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79~~ QCib6~3 a .
<br />additional advances, or in the event the h'iortgagor should sell, either outright, by land
<br />contract, by lease purchase agreements, or otherwise, or ti tie thereto should otherwise
<br />becorr~ vested in persons other than the h~;rtgagor; then the whole indebtedness hereby
<br />secured shall thereupon or at any tune thereafter, at the option of the Association, became
<br />inanediately due and caliectible without further notice and this Plorfigage may then be fore-
<br />ciased to recovet' the same, with interest thereon, at i?.5 °n and all reasonable costs
<br />and expenses of suit, including abstracting or title search lees. Acceptance by Mortgagee
<br />of one or more installment payments on the indebtedness secured hereby subsequent to any
<br />sale or change in ownership or passession of said real estate, or any part thereof, as
<br />above provided, as to which mortgagee has not granted its written consent, shaft not
<br />constitute a waiver of hb rtgages's option to accelerate the whale indebtedness hereby
<br />secured, which option may be exercised by h4artgagee at any time. No delay or omrnission of
<br />Mortgagee to exercise any right or option accruing upon any default shall impair any such
<br />right or option, or shall be construed to be a waiver of any such default, or an acquiescence
<br />therein; and every option and remedy given by this t~~artgage to the Mortgagee may be exercised
<br />Pram time to Time as often as may be deemed expedient to htartgagee.
<br />Provided further that in the event of default in the performance of any of the terms
<br />and conditions of this Mortgage, the Nate secured by this Mortgage, or any other no~;es for
<br />additional advances, an the part of the t•brtgagor, the Association shall be entitled to the
<br />immediate passession of the premises above described, together with all the rent, revenues
<br />andsncarte, including any land cantrac# payments due the Mortgagor er any other incomes of
<br />any fiype who#saever, to be derived therefrom, and said Association may, in its discretion,
<br />use the rents sa far as it deems r;ecassary for the purpose of making repairs upon the
<br />~~~_ t~s_ any fnr the ,navment= of insurar,ca premium;, taxes and assess»znts upon said
<br />premises, ana for na:.assar~y expenses incurred in renting said premises and collecting rents
<br />#i}gretram, and to apply an said note and notes and agreements for future advances, until
<br />the indebtedness secured is #ully paid; but said Assaciafiior. shall in no case be liable far
<br />tt7c failure to procure tenants, to caltect rents, or to prosecute actions to recover
<br />passession of said premises.
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<br />t'.XeCiated t?? i 5 j9 {~- day of ~~x• fir _._```
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<br />t1n 't`'ii5 ~ 'i . ~+~}' C# '~'C.''^'?`" E~yr cft7 r2 mc., d -rf3'fx3 y i'LD! fc in and TJr Sdid
<br />7'"Y, rie.rsanal ly ca*ae the a3a~e n~S'R:d 3~~rn._~ .~'- ~K`:`? Arv ~~r1~.~..:t n. CrtK3' fRfvG "i._ :.
<br />t'~".'E=~if ri}tL'~ ?'RTTM,: t, I %~ ~;, ~~t;i i . 7a me w3 E 1 Kni~Wn TO b2 i S3B i !ld2!lt i Ca E ~ pet5an_S wtlosB nr3mB
<br />~r~ iaxe- 'ta Tne above P4or'tga.,e as grantcr_sand a-e s~veralEr adkncwledgad the
<br />sa:a instr~a~~t and ~ti axacutic~ 'rarer=f, t•,~ oe 'toa_ oiui;tary act and did.
<br />p;y7;~v."s5 ~~ ,~~,,,, ar<C- f.otario! ~eai, *ne 6ay and ,far last al~c ve written.
<br />1
<br />.,~^ r ,.sotar' Pub i i e
<br />~'~' =`9 ~.~.
<br />3~y ce~ss;c~; ex ires ,r, the __ day of ~.--*..-.
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