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<br />;4) that Sn the event the Mortgagors fail to pay when due aqy taxes, liens, ~udc7aents, er sssessments, or fail to <br />main fain insurance as hereinbefore provided, or fail Lc psy rents, fees, or charges under the terms of atyv lease, <br />pezrait, license, or privilege: or Mortgagee Ss required to incur expenses for abstract :ees, aLtarney fees, costs, <br />expenses, and other charges in connection with IS CSgatlan, Mortgagee may make such Payment or pravl de such insurance, <br />err incur such obligation, and Ghe amour*s paid therefor shall become a par[ uI the SndeDtedness secured hereby tlue <br />and p~yaDle SmmeQiately, and shall Dear Interest frwn Lhe data of p~ymer.t at the same ra t.e as provided far default <br />}R the dote. <br />(5) That in the event any awards are made to the Mor t.ga~ors or their s•;ccesscrs ±,: interest Inr taking or damaging <br />by Lhe exercise of eminent domain the whale or ~~~ tart ^i the nertgagetl pr~mis<s or arty essement ~hereln. Lhe said <br />awards are hereby asslg.,ed to the Mortgagee: the Martgag e= !s hereby authoriseu to cci lect, receive, and receipt <br />Lhe_*efor and to apply file same in nayment. o: aqv rode^tedness, matured or iL.matured, s.. ,,. ed Dy th!s mortgage. <br />~E) TDSt in the event Mo.^tgagors Default '~ the ya7^~°rt c: saiC princ inal sum. or of a1y icstat im2nt thereof, or <br />of aqy interest thereat., at the time w7;en the same shall De Sue, er with -expect to arty eevansnt condLtlon here- <br />of, then, at Lhe oP*."ion et Mortgagee, the entire 'rdebtedness secured hereby shall f,rt.^,w?th became due snd payable, <br />shall Dear interest at the default rate described 1;, ssid Holz, and Lhe Mortgagee *,s>' 1mmaC}ateSy foreclose this <br />mortgage er pursue arty bG^.er aver}leD1e leg°_1 remz~'. <br />(^! That the event sc 1~ :,';* *_c ror~ se Lhls mo_^tgage, '.he wrtca.^ee De ent' led immediate <br />-t:,ssessl^n cf the mer[.ar'd Pr~l~ `,-gin the ,.our~t say ay^point s . _..e1ve_ to caA= ,__,s?, o:t „said rremises, wLLh <br />Lhe usual pOwer$ of rece trots In 1?ke Ca3es_ <br />,g) Thal failure e* dzlsv of ~ tgagee t. exercise ffi1F of its rights e Lvileges shall not De construed as a <br />wsiver the^esf; that srJ' - IjV'k^,rt3~2e waivl n3 ar~y specific defaa'_t of Mortgagors shah rot De construed as a <br />;caivar of ssv .d~efaik ~s;J :sse a default in the Payr.:eht . r a^,' atertisstion :nstallmants er interest. <br />~^ ~ :.axe a ay-Ge, b .rt3 . e .srtr ~et; i~~~gr!ent. tax, ins;rance - ,r e- r e, or rert.s, fens or charges. <br />sald~MOrt.~;sgee st:a11 ha; .. the ,.. .ti.. ge, w. ,3:~..-. Ceclaring the whole _-deD:~edne..- dt_ and PG'aDle, to foreclose on <br />coca=~st - sac' ea =feral such suers sre in defsalt err: cacti fereclasure proceed}ngs m~y~ be had snd <br />tIle 1andVdescrlbe r=re: msy so~ suD~ec? to the paid ._.debtedness hereby secure,. and th15 rvrtgage shall <br />cant lave ...., s _Ser_ ..._ s_T;. _.,, ,~ Ds?~..~. <br />'mil ?;ai t'ye ??3r:.ga€s"e ^ay 2x'2.? and defame in2 fiat~j.^?tti Of :Sid reP,e,t and re ~^t~.r'.. Saiu SAc~.2bLet4ita55, rZ lea39 <br />'^~tn ?'-aDll'-tS ai'J` ma'y' 11aD12 t;2^e err., s_-;d release from the lie:; Dereet portions oI the property cevared hereby, <br />wi thot•L cite: tic' U:e priority *= - 4^ 11 aD111 t,~ ct ?7otiga5 ors err 3^y _,ther , ~ ty ,*or the payment of said <br />Sn~Dt°,.;,es al. .,_,.. 2x".e-;s_... ...__.._,..nts. ..,.ewals, •utc. resmcr?1...,_,.,,.~ ~,, ere se: nr2d hereby <br />(^;,) Trsnster cf Sacurliy, ;[ Ss :.breed between tL~2 psr; Ses her2tc, t.heL^ heirs, legal representatives an0 ssslgns, <br />that the inter}ty snd tasPorsiDSlit}• t t.:e Martgsti,rs co.^,stStutes a psrt .t the canslderstian for the note seeured <br />h2:'2D,y, snd fast Ln the even*,. the Mcr:.bagars Shsli x211, trsnsfer, -^ convey tha TraPerty described Herein, the <br />Hortgap^ee map si SL_s ;~p.t-ion declarer the eat ire Ind2Dtedness immedi a*.ely Sue and payable and msy Proceed in thz en- <br />fa*rr..cent .,f its rights ss on sn_v airier deia?al*_ 1._ '_.i;2 ferias of the nbt.e snd mortgage, <br />+Yr =s art ^k~sses .arei^, i:tc;s~,iir' iz cc erul-:a3gm2r.: ^K ten' sha?: be _nns?mac 4s in the si:,~^.a tar er pl:cro: <br />%aa5sr's su3 :-s +r2rcu3 sre, ?tn.r.~~, xCr />teu.er ~=air.<.:-.:cord :;,g~ fo iia, cos*ex>.! <br />~~:e?.•~, 2 rev. ~ ".' 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