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7. Condemnation. In the event the Property, oz any part thereof, shall be taken b}• eminent domain, the Mortgagee
<br />is empowered to aottect and receive all compensation which may be paid for any property taken or for damages to property
<br />not taken, and Mortgagee shall apply such compensation, at ifs option, eitiret to a reduction of the indebtedness secured
<br />hezeby cr to repair and restore the property so damaged.
<br />S. Performance by ltartgagee. Mortgagee may, but shall have no obligation, to do any act which the Aortgagor
<br />has agreed but fails to do, and Mortgagee may also do any act ik deems necessary to protect the lien hereof. Mortgagor
<br />agrees to repay, upon demand, any sums so e~gended b} the Mortgagee for the shove purposes, and any sums so expended
<br />by the Mortgagee shall be added to the indebtedness secured .hereby and become subject to the lien hereof. Mortgagee
<br />shall not incur any personal iiabih~ because of anything it may do cr emit to do hereunder.
<br />9. flpfault; Assigttmenk of bents 'ISme i; of the Wince hereof, aad ugan A4ortgagor's defautt in any covenant
<br />u agreement ofthis Mortgage, inaiuding covenants to pay .v~.an=due the Burns secured be Lhis &fortgage, the Mortgagee shall
<br />be entitled, at its sole option and without notii~, to de:.lare all sums secured by this Mortgage to bP immediately due and
<br />ga}'able and may commence forecSosure of this Mortgage by judicial proceedings; and, provided further, that upon such
<br />default the 1lfortgagee, at a receiver appointed b}• a earrrt, may at it< option and without regazd to the adequac}• of the
<br />security, ester upon and take pevst~-cion of the Property and collect fhe rents, is<ues and profits therefrom and apply them
<br />5rst to Lhe cost of tallectioa end operation of the Property and then upon the indebtedness secured by this Mortgagee;
<br />slid ten*.s, issues and profs+s being assigned to the Mortgagee as further security for the payment of the indebtedness
<br />secured hereby.
<br />10- I:aasfer of Property. if all oz any gen. of the Propert}• is sold or transferred without the axgmss written con-
<br />sent of the Mortgagee, Mortgagee tnay at iLS sale option., declare all sums secured by this Mortgage to be immediately due
<br />and payable.
<br />Il. Future Advances Upon It•quasi of \iortgagor, \4ortgagee may make additio~tal and future advances to
<br />h4aztgsgee. Stta~ advance;, v~:44 inurest rs'sereor., shell be secured be this Mortgage when etideneed b}~ promissory notes
<br />statang that said notes ate serrred hereby. At na time shall the principal amount of the indebtedness secured by this
<br />3dortgage, not indudiag sums advenc,red to groi.~et the sceuriry at This Mortgage, exceed the original Note.
<br />22. Misceflaaeous Ptnvisians
<br />tal Aay forebearance in esenicing sn} riglt or remedy shall not be a waiver thereof.
<br />tb} Ali mnxdies prolzded herein am distinct and cumulative to any other right afforded by law ar equity,
<br />and may be exercised °oacurreadc,independentir arsuccesvvely,
<br />(cS 35se asvenaaLC and agreements contained herein shall bind, and the rights inure to, the respective
<br />successors and ss~gtu of titr ?dortgagor and the Mortgagee.
<br />tdi All trovenanu and ngreemettt_c of tree Mortgagor are joint and several.
<br />(el The headings of the patagzaphc_ of this Mortgage are for tvnvenience only and shall not be used to inter-
<br />pmt or defiae the provisiorLS hereof.
<br />13, Re3eaae. Upon pay-went of all sums secured by this 2dortgage, ?3ortgagee shall discharge this Mortgage and
<br />snail execute sad de•tiver a satisfactory release therefor.
<br />Ile WITN~s YFtiER£{3F, ydartgagor has eserui<d this Mart.gage on the ~'{i_Y`S ds}• of !`~~ ~ , 19 ?$
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<br /> C?n this ~ day of ~~~~ ~_, 1y %~_, before me, the undersigned, a tiatan• Public
<br /> du1F coeamissioned and gastifted for said crsuntt, peter+nally name. F~11i~ C. Bt1Ilk2: ^3TY1 h7citiOilrfd E.
<br /> .1~'iH2~iPS'S _ _- _ _ • to me known to be the
<br /> /drnisgd persQnra} xhese nametal 4ic^ SiihSCIItMd Ia the fiwrgaing inSLTament and atknawlPdged Ilte tlieCn[itln thereof
<br /> t+a ire ^•LS 327d hPS voltmtarv acs and deed
<br /> ~taeas my hand and natari:al seas at ~~'~ ISIdIY'3 _. in said countt~, the
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