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<br />sve or prepaymenes not permitted by the note) to ............__,..50••~~~--~~~~--~~----~--~~---: (i) that if the Mortgaged Property or any portian
<br />thereo shall be taken or damaged under the power of eminent domain, the award for any properly so taken or damaged (including
<br />severance damages to the remaining premisrs) shall be paid to the Mortgagee and applied in full or in part at the optian of the Mort-
<br />gagee in reduction of the indebtedness herelp secured: (j) that the Mortgagee shall have the right to inspect the Mortgaged Property
<br />at such reasonable times as the Mortgagee may desire ro determine the Mortgagor's compliance with the covenants contained in [his
<br />Mortgage: (k) that the Mortgagee may release tsram the lien hereof any part of the above-described real property without requiring any
<br />consideration therefor, and (h that he is lawfully seized of ;aid premises in fee simple, that the same are free from encumbrances
<br />exttgt as xnay othrrwix be specifxally noted herein ar :valved in wriring by the Mortgagee, that he will execute or procure any
<br />further necessary assurances of tide and does hereby warrant generally the title to said premisrs and will torvrr defend the same
<br />against the claims and demands of all persons whomsoever, and that his separate estate, wl•,ether vested, contingent ar in expecnncy,
<br />is hereby convrred and ltr dae=_ hereby expressly wzive, release and relinquish all rights and benefits of any homestead, dower, rurtesy,
<br />appraisemeaz, exemption and stay laws of this state. It is agreed that the incerest provided for in sub-section (g1 above shall br I'~'1, per
<br />annum or tae highest lawful rats permitted by contract under applicable law, whichever is lesser.
<br />SECf>.~tU: That if the Mortgagex shall default in the payment of the Note or in the perfarmance of any of the covenants or agrcc-
<br />ments hereir, tx in the Nate or in an}• agreement collateral hereto contained, or if the then awner of the Mortgaged Property shall
<br />make an assignttreru for the benefit of creditors or shall file a petition far relief under the Bankruptcy Act of 1848, as amended, or
<br />under any similar statute, or shall be adjudicated bankrupt or insolvent, or if any receiver, liquw.wx ... nwte., >Jz+ll be agpuiutcd f.,z
<br />such then owner ar any of hie property, then in such event, the entim indebtedness hereby secured shalh a the option of the Mort-
<br />gagee and without notice to the Mortgagor, be due and collecriblr at once by;udicial Eoreclasure proceedings ar as otherwise provided
<br />by law, or, when available under applicable statutes or rules of practice, by advertisement and sate, and in such an even[ this provision
<br />shall be deemed as authorizing and constituting a power of sale as mentioned in said statutes ar rules; that in addition ro the tights and
<br />remedies heron, the Mortgagee is hereby authorized and empowered at its option to exercise forthwith and from time to time day
<br />further rights and remedies uoilable to the Mortgagee ur=tier the laws of the state wherein the Mortgaged Property is situate, such as
<br />the right to coNsva the rents, issues and profits, or to have a trceiver appointed to collect the same.
<br />THIRD: Tier following uhedukfs is Tarr) annexed hereto and made a part hereof if no entry, this section is inapplicable):
<br />FLM7RTH: That the covenants herein rontainrd shall bind, and the bauetits deed advantages thereof shall inure [o the rspective
<br />heirs, ereesttors, administrators, surcessars, and assigns of tlxr parties hereto. In this '`lortgage unless the context otherwise requires
<br />words in the siagttlar number include the plural and in the plural inciade the singular, and wards in the mascuiinc gender shall include
<br />the fetniaittr and the neuter.
<br />tIv W1TN£SS WHEREOF, earlx of the mdetstgard has signed, sealed and delivrrcd this Mortgage as of the dap, menth and year
<br />&rst above written. t" ~.
<br />+..~C.f.~tr'--- ~ .. .... yn,_..~... -~- ~ .:Seas)
<br />Wayne P. Thesemvi
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<br />- _ _ _ _._ _ . _ _. _.- -..-_ ..- .. '. _ . - .. . . __. _ _. ]Seal)
<br />STATE flF - . - ~ -~_~ ... - r_P r. \ `t ~`Ls `... iSeal)
<br />__.- ~ 1or~a~~.~~fies nvii~~
<br />~LRJNTV OF_ .....~~~r.__...._._ -~~ ---- -~ ---- ~ - . - - - .....-.__. - -..- _....-. .__.....(Seal)
<br />1, t.L-._,Lild.ae... J4_ 1,a.aa/-R _.. _.. _.. . _- ..., a Notary Public in zed for said ~.aunt}• and Starr. do hereby certtfv that
<br />an tills-_ .. j~.11'lt` _...dav oi....~il.:t.~..a~r .. ....... 34 ,&,f._ personally appeared beftvt me tlxe wichm named ~.~~lfl~ Pi......
<br />'I4~esQnYitz..anxi.GlQria-.J._~he s~itz,. hushand_and.wife? _ ....-... ..._. _ ._..
<br />tco nx lrnotrn to be the individualis) drs_•-ribed in Jed who earcuzrd and trltosc nameis) is arr? snbscribrd to the arithia dad furegatttg
<br />iastztztseai, and dal}• ackaawlrtfged w trx rhat_ . - -- ~h~y - - __ - - - - _ -signed and esrtu[td the same as -... ~~.lx'_ ...... ...... .
<br />free and ~clusrxy act dad tired, fa- tae uses and p„* i+,... therein nxtnzioard.
<br />Gl~'EN udder ray hard acrd official seal, tzar tidy and year in this rrrti~caie }use abavr srri[ten.
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