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<br />(:) that Sn the event the Mortgagors fall to la+.~y Y~#:en due any tares, lion, Pa ~r rtt.^, ar as e, me-:ts, :r flail -n
<br />m~tlyd to In insar&.niae. as here4nbePare provided, ro-r fall is pay rents, Pe?.;, ;r -hax;r~::s under the terms ~o ~' adr ieasi?,
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<br />'I ~ perrnl*.,~ licertse, ar privilege; or Mortgage'~e is a^eq+iired to incur expenses for' abstract: fees attor:7e^ tees cost~ss
<br />-: j expenses, and other charges !n connection with litigation, Mortgagee may make such payment or provide such insuragce,
<br />,- y or incur such obligation, and the amounts paid therefor shall become a part of the indebtedness secured heretry due )
<br />1 ar,d payable immediately, and shall bear interest from the date of payment at *he same rate as provided _*or 3e.*ault t
<br />`~ 1 7n the note.
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<br />(o) T'haG Sn the event arty awards are made to the Mortgagors or their successors in interest for taking or damaging
<br />,. ~ by the exercise of eminent domain the whole or any part of the mortga-~ad premises or any easement therein, Lhe said ;
<br />awards are hereby assigned to the Mortgagee; the Mortgagee is hereby authorized to collect, receive,- and receipt ;
<br />i therefor and to apply the same in payment of arty indebtedness, matured o^ utLmatured, secured by this mortgage. S
<br />'~~ i (n) That In the event Mortgagors default to the payment of said prirclpal sum, or o_* any installment thereof, or I
<br />•oP any interest thereon, at the time when the same shall be due, or with respect to any ^ovenant ar conditlen hare- f
<br />(` ; ar', then, at the ops7an oP Mortgagee, the entire indebtedness secured hereby shall forthwith become Gue and payable,
<br />- shall Dear interest at the default rate described in said note, and the Mortgagee may Immediately foreclose this
<br />~it j mortgage or pursue aqy other available 1ega.1 remedy. j
<br />' (?) That in the event action is DroughC to Ioreclose this mortgage, the Mortgagee shall be entitled to immediate _ j
<br />~; y possession of the mortgaged premises, and the court may appoint a receiver to take possession of Bald premises, with ~
<br />Ghe usual powers of receivers in like cases.
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<br />• (~i) That failure or delay of Mortgagee to exercise any of its rights or pr7vileges shall not be constnuefl as a
<br />'~ ~ waiver^ thereof; that any act of Mortgagee wa7 ving any spec±.fic deieult of Mortgagors shall not be construed as a
<br />;;~ j waiver of any future defaults; that in case of default in the payment of any amort_zation instsllments ar interest,
<br />_ or Sn case of payment Dy Mortgagee of aryy l.fen, ~udgment,tax,lnsurance,cost or expense, or rents, fees or charges,
<br />said Mortgagee shall have the privllege, wi+.hbat declaring the whole Indebtedness due and Payable, to foreclose on '..
<br />- account of such specific default for such sums as are Sn default and such foreclosure proceedings may be had and '~,
<br />~~ { the land described herei:~ may De sold, suD3ect to the unpaid indebtedness hereby secured, and this mortgage shall '..
<br />continue as a lien fur any unpaid balance. '.
<br />ti P) That the Mortgagee may extend ar,d defer the maturity of and renew and reamortize said Sndebtedress, release
<br />_ Prom liability any patty liabh thereon, ahd release from the lien hereof portions of the Property covered hereby,
<br />without affecting the priority hereof or the liability of Mortgagors or aqy other party far the payment of said
<br />~; ~ indebtedness, all :.uch extensions, de.*erm?nts, renewals, and reamortizations to be secured hereby.
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<br />~)~- P thst then7ntegrltyar~ires ohs aiagr~ee~ Deheeearthe parties hereto, their heirs, legal representatives s_nd assigns,
<br />p y ~ ~ gagers constitutes a part of the conslderatlcn for the rate secured
<br />} hereby, and that _n trio evert the Mortgagors shall sell, transfer, or convey Lhe property described herein, the
<br />(_ Mortgagee m"y at i~-,_ antlan ne;~iara tna entire innnnredness immediately due and paysn•e and >~y proceed to the en-
<br />fc^cement of Sts r ghis as on any ether default in the terns of the Here and mortgage.
<br />' f (fords and ~hrnses herein, irtc{udinp Lhe nc b:owle8~+ment hereof :hall be cons±rred as it the simgular or ¢lurnt
<br />r members and as mas~ultne, fem:tssne, tN scouter garde accor3ing'i`a the crmte .)
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<br />~ enne __attiii RRR
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<br />C JNTY OF '" is `: ~ ~I .._ ,
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<br />rJt4 this ~~day :~f ~..~..~._ - r._. ~ _~ .._...., ... - ..~_ ...D11c !n a:*,d t.,. s31d ;~b•W*tty a....
<br />utite, •~~~~~„~,~; -~_~-~;~-- Ronne*•h R. Keown and Wilma A= Keewn, husLand and wife,
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<br />to me known to b2 C?.e pers~.x.s n:y°~ed :a ur: wra ~•x~•,~: tT-e ta;•ego;r;g lnst?vment, andack;;owledged that they executed
<br />tT.? same as their •,olunte_~y ac+ am' doe^.. ,
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