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<br />79- ppsr724
<br />4.
<br />addi#ional advances, or in the event the blur#aager should sell, either outright, ny land
<br />cxztract, by lease purchase agreements, or otherwise, or title thereto should otherwise
<br />bacarr,e ves#ed in persons other than the =lortgagor; then the whole indebtedness hereby
<br />secured shall thereupon or at any time thereafter, at the option of the Association, become
<br />imrrrediatsly due and collectible without further notice and this l•'Fortgage may then be fore-
<br />closed #o recover the same, with in-teresf therean, at 1! ~ and ail reasonable costs
<br />and exgenses of suit, including abstracting or title search tees. Acceptance by f+brtgagee
<br />of ens or more installment payments on the indebtedness secured hereby subsequent to any
<br />-ate er chance in ownership or passession at said real estate, or ar.y part thereof, as
<br />abiroe provided, as #o which mar#gagee has not granted its written consent, shall pat
<br />cons#itute a waiver of fir#gagee's ogtian to accelerate the whole indebtedness hereby
<br />,ecured, whlcn option may be exercised by Mortgagee at any time. No delay or ammissian of
<br />i~,rtgagee to exercise any right or aptian accruing upon any detauit shat! impair any such
<br />rig~t ar agticn, or shall be construed to be a waiver of any such default, or an acquiescence
<br />,rerein; and every agtion and remedy given by this s~-Krtgage to the Portgagee may be exercised
<br />'sr;~m brae #c time as otters as may be deemed expedient to Mortgagee.
<br />Provided further ti=at in the event at default in the gerfarmance of any or the terms
<br />Inc conditions of this A'rortgaaa, the t~tate secured by #his '~iortgage, ar any a#her notes for
<br />;~duetianal advances, on the part et the ?<1or#gagcr, the Association shall be entitled to the
<br />immedia#e gossessian of the premises above described, together with all the rent, revenues
<br />and income, 3nc.uding any land cantract ,payments die the ?.Sartgac:,r or any other incames of
<br />a•~ #vpe wh-3#suevar, to be d=rived there*ram, and sale ASSOLiaTion may, in i*s discretion,
<br />use #d;e rents sa far as it deems necessary for the puriose of naicing repairs upon the
<br />-;r~rr,s~s, a:+d ;or the gayrrznts of insurance premiums, "axes and assessments upon said
<br />,rvm9sas, and for neL"essary expanses incurred in re^'ring said pren~isds and 4ullecti,:y r€n}s
<br />?r:~refrazn, and to apply on said rote and notes and agreemen#s for future advances, until
<br />^,,U i^~satedness secured is fully paid; bu7 said Associa#ii;n shat! in no ease be liable for
<br />.:^.a ,allure t3 procure tsnants, to c~.3iect rants, ar to prasscute actians to recC:ver
<br />^ssa.sitx: of said grevmises.
<br />~ictiCU7eG th 4 5 t~ MTh daY of i.',ctabar z 4 79 .
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<br />t~,s 4~t~lay a# s~ctaber ,;4 a9, betora ma, a ~tot-ary S obi 3c en and for said
<br />~,.zu:aty, }.ers~nai ay came ti3e abov,a Hatred cr~nL ~ vil-= r?iF1i, .3!3L3lTH ;3. RflLFE. husband and wife
<br />~t~3 i3 Li: A. ~]fsfiEi2, unmarried to me well known to be tfae indenttcal parotx5 wt~r~ss Warne s
<br />a~ affixed #a the alaova ?~iortyaga as grantors and are saves t l y adkncxr i edged tlrg
<br />_,a3^+. ansir-urnert and the execution #her;?ef, To be#heir ~!un#ary act and used.
<br />ir3Tt~55 rrsy tss3nd and },r°v#arial scat, the day and year last anave trri+'sn.
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<br />~s^ >i7iL?sS~7 ~f1 £~.XGt7 re5 .tir; t't£' .,ate' day cif T_ /,lo.u..--
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