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<br />8t7-•-~ €~ ~ 1 °~9
<br />%3, The mortgagor covenants and agrtxx that if he shall fail to pay said indebtedness or an} pa-t thereof when
<br />due; or shall fail;to perform any covenantor agreement of [Iris inatntment or the promissory note secured hereby, the
<br />eotii•e iadebtedhea¢ hereby eeeured shall immediately become. due, payable, and collxctible without notice, at the
<br />optoe.of the mortgage or assigns, regardless of maturity, andihe mortgagee or his assigns .nay before or after entry
<br />eeil:ssid property witftout,appraisement [the mortgagor having wai.•ed and assigned to the mortgagee all rights of
<br />appniimnent)
<br />1 t) at judicial sale pursuant to the provisions of 2R ti.5.(:. 2001 ~ a i : ur
<br />(tt) at toe option of the martgagee, either by auction or by eolitxtation of sealed bids, for the higLeet and
<br />btee bid enmplying with the tertns of Bale and mamer of payment specified in the published notice of sale, 6rot
<br />giving four weeks` notice of the time, ternta, and place of such sale, h. aelyrrtisement not lee,. titan user.
<br />detring eaeL of said four weeks is a newspaper pnoluhed or distributed in tLe county in which- said property
<br />iasitnattsd, all other notice being hereby waived by the mortgagor {and said mortgagee, or any person on
<br />behall of aaid.mortgagee, may Lid with the unpaid indebiedxro evidenced by said nets). Said salt shalt be
<br />held at oc on the property to be sold or at the- Federal, county, or city courthouse for the county in which the
<br />property is located. The mortgagee is hereby authorized to execute for and on behalf of the mortgagor and to
<br />deliver to tLe purchaser at such Bale a sufficient conveyance of said property, which conveyance shall contain
<br />maitab as to the happtaieg of the default open which the ezecution of the power of sale herein granted
<br />depeadst aed the said mortgagor hereby tptutixutes and appoints tLe mortgage or any agent or attorney cif the
<br />teortgagee,,•,the agt~nY sad attarney in fact of acid mortgagor to make aueb raitsla and to execute said
<br />asnverriece` (,ad Lere67 covenants and agrees that the reeitaLt so made shall be effectual to bar all equity or
<br />tzgh! of reaemptitw, liomntead, dnwtr, and all other exemptions of the mortgagor, all of which are Iterxh.
<br />expteesly waived and"conveyed to the mortgagee; or
<br />tLtt• take•any otter-appn,priate action pntstraut to mate or 1•~erleral statute either iu dale ur F~e+lera)
<br />court or otherwise for the disposition of the properh.
<br />In tLc egmt of a ask as herteinbefore provided, tLe mortgagor or any pttt+ons in possession under the morn
<br />gager stall then become and be tenanu holding over and shalt forthwith !ieliver t=usaesainn to the purchaser at
<br />each sale or be awamarily daposseseed, in accordance with the provisions of law applicable to truants holding to er.
<br />The power sad agency hereby granted arc coupled with au interest awl are irreturable h, ~irat{t ur +~therxier, and
<br />are granted ae cumnlaUve to the rtmtedies for collection of said indebtedness provided by law.
<br />1. The prooeeda of any sale of said property is accordance with the preceding paragraphs shall be applied first
<br />to pay the esW and eapttesea of said sale: the e:peases int:urted hs the mortgagee for the purpose of protecting or mains
<br />tainin~ said propeetf, and reasonable attveaeyi foss; secondly, to pay the indebtedness aecared I.erehr; and-thinily,
<br />to pay aey. snrplea or eueas to iLe person or persons Igtally eatithsd thereto.
<br />a I4 tie event said praperty is sold at a judicial foreclowte sale or pursuant to the power of sale hereiaabove
<br />greeted. atad tits procee.ii err sat stsifieient to pay the total indebtedness secured by thin instrttmeat and evidenced 6y
<br />wd P~'Y ate. the mortgagee will be eatitkd to a deficiency judgment ter the amount of the deficiency taiifttwt
<br />rartl to sprpairtssaet.
<br />4 >a tie eves[ the tnorigagor fails to pay any Federal, start, ur local tea a.eeeameru, inwme tax or other lay
<br />{lee, tdw•gq [eey or ether expeeat charged agaiest tLe property tLe nartgagee is hereby authorised at his nptian to
<br />pay tie eases Asp sums sa paid by the morigagec shall be added to and become a pan of the principa) amount of tltc
<br />ieieitet~eaa essideoced by said [toter ntbjeet to the same terms and conditions. If the mortgagor shall pay sod
<br />disdtarge Sits evideacetl by said promissory note, and shall pay such cams and shall discharge all
<br />taraaed lii~ anti;ite taW foss, and expenses oI making, tmforring, and ezxttting this mortgage, then thin ttwrtgsge
<br />•lalt a atatsmiad and atrreedara+d.
<br />?: "1'ltaew~ah4ieireinu cioruined airall Lind aed the benefiu sad adyautageb shall inure to the rreprctire„ruc-
<br />ettssws atdasr~g~tr a[ rite pattis-IrMO. \Fiteseer used, the aiwguLr number shall iaelade the plttralr the phtaal ~iie
<br />tttt~ttr, aeit tie rtes of sy ~sdarshaS itreitnde ail gttndeab
<br />~._rl! rrairae oI stay asiresrant Itesaie or of ties obligatioe secured hereby shall at and ttmr thtn•after Iw heiti
<br />i• ie a waitKt of tin terms lassawf ar of tin [tote seerrred hcreM.
<br />9, A jgiisid tiicrss, arir, or Its~t 1mYies any pro-irao ur portiwt of thi. iurtrumeat invalid ur ~n~n~--
<br />1i>rrsia~le sitaii mt is ay way ittrp~tir or pretlnde the erforcesaenr of the remaining praviMOne or i.ortiaw of this
<br />itlilitttAa~t.
<br />~ ~ trtRillgr~tgMise~ttMa ittttt~iarsriia aaart~ar pursunt id she proriaicar of [Isis irstsuwrmt sluff Le ad-
<br />~1luaintttt~Mlata f1fEfEir-,>t Bent 321, Gvrestti Islattdr ids. &flfllll
<br />aed any xrittsa natiab to be issttetl to the mortgatee shall
<br />Its adti~prrs~ w tin aasyyss at 3D4 1A~t 2ltird Str+eeG. P Q Htsx Iti98, Gr~tnd tslarxl, Ems,. ts5iiQ1
<br />'aeA 6GgM are [resat
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