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<br />--- - $e The mortgagor covenants and agrees i'~at if 6e shall. Pail to gay said-indebtedness: or any part-thereat-whea° <br />- due; or site#! tail to perform any covenant or agreement of this instrument or~the promiASOry note secured hereby; ihs' <br />-- entim-indebtedness hereby secured Shall imtnediately become dos, pajra~,~°;_-and ro}}eetible.arithout notice, aF the:.. <br />option of the mortgagee or assigns, regardless of maturity, and: the isibr;gages ar t:is aa>,inttP me~~ beSore oratter entryt <br />eeli-said property withouCappraiaement (the mortgagor having waived and assigned to the mortgagee alt.t•ighte_ag:. <br />appraisentent) : ~ 9 ! `t ' y <br />- t t) at judicial sale pursuant to the pravisiona ot28 L}.S.C. 2001(x) ; or <br />(n) at the option of the mortgagee, either by auction or by solicitation of sealed birL,'for the lirighheet_and' <br />-best bid romglyiag with Ilse terns at sale and meaner of payment specs6ed in the prtllliatted tzoticeoP osier firer; <br />giving Four weeks' notice of the time, terms, and place of such-sale; by advetiiscment not lese':tbaa once <br />- during easfr of said four weeks in a newapapcr published or distrileut2t# inthe'coun[y;in which eaid:propertp- <br />is situated, all otbsz notice being hereby waived by the mortgagor (and said mortgagec,.ar any paraou_ aa_ <br />6ebaN of said mortgagee, may bid with the unpaid indebtedness evidenced by said note). Srid sale shall be <br />held at as on the property to bs sold at a! th8 Frderal, county, or city rnurthotrax for the snooty in whisb the <br />prapartq is located. The mortgagee is hereby Authorized to execute for and on behalf of the mortgagor asd to <br />deliver to ties perehassr at nosh sale a aul~cistrt conveyance of said progrrtv, which crmveyaaes sbaSi rsntaii; <br />txxilala as to thm happening of the default upon which the execution of the power of aa8e herein grafttted <br />depratda; and the said mortgagor herebp mmslitutes and appainta the mortgages or anp agcat or attorney of the <br />ttfortgagr~ the agent and sttarttsy is fact of said motKgagrsr to make such reeitala and to ezsetrts said. <br />srntvieyan+ee and hereby covenants and agru:ss the! the rreitais so mauls shalt ba e$eetual to bar all ealttity or <br />right of redemption, lmmeatead„ dower. acrd all other rzexnupticrns of ehs mortgagor, all of whislt are hsnsby <br />sxpreaslp waived and conveyed to the mortgagee: or <br />(tttl tales any other appropriate action pursuant to state or Federal ataente either in elate or federal <br />court or otherwise fur the disposition of the property. <br />In thesasiit of a.sale aahereiaabave provided, the mortgagor os ant prrt:on in pasarssion under the mortgagor shall <br />eltet>E bfo#mrtfe atfd be tenants holding over and shalt forthwith delivee possession ao the purchaser at such sale or be <br />summarily disposaesxd, in accordance with the provisions of law applicable to tenunta lralding ur-cr. The power <br />and agency hereby granted are coupled with an interrst and arc irrcvocalrlr br death or otherwise, and are granted <br />as cumulative to the rrmrdies for co}?retion of paid indebtedness provided by la>e. <br />4.. T,na prima at any Sala rr! said 1rra;Yatty in acrardunce vrith ilte prrasdeng puagrapba shell bs utppHed first <br />to pay-tc aaxl:-~ of acid sale, ih$ €xpartaoa incurred by flAe mexrtgagrr for the lturpass of laratexting-or mais• <br />to :s51: p:,~r'==" ~ _ ~ ~ ::e ..,.._ . ns: ,N,~„taiy. i., i i :- fi;wa tni- -- Sn>•r~ rrr,r rrri zawr- irk ; ~rnri rhirdiy, <br />fn = r,ny' aua~~ or +~~ _¢ _~ pr=s~=~ p;==none #a"i rc'if'JsN39 tluar°;^tu. <br />l~ eta >"vr~t ~ µrs:rK„ i, ;~>d ~ . a.,.tu~yf fe ~t~•r~ eye a .rr:-~~ - - - -` -- - ~~-~. <br />graoietl; and tlta pr+arasr.'ls era cwt s©ient to pay rite foul iudsbtednetrt sezurrd try this irtatnxrrterat acrd evidencexl by <br />said prmrissory Hots, thr merigages will be entitled fa n :leftrirrrry jud~trn3 far t}sr amount of ihcde}~rrisart' wi:hon: <br />rtga~ to ef#tfrsiiAme~. <br />€s. In the ev-ent the mortgagor taiPs to pay any "t=edrrai, aialr, nr ixai tae asarrr.e,rrut, income tax or nthcr tat #ien, <br />rltargr, ter, or athtr rxprtfac ehargrr# a{faiast thr praperiv, the mortgagva~ is }frrrbs authorixrd at tern option to pay <br />the satuc. Arxy sutras sec paid by the m©xtgages s}ta}} Ire, addcr# to and h-ramr. a F=a:: rf thr Etrirxb};:..:at,ruxt: of the <br />indebtsdrr evidrttessl lrs *aid fuxer, srfhjecf t~ tits aamr f~rana acrd ctarxditi~xs... #( fhr ruarigagor a;xa.# pas and <br />dixlfarRe the indebtedttsas evideneu•,l by said prom,iaaary ootr~ and obeli pay sacf+ Buena and shall rtisrltargr a!1 razes <br />and }'tarxr. and Yh+c crsstq,. tees. sad .rapsrfsss of tusking. enforcing, amt exeeutiatg, ibis marixaptr, Bran this nmrtgage <br />sbnll'}rs cancxtli+d oral surrernkred. <br />?. The ~.vewants irerxiu ennutined s}exlf hiuti Bud the lrenelits anti ac}vantages s}ta#} iarrfrc to tier. res#wrtxvrt mor- <br />¢tt~rora afad ~ tb. gartias lie¢~ter. ~ltfaravcr tt~sod, the singular number shall iaslude tics plural, the plural eha <br />aims+y sad the rase at ~y ~e+tdsr abatdt gncla~ al} g~eds,ru, <br />~, ~-=-# -u" -A:~.~r„`,. ~ - ~ ~ .„:° Lire ehisRatisrts serer=zt} }se:ra6te rha4i :tt ~s :• ts-~re ttrx~r€af2r-. ~ =tw<l+i <br />err her a x+aitvr xrt--e. ttrs~a lnerert ar u[ tere r• =fr sorurs,i {rYrrby, <br />~. 1ne,siYnpllwaer.wltltseMyN;+nflll.ltd} uithe4{u}eaand t{r#tuEatistxut ut the '1tua9l tiwraoasu r4dnsini:atrrte:r~r (13 <br />~.F.,r"--v rs~vai,l~s} j.. ie+f! is to l~ ,rttrftsa.[ acrd xntorccd iaf ac.~•or.~3tt= wiE6 appt~~~ 4'rl~~t ~,~.- <br />l0:_ --jartli,¢ial'-rlt~r rrrua-zr,f of jo~wt Frebdrag a-ns prnvisior: <sw portion ref shvs -0nstrnrncui inva}Br} nr un• <br />s~Por-it~#}idv. fir}t ttrnt it¢. auy wrv ira;rair or preclude a#;rs rr:#oxt-rw~nt of the remuning prmvraiorw ar perrtiesns of <br />## trsat~xM, <br />