|
~ _, I I I ~ i '', i r,
<br />~. ¢g, shat in the event arty awaoMls aria dP to '~,tlna IMt1S"hgaFK.o)` ~i5 ~t,tuq r r~ur,u; Sr' S li, int rust ~fo raking or damaging
<br />) Itry t1'~p ',eXerrls~ oT epnlnlient, ctom 7n, rtie w~yole ar~~a~ny lWat^r„~ of he Tts,rt,gaRs'd yrerri es or. ~riy earvemvnt therein, the Said
<br />',', afl~r are Dere'~y, a9sl~ted~'to .h? M41rt.4gagee'; rye Marti&gee !a kiet'aDy autho*^1 :ed 4d'~, -ollpet, rocslve': rrnd reaelDt
<br />tDereltar and toi,a~ply tlhes9m- Sn p~ymyment df' airy lltdebtedn&ss Imtltured or ;anmatur`ed,j secured~by this mortgage. ', i
<br />- {9) That in Lhe event Mortgagors default in the payment of said principal sum, or of any installment thereof, or
<br />r - of ariy SatRresi thereon, at Lhe time when the same shall be due, or wl th respect to aqy covenant or condition here-
<br />ot,then, at the aDtlon of Mortgagee, the entire indebtedness secured hereby shall forthwith become due and payable,
<br />mall Dear Snterest at the default rate described in said note, and the Mortgagee may immediately foreclose this
<br />- 3 owrtgege or pursue any other available legal remegy.
<br />(8) That !n the event, nation is brought to foreclose this mortgage, Lhe Mortgagee shall be entitled to immediate
<br />possession of the ^. ~.__ged premises, and the court may appoint a receiver to take possession of sold premises, with
<br />the usual powers ofJrecelvers in like cases.
<br />- (g) That failure or delay of Mortgagee to exercise arty of its rights or privileges shall not be construed as a
<br />•,-~ waiver thereof; that arty set of Mortgagee waiving any specific default of Mortgagors shall not be construed as a
<br />waiver of any future defaults; that in case of default in the payment of any amortization installments or interest,
<br />or Sn case of payment by Mortgagee at aqy iien,~udgment,4ax, insurtlnce,cost or expense, or rents, fees or charges,
<br />said Mortgagee shall have the ;rivllege, without declaring the whole Sndabtedness duo and payable, to foroclose an
<br />account of such specific default far such sums as are in default and such foreclosure proceedings may be had and
<br />-~-~ the land descrlDetl herein may De sold, subject to the unpaid indebtedness hereby secured, and this mortgage shall
<br />continue as a lien for any unpaid balance.
<br />(lo) That the Mortgagee may extend and tlefer the maturity et and renew and reamortlae said .Srdeotedness, release
<br />from 11aDillty aqy party liable thereon, and release from the Sian hereof pardons of Oho prcperty covered hereby,
<br />without affecting the priority hereof or the 11ab1'.lty of Mortgagors ar any other party tar the payment of satd
<br />1ndeDtedness, all such extensions, tlefermencs, renewals, and reamarclzatlons to ba secured hereby,
<br />(11) Transfer of Security, Ic 1s agreed between the parties heretr„ thatr Hairs, legal rapresentatlves and asstgtla,
<br />that the integrity and responsibility of the Mortgagors canstltt:tes ~: part ;,f ch= -~~r:sfderaGian tar the sore sacura*i
<br />- hereby, and that In the ovens the MartgaRars shall sell, trnrrstar, ~_. •^onvay the ~~°aperty ".ascribed herein. GDe
<br />Mortgagee may at its option declaro the ontlre Sndabtedness immediately :ua and p:~yahle and '+'iJ+ prt~cead in the an-
<br />_ ( forcemeat of its rlRhts as on arty other defaule tr: the tor++ ~-3f !De --te an4 rz -Rage.
<br />(12) Assignment of Proceeds of Minerak E.ease. Mortgagors ee~Dy ransfar et .,ver, an:1 °onvay ,o Mer!gggea ski
<br />rents. rayaltiea, bonuses, and delay moneyys that may ircm i~:c +,r r be,= ~ 'ate sr.' g~ayaDle =r~:er ~t'f ~-k
<br />or other mineral lease of any kind Haw oxisdnB r hat nev r ¢ esfter ime Sr ~. xFSte:14 a, ~avakt~ tt€t nDtrve taaNt
<br />or any part Gharoof. Alt such sums.sa recel~^ad ay ~.s ,fasa .iral. e~~ pklta~ t he r~r4ta:trlcs~s wrc1~~ ecaram~; ar
<br />sn1Q Mortgagee may at its option turn aver arS^, ZeIK ar ? ~fa'r,t ~ ~ :Ar e r ur^rassoars !r~ 1nLarsoL r.r ail
<br />tit such sums withau6 ppreJu4lae to ai>,y of tk~rGiraiten SgD -~s,e~ ar 2 re sty,; a ate, ,r:.i ~it_tsev~e tel",~t't
<br />~: ~ to arty of tts other rights under khis martgag®. ~a ~ x er u , r tay~n: erer.~r~ r *t~ss~arr ~f a~.atd r~RSAR,~r„
<br />rgyaltlea, Donuaaa, and delay moneys shall as ~..rrs weir ,~ r rat - ~ym~ec ' r xe~t . tsar z ~ L~
<br />~ gage deDe. guDJect i4 trio i~tggges'a apeiyz: sa ,.c~v:nv'~t ~ :_, ,M .. ..:. ~: -- - .'s~~ ,`- s.i@
<br />estate, UDah Dgvment Sn tall of ehe elartgaaa .`ebt air! tt~~ al~?a..a .., .. ~.rirv 'f ~ .aEa r~*sti~k
<br />Deaome indperatlve amt of rra furtDm~ tares acrd ~*ttec««:.
<br />fYa*ds :uwt QArosaa Ae~ei~r, tnr'e.,#c*~ .,~, ~~~a~t~a~k ~.., - a__' -,_ -~<,t~~ -;.,_ ~s °±t~t _.s~* .i;r ~`~=g:
<br />mwl+ert awd qs ans~ds'we, ,'retniwe. a~.ta+ ,'a~n#~•. ._ •s•.~ € , ;~
<br />a -
<br />~, _- _.
<br />~.~....,..~_-~___ ,~~M ..... .~.R,._~ . _ ---, m _.,_,.. m ...-~ .. Wis..
<br />,aka:
<br />
<br />~fAfts ~:~~~~._..~
<br />r ~
<br />_ ~ _~. ~~ -
<br />,.F: ... _.,,~
<br />~Ea€a, u~ts3r au°r~s,~ ~ -,- -- -s~, --- --_ -~ _ tiG'x-
<br />--
<br />hY~ba~ #n~ M1~fa1~
<br />- _~~...,..,.mm._..,..,,~...,,,..~m,.. ...,,....., .. _, -
<br />Lape 141{4wll fv DV Lipp {wl'~+. ndMg4 Cfi ap,1 Ah.x ~:ie~. ..s. ..,~ ..:e{~'e s ~ ._... . x.., ,_ -.,,. ~. ~,,..p.,-x :tt_~.r. :;. sry '..~ s,Na.«..=.:, ~, -
<br />tife Y1yMi Ghutr '[Uk"if~k3Yy °t.'t vr~.i 1~bt1.
<br />~~~~~
<br />d
<br />O
<br />M,
<br />>±" '~~-~
<br />
<br />;.,-y ~ ~ - ,.. .,t`, «,:,r t-` as
<br /> e
<br /> )
<br />' !
<br />i
<br />:fi :
<br />
<br />'
<br /> k ~ _
<br /> a ~ 4
<br />
<br /> # _
<br />
<br />
<br /> 9 11 ? F h 'R
<br /> t ~
<br /> e
<br />
<br /> ~ ~ ~ ~ ( ~ f.
<br /> 000 !
<br /> ~
<br /> ~ ) A
<br /> i ~,. , li r ~ f ~ ~ ~*~
<br /> t
<br />y [ r~ _
<br />f_ _ ;~
<br /> r ~ , ' x ~
<br />111 ~ ~ { ~ , _
<br />ri .-+ _ -
<br />
|