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{,~) 4f1et Sn the event the Mortgagors fall to pay vetch due aqy taxes, liens, ludgdents, ar assessments, or fail to
<br />imtltiLain insurahce. as hereinbefora provided, or tall to-pay rents, fees, or charges under the terms of aqy lease,
<br />pe7'e1t; 3laense, aY pr1v11age; oi` Mamtgagae 1s required to incur expenses for abstract fees, attorney fees, costs,
<br />B#pen8e9, acd ptUez~ chaxge9- in coimention~ whit li tipptlon, Mortgagee may make such payment or provide such insurance,
<br />ar inaei° seek bbligatloh. and Che amamts paid therefor shall become a part of the indebtedness secured hereby due
<br />told payable lt~ediateiy, and-shall #2as` interest,fraw the date dt payment at the snore rate as provided far default
<br />in tSie Hate:
<br />{5}- 3het in th$ event any-awards are made. to the Mbrt$a~ars ar rheir successors Ln interest for taking or damagLng
<br />by Life. exercise- of eaiirtant domain the vRioie ar art,Y-part bi the martgage8 premises or afly easement--therein, the said
<br />awards ere hereby assigned t0 the TkSrtgagee; the tSbrtgagae is hereby authorized to collect, receive, and receipt
<br />tiserefar and to apply the-same in DBYment of-any indebtedness, matured ar umaatnred, secured by this mortgage.
<br />{6}- That Tn-the-event rfortsagars- default in Lhe pgyraent of said principal sum, sr of -aqy Snstallmeat thereof, ar
<br />of a€ty lftteieat t#erean, at the time ivnen the same s#all be due, er with respect tp any covenant ar aonditlon here-
<br />of, then-, at the.optiaa of Mortgagee, the entire! Shdeatedness scoured here#y shall forthwith became doe an4 payable,
<br />shad :gar lntereaL at the default rate described in said note, and the Mortgagee may i~edlate),y foreclose this
<br />-mortgage ar pursue arty ether amila#Se legal reme~v.
<br />(7J That in the event action is #raughL to faredosa this martga3e, the 12orUgagee steal i. Be entitled Lo f5m5ed1ate
<br />passes8lan of ±he mortgaged premises, and the court may appoint a reaelver to take possession of said premises, with
<br />the Hanel powers of receIvetS 1n Ilke Cases. -
<br />.[67 Thst Satiate ar daisy of !Rsrtgagee to exer^ise any of !ts rights cr privkiages sna21 act be construed as a
<br />waiver thereat; that cry act of Mortgagee waiving, aaqAyy specific de.*auit of :tar*.gagors shalt not be construed sa a
<br />waiver-af any future defaulLS; that in cane of default in the paymen*_ of tt,y am[irLizatlon installments or interest,,
<br />ar in ease of payment by !±artgagee of any ;ten, ~udg:~ent, tax. 5rsur,9t5ce, cost cr expense, or rents, tees or charges,
<br />sold iKartgagee shall have the privilege, wi theut declaring the ++naIe indebtedness due and payable, to foreclose on
<br />- - - -- -- --- - _ nAlmm~ v ha hAA AnA
<br />04 /~iL i ayc~
<br />the land~descrl#ed herein may be aG.d, ~sdbyac; to *he unpaid iadzBtedress hereby seoflre~,~and t#1s isorLgage shall
<br />continue as a Sian '~r any unpaitl balance.
<br />{9} ~i5at the Mortgagee may extend and deter the Maturity of and renew and reaaartlze said indebtedness, release
<br />tree lieb5iity wry parT,y lie#Ie thereon, and release from the filer. heraef portions of the property covered hereby,
<br />wLtAaut atfec*.1ng the priority hereof ar tt:e lSabiilty c:t ncrtgagars or any other party for the payment of said
<br />2t~ehtedness, all stfa, extenslans, defe.:~ents, .enewais, and reamer*.;zatiahs Lo ae scoured hereby.
<br />(14) Transfer-ot 3eeurity. l Ls agreed between the pities _•ereto. th=1r Beers, legal representatives and assigns,
<br />that the iriegri ty and res ponsihiiity cf Lhe i~rt,xagars -anst5tutes a part ct the aansUlarat San for the Hate secured
<br />#ereby_ axld that 1h the event. the Mortgagors sha?1 sell, transfer, ar ey the ~saperty described herein, the
<br />Mortgagee may at 1*.s apLYan declare Lhe entire Lndebtedn"ss immediat-~~~and payable and may proceed Sn the en-
<br />farcameni at its rights as as any atn?r default in t_hr t-e_^rss at *..te a e dud mar cgaga,
<br />4 Yocds grid p#rssas hiereins anc {sal ir~ihe 'u ~fcm..ierl~ereni lsareGf .; ha'. :`.=e .-ass>^aed as i+~he sinquFar ar piu+at
<br />nrsber's 3rd as waseu s,xe, Fessrsne., neu:e+ gQn:e~ , sect+r3ing" { ~-.rnttext. j /7
<br />. II
<br />'3c".dLY ~ 1"`~ {5G'Ai.l
<br />George D. Hummel
<br />~RW~; ise~~,
<br />r z_. _______.____ ~ -__.______._ ._ (,ant. )
<br />~1'ATE ,lf ~,CPBLlS1Ck
<br />tYXA7TY :;r ~/~// ~ c;x~.
<br />this ___S~day cf _,.c_,~se.L~.-~....._. ,~.~ ,t~~i-. ..,.-. . .. :. .. ~?..z:y r'~st. _.. ... and for srid r~t[[s ty and
<br />3CaLe, persana.'sly-appeared George D. Hlsmmel,, a sfngle person
<br />to m+e known to#a Cho ,*erxons named in 3;t'd who executed t*:e ':sreg:;inri !nit: ~r,L, a[34 a^kt:a>rledged t?t$t they exn^_utet5 '
<br />the sates as their voluntary act al:d dead.
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