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<br />(,t~ 1&at in the event tDe Mortgagors tail ca pay mien due aqy taxes,-liens, }ud®nents,.or assessments, ar tal3:to-
<br />ma rain insurance as herelnbotore provided, or fail is pay rents, fees; or cDargea under the terms of say LeESO,
<br />lfeemlt,.l3cense, ar privilege; ar fiortgagee is repuirea Co incur expenses for abstract fees, attamey fees, cotta,
<br />efipeaees; aad`dfher eDerges la ca[mection°with litigation. Mortgagee map-make such payeie7xtorprovide's71cri` 3asUi~tlae,
<br />or inour sueh obilgatioa, sad' Yha eaknnits paid therefor shalt becane-apart of the indebtedDeas secured"Sleretty diie
<br />add:gRyat>le 1Eteedlately, and shat! Saar Interest from the date bf~payment at- the satee.rate°as prbvided•'_2ar defaji=3t
<br />in' tfie Hots. -
<br />(6) TDat Ln the event afty awards sr> made to the Mortgagors or-their successors-la interest--tot` taking_ar d~raging
<br />by tDB eE9rtrise of eminent domain the wDOle ar any part of the-mortgaged"gr?raises ar an.Y ea981a8aL tter$#n', the said
<br />eNattde:-a~•e hereby a$signedto the Mertgagee.; ttae ttortgegse 1s hereby authariz®d -to-cbl3ect~;-rCaeive, end_~recelpt
<br />tGersfor aad tb ap~iy site sadse in pay~ent of any indebtedaeas; t~tvred or um~ttured, seamed-by this mdrt~age.
<br />(@} '141st 1n tbe~event-for*_gagars defenlt 'n the-payment--oi said-grfncipaY sum;. dr-ot`-any-la3tslltaentthereof, or
<br />of any lnt~resb tDereon, at the rime wrien the same shall be due. ar-with respect to say nmenhdt ar ratidltion here-
<br />of. t1.1en, at-the-b1lLfan of flarigagee; trie entire-Sndebtedneas secured hereby shall-tortht"tith:beabme-Que-..qnd-payable,
<br />3ha31 bear interest aL Fhe default rate. described to sa1G Hate,-and the Mortgagee may itmedlateiy--fof~ediose t3iis
<br />uortgage ar pursue any other avatlaDle 2ega# remedy.
<br />(~"}-- T41aG Ln the-event ac~iar. is Drought ta-fareaIOSe tDis mortgage, the 7wrtgagae shall De-entitled-to lmlaediate_
<br />pa$se9sf an of tihe mortgaged premises; and- the courteasy appoint a rereiver to faire-gossessian:ot said--premises; wlth-"
<br />tlfe~usual pavers af' receivers in like raves. - - - -
<br />,.t8} T4taL tsl lure ar delay of zglstryag2e to az@r Sse say of its nit,.^,ts »r privileges .shall. nat. be-r_anstrited--as a--
<br />waiver thereat: friar any act at Mortgagee welving,azry specific default of Mortgagors shalt bat be construed ass
<br />waiver of aaY futurn detaulLS; that in cane of defat7lt 1n t,Tte payment--^f asrsy atnarLlzatian instal imenLS -or-interest,
<br />ar in case at payment aY :,rrtgagee df any i*. en.,}udgment.tax, lnsurance,r_ast ar ezgense, ar rents; Sass ar eDargea,
<br />said Ma.^tgagee shall have the gr7vilege, s~lchaut decl.:rlitr~ the t+T.aie irdeotednesa due and payable; to toreclase.an--
<br />acaaudt at such spar, lfic daf3alt far =ucn sums as are 1n Ceisutt and racD forealasure groceedings 3aay be Dad adQ
<br />rite Feud cfeearlbed Dereln tasy rie said, stAlect to *_ha ungatd iraeDtedness hereby secured, andthis mortgage-shall
<br />eteiti.sute as a lien tar ar+ t+.npaid balance. - - -
<br />;6} That the Mortgagee :.ay erterd and defer =ha maturity ~?t sad renew and reamartize said SndeDLeMess, release
<br />fi'»m llahiilLy any party 'iaale r..herean, rn-v- release Ir:,F the ISen Ssereaf p»rti»ns »f the property covered-.hereby-,
<br />wiGnaut attEeling the prlbricY ?Serebt or the ISaDil iLy ::i Mdre3a¢crs t any-r, CDer ;;arty for the papatent of said
<br />!t~eDte^..ness, ail srtch exc~;s,n:s. aeferafents. rez:ewaIs. =.n:. rPStsorL Szatf;ms >a-be ser,;;red .*,areby.
<br />(iD} Transfer at aeaurl LY. It SS agreed oe tween she S:artl es ^era LO, r?;elr .^.e lrs, iega2 represent3iives and asSlgna,
<br />that. the lntearity and res;Y.rr,sibility -R` the 'brtax~*ars ~-"-nstStuta^ ~_ ;ant -:t the ^^nsiderat*.~ far-rise :ate secured
<br />hereby. autT Lliat. :n tae event 'Da Marta:-s snal'_ set?. :ra :star, ur :'Davey trie S.raperty described herein, the
<br />Martapgae-:fay at its option deccare the entire 7ndeaiedrass Immeciately doe srd syaDl¢ an6 :~Sy reeeed Sn the en-
<br />taraelQent »t tts r7ght°. as tm 3tU =titer defan'_t ., t`e rer^s ~f •.... acre -_.nd !artagc_-
<br />`Yar3s arm 4hrases :ere i^.. ryc lw:ir& a ~~^kna~lexftteat .a er, `, kat ~ ~ ~^ast, .:~G .:> ... 'hs: sis+~uLar or flurai
<br />iswbers and'as east-}Lsne, :?arsrtire. ~ .eater Verde- :cc~-"ir.,f ., 1e ,>ex..
<br />.'~EAi~' FtA-':A_c. ~ __"`~cs...1~ (SEAL}
<br />Robert, M. Smil<h
<br />Barbara~E. math
<br />....,.~... i SEAL }
<br />._uM_. "._.a,s.._ ,:SAL}
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<br />,ttate, persUatliY api;eare„ Flobert *1. Smith and Barbara E. Smith husband and ti,*ife
<br />iif to ae tatrcwt Low =.,71e ~r ,eat; ft: =._- tic =r~.uc-c =,._ _~~•ag~~;Iag '__,. _: yrs. azd ::crtnGwlevged .bat they exeau Led
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