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<br />(y) That in the event the Mortgagors fall tc pay when due aryy tsxes, 11Ens, ,JutlGments, or assessments, or fall tc
<br />malaLaln insurance as Derelnb=fore provided, or fail to psy rents, fees, or charges under the terms o7 any lease,
<br />yermi t, license, ar privilege: cr MarLgages is rs~aited to incur expenses for abstract fees, attorney fees, Costs,
<br />expenses, aad other aharges in connection with 11 tSgatian, Mortgagee may make such payment ar provide su^h lnsuratSCe,
<br />incur such oD2lgat!on, and the amounts paid tT.erefor shall become a part of the indebtedness secured Hereby due
<br />sad pt~yaDie Immediately, and shall Dear Interest. from the date of payment at the same rate as provided for default
<br />in the note.
<br />15) Yriat in the event a*i awsrds sre made to the *;artgsga^s or their successors in SnterESt for CaiCiag or damaging
<br />Dy LDe eaeraise o2 eminent Goma!n the whale or a-ty tart of LDe mortgaged premises or s~• easement therein, the said
<br />awards are DereDy assigned to the 1}crtgagee: the Mortgagee is hereby autharSZed to collect, receive, and receipt
<br />therefor and Lo apply the samE Su gevmant of a->,v indebtedness, mstured ar unmatLred, secured Dy this mortgage.
<br />~S) TDat Sn the event MDrtgsgor:. default Ia the payment cr said priacipai sum, ar of sqy 1r,stallment thereof, or
<br />a? atLV interest thereon, at t^? time when the sa^e sDa11 De due, or with respect Lo aqy covenant or condition here-
<br />ai, then, aL '3fe ogtiar. of ,ti~rtgsgee, the entire !ndebtEdness secu.^ed DereDy shall forthwitD became due sod p~VaDle,
<br />shall Dear interest at the de?sult rate descrl Ded in sold note, sod the Mortgagee m~v lmmedi stely fareciose this
<br />ararLgaga ar pursue aayy aLDer available legal rame.~+,v.
<br />(^,~ ?DSt in the event action is Drought to foreclose LhSS ;oort:,s3e, *_De rrortgsgee shall De entitled to immediste
<br />possession ni Lhe martgaa_d promises, sod the c~,ut may sppolnt a re.:eiver t.a take possession. cf ssid premises, with
<br />LDe usual. pbswrs c? receivers ir. like eases.
<br />;S) 2~s tailor ar deldp MerLg;.ge to ezE -is ,4. is igh pr vil<ges shsli be construed as
<br />jcaiver tDareaf; that anS arty^f Mortgagee wsiti~InA sr,A sDeci?i:. defsclL of Mortgagors shelf not De construed as a
<br />xsiver of any fuG.i^e defs;tlis;•Lhat. ir.~ caSe of ., sul¢ in the pa}~cat of sr~v amartlza'ion SrstaL'^ents ar interest,
<br />ar !n case of pa}~eert by Mort3ar3?z o: s^y. ,Sen.. ,' ^:.~.,,,e^', taz, i-sara~ae. o ?spzrse, ar t~nt_=, fzes or :.harges.
<br />sari Sortgagee shall hsaB prlvlleg=_, n"t^,ou*. 1='_=~in3 the ~~* le , ^~D*_e~,?ss :Sue a psysJle, to ?a^eclose an
<br />a,.cauat of sucD specific default for such s; rs nc are Sa defsvlt ands fared osure ^~aaeedings may De Dad and
<br />tse land desariDed Ae7'e . m~v sa16 sub7cot ., the •,mpsld 1nd_Dt edness hereby scour= and LDis rmrtgage shall
<br />~timae as s lien for s^;v unpaid Dalarce.
<br />(~1 mat LDe !!~rtgagae sF4y eatEad 3.d defer t_rie ^st•.y ity a* and ^>nea; and reamerLlr.e ssitl SndeDtedress, relesse
<br />_*r~e 11aD 13'ty any .parity 11 sD: cn, srd _esse the lire hereeF ortlons o.* the pre, arty covered Derebv,
<br />te1L*loui af?ecT i..g L"3e p nit' rECf - TliaD113 ty~- Mertga_;ars a*U Der party fo fife pa}?:e?:t of s=2d
<br />i-~nr ~~ 3az _ -
<br />i1P} Trans?er c? secu; SLY. '- Ss °a"•'~'~d Dz t.rceeb the par*Se;. hereto, their `airs, leas! reprrscntstives sod sssigns,
<br />Ltiat Lae Sate;;. 1Ly antl -~s,cns _bi:.: t}~ c t'i> it. ^t gss.,rs eanstitutes s part ei LDe considerat.ian for the rote secured
<br />DereZRy, a>°d tDsL 2n •„De evaL~' the Mo_^L~.rs s;ali sell. transfer, ar convey the nreparty described herein, the
<br />Martgflgee nary flL Its option dec3Sre tDE enI;^e IndeDt edness S.mrradiateiy doe and pscshlz and may prc~.:eed In Lhe en-
<br />?aremo~~^*, a? Sts -1~:,IS s c. =1r et!-er de?a;:lt i^, t`,e• Serms of t';e note and partgage.
<br />'iaor^...s 2n3 ~3-uses ;te~~i=r_ i r :_r~* '=e ^= ~cv:~>es-'~'~rt 'a--c' s7r713 bz crnc~'r-..e3 as s>. tkz ~.y ;x r:e+a:
<br />*wRDef3 aAi ~5 ID15Y'7, FiTlf., : 213IIS~E, ^• ~~`vier F~:~,??. IILCa"3 tTiy~ e :tz calnp_sesi.; f
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<br />~.~,~. `~-y aa-~. 3~eadora -ibbern and Caastaaice 2'!. Dibbarn, husband and wife}
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