~:.e~-s ;~ (SEAL)
<br />~tichara ~ "~offman
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<br />iSEAL1 ~ ~ `~}'`~~ ~ . vonr/'e o .man i5EA1.)
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<br />(saaL} ~ (sue' ; .
<br />fA{~ F~J, ~//~ (SEAL) (S£AL!
<br />Si dT OF , v~ `-~f~'-~1`~rL l - -
<br />CC_7NTY Qr _ JY %f_L.:S..-," ~ -
<br />c'A7 this `t ay ,.._ l~-=..-- r ,,.v.. s9-1, b2f.,.c ~~2, a :~~ta;y F.uD:.i :si a;ic __. 5~.1d _~.uity artd
<br />- - - ~TC L. f?oi Iman ant! Yvonne J. :?{3ZfWan !1 uSDHnC an^. 3T3,F~ ..
<br />tc me known to De S''te j.er_ )nt ..^:-':mod ! n 2.nd Who executed Cite forego lug instrument, and aCkt70wl Edged hat t27Ey EYE ClltP.d
<br />Lh°_ S3m6' aS titelr ..,i:l'^. _. :'}' C' and d2Pd. / ~ /J/
<br />;.y commis-,..,. exp1... - ~'J/,~YL} ~' l~~.z-. ~f-- ~;~ ` . ~%'~
<br />' ~ ~~_~~ (Type for prt name ~ 4er srgnai urel
<br />~~~~~ ~ Q ~i±'~~'~ ~ Notary Public in and for said County and State
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