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<br />7. Condemnation In the event the Property, Denny part thereof, shah be taken by eminent domain, the Mortgagee
<br />is empowered to collect and receive all compensation which may be paid for any property taken or for damages to property
<br />not taken, and Mortgagee shall apply such rnmpensation, at its option, either to a redaction c[ the indebtedness secured
<br />hereby oz to repair and restore the property so damaged.
<br />$. Performance by Mortgagee. Mortgagee may, 6ui shall have no obligation, to do any act which the Mortgagor
<br />has 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 sums so expended by the Mortgagee for the above purposes, and any sums so expended
<br />by the Mortgagee sha13 be added to the indebtedness secured hereby and become subject to the lien hereof. Mortgagee
<br />shaft not incur any personal liability because of anything it may do or omit to do hereunder.
<br />8. I}efaulE; ?.ssignment of Rents. `ISnee ss of the asseace hereof, and upon Mort„~agor's default in any rnvenant
<br />or agreement of this Mortgage, including covenants to pa}• when due the sums secured by this Mortgage, the Mortgagee shall
<br />be entitled, nt its sole option and without notice, to declare alt sums secured by this Mortgage to be immediately due and
<br />payable and may commence foreclosure of this Mortgage by judicial proceedings; and, provided further, that upon such
<br />default the Mortgagee, or a receiver appointed by a court, may a[ its option and without regard to the adequacy of ttn
<br />security, enter upon and take pass,°ssion of the Pmperty and collect the rents, issues and profits therehom and apple them
<br />fast to tare cast of collection and operation of the Property and then upon the indebtedness secured by this Mortgagee;
<br />said rents, hues and profits being assigned ta the Mortgagee as further security for the payment of the indebtedness
<br />secured hereby.
<br />Ili. 1Yansfer of Property. if all ox any part of the Property is sold or transferred without We express written con-
<br />sent of the Mortgagee, Mortgagee may at its sale option, declare all sums secured by this Mortgage to he immediately due
<br />and payab]e.
<br />II. flidire Advances, I;pon request of Mortgagor, Mortgagee may make additional and future advances to
<br />hitvtgagee. Sttrh adcanees, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes
<br />stating that said notes are secured hereby. At nn ume strap the principal amount of the indebtedness secured by this
<br />?Mortgage, not including sums advsatrd to protect the security ~?t this -Mortgage, exceed the original Note.
<br />i2. Iuli9cellaneous Provisions
<br />(a} any forebearance in exercising any right or remedy shalt not be a waiver the*eof.
<br />lby Alt remedies prodded hemin are distinct and cumulative to any other right afforded by law or equity,
<br />artd may be exerivsid ronrurrentiy, indeperdentfy or successively.
<br />{ct TI3e covenants and agreement; coniaiaed herein shat! hind, and the righzs inure to, the cesneetive
<br />successors and assigffi of the bortgagor and tha Mortgagee.
<br />{d} All roveztanu aad agreemetrt of the Mortgagor are joint and several.
<br />{e) 1Ae headings of the paragraphs of this !Mortgage are for convenience only and shat! not 6e used to inter-
<br />pret or defim the provisions hereof.
<br />i3. Reface, L`pon payment of all sums secured b}' this Mortgage, Mortgagee shall dueharge this Mortgage and
<br />shaft ezacute and defiler a satisfact~y release therefor.
<br />LN R'ITNISS YPFT£REOF, Mortgagor hts executed this Aiortgage on the ?t~ day of Fetaruart__, Ig S0.
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<br />QQr this j~-~ day of _ Febl't281T ~, i9 3~ ,before me, the undersigned, a Nolan' Pubtic
<br />drily e.~misaioned and qualified for sad county, petsanalh• came ~ )~'~~is Fit,~her eild 1ti1121Y1 Fisher
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