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~~' €~fj~869 ::.
<br />taj chat Sn tba fve13L the Mortgagors fail 'o pgy when !Uie sayx*_e3, liens, 'ud>sleents, c-r sssessmsrts, or fall to
<br />saiatain Snsuraaee as herelnDetnre pMVidad, ur Tail +a pay rents, face, or charges under the Leans of aoy ieeae,
<br />pent, lieenae, cr pri YS lagB: or M6:'t(gsgea is required to incur exfenses Cur abstract faes, attatttey fees, costs,
<br />cw^ lyra~.o~er~chargas d th- eou33tawi~ 11Lt~tion. Mortgagee ~ nlai€e such peyseRt or yravfda su€g3 .r~;.:•asca,
<br />mt# ppeblB liwe#Sate aAd sAe13 near lRt teat f~~f,~R ~dete ~~ s Bart of the lndeRCedness lecurad R< ear C1/e
<br />ly, peyyvterst at r~3e same rate as provided for de7'anlt
<br />Su Uia alote. _
<br />(Sj Tbat 3n `~Sie went arty awards era made to Lna Mortga>t"Srs or the tr successors to Interest fur taking or damegistg
<br />bt t68 slterCisa of eainent damaln file tttuils or say part of the mortgaged pr?mfses or soy easement therein, the sa1C
<br />awards era lteretq aaslgned to LhE MOTtgagee; [DB Mortgagee Ss RareDy authorizeC 4u collect, retelve, ad# reCeillt
<br />t~'leratnr sad to st^piy cha same in pt{yment uS 8[ky 1ndeDtedness, matured or uNnetured, serureC Dy this mortgage.
<br />(9i TRat in the rani Mortgsgots Cefault in the payment of said prinrtpai stmt, or of any iDStallment tRereot, or
<br />'of ash Interest tDer'sm, at ti5e tlt~ when the sane shah be due, cr wS tR respect to an_v covaamc or ecndt Ciao hare-
<br />s(,GA~, at tRe o}:tlbn o£ Mortgagee, tRe entire indebtedness secured hereby snail foritMitR Dacome due and p~3reble,
<br />st-:a71 bees` Interest 8t ffie defsttkt rata deacrlbed in said note, sad the Mortgagee rr.,y iacredlately foreclose this
<br />tFmEgs~e ar pursur. altf otlmr availaDie legal remecy.
<br />t^} That In tRe went acLlCn !3 6rougat ca faracinse tRis mortgage, the Mortgagee shall ce sn Litled tD taalediate
<br />p;>trsesalan of the ak1(•tgagad premises, arA the cctrrt may appdint a receiver to take pussesslon of Bald premises, witR
<br />the vaual powers cf receivers la like cases.
<br />' ;st} PRSt faSlnre oT delay of Mortgagee tc azsr~!::e tiny of its r73hLS ;: pr;vtlegas shall not be Construed as a
<br />rGaiver thereat; ttfat any a^,t of tY~rtgagee waiYinq nary spec! ilc default of Mot*_gagors shall noL be construed es a
<br />weiYer pf ~ future defaults; that In c8se of ^.a7'8a4t in the Da1'meRt at ary amort iZatien festal immts Or interest,
<br />nr~ iss ease of ptgmaRt Dy MnrtgacXee of esiy 11en. 3udgmenL, tax, insurance, cost Cr axpan8e, ar rents, faes or r,Rargas,
<br />mLd 7'SOrtaegae 9haii Rave the Privi legs, without declar!ng the wROle indebtedness Sue :nd P~vaDie, to foreclose an
<br />asCflUnt of. seen s1;selflc CeraulL to such ausvs ss are in default v.d anon fbreclcsure pr~sediags may Ue Dad and
<br />tt.e lan4 desC2'iDee harem may De soi C, suDl act to iRa unpaid 3rdeUtsdaess hereby s,ectu'ed, aaC LhSs mortgage shall
<br />ooatiatsa o& a lien for an'r ~spald Galanaa.
<br />S`3} That tiM Mnr'gagee may eRtend at:il deer LDR maLUr 3.ty ct 'tad *'eaew =.nd reaIDar'tize said ladebtednesa, rekea98
<br />rise .Sab4f ity any p8rty liable :h-=.^eon, ~t;i rs.laase (rcm r.;ee 1!er. Rerecf part tons oT ~`e yroperiy rovered hereby,
<br />af'thbat. aff8cittne the P.rtort iy DergOf c the ilaDil±ty of M.ortgagrir ~^r any n yet ,;,-rp •Jr tRa PflymeIDt of said
<br />indaDtednesa, all suCR ezl:ens3cns, ..^.efsmert<. :•soewais, 'and rsamorc SZat Stns •.r r-e :eclre^_ nereDy.
<br />}:4'r '""aSCaSBr of ~~ur1 Gy . it. 13 agreed between the par*.1~as ;:aret^ Che1r `x1rs. legal raPreBentat±ves and ssLgns,
<br />t',l~et tna Intagrl*.Y and rasPDnsID111 ty ~.~* the !Sartlia3rrs =-cnstttutes -i, ;;art Cf Lae ^onsl Ceratlen tar t.te note sectced
<br />bereDq, a¢d, 'that '.a the avant the r~-eps¢ars s~nsii Bali, I.rBns Tar, or ~~ervey the ;.ropetty CescrSDed herein, the
<br />M(:rtgagea may at Its apticn declare tRe exit Srs ladsote.iltess Smmsdi ately ^ve and *+aYeUle ~ueC ?aY Proceed in the en-
<br />ft.rcem3eaL of Srs rights ss ;rn nay ether de'au It 1.^. the terms cf '.-_ ::uce and morlrage.
<br />IwOr;".~S 1rAl fi~T619• b •a4T!, t+~i+LtT+Q 'hn "c li+sOLl6Edgsf .;t F.-¢) `~h6[ .<` '.^_ .~... _„ .~ ::,1ss11i O~ {1 ('tr6(
<br />brS aced 35 sG5:4~Ywe, ;Fa LRine. <'X ~18ut~`r ~/¢TG,PT. "3CCM s~ i' -he .. f' ~[.
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<br />3t+t-, peraei>al ly ~.ppe3re*._ Rex A. Spiehs {a.lso known afl flex Sp iehe) and Rhonda L. Spiehs
<br />(also kmovtt ae Rhoads Spiehe), huetband and wife,
<br />!€ me 1Ct1GwD Lf:: De ". :k 6r•s'?Gac iMi,,. .:~ d.a~ n.. ~. ,Y~,.t ^;r ,-, :::. ~. ;:~.. ., -. 3P.pR~ 3x,.-~ '. •19t .y rc-], "p,
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