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! 4; 'i1t4t' in the event the Mrt^,gag.i r '7'. i ~ ,~ v +R1 t^Fe a:7y * ~:., 1lrn t~,idg•r:ears e~^.n n.tx„ os tat. Lc
<br />-) -iainta].n 11 3*anr as he einbe__*are provl~~]leri c to~.i~t C. pii,~,t tort ffe~ a „C:.arg ~ ~ ^,1er ne *S°» ady lFa~e,
<br />perml G, t,i,Can.:e, nr Pri ~+ilaXe; or 19ortglq~a s svi]n]Srieil to Snr„ur e±cS',eXino, for^ abw*.ract fv_.,. a~tornaF ,fags, coste,
<br />~~ ~ expenses, acid otrier charges lri connactloh with I1 Ligation, "Hbrtgagae may make such payment or grovlde sorb insurance,
<br />cr incur such obligatioa, and the amounts paid t_harefor shall Dacome a part of the ]ndebtedriess secured hereb;~ sue
<br />.,.,~; ~ and payable immediatel v, and snail bear Sate1•est from the data of payr.;ert a_ t;:e same a.,e as provided for dFfyult
<br />ici the note. - -
<br />4i
<br />{ ro) That in the went any awards are made to ti:~e Morrtgagcrs or their successors in interest for takin3 cr damaging
<br />;' ~ ty the exercise of eminent domain the vrhole or any part. of the mortgage^_ premises or any easement therein, the said
<br />awards are hereby assigned to tae Mortgagee; the Mortgagee is hereby authorized Lo collect, receive, and receipt
<br />t;heretor and to &;?ply the same in payment o.* any indebtedness, matured or ua^eatured, secured Dy this mot*.gage.
<br />~; ( (8) :2cat in the event 'r7ort a ors default is tY,e payn;ent of Bald
<br />~~ v g g principal sum, cr cT any Snstallmeat thereoi, or
<br />-; ~ ~rt aqy lrterest t;iereon, at the tine when the same shall De due, or with respect to ary covenant er condition hera-
<br />et, Lhen, at the option nt Mortgagee, the entire indebtedness secured hereby shall forthwith Deceme due and payable,
<br />_~ ~ shall Dear interest at the delault ^ate described Sn said note, and the Mortgagee may immediately foreclose tYas
<br />rortgage or pursue any other available Legal remedy.
<br />_,, ~ (?) Tnat in the event action is brought to foreclose this mortgage, the Mortgagee shall be errltled to immediate
<br />~ possession oI the mortgaged premises, and the court may appoint a receiver to take possession of said premises, with
<br />`~ ! the usual Fowers of receivers 1n like cases.
<br />i.
<br />;f (9) That. Tai lure or delay oi' Mortgagee to exercise any of its rights or privileges shall no*_ be construed as e
<br />• ( waivzr therso_*; Lnat a,R,,° act, of Mortgagee waiving ar~Y specific delault of Mortgagors shall aot be construed as a
<br />waiver of aqy fuLire defaults; that In case of d=fault Sn the payment cf ar4 amortization installments or ±nterest,
<br />;.:: j or in case cf payment by Mortgagee of any tier,,~udgrent,tax,lnsuranre,cost or expense, or rents, fees or charges,
<br />said Mortgagee shall have the priv7lege, without declaring the whole lndentadness due and payable, to foreclose on
<br />i 3ecount of such specific default for such sums as are in detanlt and such foreclosure proceedings may be had and
<br />the land descriDe~i herein may De sold, subJect *.o the unpaid indebtedness hereby secured, and this mortgage shall
<br />~ continue as a lien. for aiy unF'ald balance.
<br />~ (9) Thal the Mortgagee may extend and defer the maturity of and renew and reamortize said Sndebtedness, release
<br />_; t from liability any party liab_e thereon, and release from 'he lien hereof portions of the property covered hereby,
<br />! without atfecting the priority hereof or the 1]abilii,y oT Mortgagors or any other party for the payment of said
<br />Indebtedness, all such e:ctenslos , deferments, renewals, and reamortlzations to De secured hereby.
<br />~~ (].p) Transfer of eecurity. IC is agreed between the parties hereto, their belts, legal representatives and assigns,
<br />t3iat the integrity and resyonslbility of the Mortgagors constitutes a psrt of the ccnslderatior, tar Lhe note secured
<br />~~ ~ hereby, and that in the event Lhe Mortgagors shsll soli, transfer. or convey the property described herein, the
<br />- Mortgagee may at its option declare the entire indebtedness irmmediately due & d payable and may prooeed in the en-
<br />forcement of Its rights ~ on soy other delault In the terms of the note and mortgage.
<br />~h t'yords and Qhrases herein, irrc(udtir~ the acDnauie3~ment hereof shah be construed as in the sirguiar or ~lurai
<br />nvaGers and as nasculzrz, femsnxne, r neuter geode according #o the context.)
<br />~~ _ ]~ X//, ~ j
<br />,I t. /J/~rtr~iErt~'' (SEAL) - ~a~~T /~,~!~'~-~ c:s7 ~>..L~fif./ SHAL
<br />Lpl ( )
<br />>l ; ~ - Eu~ F. i -soh 'id'e
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<br />;~; i~' {SEAL) - F.AL)
<br />Minnie Dirksc Heider
<br />- - (SEAL) (SHAL;
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<br />." } _ (SEAL) {S6AI~j
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<br />- S"ATB of f~Il{~__* ~, .t'~.~,'-' _
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<br />Or. this ~ ~,ia f / ~,r u -~. _ ., -- rjDeTc - ~ a ,
<br />j, - y _ ._.. , Sir. rC' ,,-,2, i No i.3rr =i1DiiC In ,.Iiv 'a ~af~, C`.Ollnty anu
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<br />State, personally -appeared-=n~ene F. Di.rkscnneider ana AL:nnie B. Dirksc;fnn.it~~r husband
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<br />~- ( tc me known Co be t'ie persons ni:e3 -.n sn~' who executed the foregoing instrument, and acknowledged that they executed
<br />tie same es their ~oiunt:ary ac°, 3.d weed.
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<br />(Type or print amp und~'r ~yiq }t,[i-p ~1''--
<br />) Nor.ary Publ7.r. in and for said ~ourty ar.C State
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