|
7. a;ontkmnattioa. In fhe event rite Property, or any part thereat, shad be taken by eminent domain, the Mortptpee
<br />is empowarsr! to collect and receive all eompertastioa which maY be paid far any Property taken oe Car datntt{es to property
<br />mst taken, and M+m't>Q ahaH apply srieh Compensation, at its option, Tither W a reduction o[the indebtedness tKertred
<br />hernby or tar repair and restore the property so datreaged.
<br />$. Pa~Pormmaa by • ~ maq; beat shall have ao abllgatioa, w do arty act which the. Mart~or
<br />bas agreed brat Caih.to do, sad tdttr3~gee Wray adeo do any act it deems necessary to protect fire lien hereof. Maxtor .
<br />a~rCes to repay, upon damutd, atey st€ms so expended-by the A{art~yee Cor ttte above parpaaus, aaM arty same ad expendei
<br />by tree Mo~See shat! be added to the anrk6tednes seemed heeeby and becoiae attbject to the Clear hereof.
<br />shalt sot incur ~ pew liabitiig of anything ~ ~ do cr csdt tc dw here~.t~ar.
<br />9. [fefautt: Aesppatmstt o[ amts. 'time is of the essertex bereo[; aad apes Mortgagor's deibttit in eats covaaaa¢
<br />of aaeement of this Mortgage, incFudiaf covenants to pay when tine the sums seruted by this Mortgage, the Mast~e idtdl
<br />{~ eotdtkd, st its sole optictst sad without notices to declare ail sung setvr7trl by this Mortg>~e to be rely dru eyed - - - -
<br />payable sad Wray caattneace foreclosure of tht7 Mortgage h3' 1~~ Proceedings; and; Provided tnrthe% flat aP~ soh
<br />defattdi ttce Martpgee, or s receever appointed by a court. may at its option and without regard-to the adegBaeyr of tl~
<br />security; eater upon sad take pox of the Property sad c:sheet tree rents. issues and pro~ita therefrom and apply ttuxe
<br />first to the cast at CBtlectida and operation of the Property and :hen upon the indebtedness secured by Chia MortpgQee~
<br />sand rents, issues-and profits being assigned to the Mortgagee as further security for the payment of the i
<br />seeuted hereby.
<br />1$. Tamer o[ Property. df all or any part of the Feoperty is sold or transferred without the express 7reitma can-
<br />asset of the Mortgagee, Mortgagee may at its sdP ogtiisrt, declare alt sums secured by this Mortgage to be itamediately due .
<br />aasd payable.
<br />11. Future Advaacas. [lpon request of Mortgagor. Mortgagee may .make additional and fattaue atirances to
<br />Mortgagee. Such sdsances, with interest thereon, shad be secured by this Mortgage when evidenced by promissory aotaes
<br />stating-that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this
<br />~, not including sums adTartced to protect the security of this Mortgage, exceed tfie original idote.
<br />~. Mous Provi9ona.
<br />ja) Any Carebearance in exercising any right ar remedy shalt Woe be a waiver thereof.
<br />{bi Ali remedies provided herein are distinct and eumutative to any other right a[Corded by [aw or equity,
<br />and may be exercised ~ancurmntiy, indzpendenti; ar sueeessirelc.
<br />iel 't'he Covenants and agreements contained herein shalt band, and the rights inure to, the reapectivc
<br />aYCCe56rira and assigns at the Sortgagor and the Mortga¢ee-
<br />id} Ali covemats sad agrCCments of the hlortgagur an• pnnt and sreral.
<br />fel `the headings of .he paragraphs of this Mortgage err for cons-eaience only and shakk not be used to inter-
<br />pret of detiae the provisions hereof.
<br />13. RetwaB. L'poa payrne+ta of ail sums secured by this }tortgage. Slartgagee ahslt discharge this Mortgage and
<br />,.® e..a"`R-rod d liter a ~sf~t~° reie=~ therefor.
<br />iN 9PlTNSSS WItEREf}F, Mortgagor has executed this ?ctortKaee ort Ure° 2rY_l. dal of .._ Maretl , 14.$x.,..
<br />~ ,/
<br />Mitxlaa~l F: Rasc2lko --- - --___. _.._._ ao~,~- °-
<br />~.
<br />F~iEY175~ ~ R"d$L~CQ - ,__ Borrower
<br />'. of itieiis. -----.'~'-_..__._.. __..-_ .._ __ ._.. . _ t:c,unsy :~:
<br />t?n t@is ~.~_T_ day ur.. -_.----__ _., 15 $1_, before me. [he undersigned, a Notary Public
<br />ekdY Comntid sad ouaii[ied Cor said county. personally name .____M?C~ _F, _~`_ ~~ R•
<br />Rt1to FI>~artd dnd V7if~ _..__..-_-___-_-_- _-----_ __--_--.------_._._______-, to me known to be the
<br />identical personla) whose namelsl err subscriber! to the faxegning instrument and acknowledged the execution thereof
<br />- - tdt ~. ha n aryl t'rerr toiantilry act and died.
<br />Witness my hand and reW.ariai seat at .. _ ...___ ~__.~~_--_ -...--- _---_.._. in said crwnty, the
<br />d~teator~d, 1/`~ ~
<br />i~l.ammtuioaexpir7x: J ~ - % ~ °h',~ e-_ c~~.a'.s;~./// 1~ ' r~y~%~'~'~~T
<br />-Sr`e ~~ap.atM.edaeaww 'r~/'€°"`L' ' ti-Darr wnrrc
<br />_ ~$~ i4A~i3f_lf~a
<br />iAlnr-aaa>w~r2. ti18i
<br />. . t49+ece error- 17tH i.[+.c arH»..a F%x~r treetbrr and areurCn) -_..~ __--___..__._._,.'.___
<br />rr~g
<br />~. ~~
<br />eat t'n'.
<br />- sat - - ? K
<br />f si s a .~ ~
<br />~_ . E1J ,T
<br />~' ~ :~
<br />~Kt,. fr r~+r? ~
<br />.~
<br />-~ sn
<br />s
<br />t, ,
<br />~`r
<br />r \~\
<br />z-
<br />s~RS
<br />"'$$$
<br />
|