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<br />Z Condemnation. In the event the Property, or any part thereof, shall be taken by eminent domatn,the Mortgagee
<br />is empowered to collect and receive all compensation which may be paid for ant' property taken or for damages to property
<br />not taken, and ;,lortgsgee shall apply such compensation, at its option, either to a reduction of the indebtedness secured
<br />-hereby or to repair and restore me progerbg so damaged.
<br />8. Performance by 5lortgagea. Mortgagee map, but shall have no obtigatian, to do any act which the Mortgagor
<br />has agreed but fails to do. and yIortgagee may also do ant act ii deems necessary to protect the lien hereof. Mortgagor
<br />agrees io repa}•, upon demand, any sums so expended by the ortgagee for the above purposes, and any sums so expended
<br />by the A7orGgagee sha!i be added t.o the indebtedness seccred hereby and become subject to the lien hereof. Mortgagee
<br />shad not incur any personal liability because of anything it may door omit to do hereunder.
<br />9. I3efault; ,4ssignment of Rents. Time is of the essence hemoi, and upon Mortgagor's default in any covenant
<br />or agreement of this Mortgage, including covenants [o pay when due the sums secured by this Mortgage, the Mortgagee shall
<br />tee entitled, at fu sole option and without potter, to dedare all sums st~ured by this Afortgage to be immediately due and
<br />payable and rnav rammeace foreclosusr of tf:is Mortgage 6F' judicial proceedings; and, provided further, that upon such
<br />default the Mortgagee, or a receiver appointed by a court, may ai its option and without regard to [he adequacy of the
<br />security, envier upon and take pch~se~cien of the Property and collect the rents. issues and profits therefrom and apply them
<br />ffrst to the cost. of collection and operation of the Property and then upon the indebtedness secured by this Mortgagee;
<br />said tens, issues and profits being assigned to ihr Mortgagee as further security for the payment of the indebtedness
<br />secured heretic.
<br />10, Tra>%fxr of Property. li all or any pan of the Pmperty is ;did or transferred without the express written con-
<br />sent of the Mortgagee, Mortgagee mar at its sole option, dedare all sums secured by this Mortgage [o be immediately due
<br />and payable.
<br />11. Futstre ,1dva»ces. upon request of Aiorgsger, Mortgagee may make additional and future adveatrs to
<br />l~tgagee. Sur3r advances, with intet'~t Lherean, ;bait be secured by this Mortgage when evidenced by promissory notes
<br />stating that said notes are secrired hereb}'. AL no time shalt the principal amount of the indebtedne:~s secured by this
<br />~ „.... ~t,.a:r:,r ~,.~ adc~_nm_d to nrnte~t ih., ~ecuritt' of this hSortgaee, exceed the original Nate.
<br />12. Iitratellaaeous Prorisioas_
<br />(al ~txy fotsbearance in e~ercrsing any right or reined}• +hall not f>e a waisrr ihernat.
<br />tbl ?lit rem!3ies provided herein are distinct and cumulatiFe Lo any other right. afforded by law or equity,
<br />and may be exercised roneurnntly, independently or successively.
<br />(ci '3'!te coyeaans and agreemens rnntai..,ed herein shall bind, and the rights inure to, the respective
<br />sumessats and assigns of the Mortgagor and tha Mortgagee-
<br />tid} !lil c~nants and agreements oI the Mortgagor are joint and srv-eral.
<br />;e) 7Tse headings of the paragraphs of this Mortgage are for txurvenienm unly and shall nnY br ased to inter-
<br />pret nr define the provisions hereof.
<br />13- Reieaie. t!poa payment of all surr~ secured by this Martgag+•. `rtortgagrr >hail discharge this Mortgage and
<br />slrali esecttte aml.deliver asatisfaetmy release therefor.
<br />i,\ YFITAiFSS A1i£Rfit~F, Mo:rtgagar has executed tlxt-; Mortgage cm ihr 2`~~dac of Jarnl3ry ,19 $~ .
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<br />iln 3hxs ~~~ day of ~__.--_-, i`!_$~-, beiorr me, the undersigned, a ;votary Public
<br />. GZ}3T'~.2S I3. ~r6u='E'~Iik3Z1 3I1C3 .7dfle't R3}'
<br />rLriv t+~+nrsciantri sad tarrali5ed for said rnuntti, persanaiit came __-- -----_-- ----____-- -. - -- -__-_--
<br />+ ~ llld Wig _,-_- ---, Lo me known to be the
<br />iBrnUrat petsnn/s) wlrow nam~ts) are suta+r•rrbr~d to the forE~gning insirumrnt and ackteowlydgrd the esrrvrtion Lhereot
<br />to trc ~t1.S ai'!d ,~3' _.,__ solunun aei and tlrcd.
<br />ffic land sad rrotatia4 nerd ac _ _ _._~_~ ;`'~~ -.__ __ in said county, the
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