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<br />'6) that !n the aveni any awards era erode to the Mortgagors nr tttB2r sucressnrs in lncerest for taking ar demaging
<br />ay the dxsrdiaa cf eainebL 4oasla the whole ar epy part or the mox'tgeged pralises or
<br />aqy ensemBnt therein, the said
<br />awards ~e hereby esslgnB4 to the 7lortga(xee; tAe lartgagse is hereby suthar2zed to co2isct, receive, and redeipt
<br />f( thef'etar eMl L6 apply ChB SpB 1n payaBSL of any kndebtedAesa, maCUrad 6I' imtatWed, 3@Cin'ed by this mortgage. ~ °`
<br />{71 Tnat fn the event M63'tga$Ora dMBUIC in tAe paymeht of Sa2sY prlacSpal saw, nr of eny installment thereof, ar j
<br />F ;
<br />'of 9a3 interest LAereaa. aL tAe Liae stteri the sap shall be duo, or wi to respect to spy cove/iant or caaditfon Aare-- yy
<br />nf, then. aL LAB agt30n of 1»r d, the afitire lttdebtedltesa ssefued AereEyp eAall forthxlLA heaame dUPt end ppgatlle, ~ Y'
<br />chalk War lntersat at qle d itllL rate 6ea¢r2bed Sa sa16 cote. sad rile flartgagee a41' Leapdiately foreclose thfa ;. g,
<br />r >s[ti'tgi~b or iKlrsne ~ other avsl'leAle 29yt1 repay.
<br />f
<br />~ (hl ?hat is the event ectfon is drought to farenlox this laartgege, LAS t~rtgegee shall be entFtied to immediate j i~_
<br />r' passesaian OS Che wartgaged premises. sad Ghe ralrt aqy eppaint a reaaiver LO taYe possession-of said IIrdmisea, xt th + '~
<br />cAe usosi powers of receivers Sn lSke beBea. (_j
<br />! ~;
<br />{p That tallure ar dale of Mort a t0 eserc lea
<br />y gage say of Sca *ighta dr pr Sv3ieges sflali nbL be construed as a '~fi'
<br />: w.sSvar £hereof: Gnat say set of Martgaaee waiving aqy apeslflc default of Mortgagors shall not be construed es a
<br />xaivar of Btty tutnd ddtaalts• that Sa case a* default in the 7SeYwBnt of aby emorCfantion fnaLaliments or interest, 1 y.
<br />dr is case at payaant by llortgagae of arty l2en. 1ddAt3ent, Cas, laaliranee, cast or elcpensa, or rants, feBS ar charges,
<br />aal6 ~rtg~ee shall Ssave Che plIv2icgB, xlthout dxlarLna the nf~lc indentedness due-and payable, to foreeLoae on
<br />ae¢atAit of aueA spsaffic dBfault for such erase as era in Qe fault and such foreclosure praoeedings mqy aB had and ~'
<br />t:ts load descrlbad Aereiq may Da said, subject to tite einpaid 1ntleDtedneas hereby setRired, and tats mortgage Mali 3 ;,
<br />contialte as s Tian for any unpaid balance.
<br />tibl That t!!e rrcvcga~ee aaEy extend and :leter CAe maturity of and rehex and reemrtiae said SndBbtedness, reieeae ~ i-
<br />`- Prda iisflllity any party llabLe thei'ean, and release trtw the Ilan hereof portions of the prdpBf'Ly eavBiYd itdrFby, { ~;
<br />x3 thotit attaetinr'. fJie priar2ty hereof or the lSability of M~tgagars nr say other party for the peypnt at sold
<br />L:xtetstedttesa, all such BXtenetona, deferments, ranewnis, and reambrtlaaClnns to be seots'dd hereby. (
<br />{11; 17misfer of :;a¢uTity, It !a agreed betxaen 4AB parties hereto, their heirs, legal rapresanLaGives and assigns, ~ '~
<br />rust tits Sntagrit.: and iwsponslb137 ty of the Mortgagors cohstltu tea a pert at the +•onslderatlan for the note se¢nred
<br />hereby, and Ghat in tAe event the Mor tgsgors shalll 8811, trans tar, ar ronvay the property descriaBd herein, Lhe t
<br />fYlttga;ee. m4Y at :ts optlan 9Be lace the entire lndebtedn.ees leaiedlate 1y due and payable and may proceed !a the &3-
<br />frrrreasnt of its iBAta as on at6' other dataulL in the terms of the note end mortgage. ~ -
<br />.5. Aaaig~t tt S~rs:.eBds at 41ndral ,ease. MCtgagtYf's ha7'aAy traasfar, sac -vzr-. and Canvey to ag all !
<br />r~73is, rayslLSas, barnses, and delay moneys that may tYOm time to tIm¢ became dud and payable under a~aytollas
<br />a^ rtAer 9indra, :ease of B4Y Kind new dr25tfng dr ~wnat may Aereatter coma into Bzistence, oavsring the above Fend t
<br />ar a.tly^ park tharer:f. .411 sQan aup.ao receives by Mortgages s>mtl Aa applied tc thB Iaddb Cedneas .saeluad hereby m
<br />srld %Ln'"?gAgieo ~• ar. its nptfan turn owr and deliver Lo Glee Mlartgagors ar their suacsnsars' ih intBrBSt, ati,[td' a21 '~
<br />a ~ss-,h atWa x.tr. mG prel;sd2 ca t3 ~ ,f MartaSagse •s rigil'ts t .axe and retstn future :lams. and sltnouc Graludire
<br />t... ~pny'ryf Sts at3v~r ghts !).tldar tGis mortgage. '1736 transfer and ;nnveyaace rereunder r~ Mortgagee of said rants.
<br />8+.~ya:t t;'.Ils, banliae:~, and .7d2ay mrn;sya shad be ranatruad L.^. be. x pr~nvis'Sun t;m the pn'vman `. nor redu,:?!on of LM anrt-
<br />gr:,pp° dailt, sub, eat co :he Mortgagor.+a aptlan !O: Aerelabetore provlddd, Sndepdnrlenc ~~. the mortgage iten on said real
<br />' esGare~. Etp~ pa3yal~nt 'n `uli~. ^.' •lle mlrtgfcge debt and the C'aiease of this mortBsege of r*_•cord, th!^ camveyance shall
<br />C„E!nas q',noparat3vv and at nm fur+~ter force and effect.
<br />i
<br />t/or3s and 9a+ases kere fn, inc ltd inB [he ac!Ynawledquat M+eo f', saali wn ~^onst*ved .:_ en rpe sinquia< ar piu+ai f '~
<br />+rsaere acrd as wa: ;lsl tine, !Hinint, ar +uuter 8andsr, accord iryf =b the .-alter'.; j
<br />Davis Ra 6 Farina, lac.,
<br />-- f_ i3EAir O tion 3 (SEALI ,
<br />ArfB52:~~1~ ac ~.! L J •_ t "~c,AL i ~_ ~-' t ' (~EA7. i
<br />Fraacea ?. Davis, Secretary John f.. Davis, President
<br />
<br />I ~-. ,
<br />Da 31A~dRy if _,.ya'.S.3rC.•,"..._._~...,_. A. P.., :9.Q-j.~.'!M!fa.~^+ foe. Nrlry 3•3bI :' ~.:1 al:d ftr ^Rfd ItH3nLy and
<br />grate, pariaAlellY eag~reC John C. Davis r.;* me t»rs::nal3y snnrel ', be the i :enttcal person
<br />t!~t axeKatad tAe fr"eeeSttq Snatrl>«mt, xhf acing 7b. ae du:y sworn did a4y that ;e is_prgpjdent
<br />of fold ¢orporatioa: tS:at ss! SnsL=~ranc wsa s~gnBd =~rp2 svaleal Se. oBtlai' .,, said ~uf°:-.uf^atlun. :nd acsn<ralddped
<br />Qal1 Saat!>!~/It to tM tlq tree and vnLuntnry act uld deed of a9td 'cN'p(u`e43nn ey ;C 'se31u3;early aKaE^lted.
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<br />st~twry wlall:~ in nrd t., sold ~ s,.n •_y 3n;7 .;Late
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