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<br />(B) That in the event any awards arc made to Lhe Mortgagors or Lhe1r successors Sn :merest for raking or damaging
<br />~,, by ti:e exert Sse nt eminen r, domain the whole or any part of the martgagen premSSes or aqy easement therein, the ~•aid
<br />~. awards are hereby assigned to the Mortgagee; the Mortgagee is hereby authorized ^o collect, receive, and receipt
<br />therefor antl to apply the same 1^ paymem of arty indebtedness, matured or unmatured, securetl by Lh1s mortgage.
<br />(7) Thal In the event Mortgagors default ir, the p"ayment of said principal sum, or of any installment thereof, or
<br />of any interest thereon, at the time vt?en the same shall be due, or wl th respect Lo ary covenant or ^endition hare-
<br />of, then, at the option of Mortgagee, the entire SndaDtedness secured hereby shall Pertnwith become due and payable,
<br />shall Lear interest at the default rate descri.Ued Sn said note, and the Mortgagee may immedlate!y foreclose this
<br />mortgage or pursue any other available legal remedy.
<br />,el Tnat in the event action is Drought to foreclose this mortgage, the Mortgagee shall be entitled to Srtm;ediate
<br />possession of the mo.^tgaged premises, and the tour!. may appoint a receiver to taka possession of said premises, :vi th
<br />the usual powers o.* receivers in like cases. _
<br />~a} ':hat failure ar deleY of Mortgagee to exerr.Sse any of its rights er nr lvijeges shall not D= construed as a
<br />salver Lherer,P: that any act of mortgagee waiving zny specific default of Mortgagbrs shall not be construed as a
<br />vraiver of aqy future defaults: that in case cf d~.*ault in the payment of any amortl2at ion installments or interest,
<br />cr Sn case of payment Dy Mortgagee of any lien„ Sutlgieent, tax, insurance, cost or expense, or rents, fees or chargas,
<br />said Mortgagee shall have the privilege, without declaring the whole indebtedness due and payable, to foreclose on
<br />account of such sper,l tic d=fault Cor such sums as are in default snd such foreclosure proceedings may be had and
<br />the land described here!n may De sold, sub,i ec t. t.o the unpaid indebtedness hereby secured, and this mortgage shall
<br />continue as a ~Ser. for any unpaid Dala:u^e.
<br />(iDi That, the Mortgagee ;nay extend aad defer the maturity of and renew and reamortize said indebtedness, release
<br />from 11 aDiii ty any Party i!aDle thereon, snd release from the 11er, hereof FerLlons of the property covered hereby,
<br />--.Efl thcat aSfecting the priori *y hereof cr 'he liability of Mor±gsaors or atiy~ ether party for the payment of Bald
<br />!adeDtednass, ail such astenslons, deferments, -anewals, and resmo^tizatiens to be secured hereby.
<br />(11) Transfer of Securl Ly. It. is agreed be[ween zhe parties hereto, tha±r heirs, legal representatives and assigns,
<br />i.273L tDe SaLegrlty ar:d respenSl Dillt', of '-he ":C^Lga,2ilS's CCi1StI Ct: i.fS a ~ ' ^,° trie COnSiderati On fqr 'ne note secured
<br />hereby, and tY,at in the event the Mortgagors sraLl ~e11, tr2nsfer, orsconvey the ^..^operty described herein, the
<br />Mortgag==_ may at is option .'.er.l are the er.t1^~ ,ndeUtedness immediate ty due and payable srd may proceed !n the en-
<br />forcement of its r'. ~*.t_ as an °_qv other Ce fat;l'~__, the tt-, ~,_ _f the note and mortgage.
<br />( <) A sS.T,nmert o" Fr^ceeds :.t ^'ineral :.e s: e. r+o ~.c s i?zreGt cans ter, set per and convey t.o Mortgagea all
<br />ren*_s,~rovalties, brnuses, and da~ : 'cone ~ r :m r a o ~1°.. ,,one ile d ~ayable under any oil, gas,
<br />dr ether ^~Sneral lease 1. any k_..d .,v ,.x- .:n. ~ . .. ay ;,e,. 7f_rr :,,ma !nto .x:stence, severing the above land
<br />nr aqv Part Cher-.of. A11 such s C y r a,ae .h _1 De spelled to iDP Srdeb redness secured hereby; n_r
<br />sa ~u^tgagee Tay st i 5 o-t.!o^ Li t _ 2nd "el to -.he No _gsgors ~^ C`~e+r >uCCessors !n interest, 8rti~or ajl
<br />e;1s,:cY, suns Without - e,i +~e o - } c ., vaee Ir,n s .. sloe and ^etain .`.tture sums, ar:u wi thous nreludice
<br />to atv~ cP its other ri hts ~onder this m ~taage. The 'rursfer 'and ~e*:vevarce hereunder to Mortgagee of said rent-;,
<br />royalties, Ccnuses, and delay mcneya shat: ' ~etistruad proc!lion f.r the payment nr reduction oP the mort-
<br />gage -Ut sub iect to vhe maze e .l ere lobe - :ndenPndent ~ the mortgage lien on said real
<br />estat J^.•r. ca;,^,ert 'n f. i' ?,e ~v~aa ~,eJt. a. ,, .:?~ ._. ..,. _ this ~?c. t. a e ~r r2co^d, ck11s conve ?
<br />beco:z. _ne;-. at _ve '-.- et .,_ .~rthe. -.,... ~._ erf_~, ,,_ g g ~ Yance shal_
<br />i+<'c ~ ~h. us -2 ;-.~ ._ s,~rY~y:- pe. ;all 'e ors_. :c-3 ._ crz the sirguiar a- 4Z•~.~ui
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