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(a) That, Sei the event the Mortgagors fail to pay when due .any *,axes, Jlens, dud 7~ents, or assessments, ar ffa1.1 to
<br />,maintain insurance as hereirbefore provided, ar "all to pay rents, fees, ar charges under Lhe terms of any lease,
<br />pennip, TSCdrpse;,ar,prlvllege; ar Mprtgagee is regf.[tred to Snrur expenses far abstract fees, attorney ..*ees, costs,
<br />espenses;an d'otnei' charges in connection with litigation, Mortgagee may make such p8y^.nent or provide such insurance,
<br />or incur such obligation, and the amounts paid therefor shall became a par*. of the indebtedness secure' hereby due
<br />and payable immediately, and shall bear interest from the date of pavment at the same rate as provided far default
<br />Ln the note.
<br />(5) 'S'hat Sa the event arty awards are made to the Mortgagees or their successors in interest for taking or damaging
<br />by the exercise cf endnent domain the whole ar ary part of the mortgaged pramises or aqy easement therein, the said
<br />awards are hereby assigned to the Mortgagee; the Mortgagee is hereby autharized ~o collect, receive, and receipt
<br />therefor and to apply the same in payment of any indebtedness, matured or unmatured, secured by Lh1s mortgage.
<br />(E) That Sn the event Mortgagors default Sn the payment of said principal, sum, or of any installment thereof, or
<br />'ot any interest thereon, st the time when the sale shall De due, or with respect to arty covenant or condition here-
<br />of, then, at the op+,ion of Mortgagee, the entire indebtedness secured hereby shall forthwith become due and payable,
<br />shall bear interest at the default rate described Sn said note, and the Mortgagee may immediately foreclose this
<br />mortgage or pursue aqy ather available legal remedy.
<br />(i} That in the event action is brought to foreclose this mortgage, the Mortgagee shall be entitled to immediate
<br />possession of the rortgaged premise:, and the roc.^L may appoint a receiver to Lake possession of said premises,with
<br />,the usual powers a' receivers :^ 11'te cases.
<br />{F) That failure ar delay of Mortgagee to exercise any of its rights or privileges shall not be construed as a
<br />waiver thereof; Lhat aqy act of Mortgagee walvlr,g any specific default of Mortgagors shall not Da construed ss a
<br />waiver of any future defaults; that in case of Cefault in Lhe payment of any amortization installments or interest.
<br />or ir, case of payment by !Sartgagee of aqy 11en,~::dgment,tax, insurance, cast or expense, or rents, fees or charges,
<br />said Mortgagee shad have the privilege, withaut declaring the whole indebtedness due and Payable, r,a foreclose on
<br />account of such specific default for such sums as are in default and such foreclosure prnceedlr.gs may be had a.nd
<br />the land described herein may De se',d, su0?ect to the unpaid indebtedness hereby secured, and this mortgage sbail
<br />coralnue as a lien for any unpaid balance.
<br />(S) That the Mort,,-;agee may ex r, end rmd defer the maturity of and renew and re amortize said indebtedness, release
<br />from liab111ty any Pa[`ty liable thereon, and release from Lhe lien hereof portions of the property covered hereby,
<br />wirhout affectin6 %ile Pr!crity hereof or the li;:b111ty of Mortgagors or any ether psrty for Lhe payment of :rs,d
<br />indebtedness, all rush extenslc-ns, deferme[as. renowals, and reamartlzatians to be sec~.;red hereby.
<br />(10) Transfer of S<curity. It is agreed between. the parties hereto, their heirs, lepnl representatives and assly^s,
<br />th-°rt the inte~ity and r?,ponsib!lity of the Mortgagors constitutes e gar[.otthe ccnslderation far the note secured
<br />hereby, and that is the evert the Mortgagors sh!:11 sell, transtar, or convey the property described herein, the
<br />Mortgagee may at 1's oPtlon declare the entire indebtedness immediately due and payable ar:d may proceed Sn the en-
<br />fo=•cemeat pf its r; ghts a>: on aqy ether default 1n the terms of [he Hate and mortgage.
<br />(i'urds and Qhrases herein, irlc(.udir the actc:ou+led went hereof shall be construed as ir, the singular or tlurnl
<br />nv^ebe~s and as 'masculine, femtrsre, ~ neuter ger.Ber~, according ~o the context.)
<br />._ (SEAL) ~V (SEAL)
<br />~ ~ `SOUKU°, JR.
<br />{SEAL) ~°l~~G~t~/O~~C~TTTl~~.TF~ (SEAL)
<br />(SEAL) (SEAL}
<br />{SEAL} (SEAL}
<br />SinfiE Je tSatara:aka ~O
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<br />r'IGG 1I ~. ~rr~+"""'~'~""aa'~n
<br />~: tt... - rl, ,lay of ~ r- r-" - r ,-._ _Q_~, be, .a --_. .s_t,.~.y x•"--- 1n end for sxT ~aut=ty u,r,
<br />~-~ s.=. y~r~tnal'~; `--sue-^~._' ~.ed S@L'lftt~- _ i~ ~~~Fi~~.e ai~~tg-41:s`.4~'u, ~:i~SiF~id Diu -~~~
<br />to me known to be tee yers~ms n:meC 1n ant was exe~uce~1 tie tcregc:r,g it:strumenC, and acknawledged that they executed
<br />th=~ same as their ~-oluntary act and deed.
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<br />My commission axpl:es.~"~ =.~w.. . ~~ ~ r y _ _` ~i,,~ ~ .- `, ~*_.:~.,.._ .~
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<br />T ype~or~p~io± name unua, signacwx;
<br />Not ary i'ub11c ir, ~s;:d °or said 'eunty sued State
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