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<br />(8) That in the Avant any awards are made ro the Mor taagors or their supressors ;n Sntere^, t. fcr taking or damaging
<br />by the exercise of eminent domain the whole or any part of the mortgaged premises or any easement therein, the said
<br />awards are hereby assSg:red to the Mortgagee; the Mortgagee la hereby autheriaed to collect, receive, and receipt
<br />therefor and to apply the same in payment of any indebtedness, matured or unmatured, secured by Lhis mortgage.
<br />(?~ That in the event Mortgagors default in the payment of said principal sum, or of any installment thereof, cr
<br />of any interest thereon, at the time when the same shall be due, or with respect tc any ecvenant or condition here-
<br />of, then, a*. the option of Mortgagee, the entire indebtedness secured hereby shall forthwith become due anC payable,
<br />shall bear interest at the default rate descrShed ,n said note, and the Mortgagee may immediately foreclose this
<br />mortgage or pursue any other available legal remedy.
<br />(pi That in tho event action !s brouart ro ..*oreclcse this mortgage, the Mortgagee shall Ae entitled Lo immediate
<br />possession et the mortgaged premises, and the court may appoint a receiver Lo take possession of said premises, +rlth
<br />the usual powers of roceivers in 11Ke cases.
<br />{g) That .-Tailuro or delay of Mortgagee to oxen^,ise any of Its rights ar privileges shall not De construed a3-a
<br />waiver thereof; t'nat any act of ^u>rtgagee waiving any specific default dt Mortgagors shall not 6e constnaed a3 s
<br />waiver cf any to Care defaults: that In case of default ir, the paymont of any amortization f:;~"tai amen CS dr interest,
<br />or Sh case of payment Dy Mortgagee nt any lf.en„ judgnent, tax, Inst.^ance, cost nr experse, or rents, tees or ~ctiarges,
<br />saSQ Mortgagee shall Lave the privilege, without dec;lacing the whole indebtedness due and payable, to tnreolose on
<br />account of such specific defa,.at for such sums as are 1.^: do fault and such fnrecicsure proceedlrgs may he had and
<br />the ?and deseriDod herein may be s^'d subject to the urpai.d SndeDtedr,ess ,*,ereby secured, and t?tls mortgage .shall
<br />continue as a _ien to any unpaid balance.
<br />(iv? :'hat the Mortgagee may extend and deter r_he main.^; ry v' and renew and reamor`,iz? saiC Indebtedness, release
<br />from 1fah~iit. sny pa''ty l!abla^eo le.^.v _- pc the roperty ccvered hereby,
<br />wl thout of fertirg the priority hereof^orjth=^llaDllSCyn M Mortge.acrs ~or aryyother^par ty for the payment r.f said
<br />1.2debtedness, -iii such extensions, de `erments, -enetvsis, er. re:.mcrtiaatinns tc be secured hereby.
<br />(Si; Transfer of Security. agree' te~wee,^^, Cbe ra^r here:a, th27r heirs, 1e3a1 r2presentativ2s and assigns,
<br />that the i.^,teg.^iGy snd responsibility of '.he Mort,agors rcnsl.±uces a t ^__* the consideration for the rdte secnred
<br />hereby, and chat it the o: ant t1+e Martgapn-^ 'htai: se L' 'er, ~r_~rv ^~o.^.vey the propert'l desrrSD?d herein, the
<br />Mortgagoo may opti.^.r: declare the Pnti *.edrzs ir~~edia 'y an:; ayeble snd :gay proceed in the en-
<br />forr_em=rt ._ .,3 r1 gh'... as en ary ether de+'aui; ... a'~he __..._ of Cho ....__ _,... ,..,.r*gag2.
<br />(12} asslgnmer, r, o" Pr,,ceeds ;° Mlre - sse o 'zasn -ran~'e e ^ver, and convey to Mortgagee all
<br />rents. royalties, bonuses. and ;ela_ mon vs m.y '.c ~ r.:^re due =^^ payable under anY cil, gas,
<br />o^ tth2 .Ire n.ease ~~` ,, r -d c w .x CS _ tc v st ,ce, :cv?ring the above land
<br />any p-•, L there^t, Ail n mum.,-emu ', _ ,-1 .hP ..Cab redness secnred hereby: or
<br />said Mor~gagee may sr torn cr_: ,a Sr °t:.^ ssors !^ interest, any or 211
<br />i•f r•;ct u,,., without y*ecu- c., r-~3 ;y ag h._ _ ,x. zi; tut,:rea auras. and without prejudice
<br />nay ~' is t'.n_r .~±s .r„~~, ~~ez. ~_ -a.. _. e,.n- :.r - Mortgagee ct said rents,
<br />rCya_'.Ses, Denuses, end de.oy -onev -hat" '.;& ~y+ --f~.~r. ay~ne.^.t or reduction of tT.a mort-
<br />gage ,ebt, ;ub,;ec~ r-, ~~ < `+ o^t1ur. as .:r__...P the mortgage lien on Bald rea'
<br />estate. :.,,7n payment _fr. tgage .._ .___:: _. _. thif ..._`gage .._ recCrd, this conveyance shall
<br />De^.^me _.^.operat Sve snd^.,. ao fur _.,_. srce a.._. .. _. _.
<br />lWO-3s and qh*as - 'ter ;~~. `^e ran7a- _F'~ -:a - rss2~ ._ r, ihe. ,zr:Fucar ..,, 91.4-a1
<br />caehe~_ ar .xs aa_: w'. ..~. .>....-_. .,r _aSe .:e-, ..*a
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<br />yew Meyer
<br />MarianaM. Meyer
<br />:At Chi. +^~-' na}' ~, ~~ ... __~. ... _._ .-, _ ...,._. .. _._ _. ._ ... ..,..
<br />..t •y
<br />seate, persenariy appeareu_ Lynwaod F. Meyer and Marian M. Meyer, husband and wife,
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