f
<br />3r'fsL ...: _ra .F e, .b~ .,y._ 'to `: ;Ar ,Zec -. '=a e .1Wt. -
<br />therefDr and to app:y tn_ °:a _ .. payrce^. .. _... bt_ _, .__.._ __ - . _- _, -_. i_.. _ - ..,.,_ r ,- .
<br />!7) ,3rat in the ever* -D *.gagar.^ defau _t •^ - - td - -. -- •rf r
<br />~r any lptarest thereon a t're LSme rotten 'h2 s..m ha + 1 r r -
<br />~ ~• ...en st the Dpt.Dn of uDrtgagee, the entire -_.d_bter s w _ .arc„ e,
<br />y Mall bear interest at the default rate desDribed :r, ;___ ....e, _._ _..~.._~ ra, _.,.---_~, _ f.,r_.,_,,_ _.._~
<br />mbrtgage or pursue anY other avs'_Iable Iegal r6-me^;,~-
<br />~ (5) chat in the evert aD ticn 1^ Drought to fo a -o -_g~-3° 'te ~. - -e --ed e
<br />Possession of the m rtgagen premises, and the co,,. , -_Y apr-.. _ _ - cel'.'er „ _ s_ -cs_~.,t1.. .. _. ,,, em?~_.,, it_^.
<br />the usual PDyvers c_rreceivers ir. like ~'~-sec. -
<br />~g) That failure or decay D.* Mortgagee tc exercise an;; of is r'o its Privileges ahall not oe ^anstrued as
<br />waiver thereof: that anY 'ot of Mortgagee warring a-'1Y = .~ "ef - Lgsgc - sha,l to co- to-ed as
<br />waiver Df any .'atu.^e defaults; thar in cast , 'fault he a;-e- ~ anS'V ~= or'.Sz t--r ~- .terPDt.
<br />t or Sn case of payment by Mortgagee ~.^T ar>•,~ lien, judgmen t. tan, ir, a^aace, post or exP'nse, o^~^erts, Fes or charges,
<br />Said Mortgagee stall have the p^ivileee, wlehout d nla_.ng me efiDle lndebtadr:ess Brie ard~payaDle,,to icr=close ;^
<br />I account of such specific default .'Dr such sums as6areria default and suDr 'oreclosa.~2 proceedings may b_ :nad and
<br />the. land described herein may be srl^, subject to ri,';e unpaid indebted,^:ess .*._reby aecured. =.:._ this ~,..~_ _,:a3e s*;ail
<br />cDntinue as a .fen for any unpaid ba Sauce.
<br />(10) That the Mortgagee may extend and refer ±he mawrity cf and reneY: a reamor ,iz_ .indebtedness, re leas>_
<br />from liabilj ty atLy Party liable thereon, and release 'rem she a en hereof nDerticas .of c*_he property ~a arered hereby,
<br />without of:ecting the priori ty hereof cr the liability of '^,Drtgagors r arm ocher pa.^ty for tY.e Faymen*_ ^.' said
<br />indebtedness, all such extensions, deferments, renewals, ar,d reamcrt;catlons to be sec,rred *_,eby.
<br />(1S} Transfer DS security. IC Ss agreed be?weep the parties hereto, their heirs, regal representatives and assigns,
<br />that the integrity and respons'bil.ty ^f '^.° Mo ~a,,rrs ~.D s - •tes rart *? cansiderst'o.^. °or ;ha note se ter. e~ -
<br />hereby, and that 1^. the event the McrtgagDrs !-._ ei_. . s sf ~ "onv. the ;,^operty described herein, h -
<br />Mortgagee may at its option declare the en tare '•:debtedress immedisteSY due and payable aad aay graceed :.. the en- -
<br />forcemert Df its rights as on any other default in the terns ~f the cote antl mortgage.
<br />{12} Asslgrment of ?raceeds Df Miners' Lease. "' rr.gagDrs hereby transfer, sec over, and ronvey to Mortgagee all j
<br />rents, royalties, bonuses, antl delay moneys ?.hat r to *_1me become due ar.d payable ~~rder any ^11, gas, ~
<br />or other mineral lease of any :rind new exist!ng ~: .^n°~.y,hereaf ter rcme into existence, covering the above land
<br />Dr any part thereof. A11 such sums.sD received Gy ^~:rt3ag2e ail be spplied to the indebtedness secured hereby; or ~
<br />said Mortgagee may at its optlor, tarn ever 1r:d lel:•:er ?-.e theryMOrtgagors er r,heir successors Sr: interest, any or all
<br />of such sums without PreJudice to a.^; -~f Mvrt~agee •s rights '.c take and retain future sums, acrd '.vi thout pre.}udlce
<br />to any of its other rights under tLis .:,ortRage. 'he trensfer and conveyance hereunder to Mortgagee of said rents,
<br />ro 1t1es, bonuses, and delay moneys seal' e construed '~ be - prevision far the payment ar reduction of the mort--
<br />`~ - ' _ ~ .~ded r.,na a.,n err ,ter ehe mortgage lien nn said real
<br />gaga debt, suDgeetta ttie Mortgagee=s o~tten she e.n ,^ ~^^:. -.- -P-...-_..-
<br />estate. Upon payment In full of t e mortgage 1et,t.TardV?heTrelease of .his mortgage of record, this conveyance shall
<br />become inoperative and of no further some a^d offeDt. t -
<br />,fJards end phrases !sere in, inclm~-inq -te 1ckra.l~~;lpmenr herso+, shah be =ons`rued as in *. he singular or 4lural ~ -
<br />rrrasbers and as +sasn:iinz, ;emirirs. .,. ~u:e- e:de-, ac rordi*.g •,. _*he r: ontex..;
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<br />eta*P, _. ~_~r31 ~.y a;.;=eared ~__Timothy D. McGuire and Carolyn R. McGuire, husband and wi.te~ -
<br />t.. me known to Ce the persons named in and .vho -xe:^a c•d r..- ..,. ., ~ _._.,. t";~nt. •..d s,~Rnowledged that Utey executzd
<br />*..*.e same ss t.heir volun traryJ act and de/ed. /~ --~
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