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<br /> (a) Tnat In the event t+t• o-,pgor:s rail to prey vpen due my ".axes, lIens, Iludgrents. cr wsenrncrsu5, or rat to +
<br /> m-'vtaln in:rjrmnce a t r,ereintt:!rore provided, or rail to fiay resits, fees, Or Cnarges andar the teals o" ar~v leale, it
<br /> yrrItit, license, o p-;vilege: cr• ncrtgagee is re(TIlred to incur expenses for abstract tees. attorney costs.
<br /> ;,zpenses, andotte charges In orinection with lItig&tlon, Mortgagee may make such paymntorprovlde such Insurance, I
<br /> Cr cur such pbll .citlc;i ,uid the armounts, paid therefor shall'beco*e apart or the Indebtedness secured hereby due i
<br /> and payaLle 1.=,ediately, and r,"ll bear Interest from the date of payment at the same rnte as provided roe default
<br /> In the note.
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<br /> (5) That In the event any awards are made to the tiartgagors or their successors in InterIst for taking or ftlaglrs
<br /> Cry the exercise of e;.-inent dors.xln Urr! whole or any part of the nortgagt.: ;rwnlses ar arty ersrpment therein, the said
<br /> awards are he;-ety assigned to •ye mrtgagee, the Mortgagee is hereby authorize.: to collecr, receive, and receipt
<br /> t ae: eror and to a; ply the n,%me In payment of any IndeOtednessr matured or urisaatlued, sei ui'Gd by L i15 mortgage:
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<br /> (e) Msat I ; the event Martgagers default In the payment of said principal sun, or of any Installmrit thereof, or
<br /> 'of arty Interest thereon, at the time .alien the same shall be d;ie, or with respect to any covenant or condition here
<br /> l n', tier,, a he optlcn of M.-trxagee, the entire Indebtedness secured hereby Shall forthwith become due and payable, i
<br /> t -mill bea. )ntm,est. at the derault rate described 1p sald not', and the Mortgagee n y 'mmedlstrly foreclose tZ, a
<br /> r.;ortgage of uursue my other avallable IcFAI rfinedy. ~I
<br /> !7) bkt In the event a 7r bj,oukrit to foreclose this mortgage, the mortgagee shall be entitled to lenedlete If
<br /> Sesslorl cf the f)rtFAgt1C pre~al es, and the Court a8y appoint a recelver to'taY.e posrPsslon of scald prer,ises.wlt`:
<br /> e usual pr~wers of rt.-elvers In :Ike c+i.ses.
<br /> (P) ;gat failure or delay of Mortgagee to exercise any of its rights or rrlvllegr,s stall not bra •:VISt'ded as a
<br /> w tier the vo : thaT, any act er mortgagee waiving any speelflc derault of mortgagors shall not be ci~nstrued m, a
<br /> 'Anlver or P--,Y !uture defaults: that In case of derairl:t In the ;.,ay'iCent of any axrortiV, tlon lni'Lallraenta or lnternrt,
<br /> in case r., payment by `:ortgt gee of ary 1len.,judgment. tax. Insurance. cost. or expense. or rent.,. fees or chargers.
<br /> sh',O Mortgagee shall have the p lvllrga, without declaring the whole tndebtednesr. due vend payable,' to foreclose or.
<br /> n::aunt of such specific defa,itr for such sums. as are in default and Duch forsclosum proceedin?.% m4y be hsd and
<br /> th+: land described herein May oe sold, subject to the unpald indebtedneas hereWl secured, and thl s rxsrtgage, Shall I.
<br /> cori_inue as a lien for Wray unpaid W.1ance.
<br /> (9) maL tee Mortgagee may extend and defer the maturlty of and renew an'1 rewmortize sal G. lndebtedriuSs, release
<br /> from Ilability ari_v P!LPty llab1e thereon. and release from the lien hereof portlans of the property covored hereby,
<br /> wl li~ut affezting the p arlty tie eIx or Lhe liablllty or ticrtga ors or any other party for the p.Iye,ert of Said
<br /> inCeb edge , All such extenslo de.rerments. rentwals, seed rewrortlzarlons to be secured hereby-
<br /> (3J1 ans a of Security. It Is weed between the p rtlas hereto the': heirs, le&tl representatives .na W31f;13,
<br /> hai he ,nLec,~,-ity and respohsIN21Ly o' the lmrtgagors constitutes a ,erLOfLne conslSe a iRn for the ..:ate secured i
<br /> hereby, an,- that in they event the ;murtgagors Shall sell, transfer, or convey the property described ,'erpln the I
<br /> I~ m! ogee rmy at l'-a option declare the entire ind?htedness lr.edlately due and payaaie any may i+roceed in the en- I
<br /> f::. - nt cf rig`.ts as on a:.y other default in the teals of the note e:d cwrtga(ie.
<br /> ( lYOH-r and Phrases herein, irc{teir0he ccx-%OWlGdYsent hereon shall be ca+i.st-Ue! as i" the s;qulc- er plu-a: I~
<br /> risxbe-_: nn~ ¢r masculire, feasniya fa=ter fertde , urcovdxr,fo the cont,.x::1
<br /> man im rather
<br /> JeanrariiNr
<br /> ~EAL
<br /> !,TA7F OF
<br /> (Y_'V;7Y OF
<br /> fn tr )s c~3 Ca} n: ~ ~ ~Q~
<br /> A.D., 18:.e. berore me, a testa.-y public 1n and for SaIC Cl=jty a;;w
<br /> Str.tr; Zerso.;ally a, reared ~T _Roman Kim Kraemer and.Jean Kramer (also known as Jean 4. Kramer)
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<br /> husbar.•d and wife,
<br /> to me imOvn to be the Persons na..ed in and who ex- cured the ro, egoing Instrument. and acknowledged that they executed
<br /> the sane ar tb it vr,luntary act a^d deed.
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<br /> lit C fk~ti 5 v 1 Sri a xp 1 r'+: s~ iErtfJtAt Mlit4A'P- k:n r r~..tita l f s~
<br /> BARBAAI,1 SYDALEK
<br /> L+Y 4 avp lA*rch 14X I S82 r A~' Or pr i "t ww u r i a.C w ~
<br /> Notary. Public in and ror Bald county grid state
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