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T. Condemnation, In the event the Property, or any part thereof, shall be taken by eminent domain, the Mortgagee
<br />is empowered to plied and receive all compensation which may be paid for any property taken or for damages to property
<br />not Taken, and Mortgagee she!} apply such compensation, at its option, either to a reduction of the indebtedness secured
<br />hereby or to repair and restore the property so damaged_
<br />8. Performance by Diottgagee. Mortgagee may, but shall have no obligation, to do any act which the Mortgagor
<br />has agreed but fails to do, and Mortgagee may also do any act it deems necessary to protect the lien hereof. Mortgagor
<br />agrees to repay, upon demand, any sums so expended by the Mortgagee for the above purpases, and any sums so expended
<br />by the Mortgagee shah be added to the indebtedness secured hereby and become subject to the lien hereof. Mortgagee
<br />shall ao# incur env personal liability because of anything it may do ar omit to do hereunder.
<br />8. I?efault; Assignment of Rents. '19me is of the essence hereof, and upon Atortgagar's default in any covenant
<br />ar agreement of this Mortgage, including covenants tv pay when due the sums secured by this Riortgage, the Mortgagee shaft
<br />lte entitled, at its sole option and without notice, to declare at} Burrs secured by this Mortgage to be immediately due and
<br />gayable and may commence fareckrsure a[ this Mortgage by judicial proceedings; and, provided further, that upon such
<br />default the Mortgagee, ~ a receiver agpainted by a court, may at its option and Rithout regard to the adequacy of the
<br />securth, enter upon and take possession of the Property and collect the rend, issue, and profits therefrom and apply them
<br />test to the ecst. of celtecrion and ape:etion of the Property and then upon the indebtedness• secured by this Mortgagee;
<br />said rants, moues and prohta being assigned to the Mortgagee as further securih• for the payment of the indebtedness
<br />secured hereby.
<br />ill. 'tYaas(er of Property. Tf at! ar any part a[ the Property is sold or transferred without the express written con-
<br />seat of the Mortgagee, Mortgagee may at its sole option, declare all sums secured by this Mortgage to be immediately due
<br />and paratde.
<br />11. Futoxe Adcaoces L'poa request caf Mortgagor, 6toztgagee may make additional and suture advances to
<br />. Such advaaees, with intetc~-t tbernon, shall be secured by thi$ 2lortgage when etidenced by promissory notes
<br />stating that said noses are secured hereby. At no time shall the principal amount of the indebtedness secured by this
<br />. aoi iactuditt[c ;uffi advanced to protect lire ~curity of this Mortgage, exceed the original Noce.
<br />12 Mscdtureous Provisions.
<br />{a) Any forebearance in exercising any right or rnmedy shall not be a waiver thereof.
<br />(b) Alt remredies prov[ded heroin are distincr and cumulative to any other right af[orded by law or equity,
<br />and mag be exercised cancutzeatly, independently or successively.
<br />{e} The covenants and agreements contained herein shall bind, and the tights inure to, the respective
<br />suce~ors and as~grrs of the Mortgagor and'he Mortgagee.
<br />{d) :.ti aoveamts and agreements of the Mortgagor tae joint and several.
<br />{e) '1>se treadtngs of the patagtaptrs of this Mortgage are far caavenienrn only and shall not be used io inter-
<br />pet or dune the provtsioos hereof.
<br />19. Rtinae. L+poo payment of alt sums struted by this Mortga}vr, Mortgagee ;hail deschatge this Mortgage sad
<br />shall ezecute ate deliver a safaslsetary tslease therefor.
<br />1N 9PIZTiES3 WKERkQF, Mort~tgor trot executed the Mortgage an thel,?Ij1. day of jtIIt~_,191"~.
<br />'~` ~ .
<br />`' Bomo~er
<br />s~~
<br />StatY rrt 3+Fshaaata, &dIi County ss:
<br />C3kr t1t® 32th day of ~ILIDt? 19~ , before me, the undersigned, a Notary Public
<br />eYd9 to~euaeiaoed and fox said county, pence-udly e:mr Jaa9es ~. Enc1c aztd L~'sula E. F~telt
<br />to try known to be the
<br />idewtied pecan{s) w~ae name{s} aer subscribed to the foregoing instrument and acknowledged the eYtrutiaa thereof
<br />~ Irx 1,r3~ and h+e•?t' voiuntert ae-t earl ~3ced.
<br />1PrirtPSS rn} band and notarial ~a,*ai at ~1IIt} IS1r1Tld _~ in said caunt~~, rite
<br />dace 7dcinraaid .
<br />p i:£t't{.RAL a~taar - ~flri they. . • rarv tiihi:c
<br />`~ " tt}h Uxam, Lam-.lyre" i t99tI
<br />'~'~ tRruce 8dor Tor ~ auenrod Far [,order aa3 Reorder}
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