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~ `3: The ~Iortga~ee ~nay, •t l~ia option, _and ~vit ont wuvin za n~c t o acccler~te ~the indebfe~leiess~ ~ieid~y
~ eecured and to foreclose the eame, pay either before or dter d~queac~? anr or all of thoae certain obligationa
reqnued by the tuma hercof to be paid by the 3iort~a~or for the pmtection of t6e mort~ase ~ecarity ~or for the ool-
~ kction of tbe indebtedneas herel~y secured. !lll auma so ad~-anoed or paid br tue Mortgagce aliall be charae~ into
the wortaaae aocount and become nn inte~ral part thereof, subject in aU respecte to tl?e ternis, coaditions, and
_ covenanb of the aforeaaid promiesory note, an~ thie mortaa~e, as fnlly and to the eame eztent aa tl~on~l~ a put of
~ che oriainal indebt«lnesa evidenced bp said noce and 6orured by thia mort~~a6e, exeeptina however, that eaid sums ahall
be repa~d the Mortgaaee forthwith upon its demand and be in addition to the regUlar montl~ly inatallments provided by
~ the mort6age note, and every such indebtedneas ahall bear intereat from dste at the rate of ten per ceatnm per annum.
x 4. That the abetract oF abetracta of tide coverina tlie mort~a~ed prnperhr shall at all timea, dnrin~ tlie life oi
~ thia mortgaae, remain in poaeesaion of the Mortgwgee md in ereat of tl?e forecloaare of this n~ortgaat or otlier transfer
~ of tide to the mortgaaed propertp in extiuguiahmwt of tue indebte~neas saured herebp, all ri~lit, title and interest
~ of tlu Mort~agor in and to any wch abatract of title shall paES to tlie pnrchYSes or o antee.
~ S. To the eztent of the indebtedneee of the ~dortaa~cor w the Mortsaaee described herein or aecured hereb~,
~ che Tdona~ee is hereby dal~m$.ced to the liea or lieas and to the riahts of tbe oMrnen and holders il~ereof oi each
~ and every mort~age, liea or other incumbnaoe on the lmd deatxiLcd lierein ~rLich is paid and/or eatisfied, in whole
~ or ia pact, ont of t6e prooeeda of the loan deacribtd herei~ or secured hereb~, and tl~e respectire lieas of said mort-
' aa6ea, liens ar other inarmbranca, shall be and the same and ac6 of them 6ereby is preservod and ~hall pass to md
~ be held b~ tlu Mortgagee herein u~ecarity f~r the indebtedneas to t~e Mortgaaee herein described or hereby ~ecared,
t to the s~me eztent that it Mrould ha~e beea preserred and would have beea paued to and beea hcld b~ the ~+Iortaaaee
had it bcea dnly and re~alarly aseianed, tranaferrui, eet o~er, and delivered unto the Mortga~ee b~ eepuate deed of
~si~amcnt, nM~rithstand~ the fact th~t the same may be Eatiafied and cancelled of record, it beina- the mtention of
the partiea hereto that the sawe will be satisfied and cancelled of record bp the holders thereof at or abont the time of
the recording of this mortaaae.
6. In the event the ownerahip of the mortgaaed pre~nises, or any part thereof, be~omea veatcd in a person othcr
th~n the Mortaasor, the Mortgasee nuy, ~rithont notice to the Mortaaaor, deal with such aucoeaeor or anecxeson in
interest ~vith refe~eace to t6ie wort~a~e and the debt hereby eecared, in t6e same manner as with the Mortaaaor withont
in ang w~y vitiating or diecharain the Mortae;or'~ Iiabilitp hereunder or upon the debt hereby sceured. No sale of ~
tLe premisea hereb~ mort~aged ~a~ no forbearance on the part of the Mortaa6ee, and no ezteasion of the time for t6e
gaym ent of the debt hereb~ ~ecared ~vm b~ tbe Mortaa~ee shall operate to release, dischuae, modity, chan6e or
afiect the oriainal liability of tLe Mortaaaor hertist either in whole or ia part,
The lien o# tliis mosta~e aeenres ~and ahaII oontinue ta stcare payment of aaid indebtedneas iwwavu evi•
deaoed, whether b s~id prnmiewry note or any reaewal or ~tension thereof or snbetimte tlierefor, or otherwise,
uLW all sach ind~tednas sLsU haoe bem fnllT paid. .
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8. T6e terms "Mortaa~r,or" aad "Mort~aaea" wheat~er ased in this in:trnmeat shall include tl~e heirs, personal
;r;; repre~eatati~es, aneceaeon and aaians of the reapect~ve partiea • hereto. ~here~er ased the sinaalar number shall in-
er
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y clade t6e plaral and tha pinrd t6e sinaalar, and the ~ue of an~ aeader ahall inclnde all aeaders.
9. It is coveaanted and aareed thst ahould tbe terms of a mortaaae wperior in diBniq to that of the herein de~
scribed most6iae be modified. aheced or varied, ~?ithoat the w~riuea oon~ent of the Mortaaaee herein, then and in
~I~ aach event the MortSa6ee herein map, at bis option, decLre t6e indebtedneas secared by this mortaa~e to be all dae
:~y~ and, p~~abla P~c4hb?it 1iG~ ~lr~b
i~ 10. Thia is a mortaaae upon the above deacril~ed property.
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