<br />`=~`
<br />8i~3~D4~~
<br />(ktt That in ilia event the nbrtgagors tail to pgy r!trert due arty taxes, liens, audenents, or assessments, or fail-t6
<br />eiafptafn knsnranee as herelnDefare provided, or fail to pay rents, fees, or charges under the terms of arty lease,
<br />- Deslaft,-1fs/eltse;-or p€iviiege; o€ nortgageeis retgtlred-. to incur expenses for abstract fees, attorney fees, costs;
<br />ezpetrsbd, Sedather allarges SIi cannectiob with litfgatian; Hprtgagae may make such payment orprdvlde such 3nsuraiiDe;
<br />otz fnAtT obli~rtfrki, apd t3te aepietts paid therefor shai3-begone a part of -the indeDta4ness secured tier~ty--dtie
<br />-pair3bl9 fe~ediately, Bad shall bear' ]ntereet from: Che date a2 -gavmerit at the- same rate as_ praY]Qe4- fot`-ridfault---
<br />ir] the- ate, - , .. _ - - - - _ - _.
<br />{gj That In thin event arty awards era mHde to the t~x'tgegors--or their successors Sn interest for-taking ar damaging-
<br />Dy the exef~ise of emtnent dowein the wrote or arlY pa7`t 0f the mortgaged premises or aqy easeix[1G Chei'e112, the Said
<br />area pre hereby_ assigned to the pbrtgagee; the Hcrtgagee ]s hereby authorized to coil act, receive, aCi4_rBOBigt-
<br />ttle€efrrr and to ~lY-the same fn pgyBkent o2 any-IhdeDtedn9ss; r~iaturan or unmatured, secured by-this mortgage.
<br />{~)- That lr. LDe evert ~tirtgagors Cefault in the payment of-said prinei~sl. s!an, or of arty ]cistellment-ttiereaf, or'
<br />-ai aqy interest thereari, a6 the time witch the same shall be due, or with respect to arlY covengnt or condition. here-~
<br />bf,-then, at tDe apLian of mortgagee, LDe entire indebtedness secured hereby shall forthwith become--due-and-:payable-.-
<br />~ra21 bear interest at the default rate described in said note, and the Mortgagee may immedlatelp_foraci©s@ tiii8'
<br />martgageor pursue any otDer available legal remedy. - -
<br />!7} That Sa-tile event action is Draught to toreclasa this mortgage; the Mongegea shall be-ent_itled--to-Smmediate--
<br />possassian-o1 *=?s~-*_v±rtgagad ;eremises, and the court may appafnC a receiver to-*.ake gassassianof said pramisas;w_ith--
<br />CDe usual-powers of rece]vers !n Iike cases. ~ - _-- - -_
<br />-(S)---ihaU fa]I-,lre-ar delay Df n~sr-tgagae to exercise say of !.ts rigr.US cr privileges shall not be consti wed:as---a
<br />waiver thereof; that aqy acC of MDrtgagee waiting arty specillc default of Mortgagors shall not 'be construed.-as~a
<br />waiver a1 any future flefaults; that in case d2 GBfault In the payment of say amortization lnstailmehts orinterest;:
<br />or fn case b3 payment by .:ortgagea of arty lien, .lodgment, Lax, insurance, cast or expense, or. rents-, Saes or_chargea;_
<br />said ndrt6agee sha1Z Nava the privilege, without daciarlrg Lhe whole indebtedness due aild payable-,- to foreclose-on
<br />ahcount of such specific default Far such sums ?sure Sn d2 Lauit and such Sareclosure proceedings may be :had-and-
<br />the Land describeG. harem may br: sold, subJect *.o the unpaid SudeDtedness hereby secured, and: this mortgage shall-. -
<br />cont]ttue as a liar. For stty urtpalfl Dalanee.
<br />r9) That the ttDrtgagee may axtenC anC defer the maturity uF and renew and reamDrt]ze sal d. indebtedness, reTease-
<br />~rrxe lisDility arty party liable thereon. anC release From the lien hereof portions of the progeny covered hereby;
<br />wiC.hout ailarting the prlcr2ty rkeraof 6r Lhe iiapillty Cf MorUgagara nr say o*.her party for the payment of-said
<br />Slldebtedaess, al.l such eztenslons, date^ents, renewals, and resmartfzat ions to be secured hereby. - -
<br />(ioi Transfer a2 Security. ;; Ss agreed between the parties here *.c, their ;teirs, legal representatives end-assigtts,
<br />that the integrity anti raspons]Dility of the Mortgagors constitutes a dart of the consideration far the note secured
<br />hereby. and that in the event the. Mortgagors shall sell, transfer, ~r convey the property described .herein, the.
<br />tt~tgagee eA~y st its optlcn declare Che ant ire indebtedness immediately due and payable and may proeeedin the-en-
<br />tort'-errant of 1*_s rights ss on arty ether default Sn the terms of the note and mortgage.
<br />(Y < ,srtd phreses herein, :r+c~fudirsp she ac brawledpsent hR.••0~ shai2 6e cors':.aed os tin the sirspular or ~lurai
<br />rs nrld ~s stssst'ssline, ,essnirw., d- Haut<r aerkdo~r", ;.sEfrd:ng ;c tkx c »:tezi.;
<br />i
<br />,;:EAL} ~~ ~- - {SEAL}-
<br />3E'71I1~ I,. ~`~~ et
<br />(;u.AL} ~~.~a~!~. _` -"r ~~~~~~'~- {SEAL}
<br />:.ifida ,~. kziriget
<br />,ucKL; (SEAL}
<br />;SEAL; (;~EAL}
<br />STATP CF ~~.%2"L3S~CB - .
<br />i ~ fI JJ ~.
<br />ColBiTY50f'~ a.-",{,.~~iLi -i.-t- ,,.i.. _~ ~ ~, ;;e, - .cLa
<br />i j i'~bli ~' in `L=3u°4r 3fiid Coln ty and
<br />state, par=orally sppeRreei "errti~-'. ~^linget and ~ir~ ~. 'vling~t, hlls'.~alid at><1 wife,
<br />tc, me krloern to Da the ,~rsc.-,s seemed _:, grid ah~a ex>_c utee ' br 'ore,3o]r.M- i.,strument, and a,=knawledged that they executed
<br />the Same as their volunta^y sCL cad Ceae:. r f'
<br />~- r' ~ <
<br />~~~illhrl~IA~ ~~ r ~ ~ /,-
<br />ifv ctz<aralssion expi*_ws-_-1~~j `--.,-~ //.t~~L,t .r.%1 ~-l~C~~
<br />MFti1n~.~~l~ ~~~~ r^ti -~~ '
<br />fPf pr it*i name rifer sr~Ul.4/~'
<br />t±atary AxD}!c `_n ;vnC Sor said ~'onntY and State
<br />
<br />
<br /> ,- z
<br />ri ~ ~ ~ i - - ~ y ~ ~ ~ s
<br />'~
<br />~ - i ~ t " ~ s
<br />,
<br />~I i ~' 1 ~ ~ ~ ~ -~
<br />~ x " w
<br />
<br />
<br />~ ~
<br />i ~
<br />
<br />I _
<br />k
<br />
<br />~
<br />- ~
<br />~ ~ a a
<br />E
<br />Fr
<br />~
<br />~ ~ '' ~
<br />~ jIttt
<br />-,..
<br />~ t
<br /> ~_ -4a
<br />1 Q
<br />Y' w, 3 F
<br />u ! ~
<br />
<br />
<br />
<br /> ~ " I ~
<br />. w ~ i 3 ~ y
<br />j r -
<br />5 r _ ~ ~ t W
<br />< ~
<br />i (
<br />~, ~
<br />
<br />-
<br />- _-
<br />. -. -.. ,
<br />-
<br />- -- -.- ~
<br />- _
<br />- ~ ~
<br />` h vx._
<br />'++..wr:.wank. "
<br />
|