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7. Condemaatwn. fn the event the Property, or any part thereof, shall be taken by eminent domain, the fr9arte
<br />i;ernpo~red io collect and receive all compensation vrhieh rnap be paid far any property taken or for damages to propcrtY
<br />net taken, and More sitaN ~y such crompertsadian, at its option, either to a reduction of the indebtedness secured
<br />Yfe~lry ario -repair and restage the p3operty sa damaged.
<br />- S, by l,gag¢e. llfottg-.gee may, but shall have na abtigation, to do any act which the Mortgagor
<br />hill- trht fpllr to do, and Moshe tray also do any act it deems necrssary to protect the Lien hereof. Mortgagor
<br />td.repey~ upon deaetnd, airy ar>ris so expended by the Mortgagee for the above purposes, and any sums ro expended
<br />b}r tbv ! lse added to-the indebtedness secured hereby and become subject to the lien hereof. Mortgagee
<br />stout clot ii7cur anq personal flabbily because of anything it may do or omit Eo do hereunder.
<br />9. iiefmrlt; of heats. 'Pima is a[ the essence hereof, -and upon Mortgagor's d Eautt in any covenant
<br />inagreementof Shia.MOrtlgage,lncludingcovenants to pay when due the sums secured by this Mortgage, the Mortgagee shelf
<br />ite ent{t4ed; nt it$ sale opfaon and without notice, to declare all sums secured by this Mortgage to ix immediately due and
<br />pays~e wad ntay ccwnarnence foreciasure of this Mortgage by judicial proceedings; and, provided further, that upon such
<br />detaait the Hr2esrtgagee, or a toceiver appointed by a crrurt, may at tts option and without regard to the adequacy of the
<br />sett', enter upon and take possession o€ the Property and collect the rents, issues and profits thereirorn wad apply them
<br />- first- to the cost of eoltectlon wad operation of the Property and then upon the indebtedness seettred by thss Mortgagee;
<br />said xents,issaea and profits-being a~igned to the Mortgagee as further security for the payment of the indebtedness
<br />ascurid hereby,
<br />- _ ;{l, 1ti~~ of Property. If all or any parCof the Property is sold or transferred without the express written con-
<br />--- sent of the Mortgagee, Mortgagee may at its sole option, declare all sums secured by this Mortgage to be immediately due
<br />utd payalde.
<br />11. Pntare Advaac~. Upon rEquest of Mortgagor, Mortgagee may make additional and future advances to
<br />Mortgagees Sudri advaaees; wit#r interest thereon, shall be secured by this Mortgage when evidenced by promisso-y notes
<br />stating that-said notes are secured hereby. AL no time shall the priaeipal amount of the indebtedness secured 6t' this
<br />- Mo~°; not iaduding sum advanced to protect the security of this Mortgage, exceed the original Note.
<br />Y2 ~s boas.
<br />(a) Aay farabearance in exercising any right or remedy shall not be a waiver thereof.
<br />(b} AH remedies provided heroin are distinct and cumWative to any other right afforded by few or equity,
<br />wad may be exercised ~roncurreatty, independently or successively.
<br />(c} 'ffie covenants and- agreements contained herein shelf bind, and the rights inure to, the respective
<br />srtctessors and assigt3z of the Mortgagor and the Mortgagee.
<br />(d) All eovtrtartts wad agreeraerris of thr Mortgagor are joint and several.
<br />(e} 1be headings of the paraguphs of this Mortgage are for cunreniance only and shall not fie used to inter-
<br />prat nr define the provisions hereof.
<br />Y3, Rekax. Upon payment of all sums s~.~eured by chi, Mortgage. Mortgagee shall discharge this Mortgage and
<br />shad execute arrd deliver a satisfactory release therefor.
<br />lPi Ytrl'1`N6$S WNlsItEOF, Mortgagor has extcuted this Aortgage rur the ?~~fay of _ . i9~1
<br />r - ~~._, ~.f_
<br />-- 80rrr1Wir
<br />Oa tbid '~~~" day of ~______. !$ 81 ,before me, the undersigned, a Notary Pu61ie
<br />. dttty and quaittied Por said eauntY, per~maily came ~_~~_~_ ~r . $_82IL~Ie ~6~'iEtOt1
<br />_._ ...________..-__. ___ e._.-----.. ----- --_----. to me knows to be the
<br />ldQaticat penanls) whose eaarets} are subscribed w the fareRoinginstrumenE and aeknowiedged the execution thereof
<br />to be 1~Ee& vdutttary act and deed.
<br />N(LtMSa lay hand and notarial sea! st.___.__.. ~'~ Y~Iatflcl _-- -- ...-_... _... __ _._. in said county, the
<br />date atoseesdd .
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