7. Ir fire eves; tine Pe+sperty, or eery part tirereot, ~ talfuvn by erasneaxiE danxair~, tine 3~4srrtgaq@yne
<br />~~ ra~€etve ~ y trr pad tr,~ ~ r ~s~~ty tam ar Cdr ~ try p~'r~€l.~ir
<br />dot tam, and ~ any srui; , at 's# opts, eitbffa to a ~ of the tndeiiiedr seat
<br />Iry or t+rr s~ * t~ qty so dated..
<br />8. by neap, but shah have ao obligation, to da any act which th. "t'
<br />hea weed ~+tt ftslis to do,-and axay ado do any act it deems aeoeseary to protect the 1'aen hereof. ado:
<br />a~ to repay, ugoas &esnaod, any sums so expended by the Mortgagee tar Ybe above purpaces, and any Burro so expended
<br />by ~ ~ be added ki the ' seated hereby and become robject to ~ ikn hereoL ldorye
<br />not LSetu airy pvasonei ILbility ixcarse of anytaing it may do ~ omit to do hereunder.
<br />S. t3af4; Aae~ment of Rama. `Time ~ ~ ~ essenze hereof. ana open Mortgagce's detaait irr say covenant
<br />eaagteetn4ntt of fhb Matt~gz, 3ndvding ccvenaats to psy when due the sumo secured bg the Mortgge, the MottgaEae ahaR
<br />ba erttitied, ~ its sole option -and withtrat notice, to dertm~e alt sums secured try this Mottle #s be nra~iataly dae sad
<br />payable and may commence totes-loser of the Mort~e by judietal proeeed#ags; and, provided further, tlut upon web
<br />.dafsa}t the , or a receiver appointed by a avert, may at its opt ffid wilt regard to the adequacy of the
<br />aeemity, aster upon and take passesion of the Property sad collect tine rents, itsuea and peo8ts therefrom and apply them
<br />$adt ~ ffie art of ad~ction and operAtion of the Property and then upon the indet>tednas secorad by this Mum;
<br />sale tents, isues and pro5ts being aaaEgned to the Mort;o~e ss futt7rer security for the paym_~t of the indebtedness
<br />aseurad 6erebq.
<br />10. 'lkaer~er of Property. It ail or any gait of the Property is sold or tnasterred without the express wtittea ab-
<br />tent at the Mortgagee, Mortgagee Huy at its sole option, declare all sums secured by this Mortgage to be immediately due
<br />sod pttyatde.
<br />11. F+atore Advances. Upon request of Mortgagor, Mortgagee may make additional and future adnnoes to
<br />Mortggor. Such advances, with interest thereon, mall be secured by this Mortgage when evidetaxd by ptomiawry Hots
<br />stMtng that said notes tee secured hereby. At no time shall the principal amomt of the indebtednes seeu~~y ibis
<br />Mortgage, Hat indnding Hums advanced to protect the security of this Mertpga, exceed the oti;inal Note.
<br />12. Misodleaaosrs Provisions.
<br />(a) Any torebearance in exercising any right or remedy shall not be a waiver thereof.
<br />(b) AIL remedies provided rein are distinct and cumntative to any other right agorded by law or equity;
<br />and may be ercercised amcureentiy, independently orsueeeseivdy.
<br />(c) 1'he covenants and agreements contained herein shall bind, and the rights inure to, the teapesfite
<br />snaeesson and r~ of the Mortgagor and the Mortpgec.
<br />(d) Alt covenants and apeemenls of the Mortgagor ace joint and ceveral.
<br />(e) lire headings of fire paragraphs of this Mortga®e are for eonvenieace only and ahaR not be used to iatrt-
<br />pret oe defuse the provisions 6ereot.
<br />13. Aeluae. Upon payment o[ all surds secured by Ibis Mortgage, Mortgagee shall discharge thin Mortgaje and
<br />shall exeraate sod deliver a satisfactory release tlwre[or.
<br />IN iYYt'NSS$>iYVWERI3~F, Mortgapr has executed this Mortgage on theme day~,rOctobex ~ 19 8I ,
<br />~ /
<br />t_~ j _~.t~~s-
<br />~_ ~ ~
<br />_ ,
<br />I n r ~ n _A z~ C if-{-!E ~ .mot .
<br />~Ksr'la~ Gtte' Faadry) ~ Bouowar
<br />8tata of Ne6eaalts,, .Hall County ss: V
<br />pis tdis 12th day of October 1981 ~ before me, Use uadeesigned, a Notary Public
<br />duty wmmiasioned and quallficd tot said county, peesowily came .4amon L. Fandrv and Karla Sue
<br />Farid~, Husband and Wife , to me Lutown to be flu
<br />trtsnq~ petxon(s) wteoce name(s) are substxibed to We faregotng instrument and acknowledged the execution thereat
<br />~ ~ them voluntary act and deed.
<br />Witness my head and notarial seat at-.Grand lslanu, L7fi in said awnty, the
<br />.date atocew'd. /~
<br />`~ MY GorowMaiou expires: vim, ilr~,car_ f ~,~~~ : ~'f+ :~'
<br />,LET/ ~ Notlrr Aibt14
<br />r v# _ t~Qaelstl. BR pt 10. tYbt.
<br />`:.l ~- ., tffi9aae nrivw 'CW rd4! Rsrgvad Par Undvr and Aaaordar)
<br /><fi ~
<br />t `~ ~.<
<br />~ ~ ~ ~ ,\
<br />~ - -
<br />~ x~ s ria aka
<br />
|