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<br />7. Condemnation. Tn the event the Property, of any part thereof, shall be taken 6y eminent domain the Mortgagee
<br />is empowered to collect and receive alI compensation which may be paid for any property taken or for damages to property
<br />not taken, and Mortgagee shaft apply such compensation, at its option, either to a reduction of the indebtedness secured
<br />hereby or to repair and restore the property so damaged.
<br />&. Performance by Mortgagee. Mortgagee may, but shall have no obtigation, to do any act which the Mortgagor
<br />bas agreed but fails to do, and Mortgagee may also do any act it deems necessary to protect the lien hereof. Mortgagor
<br />agrees to repay, upon demand, any sams so expended by the Mortgagee for the above purposes, and any sums so expended
<br />by the Msutgagee shat} be-added to file indebtedness secured hereby and become subject to the lien hereof. Mortgagee
<br />sit~l not-rirnir-any personal liability because of anything it may do ©r emit to do hereunder-
<br />9, -D~anlt;_9~ignment of Rents. 15me is of the essence hereof, and upou Mortgagor's default in any rnvenaat
<br />or agreetnentof thtsMsirtgage, iacludiirg covenants to pay when due the sums secured by this Mortgage, the Mortgagee shall
<br />he eatitisxi; at iG sole option and without notice, to declare all sums secured by tbis Mortgage to be immediately due and
<br />payable and may commence foreclosure of this Mortgage by judicial proceedings; and, provided further, that upon sues
<br />default the Mortgagee, or a receiver appointed by a court, may at its option and without regard to the adequacy of the
<br />security, enter uma sod take possession of the Property and rnilect the rents, issues and profits therefrom sad apply them
<br />filet W the cent of eo6ection and operation of the Property and then upon the indebtedness secured by this Mortgagee;
<br />rents, sad profits being assigned to the Mortgagee as further security for the payment of the indebtedness
<br />,..._ :_._ -aedued.berahp. -- ._._. --. __-- . - ._ ._ __ _ _ ____. _. _ ~ _ __ _.__.
<br />10. 't1>e~der of Property. if sll or any part of the Property is sold or transferred without the express written con-
<br />. seat of the Mortgagee, Mortgagee may at its sole option, declare all sums secured by this Mortgage to be immediately due
<br />amt payable.
<br />11. a Advames CPon requ°st o[ Marigsgor, Mortgagee may make additional sad future advances to
<br />- Such advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes
<br />zsatirrg ih~ said Hates are securest hereby. At no time shall the principal amount of the indebtedness secured by this
<br />l[c>otgage, not iattadrng sums advaooed to protect the setvrity of this Mortgage, exceed the original Note,
<br />1%. 3CwoeUaneonc Proviawrs.
<br />(a} Any forebeuance in t.reexcising any dot or remedy shalt oat be a waiver thereof.
<br />{b) Alt rrmed:tx provided herein are d~tiact and cumulative to aciy other right afforded by taw as equity,
<br />and twly be exercised cnnnrrreatiy; independently or successively.
<br />(c} the spveaanis acrd agreements ceatained herein strait bind, sad the rights inure to, the respective
<br />and assigns of the Mortgagor and the Idortgagcr:
<br />(d} Ail covenants sad sg<eemeats of the Mortgagor are jaiai sad several.
<br />(e} 1>te besdmgs of tlw paragraphs of this Mortgage ue for coaveaierax only sad shall not be aced to inter-
<br />pret or dt~e phe 1 hereof.
<br />Y8 Bsiease. Upaa pvprereat of all sores sensed by flan Mortg~e, EiQttgpgee shall discharge ibis Mortgage and
<br />ahaX ernrtta aoA daBR[ a aY~ficWry release tSreRfoc
<br />Ilg ~S iPHEB$i3F, lortgagor' has executed :'.tis linrtgage on the ~~ d~c of J~~Y , 29 ~ .
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<br />~Stat+e d itiotaaa~s, Fa7 1 Gouaty ss:
<br />t]s tint #~ dty of ~ ~ 19 80 ,before me, the undersigned, a Notary Public
<br />defy ca>~aeed ~ ~ified for said county, prYSmatly ame lXui B. Bti3CkT1Er aTfd Il~Tia 1C. r•
<br />~ 1+tY.f~ , to me known liar be the
<br />idsatat peeson{s} ahaae lame{s} ace subsczibed io the faregctircg iastnrmeat and acknowledged the exec+rtion thereof
<br />ittt be }S7.S ~ ~ieT valru:tv:y act srui deed.
<br />c nay taped aid aid seat at ~d Is2aiYi pia said cauaty, We
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