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7. Condemnation. In the event the Property, or any part thereof, shall be taken by eminent domain,the Mortgagee
<br />is empowered to collect and receive all compensation which may be paid t"or any property taken or for damages to property
<br />not taken, and Mortgagee shall apply sack compensation, at ifs option, either to a reduction of the indebtedness secured
<br />hereby or to repair and restore the property so damaged.
<br />8. Performance by Mortgagee. Mortgagee may, but shall have no abligation, W do any act which the Mortgagor
<br />ltas agreed but fails to do, and Mortgagee may also do any act it deems necessary to protect the lien hereof. Mortgagor
<br />agrees Eo repay, upon demand, any sotto so expended by the Mortgagee for the above purposes, and any sums so expended
<br />by the Mortgagee shaft be added to the indebtedness secured hereby and become subject to the lien hereof. Mortgagee
<br />shalt not incur any personal liability because of anything it may do or nmit to do hereunder.
<br />9. Default; Assagtiment of Rents. 15trte is of the essence hereof, and upon Mortgagor`s default in any covenant
<br />oragreement of this Mortgage, including covenants to pay when due the sums secured by this Mortgage, the Mortgagee shah
<br />be e~atitled, at its sole option and without notice, to dedare all sums secured by this Mortgage to he immediately due and
<br />payable and ouy commence foreclosure of thg Mortgage by judicial proceedings; and, provided further, that upon such
<br />default the Mortgagee, or a receiver appniuted by a court, may at its option and without teegard to the adequacy of the
<br />security, enter umn and take possession of the Property and collect Lhe rents, issues and profits therefrom and apply them
<br />fast to the cost of adlection and operation of the Propert}= and then upon the indebtedness secured by then Mortgagee;
<br />acid cents, issues and profits being assigned to the Mortgagee as further security for the payment of [he indebtedness
<br />setwted hereby.
<br />10. 4laaster of Property. If all or any part of the Properth is sold or transferred without the express written con-
<br />sent of the Mortgagee, li#ortgagee may at its sole option, dedare all sums secured by this Mortgage to be immediately due
<br />and pacatde.
<br />il. fltture Advmc~. Lpon request of Mortgagor, Mortgagee may make additional and future advances to
<br />- Suclt advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes
<br />stating that. said cotes are secured hereby. At no time shall the principa3 amount of the inaebtedness secured by this
<br />~, not inclu~nd sums advanced to protect the security of this Mortgage, exceed the original Note.
<br />12. Misoellaaeaats Provisions.
<br />(a) Aoc fotebearance in ezerrising any right or remedy shall not be a waiver thereof.
<br />{b) Ail rrrttt~es provited herein are distinct and cumulative to aay otter right afforded by law or equity,
<br />and may be eietcised ~neurrently, independently or wecesdvely.
<br />(c) 'Ihe covenants and agreements rnniained herein sha13 bind, and the rights inure to, the respective
<br />stteces~as and assegrts of the Mortgagor and the Mortgagee.
<br />jd) AO covenants and tgte~taents of the Mortgagor ere joint and several.
<br />{e) the headiags of the psnegraphs of this Mortgage are for coaveaience only and shall not be used to inter-
<br />paet or de5ae the provisiatts hereof.
<br />13 Reziea7e. Lpon paymen: of sli sums secured by this Mortgage, Mortgagee that! discharge this Moriga~e and
<br />ram rsreute and deliaer a sttisfKtor4 trlease therefu.
<br />IAT gR92il~SS Wf3&RSflI?, Adartra{or h:, e:emted this oa the _4t 7 ~ Sp'pt . 19 T8
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<br />~ ~ X11 County sa:
<br />f)n tltss ¢~ day of ~t • 19 _ ~ , before me, the undetsittted. a Notarg° Pnblic
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<br />duly ginned cad t}tul'ifted For said rvaunty, pa~rsanally came ~ BE'Z'}G~Tl wTtd ,7tYii. tfr L. B2T$56Il
<br />~Itd Wift? to t~ known to be the
<br />idensind petwn(e} trhoee name{s# ur iuhccritk~d to the fote~tiag instrument ttnd acknowledged tLe execution tEeteof
<br />to 1a f~ .,°~ lh'Iv_ ealaa a~ asd dom. d.
<br />l~,ta,~ my mad cad nc#asal seal at firand I513nd
<br />dMe aforesaid . .
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