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<br />(8) 'f2fat ir, the event any ewards are made tv the Mortgagors or their sucCessars to interesC for taking ar dsmagir.Bg
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<br />aw~ds ors hereby assi ed to •hx 1ortgagee; the Mortgagee is hereby aurhorizxd to collect, receive, and recsiDt
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<br />x same in payment of any 1ndaDtedness, matured or unmatured, secured by this mortgage.
<br />tDerefor and to apply L
<br />(4~ Thetin Cris avant twrtgsgars default in the payment of said principal sum, or at any installment thereof-; or
<br />of any: interest cherevn, ac the time Mien th*_ see shall be due, Or with respect to atyy Covenant br contl:tidn-hare-
<br />oF, then, at the option of l9ortgg4go-s, the entire Sndebtedness secured hereby mall forthwith became dux sad-pxyaDla,
<br />shall bear interest at tlia dpfaulL rata described in said note, and the MDI`tgagee may immediately foreclose this .~
<br />mortgage or pursue amr other avaflabla legal remedy. . . ~i
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<br />{$~ `That in the evCTlt action SS brought to foreclose-this mortgage, the Mortgages shall be entitled to itmaed3ate ;~
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<br />gossessiosr o1 the mortgaged premises, andtiie Court may appoint a recelv9r to take passassion of said;premises.__tirltD ~k __
<br />tDe usual powers of receivers in line cases. - - - -~--
<br />j8)- S4iat failure ar delay of Mortgagee to exercise any of !ts rights or privileges shall hot be conBtrued
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<br />waiver thxretsf; Lhat any set of Mor*~gagee waiaiag at{y specitic`iietavit of Mortgagors shall nod be ebnxtrued a9 a _
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<br />walvBa of arty tntnre dxfaults: that Sn case of default in the payment of any amortization SnsCaliments_ar ;ntxrBBL,..
<br />br in ease of aayymm L by Mortgagee of ass,{ li~n,,itidgc~nt-, tax,insuranCx,cost as expense,-nr rents,-fees or-ahargea,
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<br />aecvunt of such spacifia default for such sums as are in default and such foreclosure prpceeding8-may be haul end
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<br />the laced described ]fxreln may De sold, suDJect to Lhe unpaid Sndebtedness hereby secured, an4 tbls mortgage shall
<br />cantfnue as a lien tar any unpaid ba,ance. - -~(-..
<br />((iCi} Shat the Mortgages may extend anQ deter the maturl ty oI ettd renew and reamorti-ze said indebtediixsx, release
<br />troae I1ab111LY 4skY Darty liable thsraor., and release ..*rvm the lien herevi Gartions of.tihe-'proparty~-cDVered hereby, ~-.
<br />without affecting the prIarity hereof yr *_he liability of Mortgagors ar cry other pat`Ly Snr-the gijya8at.af sold
<br />indevtedness, all such extensions, deferments, renewals, and reamartSZations to De secured hereby.'
<br />(1;1 Sranster at &ecurS ty. it Is agreed oetween the parties hereto, their heirs, legal-representatives. and assigns, i'
<br />fleet the integrity an6 rsspansiDllity of the rxrtgagars canatltutes a ;k.rt of the consideration for the notx secure4 I'
<br />hereby, end LDat in the event the Mortgagors shall soli, transrer, or aorvey the property described herein, the I_}
<br />mortgagee stay at Its vptian declare the en*_ire lndentednesa Smmedlateiy due and payable and may proceed !n the 8fi-
<br />forcxm.Rnt of Its rights as vn asiy other default in the terms of the acre and mortgage.
<br />{22} Assi.gnmsnt of Proceeds of Mlaerai Lease. Mortgagors hereby r_ransfsr, set over, and convey ta.Martgagae all
<br />rants, rayaltlss, Dcnuses, and daisy mor,±ys that ^say ,tMm time .o r1~e be^ome due and payable under any vii. Bas,
<br />yr other sslnsral loose of any kind new existing cr that map hereafter c--ome into Cxistence, covering the apove land
<br />ar any part thereof-. kll soon st~s.sa received ay Mortgagee snail be applied to the-indebtedness secured hxreDY: or
<br />said Mortgagee ashy at Its option turf; aver and deli~sr to the t!a;t3agors or :heir suecsssvrs In interest, aqv ar ail
<br />at suC*i ~~ss withvut Dre;udice to any of Martgagee~.= rights c~ take and retain future susas, anfl without pre,}udice ?i
<br />tp say of Sta otDe:- rights under Lr,SS mvrtgaze. Tne trai:sfer ~;d -~anreyance nereurder to-Mortgagee of said rents, -~~
<br />royaltizs, b`aznsES, and delay moneys snail t;e constneed !'.' Ce ,i rr^visi%^n '_,r the payment ar redaction of the enort-
<br />gaga debt, s:sDlec+.; to the Martgagee~s Cptlcn as hereinbefere ,^rv?3e.d, Independent ^f the mortgage lisp on said real ~_~
<br />estate. Upon payment ~n 'n1I. of the mor*_gage dent sad trs r--lease ~^f Lhls mortgage of record, this conveyance shall
<br />beCaar¢ Inoperative and of no further farce and sifect. -_-_--- --.. - -. - -.-
<br />(Yams aa3 9Arases he+ein, inc:wtzrs~ *;.v aekn~:ielgaeent he -a:~ a . .= ns* sa' rss in th~jsingu,Y6t~•ar 4turat
<br />mw,h8rs oz~ u sa <~u~sase, fowl.^.sr~e. e- .¢+s+_<~ fe ~~r .: or -.^ h, .er,=_ x ~ -t t j/,f
<br />s ij r ~ i
<br />Roger H Sullivan i
<br />8erniece E, Sullivan ~
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<br />sfAr~ Gs „ ~ic.~~s.aE
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<br />LDiS .ail , tday of ,~aa..,~t~' A..... .~-~.. ... ~ :. ..... _....r-y :^.iC_.. ... ,.... ,. ~f I:1 County aFrd -
<br />1
<br />5*astx, Darstrnailr appeared Roger M- Sullivan a so.k~ ds Rogp~Sr*5tivanl a„d R rntPCP ~_.
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<br />Sullivan (also kacMan as Berniece Sullivan), husbapd and wife„ +
<br />cc se tcna~ t3bk' the perscxis naakC in ~sfsd 'r£7c3 sxe~.:€~ [... ..regslrg :_.._.,:~i~ne, andaCkl;Cwledged tnat t--hey executed
<br />t*~e, Ss~e as their vel.uetaf~y act :ru deed. ~ _
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