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<br />ieJ That in the event slay awards are made to the Mortgagors or Lhe1r successors Sn Snterest for taking or damaging
<br />Dy the axerctse of eminent domain the wY,a1e or any part of the mortgaged preml sec or sqy easemzr.t therein, the ssid
<br />awards are hereby assigned Le Lhe Mar tgagea: the Mortgagee is hereby authorized to collect, receive, and receipt
<br />therefor and Lo spp1Y the same Sn payment df aryy SndeDtednass, matureQ cr unmstured, secured Dy this mortgage.
<br />(^. That Sn the event Mortgagors default Sn the payment of said prlncSpal sum, or of al.y installment thereof, or li++
<br />ei alyy Snterest thereon, at the time when the ssma shsll ba due, or wit.*, respect to arty covenant or condl tlon here-
<br />^f, then, at the option of Mortgagee, the entire indebtedness secured hereby shsli forthwl tr. Deceme due and Payablz,
<br />sha11 besr Interest at the datault late described Sn ssid note, snd the Hortgsgee may Smmedisteyy taraclose Lhls
<br />mortgage ar pursue a"y other available legal reme~v.
<br />f81 Trat Ln the event action Ss Drcught to tereclc52 this mor Lgag2, the Hdrtgaga2 sha11 De entitled co immedl ate
<br />nos-a2ssiaa at cha mer tgagzd premises, and cha court m~v appel[:t a receiver to take pessesslca e2 said pramises, wi t?7
<br />til> asual Powers of receivers in lika cases.
<br />iP# ^,3at fsllure or d21sy Df Mortgagee to exercise alyy of Sts rights er Fr3vlleges shall not De construed as a
<br />waiver thereof; t*,at :,nv a.:t aP ac: tgsgea waiving ar~• spsci.'SO datault of Mortgsgors shall not be construed ss a '
<br />waiver of Ry _'uture defau'_ts: that Sn case of defsult Sn the psymant of atU• smort izstidn Snstal lr.,ents or Interact, -
<br />or ir, essa a: payment Dy SSbrtgagee of sqt' lien, ?uducan i~, tax, fnsu. once, cost or expense, or rents, Seas or charges,
<br />~n•d MorL.3agee shall have LDz privi loge, without declsring the whole indeDL2;L1ess due and payaD2e, W lcreclosa on
<br />a.vcunt cf such specific de2sul t. _*er such ,ums ss are Sn default and such toraclosure nreceedinga may De hsd snd
<br />**-he lard descr Sped here Sn msy De sold, suD~act to Lhe :lnpaid indebiedness hereby secured, and LDSS mortgsge shat`
<br />.._....nue y .. tier. I.r any unpsid balance,
<br />X10) Tilat the Mortgagee may extend and deter the maturity of and renaw and reamortica ssSC SndeDtadness, release
<br />'f.TM.Ba liability s.~c party 31aDla theredn, sn-d relaase frolu the lien hereof porLl ens of the FroFarLy covered hereby,
<br />witt7nuL af22CtiapT L.De Priority hereof er the SSaDili*_y ^t Mortgsgors or slu= other party for the psyment cf said
<br />.?'~?eDiei^as , sll _lc* estenslons, ref°*ments, ^enewals, snd resmortl ~atlons tc be s=cured hereby-.
<br />-. ~: snsier of a'eeurl c}•- it is sgread Darween the Parties Dzr2to, their heirs, 12gs1 representat!ves and assigns,
<br />tDsL. the intagri Ly and responsiD!iity of the ?t,:rtgagdrs constitutes s part et the corslderscien for the note secured
<br />De-_~Dy snd that in the even' t:la Mortgagors c_ »=l sa'_1, trans2er, ^^ convey the Property describad herein. the
<br />Mortgagee rosy at !ts cpilon declare the aatiN IrdeDtedness Smm2aist23y due snd payable sad :^ay Prodeed in tie en-
<br />Ia.~amea?. cf Sts rights ss ca arty other ~2fsu'_t in L*.,e tarns df the nata and morte'ag2-
<br /><_2` A>'slgnment of ?roceeds .f HSnar»1 L2 asa. Mortgagors hereby uarsf2^, over, :vw convey td Mortgagee all
<br />:~Lc, roYalLies, Donusas, an e~s manat - t Mst * m m2 ti^~e 5 - me u2 psi sDla ~~-~d2r any ,il, gas,
<br />,^ ctDer mineral laas2 of rtny 3+r- noA ax -+n3 c L t Tsy Da s*cer c•te +.ic t -t ~2 ~te fng the aDeva ,srd
<br />Dr ~= P»rt tharani. All su:h s.vra se rarelt Dy ^+.- s5== aha_: ap~_SaC r .he >n..e„,ei.sl, sn secureu' hereby: ar
<br />cAii ~~aar nt ~*_ ~sriu; r~ ; __,v~r ~~ a~,i,.~ ,_ .b ,..,..t~~r;u,°~ u t'e r sn~ees8~rs :n 'a[erest. 51LY Or s;~ '
<br />o. such sums wl tbcrut ,r -ca ~, si c y-r gaga ia'lt t- tsk2 snd ..a!n r~t~re slims, snC without PreJ:ldice
<br />to any of Sts other ghu Lzdar this m rtgsge The - sn, sr^ ~.e vaysnc2 Dareurder to Mortgagee et ssid reru,
<br />royslties, Danvses, an uE1ay mu,e}a shs~_ De -:,as:rue.. ., De a ..,v!~,..n .ar the ,^.Symant dr reduction ;,,* tha sort-
<br />daDt, suDlacb to tDe MD•7't~g2a+s cPtlv'n ~ har?!hDe`ore prevldad, indape.^.dent ., the ~^rtgage i+.e^. an said real 7
<br />estate. ltalan payrnenL in iLll at the m~:rtga~-e ;art :.nd the ^2:assa of this mc.**. gsga c.* record, this caar2ys~ca shall
<br />bacame !noperat ive _~d Ot ne f~riher _*.irce aid eft?~r.
<br />Xorrs ax.? phras>> dera ir., irc :cd irK :hz ac ica~c3Rtce-: ^_ _` sac.. ie taz:tr.~2' as i.. She Sir.~u.ar :^- 9itr-ai
<br />RYi.~.2>s arm. L5. RLS`yiird, iZflIn ih;. Or r~;;..2r ~':T: c^~, 1__^ri i^,j _~ ...e ,: ~..2=.Xi..'
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<br />~+ ~'is day -2 A.^.. 1:~c'~.. D22ora m2, a !;ct s-~- F.lb'_1; in sod far said dac;ntY sod
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<br />stat>, Persor,a?'t ~r;>eared Aohert E. ,ragal ar,3 Delaris S. Engel, husband and wife, and
<br />Chris A_ Engel and Beverly Jean Engel, husband and wife ~'
<br />tC mP LnDRn is Dc' ti?8 par5~~7?5 named in and why. eY3C!IC 2d t}:F for?g; 1^~ !..~':"1'.r_,r!.! . afid iikl:'~w12dC2d that 2172y BYe Cnt ad
<br />Llle Stilie S^. ti:e!^ lt~!anL i"t' a~*- and deed. _
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<br />YIG~AwbRy/ah10.1fCt r*~pe + print r ,nyrr ,,natures
<br />..oia;y ?uDll. in snd `. or said County and Stsc2
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