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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 ail compensation which raay be paid far any property taken or for damages to property
<br />not taken, and Mortgagee shall apply such compensation, at its option, either to a reductior. of the indebtedness secured
<br />trerebv ar to repair and restore the property sc ^?amaged.
<br />$. Performance by Mortgagee. Mortgagee may, but shall have no obligation, to da anp net 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 purposes, and any sums so expended
<br />bg the Mortgagee shall be added to the indebtedness secured hereby and become subject to the lien hereof, Mortgagee
<br />shall not incur any ge[sonal Iiabdity because of artythiag it may do or omit to do hereunder.
<br />9 lle€ault: As~nment of (tents. Tl'tae is of the essence hereof, and upon Mortgagor's defauik in any covenant
<br />oragreement of this 1Nortgage,induding mvetumts to pay when due the sums secured by this Mortgage, the Mortgagee shah
<br />be eatit2ed, at its sole option and wiWout notice, to declare aiI sums secured by this Mortgage to be immediately due and
<br />payabie and miry commence foreclosure of ttrYs Mortgage by judicial proceedings; and, provided further, that upon suds
<br />default the Mortgagee, of a recairer appointed by a mart, may at its option and without regard to the adequacy of the
<br />security, eater ups and fate possesdon of the Property and collect thz rents, issues and groCrts therefrom and apply them
<br />ibtst to the cost of +:dlection and operation of the Properh and then upon the indebtedness secured by this Mortgagee;
<br />said rents, issues and pro5ts being assigned to the Mortgagee as further securira for the payment of the indebtedness
<br />secured hereby.
<br />30. 11:nsfg oC Progeny. If ail or any part of the Property is sold or transfermd without the express written con-
<br />sent of the Mortgab'°ee, Mortgagee may at its sale optson, declare all sums secured by this Mortgage to be immediateiy due
<br />sad pa~pabie-
<br />11. Fiatrtzr Advances Upma request rf Mortgagor, Mortgagee may make additional and forum advances to
<br />~. Sudt adrances, with interest hereon, shall be secured by this Mortgage when evidenced by promissory antes
<br />stating that said note`s are secured hereby. At no time shall the priacigat amount of the indebtedness secured by this
<br />not including sums advanced to prated the security of this Mortgage, exceed the original Nate.
<br />lY. aocons Provisions,
<br />{a) Any forebea:aace in exercising nay right ar remedy shall not be a waiter th~ihf.
<br />(b) Alt remedies provided herein are distinct sad cumulative to any other right afforded by kw or equity,
<br />and may be ezer:aed ~eurrently, independently or sucoessiwely.
<br />{cj 1~ ra+veasits and agreem^ats coataiaed herein shall bind, and the rights inure to, the respective
<br />sncasso~ and of ~ Mortgu~gnr sad 'he li[ortgagee-
<br />(d) Afl txrvrnaats and agarements of the Mortgagor am joint sad several.
<br />{e) lAe hung of the pain of this Mortgage are far mnveaieaca only and shad not be used to intet-
<br />gre4 or delSne the provision hereof.
<br />1L Ndease, Ligon payment of alt sums secured by this Mortgage, liortgagre shah disdrarge ibis Mortgtee sad
<br />sib mro~3e ant! delavez a satisfivetor9 release therrfot.
<br />Iid 8YT4'ESS WHSR~i1F, Mortgagor has extxwaed this ;dortgaEe oa Llre~Dth day of ~ ,19 ~~ .
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