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Home My WebLink About0783 1 _ ~ ~ f : •i~ ~ SEVBNTH: T~t the moct8i8or a8tees to Pxy oa dgnaad'all racpensa.abd tttomeps' fea incurred by the moitgageeby crason of litigatioa with third putia to protat tbe liea of~ tl~i.t moctg~ge and ~lt moneys so paid by the moctgagee, iadud- ing any espense i~cvcred m procunng or eontinuutg , ~bst~ of title a[}d''tifle poliaa aad seard~ing t6e reoords fa the purposes of sud~ litigatioq shall bar intecat at the same nte as sped5ed ia the aot~e sauced henby on the priati~al t6ereof after default and inatutity, aad any wch sums~~ with iaterat thereai shall conttitute a lien upc~ said premisa and be securcd b~ this mortgage and in default of ' repayment thereof hy the mortgagor after dmnand, the abolr ~ indebtedoas saviced 6eceb~ s6a11 at the optioa of the moctgag~e b~come due and payable Eorthwith aitlwut aotiea EIGHTH: That u fnither seauity fot t6e ga t of said indebtednas and the perfommnoe of all af the temns, ao~venants and aoaditioos heceof, the moctgagor doa ~ mortgige, truufa, set ova, us~gn aad plcdge to the mortga~et the lrssor's iatenst and estat~e in al! leases, iacludin~ but aot liautcd to gas, oil aad minenl leues„ now or Lecafter affectu~ che said pr«nises or an~ put thaeof, and all rmts~ usua„ inoome, profics, royald~s and boau~ses due and to baome due chero- mda, and in ~e eveat of a defsult anda any of tbe teans, coveiuats and oondidaas of this mortgage the matgagee h heceby authoriud and em to colled aad raeive all such rmts, issues, income, profits,coya1~a and b~onusa due u~d to beoome due aad to ap~same agaiast said iadebtednas. So laig, howe~er, as thae s6all be ao defsnlt 6ae~nder tbe moctga8c~c sb;ll have the ng6t to collect and raei~e my md all wch reats„ issu~a, incoa~ pro6ts, royaltia and bonusa as thef rppe~{ve~ beootoc due and pa~able, wd to use the same wittwut aocounting to the mortgagee thertfor. NINTH: 11at u fncther savrity foc t6e paymeat of said inde~ednas aad the perfomnince of all of the tecros, • eovenaats and aoaditioos hereof the mortgagor doa heceby moctgage, transfer, set ova, usign and pledge unto the mortgagee all dmu ud ocha crops no~w gc~win aad herrafcer ge~o~va on said premises, bereb7 8~~II8 ~ 8~~8 unm d~e mong,agee a fusc and prior lien thereoo, ~ro~v~de~ hawe~rer, chac soch lim shall be and is hereb~ ezprasl~ snade subjecc and s~ibordinate to an~ crop moctgage oavrnag an~ amis crops which come into rzistena by bloom prior bo foreclaauc~e sale u provided by th~s mortgage or aay anaual aops planted prior to said foraloaare sale, the pravisions of jxiragraph Teath hereof not- . withstandiag. My wch aop mottgage shall not howrver be a Uea prior M this mortgage on any ptcus aop mming iato being by bloom subacquaot to said foteclosure sal~ or on any annual crop planted s~b~equent to said foratoauce sale. TENT1-1: T6at the mortgagee miy relas~ for s~ch coasidention, or none, as it ma~ m~uire, aay portion of the abo~ve described land without, as M the ranainder of the security, ia aaywix impairiag or affating the liens and prioritia herein pravided for the mortgaga cnmpaced to any subordinate lienholdu. BLfiYEIV'I~I: 17x net proceeds of aay jndgment, award or settlemeat in my c~demnation or othec proaoding for any dunaage to the ~remisa, buildings or other fiztura theceon shall be paid to the mortgagee and sl~ll at its optioa, dtha be applied u a ardd on any portion of the nnpaid balana of t6e ncte secured hereby, whether then matuced or to mature = in the future, or be released bo moitg~gor. • 1 Wffi.I~ll~i: '1Lat if du mortgagor shall defaWt in the paformana of any of the covenants or agremQmts hecem ~ mntained, or if aa ownet of said premixs shall file a petition seeking aa arrangement or composidon or eztension or m~ I othec nlief uadtr. or pnrnunt to t6e Fedaal Ad or any uther similu shtute as. aow or herafter ia effat, or shall be adjudicated bankrupt or insolveat oc an~~property s6all hive beai seq~estered and suth dane shail ha~e ~ aoatiaued uadischuged aad wnstayed for nindy days aftec the eatcy thereof, t6~ eatin mdebtednas hereb~ secvred, indnd- lIIB,~ P~Y~~ for ta~oes, assasmeats, ir~uance premiums, liens, attorneys fees aad eupeases herein speafied, shall, at the ophaa of tbe modgagee, and aritho~t notia to the moctga~o r. be due and rnuat~le,at ona b~;foralaaure ar otherfvise; and, ezoept as bo pmpeity where ancb provision is pc+ohfbitod b' law, upon oomme~ement of aay foralowre or at any time ther~afta the matg~gec. u a matta af ngbt, withoat considerahon of thc value of the prmnisa, or whether t6e prop«t~ is probably iaw6aeat to disc6uge the moctgage debt or is in daager of being laat or removed .or injured, ~nd irrapative of the solveoey or inso1v~ of the moctgagur or the then awner of s~id pr«nises. and witta~t aotice to the moctgagoc or m~ person cViming undK him, shill be eatitled at oaoe to the appoiatmmt of a c~aeiva for said ~remixs, to mllat the cents, usues aad peofits thaefrom duriag thependa~cy of suc6 foreclosure, and the pcaeeds of said roceivenhip shall be applied by said caeivec towacd the pa~meat of the indebtedness seaired by this mortgage. or toward the paymmt of wch pact of the judgment rendaed thereon as miy temaia uns~tisfied after the sale of said prunisa, or to npny to the mort8a8a aay advaacanenb wh~ch said modgagce may make after t~ commenc~nt of foreclosuce adioa fa t~ca, a~a~ts, iasuranoe or other dnr u heceia pc+o~vided, togttha with in~ theroon at the same rdt~e as spod5ed.ia said not~ secured 6ec+eby on the priacip ~thereoE after default and maa turit~, and from the proceeds of uid receivecship sud rece;vec may m~ oecaucp tepurs and~ep said remises in pmper aond,don and repur pendmg such sa1G and pa~ all tasa and assasmmb aeccued or ucruing oc re~eem ~rom sala therefor aad pay insurance. pmmums naGSSary to kap uid pcemisa inwnd in aaordana with tbe pr~visions of this mortBaE'~ and Pa~ ather proper charges as herem prav~ded. and pay the e~~pmse of the receivership. . 'IHatTEEN'I~i: In ase this mortgage be foralosed by a snit in equity and the moctgigod premisa be sold to satisf~ a decrrr of foceclosure, the proeeeds of wd~ sale s}ul! be applied u folbws: First, to the e:paua u~rred hereunder; ; second, to s taso~nable al~s fae nat to eneeed 5ve percent of the indebtednas for snch sav~ca as aoay be necessacy for the mllation of said ind nas aad th~ foralosurc of this mortgage; third, to the payment of ~hate~er sum or wms the moctgagee ma~ 6ave~u d or beeome liabk to pay in ar~ing out the tecma aad stipulations of d~is mort~ tol~ with : intereat thereon; andfinally to the paym~t u~d satisfutan of sud aote. The bal~nce. if anY, sha11, imless tt,e C dara { otherwise, be gaid into the registiy o~ tbe Gouct 6aviag jurisdiction of siid foredoaure snit, to abide the furt6a orda aE said Coad. - POUBTEBNI'H: 'lbat the mortgagor is lawfully seized of uid pranises in Eee siaple and hu good ri~t and lawful wthorit~ to sdl aad oon~ the sam~ t6at the same arc fra from mcumbranoa esa~t as af~KSaid, ihat it sbilT be lawfal fot the moctgaga ~ all times. paa+bll and q"ied~ to enta upon, hold, oocnp~ aad en~q said premises and eva~ put tt~at the mort¢agor wil! e~aa~te a pcoaue aq Euct~er neeasacy ass~uanoa of tide and doa 6ere~jr fore~rer wunnt gma~allr . tbe title to sud pcemius and will fornec defend tbe s~mea~,nsc the claia~ aad demands of alt pa~sons ~rhomsoe~a, aad the m~rtgagor and the mdcen of ~aid nobe apaially a,gcee and dodue that the separate ahte of adi of them, ~vhether vesbed, oont;ngeat a in . u hereb~ oon.~~~ed and s6a11 be bound fa tbe pqment of tbe debt haeb~ secarcd aad ach doa . ~'I aP~~~~~''~~~ aad cdinqu~sh all rights and bau6ts of at7 6omestad, appcaiseaxat, acempdon o~ stx~ to wh~ch~ m~ be e~tled mdec the hws of the stabe in ~rhich said prem~sa ue sitnste, toget6er rv~? all do~va a curtes~ tig,hb, an~ ail iaeemts and ahta, sbh~tory and othecwise and of every naturc phatsoeva in aad to said premisa. KIFI'BBrTrH: ~t tbegtviog of ~vcitbe~a aotia addressed bo the owaea of reaord of said prrmisa or addrased to ~ the said o~wnees at t~eir L~t addras sctuall~ fumisbed to the~ or ad to tl~e owners at said premisa. and ~d~ z_.~, -o~,= - - - - : .