BQ....tpi~~9~
<br />tc) that In the event a0.V-awards are-made to the ~MOrtgagcrs or their successorsin interest for aking~or damaging .~
<br />oy' the exercise-of eminent domain"the whole or aCly part of the mortgaged pramisesar spy easement therein, the-said
<br />awards are hereby assigned-to the M~ortgagae;. the"Mortgagee is hereby. autharized tocollect, receive, -and receipt
<br />-therefor and -_to apply-the.same in'paymertt-~bf .any SndeD redness, matured or vnmatured, secured by this mortgage.
<br />73 They in the event Mortgagors default in the.yayment oI said principal swn, or-of any installment-thereof; or .F
<br />of aqy antarost Gherean. -at. the time -when the same shall be due, or with respect to any covenant or cohdltlon here- a
<br />of, then, at the aptlon of Mortgagee, the entire indebtedness. secured hereby shall forthwith-Decoma due-and payable, ~~
<br />shall Dear Interest at GTie default rate described in said note, and the Mortgagee may hmnediateiy -foreclose tti3s
<br />-- martgaga or purses•agy-ether-available legal remeyy.•~ - - - ,y `
<br />-_ ... ;
<br />(gj--Mat In the event aatlan Ss Drought to foreclose-this mortgage, the Mortgagee shall ba entitled to immediate gt
<br />possessior, pf~tpe:mortgaBed premksas, and the court may appoint-a receiver to Cake possession of ssfd premises;- with i t=
<br />- the usual Uawers at-..^eceivers in lfkr cases. - i,
<br />I
<br />i
<br />1
<br />s ,
<br />(B -Thatfallure or dalag of Mortgagee td exernise-any Of SCS rights or privileges shall not Deconstrued-as'a
<br />+vaiver:therapf;. that-any act of Mortgagee waiving any-speglfic default of Mortgagors shall--qpt be-:construed as a
<br />- waiver-of aqy-,turure defaults; tnat Sn case of default 1n the payment of any amortization lnsteiiments or knterest, f $
<br />or Sn'case of Payment by Mortgagee of. any 11 en,Judgment, tax; insurance, cost or expense; or rents, 'face oi•:charges, Y
<br />sald,Mprtgagea-shall have-the privilege, wlthaut declaring t.he. wnola indebtedness due and-payable;-to--foreclose on
<br />--account aF-such specs tin default far such smna as are in de fault and sects foreclosure-proreedings may -De -had-and •
<br />the land described herein may ba sold, sub Jett to the unpaid indebtedness Hereby scoured, and this mortgage s31a11 + i{
<br />continue as:-a-lien fpr.any unPeSd-balance, - ~ _;(, _,
<br />,_ i30) That"the Mortgagee may extend and detar.th.e maturity of and renew and reamortize said Sndabcetlness, release
<br />.rpm ilaD111 ty aSLV party liable thereon, and release cram the lien hereof Vort inns o[ the property cavere4 hereby; f i
<br />wftitout-attecting the priori Cy"hereof or cna 11 aD 111ty at Nortgagars or airy other party fpr ttie'payment of said 33
<br />indebtedness, all such extensions, deferments, renewals, and raamort lzatlons to Da secured hereby. - I ,`
<br />-Iii) Transfer o1 Security, It is agreed between the p•srtles hereto, their heirs, legal repre_sencaGlves and_asslmis;. 1
<br />Ye-i t gray -an rasp6nsiotz sty pf-the h rtg~ers cansti LC s part of-the eons dare au-tpr thz no to secured
<br />I areby, and 'tat in the event the MDr Cgagars shall sail, than er ar ronvgy the~~prppel t/I CascriDed herein, Ct1el (
<br />lortgEfgaa-nay a€ ± ~ opLlon.dec+ara~tDs.nntIre indabtodnaa5 immetsatelS~'due-and Payable sad'~may pradeed-in the- n d ~f
<br />forcemapt'.of it n+gh s aa; an aqy other d teal to Y,he farms'~ai the 11o4e~end ~orcgsge ~ a' ~ ~'
<br />', (i2) Asst,g~ai.t F-P^ ae~3s of M Hares-Lease Mor~,tgagprs har'aDg trrans 9'et ~ >et aver, Erni/ !convey to Mortgagee ells
<br />I, ~, rents, royal 1as, DorLSns :nC d lay money that •syn tram time o cimF'~bero e due!~ard pa,yeb2e under any oil '.ga;s,
<br />'~'~, tr dt,ie~. mine^al i;aa r!f any. k,nd now-zxi cLng-o, that nay hBrrsite +pmo In co exlsCtnre grvartng the above ~i lahC ~ -~
<br />yr arty pert thereof. Al;. such sum so race veil by Mbr ~^agea 1q;w 1 be nllplie~i to the'. SndeND j' +iiless secured tereDV: for ~ t i
<br />akd Mortgagee may a i s opGloh LL^n over ..n1 deliver Le ha.itart e)Tr 7^s~,~ o heir ~sjic~e rsi i ; *merest; ague II r
<br />(r sull:D s,uies witC ut R 1 Jgdica o ryy of Mar) gagaaN C11Y,h ~~ ~,.t lake !tide r_kaln f t7 e r.~, ~ ~ i
<br />y i 1.,.°adlwithout Dre3, die 1{
<br />qo 11f',, its Alier rigYtts under Lh+... mortg8ga. Tt4f CranstoR° 17hII ranvl~Nattce hereund r taw ~oE•CgageB at said. rfi!nC's,
<br />rayalLies, Dcr.:tsas, and daisy none{ shah 'Da tonstivad to Da a prod ^San for the ps}~mdnt or raduatiAn of the- tmort- -
<br />gsge debt, suDlep'ta •f:e Mort$ag e nptlon ss here EnDafAre ~rnv Sad ±ndependent nt cha mortgage lien an said real ~ '
<br />estate. upon pay~esnt in •ull of one ^!artgaga debt an4the re Lease n. .,his morrsage o.* r ceM, thks cdnvayancs sha.tl
<br />b acbma-Snpparstive and of rA f,:rtner farce and effect-. ! °_
<br />t~arda a.r.; pt.++as.•s Farr ir., :rw as:C s»y tt.-~ ~ gn7,~Cedl+n,n~ hx h 5 crsst~uy~%S7_u~s tin Sh.r °'ry; +e!ar ar 3Curn2
<br />ruEers ¢~rd Ss wsrufize, jeaisi ne, or Hess e P n3er n o dr^.q - }~he ;:o -t.~~~~~'-
<br />~j IeAL;
<br />
<br />R, ttsia •-~~s -.d'.._ C~`'C !t[:-.f~. ~,~r. .,.~ ., ~~ ~. t
<br />._ ~, a.e -. tr c•ry ln;li" in ai:-~ -'.r ..n:d ?'runty and
<br />`_
<br />.,~ AhR, 2 Y, yy~r~-~:~--..f ~}.=..a.. ...,t+...fj hr-c.._~''~ f...-..;.«F 11 .._..._~Lk...,.._a..,.._-_:.._._ a. ~ r:..S....,_-......_......._.__
<br />)
<br />- Y ^f - p -a - ._ „ .s.r-,., .. rT I "g ,....4f .. 7.~a nt x._ at chary &. r:1U•d f
<br />t
<br />i
<br />i,
<br />~~~ ~
<br />Ai111~ ,c ~ ° +
<br />N~~,tlt~t ! +I ~ ,, 11 .s rf..
<br />
|