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<br />7. Condemnation. In the evxnt the Property, or any part thereof, shall 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 compensation, at its option, either to a reduction of the indebtedness secured
<br />hereby or to repair and restore the property so damaged.
<br />8, Performance by Mortgagee. Mortgagee may, but 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 necessai} 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-shall be added to the indebtedness secured hereby and become subject to the den hereof, Mortgagee
<br />sha8 not incur any persenat liabr3ity because of anything it may do or omit to do hereunder.
<br />9. Ikfanit; Assignment of Rents Time is of the essence hereof, and upon Mortgagor's default in any covenant
<br />oragreement ~ this Mortgage, including covenants to pay when due the-sums secured by this Mortgage, the Mortgagee shell
<br />be entitled, at its cote option and without nMice, to declare all sum., secured by this Mortgage to be immediately due and
<br />payable and may commence foreclosure of this Mortgage by judicial proceedings; and, provided further, ihat upon suds
<br />t~fauit the Mortgagee, ar a receiver appointed by a court, may at its option and without regard to the adequacy of the
<br />security, enter upon and take posszssion of the Property and collect the rents, issues and proftts therefrom and apply them
<br />first to the cost of collection and operation of the Property and then upon the indebtedness secured by this Mortgagee;
<br />said mats, issues and profits being assigned to the Mortgagee as further security for the payment of the indebtedness
<br />secured hereby.
<br />ltf. 7tanater of Property, if all or any part of the Property is sold or transferred without the express written con-
<br />sent ai the Ilottgagee, Mortgagee asap at its sole option, declare art sums secured by this Mortgage to be immediately due
<br />and payable.
<br />3L Shure Advances Lspon request of Mortgagor, Mortgagee may make additional and future advances to
<br />Mortgagee, Stitch advances, with interest thereon, shall be secured by this Mortgage when evidentxd by promissory notes
<br />sating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this
<br />Mortgage, not including sums advanced to protect the security of this Mortgage, exceed the original Nate.
<br />i2 dfitscdtaneous Ptovisiaat
<br />tat Any tmebearance in exeecising any right or remedy shalt not be a waiver thereof.
<br />tb) All reatedres provided herein ate destines anti cumulative to any other righ[ afforded 6y law ar equity,
<br />and may be exercised roncurrent3y; independently or successively.
<br />(ej 9he covettaats and agreements contained herein shall b'md, and the tights inure to, the respective
<br />sacoessots and assigns of the Mortgagor and the Mort~gee,
<br />ldj All covenaais and agreements of the Mortgagor are joint and several,
<br />(e) The headings of the paragraphs of this Mortgage are for convenience only and shall not be used to inter-
<br />puet or define the provisrons hereof-
<br />13 Redeaae. UQon payment of al3 sums ~eured by this Mortgage, Mortgagee shall discharge this Mortgage and
<br />~ ezaetrbe and deliver a satisfactory release therefor,
<br />C~1 WPiS+tESS tiVItEREL1F, Mnragagor h_; executed ibis Mortgage on the?$tYtday of F~nrarv ,14 ~.
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<br />; of Nedra, trrita .Couary ss:
<br />t?a #hie ~~~ day of ~~ „ l9_~ before me, the undersigned, a Notary Public
<br />s»!r +~cov,d anal ttx said axutatp, persondly came Aroma I . Snt<Ier attd Lou ~n Sn~ der
<br />to me known to be the
<br />idest3Cal peraonts) vrhoee rsante{sj are subscribed to rtue foregoing instrument and acknowledged the execution thereof
<br />ter be ili9 artd her vtiantar. act and deed.
<br />notatir! neat at ~ ~~ is said county, the
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