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<br />3. The Itxrrigagor ectrenants and a~ees Ybai if he ahail fail to pay said inde~ednea or any part thezeof when
<br />dne. or shall fail to perfarm any ecsvrnant or aFteettteai of th» iaatrummt or the promissory note secured hereby, the-'
<br />indebtedness hereby secured shall imtnediatrlr become due, payable, aqd collee-iblg without trotiee, ai the
<br />a~rtian of the mortgagee or aesigoay regardless of maturity, and the mot?tRager or his asaigm stay before or after entry
<br />sell: said property without appraiaement lthr mortgagor having waived and aasigncd to the Inortgage¢ all ri15htn o[
<br />spptairemcnt) : ~ :' 1-,
<br />s t i at judicial sale pursuant to the provisions of ~ IL~.C. ~tqt ? a) : or ~ 1 +
<br />(u) at the option of the mortgagee, efthar by atit:tion or by solicitation of «eakd bids,~for the hi fiheat asd
<br />hart bid etasrtpiyittg with the terms of oak and mottoes of payment specified in the published ttoti« of yak, first
<br />hiving four weeks' native of the lime, terms, and place of such wk, by advertisement not less thtm on«
<br />during each of said tour weeks in a newspaper publithed or distributed in the county in which said property
<br />is aittutsd, sil other tsotice Ixiag hereby waived by the to©rt6agac (and said moetgaaae,-a any psrstao oa
<br />6e6au of said taaarigagee, may bid with the unpaid indebtedntes eridettad by said note). Said sak rhail be
<br />held at or on the property to Ix aald or at the Federal, county, or city rnutthouec for the county in which the
<br />property is hinted. The mortg:gee is hereby sathorizrd to r:crate for end on behalf of the moret~sgor and to
<br />deliver to the puxhaser at such oak a sufficient conveyanu of said praperty, which rooreyaore ehaA eantaia
<br />tat3taL r to the happening of the default ups which the caseation of the power of sak herein granted
<br />depmsds; sad the said mortgagee hereby coaatitusra and apparia[s the ttsstlgagce or nay agent or atiozaey of the
<br />mortgagee, the agent sad attorney is fact of said mortgagor to make stteh xcitala and to ezeente said
<br />tstmveysstc¢ atsd herab-y eovrasft~ta and agrees that !hC rrri~tA1a w made shall !we ef7eetaYl to bar aII ngaity or
<br />right ai redr,mption, honreatead., dower, and. all other exrmfat.iotns of the mortgagor, aEl of which are hereby
<br />expreaslq waived and conveyed to the naortt;ager.: ur
<br />1 tot! take arty other appropriate action purenant to ,Mater or Federal saatntr either in stele or Federal
<br />cttttrt or athvrwisc for the dispnasition of the propcrtv.
<br />in the event of a sale m hereinahovr prorided, the mortgator or anv person in possesrion under the mortgagor shall
<br />then become and be tenants holding over and shall forthwith deliver possenrsion m the purchaser at such sate or be
<br />wmmsrily dispauessed, in aeeenlasrr with the provisions of law applicable to tenants holding over. The power
<br />and agency hereby Framed ere coupled with an interest and arc irrevorabk by death ar aaherwise. and are granted
<br />u cumulative !o the remedies fcr collection of said indrhtrdnr7a proridrd by law.
<br />4. 'I4le praesx~da of arty sahR of said property is secordaace with the pseortdietg paragraphs shall !+e appfiss3 first
<br />ttr pay the recta sad rs f>ssam of acid +aiey tits rzpeadtea istcnrrrd by the msxctgagrr for the purpose of pratrrtiag or maio~
<br />trininp said praprrtp, :nd ressonahlr attarnrys' teen: srrundly, to pap the irrdrbtrtfueas secured hexbr: and thirtiiw,
<br />to par sae.. errrfelus as es«as as ales ascents or errrs•-- legally autitlrri tha.etre_
<br />S, i,. ~ .v~,r~ ~;,t rs.,a.~ T -~+l at s~Ecia! fo ~ ~"r;. sale :s -.~:.at t.. ;ha peR~ ~.,; wk
<br />granted, and the peargeada ateTnol stt~sirrtt to t+at the total ixdebtedrreas ercuretf ire this iustrumrds! acrd evidenced by
<br />said ptwniasury note, the morigagee will 6e entitled to s defineney }udgmrot for the amount of Ilre @eJrrismrcY trrerfsostt
<br />ngerd to optrsp sassasrert.
<br />6. in the evrm the mortgagnr taih to pav any Fcdrral, state, or local ux amaresntrnt, income tau ar other tax lien,
<br />ehsrgr, fcr, or other exprrae charged ag~trret the praprrty, lhr mr>rtgagre is he rebv authunard at his „terrors ut par
<br />rite Lama Any sums w paid by the mortga(ee .hall be added to and ktrcattte a part of the primapal amount of the
<br />indrbtedaesa evia$enecvl by said cote- subject to the same irrnra :and .~un.litiotta. If the mortgagor shall par and
<br />darltargr the indrbtrdttrss cri+lrnrrd by said promissory note, and shall pa} such suns aanl rJtall discharge all taxes
<br />ate fleets and the recta, frees, and exneeua.s of ts,akCing, rufr_.rriug, sad earn-uting ahia n•ort;,wgs, rl:xn thm t:.ortgaRc
<br />ekal!! Ire eatterlyd end surrradrrrrl.
<br />7, The rorenanV hrasin eontatned shall hind and the lrrrtefits and adrantagtvt shalt mare to the rraperetty? sur-
<br />asarors out ardgsr d the partwr bnseta gl+ar-eree usett, tba tirgular nutatber aba11 itschtde the plural, tlsa phusl tba
<br />tir*oLr, tad the less of soy gatadrr sbdl iatehde all getedars.
<br />S, i4o waf+rer of any rovrautut herein or of the o61i~. at:_,~ .~-.~ hc...r...a.alE at an- •i.^.:x :hrrraftsr a- held
<br />~ Ire s waver od the tcrma herr.of or of tFte cote serurrtl herehr.
<br />9. In tsompllaare with esKtioa lfll.l i d) of the [iulre and Regulatiotu of the Sma11 Business Administration (I!
<br />C.P.A. IUi.I(d3 j, tbss ittteratmartt u tw ba coostrtsed and enforced in arrordrarn with agglirablr k'edcraE 1^w,
<br />l4. A jadiriaf daxr~, order, er judnmeat hohiing any praviainn or portion of thu in.trament invalid ur un-
<br />eaiort+tablr ahail esoi in anv wsy impair or prrrfude the rnEurrrrnrnt of the rrenatnxttg pravtar,tru ar purtioaa of
<br />ibjr ~f.
<br />~r~ti ,. ..
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