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!~""1 VV6J86 4.
<br />additional advances, ar in the event the idartgagcr should sell, either outri;ht, by land
<br />contract, by lease purchase agreements, or otherwise, or title thereto should atherxlse
<br />became vested in persons other than the Pbrtyago r, then the whole indebtedness hereby
<br />secured shall thereupon ar at any time thereatter, at the caftan of the As_ociation, become
<br />immediately due and coitectible without further notice and this rib rfgage may then be fore-
<br />closed to recover the same, with interest thereon, at 12=, P and elf reasonable costs
<br />and expenses of suit, including abstracting or title search fees. Acceptance by Mortgagee
<br />of one or more installment payments an the i:,debiedness- secured herac•y subsequent to any
<br />sale or change in ownership or possession et said real estate, or any part thereat, as
<br />ataove provided, as to which mortgagee has ,at granted its written consen#, shall not
<br />rarstitu#e a Waiver of ~brtgagee's option to accelerate the whole indentedness hereby
<br />secured, which option may be exercised by blartgagae at any time. loo delay or ommission of
<br />F•iortGagee to exercise any right ar option accruing upon .any det;;uii" shat! impair any such
<br />right or option, ar shall ae construed to be a waiver of any such default, or an acquiescence
<br />therein; and every option sod remedy given by this ',rortgage to the Rbrtgae2a may be exercised
<br />.from time to time as after as may be deemed expedient is aiartgagee.
<br />Provided further that in the event cf default in the performance ~_? any of the terms
<br />and conditions of this *{ortcaga, the ;late secured by ':-his Fbrtgage, ar ar.v other rates far
<br />arditianai advances, ~: the psrt of the ?•bort,agor, the Association shalt ':~a entitled to the
<br />is+a~diate possession of the• prenises above d<-scri'~ad, +oaether rtith all the rant, revenues
<br />and inearne, including any tan:; contract payments due tt~e ~~artgagar or any otter incomes at
<br />any type whatsoever, to be derived ttteretr;.m, ar,a said AssaCiatiJn may,_in its discretion,
<br />use the rents so tar as i' dees^s necessary for 'he purpose cf making repairs upon the
<br />prer;ises, and far t},e payswnts of insurance premium.>, taxes and assessment; upon said
<br />nrenisas, arc for necessary. expenses i-;curre.d ire ranting said pr~:mises and ~alleoting rents
<br />therefrom, ono to app;y an said rata and notes and agreements for future advances, until
<br />Ydsa indaLtsdness sec;ared i5 fully +,aid; but slid fc.svtiation shat! ;n no rase be }table for
<br />the #aiiur® to prxura tenants, to collect rents, ar to prosecute a::tions to recover
<br />pcss~ession ar said premises.
<br />£x2CUre~ this 23rd day of October , i9 79.
<br />f ~-,
<br />3kuaa l d D. Atahr' g - L _ 11 }ecca L . Meh r i ng GI ,
<br />l:,aa~ren A. £ i ~;,, ~t arty An £rwin~,~-,,~
<br />C~~'r-- 8,+~ -
<br />~ ~~:
<br />Dr this 23ra# day ©# October ,1979, be#are ~, a Notary Pu~;iC in anr~ far Said
<br />_ _ :~, i ~v--tacit i ti :.amt t?ac siiv~ naRiBU~'r~D 7'. ~sii7Tl z'v'V ~ i7C.iLiY '':i. ~TfKI~'iLi iiF`iU il~+ltil_V ~. ~t1Z~I
<br />b il'~+ #. i~iR1NG to erre roll Anawn Ya ae the indanti~3i persan~whase naan~'.
<br />as'4 ~r3 ~xet~ ril eras abcrxe 1.3ort~agz as c~ranr~r~ and era savarsi iy sd«.nfa~,(edged the
<br />said- iras'tar'is+zrznt and t?sz zx~Uut;;~n t±;~reof, to be their :alvntsr;~ acx ~r~d deed_
<br />adi+~£55 mk hand and ldatarda! ;.eat, the dad and year !a5# ar~o~•e «sitten.
<br />~ ?Jotary P - ~ ! i C
<br />'~Y miissioe expires era #ne ~ dai~ of ~}'~i,ha-- I='~_.
<br />~T7~3E t)'F SKJa ~
<br />s
<br />~X bpi 3
<br />f9ra tfi~s- 23rd day aa# tuber, 379, tse#are tre, a ?+latary Public i n at3d #ar said County,
<br />perscvfalty Cave flee ~SOye n f4~i7 £. 1i211+1C, ATTDi~d£'Y iN FACT FDR l.AiJf+'£F; A. £RWiN AND
<br />!~M>,}' ~~t#, t~ ~ '~I # ;x.; tv f~ *,':e i der fi i ca 1 ~ersar, as hose name i s affixed #a the
<br />aa+nva`11~sse~~ar,~.as g~'ar'itsar- and is se~ral9y ~cknariedged the said instrument and the execution
<br />i#sBref3~, ~Eti4 he his ~#~ie~taty ae7' aaid t#8etl.
<br />R ~1 ~5 Syr Ei- :arty 3ipt~3 a! i , the day. arsd ear i ast above wr i #ten .
<br />i#otary Pub i
<br />~Y 4+i55#rxt.a~gslr+~ m the .'day of ~:s~.t. 19 ~.
<br />~~~r~t
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