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<br />(6) That Sn the event any awards are made to the Martgagors or their successors In interest for taking or damaging ~ -
<br />by the exercise of eminent domain the whole or any part of the mortgaged premises sr aqy easement therein, the said
<br />awards are hereby assigned to the Mortgagee; the Mortgagee Is hereby authorized to collect, receive, and receipt
<br />therefor and to apply the same in payment of any indebtedness, mstured or unmatured, secured Dy this mortgage. ,
<br />(~) That in the event Mortgagors de__*ault in the payment of said principal sum, or of any installment thereof, or !11(
<br />of a,-iy interest thereon, at the time vRien the same shall be due, or with respect to aqy covenant or condition here-
<br />02, then, at tnE option of Mortgagee, the entire indebtedness secured hereby shall forthwith Denome due and payaAla,
<br />shall Dear Interest at the default rate described Sn said note, antl the Mortgagee may inaeediately foreclose Lhls ~ ~~
<br />mortgage or pursue any other available legal remedy. ~ `
<br />(B) That in the event action Ss brought to foreclose this mortgage, the Mortgagee shall be entitled to immediate t
<br />possession eT the :vartgaged premisos, and the court may appoint a receiver to take possession of said premises, w1tY,
<br />the usual powers oT receivers in like cases. 1~ ;!
<br />(g) That failure or delay of Mortgagee Lo exercise any of its rights or privileges shall not De construed as a
<br />waiver thereof; tnaL any act o_* Mortgagee vraiving any specific default of Mortgagors shall not be construed as a
<br />waiver ci any Suture defaults: LhaL 'a Casa aI default in the payment of any amortization. Installments or interest,
<br />or in case of payment Dy Mortgagee of acDy lien. judgment, tax, insurance, cost or expense, or rents, fees or charges, (
<br />sniff Mortgagee stall nave the privilege, withcut d?tier ing the whole indebtedness due and payable, to foreclose on ~
<br />amount nI such specifis default for such sums as are in default and such foreclosure proceedings may be had and
<br />the lard described herein ;nay De Bald, suhl act Lo the unpaid indebtedness hereby secured, and this mortgage shall ) ~,.
<br />cDnsroue. as a ly?n `or any unpaid Dslance. {
<br />riQ) That the Mortgagee may extend and d?Ier the maturity of and renew and reamortlze said ~indeb tednesa, release
<br />1'~
<br />`. rcm IlaDility any party 11aCle thereon, and release f.^om the 11 er, hereof portions of the property covered hereby, ~ ;
<br />without afTecting the ,,^,ricri ty Hereof or the liaCillty hf Mortgagors er sny ether party far the payment of said ~
<br />indebtedness, all such extensions, d?.*ermerts, renewals. and r?amcrtlzatlons to De secured hereby. ~ .~
<br />(11? firans2er Of Security. IL !s agreed De tween th? gentles hereto, t^'tr heirs, legal representatives and assigns, i
<br />tna' the integrity and re sponsiDility of the Mortgagors constity cos a cart o.* the consideration for the note secured ( ..
<br />hereby. and that 1n the event the Mortgagors shall sell, transfer, c ccnvey the property described herein, Lhe l
<br />;,st~'•agee msy at its optlan dec l.sre the entire ind?btedness Smmetli ate ly -due and payable and may proceed Sn the en-
<br />Iorc?went o2 its rights as on ally ether de fault in Lhe terms oT the note and mortgage.
<br />(12) Assignmen*. oI r'roceeds et Mineral Lease. Mortgagors hereby transfer, set over, and convey Lo Mortgagee all ~ -
<br />rents, royalties. bonus?s, and "?lay moneys that may frcm rime to time become due and payable under any o1I. gas, i '~
<br />or other mineral lease of env kind new ex'_st7..^.g or that nay hence.*ter come into existence, covering *.he above Sand
<br />ar at~y part thereof. All sve6 slurs .sc received Cy ^!origaga? shall be applied to the indebtedness secured her?Dy; or I
<br />said Mortgagee may at !ts option turn. JYer and d?ii': er LO the Mo..*tgagcrs ar Lhe1r successors In interest, ally or all f .
<br />oT sick sums without ^re,l odic? to an~ o* Mortgagee+s rl;r3;cs i.e take and recsia future sums, and wi tl?OUt prei.ldlse -
<br />to any of Sts other rights ~.rnder this inert ga¢e. The trsrL for and _enveyance hereunder to Mortgagee of said refits, j
<br />royalties, bonuses, and delay moneys shsil be ^enstrced to De 3 provision for the payment or reduction of the mort- '
<br />gage debt, suDJ ecL to the Mo.^tgagea ~s optic.^, ss here!abefore ,^rov.ded, iadecendent c tho mortgage lien on Bald real ~
<br />estate. 'v~ar, payment !n hail of t.*.e nertgage deot a.*;d rn? release r,f tn3s nertgage Yf record, this conveyance shall
<br />Decnne inap?rat ive and n; no f.:rtn?r fc-^e and eTT2et.
<br />,r YC: ds ¢n3 hhras?~ 5e*v, in, int^..d,: r; -re ~c kraa;~,.e F*~e^` hs>=c', s"a?2 be con^trved ~s in the sing°rtar er fliurc ;.
<br />rtsbers and es gas: .sin?, `tai^.i:r. _> -.c-u EZ+ .,...,. :.c.~ _s ~ .o the ;orctex!.;
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<br />'mil tP.t., -xii ;} .;r ~'p~~ ,... .;: Y' ,. ,.. ._.- .`,t... ..,_ .. __.. .L'unt, a73 ~,
<br />stnLe, p=-sor.al_~; ap;;earP~_ ~'Tnd D. Eggers and Kzthleen A. Eggers, husband and wife,
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