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<br />7. Condemnation. In the Brent the Roperiy, ar any part thereof, shall he taken by eminent domain,the Mortgagee
<br />is empowered to collect and receive all compensation schich may be paid for any propert}° taken or far damages to p° ;perty
<br />not taken, and Mortgagee shah apph~ such compensation, at its option, either io a reduction of the indebtedness secured
<br />hereby or to repair and restore the property so damaged.
<br />$. Performance by Afortgagee. Afortgagee may, but shall have nc obligation, to do any act which the Afortgagor
<br />has agreed but faits to do, and 1~lortgagee map also do any act it deems necessary to protect the lien hereof. Mortgagor
<br />agrees to repay, upon demand, any sums so eiperded o}• the Mortgagee for the above purposes, and any sums so expended
<br />by the Mortgagee shall be added to the indzbtednes; secured hereby and become subject to the Lien hereof. Afortgagee
<br />shad not iacur any petsonal @abiliiy because at an}'thicg ii may do or amit to do hereunder.
<br />3. Default; Assignment of Rents. Time is of the essence hereof, and upon Mortgagar's default in any covenant
<br />oragteementafthisMortgage, including covenants to pap when due the sums secured by this Mottgage, the ;Aorgagee shat
<br />ba entitled, at iL; sate o¢tian and w-ithaut natlm, to declare aft sums secure3 by this Martgage to be immediately due and
<br />gapabla and ma}' commence foreclasum of this Martgage by judicial proceedings; and, presided further, that upon such
<br />default [he !Mortgagee, or a receiver appointed by a caurt, ma} at its aption and without regard to the adequacy of the
<br />~curity, enter upon and take possesslan at the Property and rolled the ants, issues and pmlits therefrom and apply Chem
<br />last to the cwt of collection and operation of the Properes' and then upon Cho indebtedness secured by this P.lortgsgee;
<br />said rents, issues and prafits being assigned to thz Mortgagee as further security for the payment of the indebtedness
<br />secured hereby.
<br />IQ. Ttansfei of Prapem=°, if all or an}' pan of ti:n~ Property is>old ar transfrrn4i without the e~pre;s written con-
<br />sent of the Alort.gagee, Afortgagee ma}• at its sole option, declare all ,ums serumd be this Mortgage to be ir:unediately due
<br />and payable.
<br />11. FYtttuy Adva~tces. Upon request of Marggagar, Mortgagee may make additional and future advances Co
<br />Afortgagee. Such advances, with interest thereon, shall be secured h} this Mortgage when evidenced b} promi:;or}' notes
<br />stub Ana chat ;ud nnrn_c nrn _;er?ed hat:,ha•_ Ar- n,~ time :hall >,4a n- itr,,r>31 a___.nt air z}v: inA.,hu.,inp~; _cer re3 h}' t_h=c
<br />Aiartgage, ,,^.ot in~uding sueu adsancrd to .prole ct thr stvurt} of this Martgage, ext~tv~d thr original tiote
<br />12. Atiscellaneous Prc}~'isiaru.
<br />fal Any torebearance in esereising an}' right or n mod} shall not be a waiver thereof.
<br />(bl A33 remedies prosided herein are diseinci and cumutaiive to any other right affarded by law or equity,
<br />and mac be exerraszd ^ancurrentiy, independent,} ar suectissiveh'.
<br />Vic) 7'=te it~vennnts a>,d agreemr-nt> contained ":.rein shat! bind, and the rights inure to, the srspectice
<br />suece~-wrs and assign_ of the \3atta.,agor and tfe Mortgagee-
<br />td) All covenants and agrrr±nenv; of thr Mortgagor are joint and secerai_
<br />(el The Iteadin~ of the paragraphs of this Mortgage are for concenierre only sod shill nai be used to inter-
<br />pret or define the ptosisions Rereaf.
<br />13 Release. 1`pon payment of all sunv secured b} this !1lorigagt•. S3ongagee :hat! dur~arge this ]fartgage slid
<br />sir:li exreute and detivmr a satistactan ;eiease tti°rt^far.
<br />L! WITRI:S_ 11'IIER£Q3', Mortgagor ha; eimuted .ht• A3ortgage tart ~hr _ $~=dn} of __N.7t.r_ , 14 _.~y-
<br />C~raic~W. 3t~s _~ _..- _-- - -- -a tea., ~r
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<br />tin tLis_ _ dal' of __S --_-, la--~- . tatar~ nte, the undersigned, a ratan' Public
<br />duly ri•.manissintsed and qualified tar said 1~uat} , persaasil} cams _ t~T31u tC_ t,F,12S 3TlG} C+}1cZYt321 R.
<br />.'`C6~ tit:5~ri:, drt~ 3si{2 _ _ _ _ , tic mi• known to br tht
<br />i{rpnticsi pe-~sai:isi w3•tase namets} a.. ~ub>critw-d to i.uie faregai_ng ;nstrumrai and xartauiedged thr- e~erutian thereof
<br />r
<br />k. De tt-ta ~~ 3>tr yoiu~xn art and d,-ed
<br />Wtin~S my itarsd and natarut! seat ai ___ ~•~ ;gi ata,a _ in said eauot} ,the
<br />duce afQre•sad .
<br />on expires: ~ ~ ~ - • - . ~. ~ -~ .1 ,.. , .. --
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