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<br />(4) 'IYrat Sn the event the Mortga gory fall to pay when duo ~utv taxes, llNn::, 'ud ~nents, nr assassmen t3, or Ca11 *_.n _
<br />main Laln insuranr,e as her etnbafore provided, or '^_11 t:o pay rents, tens, r.r ~•h rsges under the term;; of any lease,
<br />per^m1t, license, or prl vi lege; or MorLF,agee Ss required bo fi:car ^xpen_:es Inc abstr:l r,C ,,*aes , attorney fees, Cosfi s,
<br />expenses, enG other charges In connect)an with litigation, Mortgagee may make z.uch payment nr provide :aurh insurance,
<br />er ineur such obit gatl on, and the amounts paid therefor shall 6ec ame a part. of rtie Indebtedness secured riereby due -
<br />and payable immedl ately, and shall bear Interest. from the date aP payment at. the same rate as prnvi dad Por default
<br />in Lhe note.
<br />- (6) i°lat 1n the event any awards are merle to tba Mortgagors or their suceassdrs in Interest for tak Sng ar damaging
<br />by the exercise 0f eminent. dcmaln the whole or any ^art of r,,ye mortgaved pr~ml ses or any easement therein, the maid j
<br />awards are hereby as sl °n ed to the Mortgagee; the Mortgagee is .i:e reby author!zed to collet, t., receive, and receipt
<br />therefor and to apply the same in payment, rr aqy lydebtedness ,-matured ar unmatured, secured Dy this mortgage. --
<br />(8} That ir: the event Mortgagors default in the payment oC said prirc ipal sum, or of any installment thereof, or v ~-
<br />of any Snterest thereon, at the time when the same shall br doe, or with respect, to any covenant or roadl tl on here- {
<br />of, then, at the option 0f Mortgagee, the entire indeD redness secured t:ereDy shat i. forthwith become due and payable,
<br />shall bear interest at. the default rate described in said no re, and the Mortgagee may Smmedlately fore close this
<br />mortgage or pursue any other available Legal remea;.
<br />(7) Thai Sn the event act; nn is brought to foreclose this mortgage, the Mortgagee :;hall DB en tl f. led to immediate
<br />possession of the mortgaged premises, and the court may apnr,lnt a receiver to take possession cf said premises, with
<br />the usual powers cf receive.^s ir. 1!ke case;.
<br />,,
<br />(8) That failure cr delay of Mortgagee to exer-!se soy of !t-s rights or nrivfleges shall not be construed as a
<br />waiver thereof; that `=rlY act of Mortgagee waiving aqy p acSff^ default of Mortgagors shall not be construed as a
<br />waiver of any fu t,rre default h^t. Lr a e ~* dei`url,t. !n the payment of 'my :morn nation 1.nstaliments or interest
<br />Dr in rase of payment by !^c.^ g.gee of arty e2. ,Judgment, tax, insur-mce, cost or expense, or rants, fees or charges,
<br />said Mortgagee shall have the privilege, without deciar ing *.he ~.vhole indebf.edness due and payable, to foreclose on
<br />account 0f such spec ifla default for such sums ~ - !n -iefauit and ..u eh foreclosure proceedings may ba had and
<br />tue land described hare_!n may ^A ,013, srID je,.'. Co the unpaid fudebtedr.ess .hereby secured, and this mortgage shail
<br />continue as a lien f_r any unpaid beta nce.
<br />- !B) That the Mortgagee may extend a.^,d defer the maturi a,^,~"_ ~~nev; ar:d teener*_ise said :rdebtedness, release
<br />*rem 11 ab 1+ y .r,r u3r- +aD'e :re^A en ~r- re.a - r-. + er fe r,~f p.r,;, ens the property covered hereby
<br />xi thous a :a :_ „r;or t} h of ~ _ ap+o-.nag .. i n he ,^ j c the payment of said
<br />indeDtedne a.i s+ n ?s'ensLn,. -__.: ent:;, a, r.1_. r.-_ -amo. _... ._. r.~ tr _e -.ec,:. e~ .,_. ..b Y.
<br />(10) Transfer of Secur!ry. It la agi•e e<7 between the paroles ^eto, r.,ye_+r Y,e 1rs, Legal representatives wd assl grs,
<br />that She .^.tegrity and respons iD Si ity - the Met*.gagor :!.u to of the ~ne_deration for the ifote secured
<br />hereby, and that in the oven- .he Mortgagcrs sh-~P r i'er 0 nnvey '.he -r0perty described herein, the
<br />Mertgagee may at its opLlen de„lar~ the encL e .rdaDt..:ne _:nnedfa,.a_, .ue and payable and may 2rcceed in ttia an- -
<br />_ forcement of _-~. . igh is as on my other default !n +t:e .nrms ~~f t.._ n_..e :~rtd mot tFage.
<br />rt/ords and ~j.hrases nerean,- arc_udanp re cbra~ e ~'.zrt he*eo*, ha-~ ~e -ons•*u.~d zs an. -he singular o+ giu~al
<br />.vm6ers aad as masculine. ;ez.urcunr, bT no-=,e* A~ne_ acroruang -o to -_.*eYt.: -
<br />EALi r, :.~, i -Yl'P-~%?. v:, ~~~ r5°dL) -
<br />CYeg©~iY}y A. Hopki;<Is ~ u
<br />f'F: F:LI ~ ~'/I.IrF lY. ~G}.:~ '.%7 (SEAL)
<br />Gale R.~Iopkins
<br />,5::.1L; (SEAL) -
<br />._.,... _ ;SEAL;'
<br />STA;'E ~F ~~~~~ -
<br />COUNTY Ob' F ~ _ ~~~~
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<br />LRr this ~tlav ~,.-i .. -. ,.._ _ .t _._ _r . ..... .:.. ... ... it , _...,
<br />_ ~_ ______.___-. ,...... ., ~_. _. ~. rt., .,~
<br />Sts*_e. pets onaly appeare,i Gregory A. Hopkins and Gale K. Hopkins, irusoand and wife,
<br />~' to me ivlown CC ba the L+.rse[u ..z ~~_ .a ~n~ -,r.. 'x ~. 1 ?,:- ~-, ag,;; r:, ..: ~.: -.. r. -. ,. r~i_:g ~u ~. ._~ they ~..~,, ,v ced
<br />the same as their vu iu=.rt any -_er ant sued.p ~q
<br />hey GJmrt~i ~.,l On , . _. ~ .L-_ ____ ~ ._ !~-~ _
<br />a~J. .'ype ~. ~ in -~mr . r,...r y :. ur«.
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