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<br />3. The mortgagor xovenante and agrees that if he shall fail to pay said indebtedness oe any part theroof when
<br />date, or shall fail to perform any covenant or agreement of this instrument or the promissory note secured hereby, the
<br />eatim indebtedness hereby secured shall immediately become due, payable, and colleMihle without notice, at the
<br />boa of the mortgagee or assigns, regardless of maturity, and the mortgagee or his assigns may before or after entry
<br />abll qid property without appeaisement (the mortgagor having waived and aeaiFned to the mortgagee. aii rights of
<br />appraisemeat i
<br />f t) at judicial sale pursuant to the provisions-o[ 2R US.C. 21101(a) ; of
<br />(nj at the option of the mortgagee, either by auction or by solieitadon of sealed bida•~or the highest s~
<br />brat bid complying with the terms of oak and maaaer of payment apera6ed in the published notices of sak, fact
<br />giving tour weeks' notice at the time, terms, and- place of such sale, by advertisement not Iese than once
<br />during lath of said four weeks in a newspaper published or distributed in the county in which aaid property
<br />is situated, ail other notice being hereby waived by the mortgagor (and said tnortgagac, or any pesos on
<br />bc;Salf of aaid tnertgagee, may bid with the unpaid indebtedness evidenced by aaid note). Said eak shall be
<br />held at ar on the property to be sold or at the FederaF, county, or city courthouse for the cauntp is which the
<br />property u located. The mortgagee ie hereby authorised to execute for and on behalf of the mortgagor and to
<br />deliver to then purchaser at such salt s su~xient conveyance of aaid property, which conveyance shall ennuis
<br />recitals u to the 6apperting of the default upon which the execution o[ the power of sak bents granted
<br />depends::ad the said mortgagor hereby rooatitulea and appoints the mortgagee or any agent or attotaey of the
<br />.~.~a,.-., t...° _b~..t ayd attor~y is tax. -[ Said maregagar tG rzs;;i 6uw, r6.:,ta's and Lu; e,:~Ce said
<br />coavtyatm aadr hereby e~orenatlL and agrees that the recitals.. w made shall be eSectnal w bar all egtaity or
<br />right of redemption, homestead. doweq and all other exemptions of the mortgagor, all of which art hereby
<br />expsemly'wafived sad eonweyed xo the motgageo: or
<br />(tt:ti iakeaay other appropriate action pursuant to state or Federal statute either in state or Federal
<br />court. ar atheewiae far rho disposition o[ rite property,
<br />In rho event o[ a sale se herrinabove provided, the mortgagor or any person in pnw~essian under the mortgagor shall
<br />then becatae aed be tenants holding over and shall forthwith deliver possemion to the purchaser at such sale or be
<br />sntmmarily dispoasesacd, in aecordartce with the provisions of law applicable to tenama holding over. The power
<br />toed agency hereby granted art coupled with an interest and are irrevocable by death or otherwise, and are granted
<br />ae cumulative to rho retnedits for mllectioa of said indebtedness provided 6y law.
<br />4. 'f'lee praeeeda of sap sale of said property in aernrdan« with the preceding pangnphs ebrll be applied tent
<br />to pay the carts sad upetteea of said sak. the eapersura incurred by the mortgagee for rho ptu~pttse of protesting or maia•
<br />tainiag said property, and reasonable attarneytr' free: serxtdly, to pup the itulebtedness aerated homby; and thirdly,
<br />to pay arty stuplue or extras to the peraoa or persons legally entitled thereto.
<br />5. la the cress .ud proitertr ie sold at a juditial fot~lornrt sate ar gursua»t to the power at sak he_~sisabave
<br />gssatad, seed the proeeer#a ate oat wti$tisat to pay tine total iadeblednr.+ts .scared by this iastrumeoi sad evideneed by
<br />aa~ `y rate the »~~ wilt 13e Aaietiud to a debcietusy judgateat far ihr. amanat of the, deptienrp witttostt
<br />~_ta Wis.
<br />6. lathe event the martgegor fails to pay any Federal, elate, or lurxl tea asarsstnent, income tax or other tax lien,
<br />charge, tee, or other expetme chrrged against the property, the mortgagee is heroby authorised at his option W pay
<br />the saute. Anv sums sit prod by the thongagee shall be added to and become a pare n[ the principal amount o[ the
<br />itsdebtedtteas evidenced by said note, subject to the same terms and eonditians, It the mortgagor shall pay and
<br />discharge the indrbledaess evirlenrrd by said promisaarY note, and shall pay such sums and shalt discharge aii taxes
<br />and tiem and the costa tees, and expenses ai making, enforeiaa, sad rxetuting this mortgage, then this mortgage
<br />sbaik lee caaeskd and surraadertA.
<br />7. Tho caveaaatat heroin eontaiaod shall bind and Ibe benefits and advantages shall inure to dto respective suc-
<br />eassprs aatl tasepa of the panic hereto. Wltmever +tssd« the sieguiar »utabtr ebrIl include the plural, the pitu«el rho
<br />si~ailar, and tits ruse of aey geadar sltatl iaehtde sit geadora
<br />•: IWo waiver of aey caveaast herein of wt iht ab1tgitimt secured hereby shall at say lime thereafter be held
<br />as Ise a waiver of the estop besot or a[ the solo stared hetebv.
<br />la with ssttiaa Illl.t fdl at the Reim and ftegulatioaa of the 4saa11 Buaiaess Adminigntioa [i9
<br />GI?.'Ig, l#T1.11d1), tlw iawuawet is m be toosReved and entareed in aemrdanoa with applicabk Fedenl law.
<br />lt! A `' - t_ «taseza .,~,.., .._ :..a.~__. L_Y~__
<br />-_ ;~.--~-~---^ 9- rav<tw~~ '«'6i°~lG asp Provision ar portion of this irattrutnettt i»valid ar ua•
<br />attfsraeeab3o shall itsrt ie say way«impair ar preslatla the m[oraesaent of the remainia
<br />g prarieimn ar pnrtiaiu e[
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