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14 It the indebtednes-a secureJ herebp is-t~ow or herostter turther secured bp che?ttel n?ortgsgee, seourity int,ec~ts. pled~.
oontraata ot guarsnty, aasignmentx o[ leasea, or otl~er securities. or it the premiyes her+eby e?wembered oonsiats ot u~ore ~hsn
one psrael, 11~fortgagee msy st ita option eahsust any one ur more ot aaid aeourities snd seourity hereunder, or ruch ~rcels ~
ot the seaurity hereunder, either a?ncurteatly or indepeadeatly. ~ttd in suoh order ae it mwy detera~iue.
15. Uponrequest o[ Mortgs~e~or. Mortg~gee m~y. st ib aole o tion. tmm tune to time betore [ull ps~ymeat ot ait indebtec~
ness aaoured h~nby, ms~e furt6er advaaoes to Mortgu~or; pmvidec~ howaver. thst the W W prinoipal aeonred hentiy and reau?in-
in8 nnpaid. inolnding ~ny auoh sdvsacee. shaU not stua~nq Ume ezoeed the ~ prineipal sum seoured heceby. M,~rtgagor s6aJ1
ezeoute and detiver to Mortgs~ee s note evideneing c~eh ~d every such ther advanoe whioh ~iortgag~ee ma,y wice, suah
note to be psyable on or betore m~?turity d the indebtedneea ~eonred hereby and to ooniais sueh terms as Mortgagee ahall
t~eqnira. Mortgagor shsll pay a11 auob turther advanoes with interest~ and t6e same, ~nd esoh note eviden m'ng thsasme. shal!
be eeeared hereby. All provi~om at ihis mortgsse ahaq a pt~y b e~eh tnrth~ advanoe as ~rell ae to all oEher iadabtednees `
aeaured hereby. Nothiog hecein oontained. however. st~ timit the amonnt seoured by Wi,s mortq~ d snoh smaunt is ~
in~essed by advanaes made by Morcgag~ee. as herein elsew~here pro~
ped~ pmteot Lhe a~eourit~. Tlie word "Mortgagor" .
aE ~+d in thi~ p~aph, inolndes aqy suoeeeeor in ownership of
16. No delsy by Mor in ezensising anv ri~6t or remedy hereunder. or othenrise aQorded by lsw. nhsll operate as a ~
waiver thereot o~rpreclude e exemiee thereof dunng the oontinusnoe ot sqy defsutt hereun~ler. Yo w~ivec by Mortga+~ee • ~
ot any detault shall o~natitnte a vrsiver of or oonsent to su~ uent defaulta. No failare oi M to ezeroine sny opt~on =
be~ein gioen b aooelerate matnrity of the debt hereb~ seuured. oo tabe~ance b Mortgagee~or a[tet tha exerctse c~t
suoh option tuid no withdrawsl or abandonmeat ot foreolosare prooecdings by ~o~psg~ shsll be tsken or a,natrued ss s
waiver oi ita rigbt to ezereise auah option or to acce:erate the msturitp of the debt Lerebq secured by ressoa ot any past,
present or [uture defsult on the pa~rt of Murt~ur• snd, in Wce wsnner. the proeuremeat of iosutsnoe or Eha psyment of ts=ee
or other Lena ot chsrg~ee by Murtgagee ahsll not be tsken or oonstrued ss s waiver ot ita riYht to sasel~ate the m~?turity ot
the debt herebp secured. - •
17. R'it~hout aSevtu'~g t6e lisbility ot hiortgagor or aay other person (except any per+aon expressty relessed in writing) [or
psyment ot sny indebtcdness Becured herebp or for performanoe ~of s~y obligstiun contained herein, snd ~rithout affeoting the
r hta ot ~ior i ;
ig tgageu with iespeci to any security not expr~,lq relebged in ~rriting, Iliortgagee may ~ at a?ay time and from iime
to time, either betore or after the matunty o[ said note, and ~rithoat notioe or oonsent:
(a) Relesse ~wy peerson liab]e for psyment af sll or any patt ot the indebteclness or for perfonnanoe of snq obligation.
(b) Mslce any ngreement exteading the time ~r otherwise altering the terms ofps
ymeat of sU or anp p~tt o[ the
indebtedness, or modif in or wai ~ga ' g. S ng or oiherwise dealing w~ith the
lien or c y~ ~~y °bl' t~on. or subordinstin m«!if ~
hsrge hereof- F
(e) Exercise or t~frain from exercixing or aaive any right Mortgagee rasy h~ve. !
(d) Arcept addiiional secutity of any Icind.
(e) Helea~e or otherwise clesl ~riW any property. res! or personal, securing the indebtecit?ess, includiag aU or any psrt
of the prr~pertp mortgagcd h~eby.
18. Any agreement herea[t~ made by rtortgagor aad Mortgagee pursuanC to this mortgage ahall be superior to the rights ot
the 6older of any intervening lien or encumM~uoe.
19. Mortgagor hereby wsives all right of homestead ezemption in the property aubjeoC to this mortg~e. ~
Z0. The covensats and agr+eementR herein ooutained shaA biud uud Ehe benefite and sdvsnt~ges s6s11 inure to Werespea-
tive heira. executora, admiiustrators, successors and sss~'gns of the parties hereto. Wherever used. the a?~~ number sLall
inolade the plural, the plurat t6e singular. and the use of sqy gen~t~+r ahatt be spplieable to a11 genders. Al! onvenauta, agree-
meata and nnderWdngs ehall be joint arul several. In the event sdditional numbered oovea~wta are tor oonvenienee insected
in this martg~e follov?in~ the legal description. such additional ooveoant,s shall be read aad ~v~ effeat ~e thongh [olbwing -
thie oovenaati m oonaeout~tre order~.
IN -~tI~IBSS ~F, the Nortgagor hsa s~cscuted th~se presente the da3r and y~r
first above xri.tten.
GA~Dit aI~JVE3~ a da (igneral Partnership
Sign , s delivered
iti the en e i i,, t~
Char ea M. Ca~p ral Partner ~
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L - ~ ~ ~
~ ~ • eral Partner s;
t
~ sa to all. / t'
~ Helen K. Braatdns General Partner
, ~ ~ ~
~ ~
?haaes . NeFrsderi Geaeral Partn-
er- ~
. ~%i~s ,
iaat . eat ceneral Partner
E Px P!~GE ~
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1•
Attorney tor NICAASL J. ~AI+t, pursusnt to
that certain Power of Attorae~r dated 7f~-
dune, z976 e.nd given by Nichae2 J. Bgan• ~
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