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'i owi u n the said mo
8~ ~ po ~t~ed promues ~t the tLne of fiting sult foc forecloauo hereof and lhereafter, and all of the rents,
iuua. and profiu of the taid moctg,taedprertuses unpaid and uncollected at the time of filing suit for forecto:ure hereof and
thereaftet, and upot? fUin6 sult for fotectosuta~ o~ at iny time therwfter.'econd ~+arty shaU be entitled to have a reoe;ver
; ~ppointed to take chuge of the said matg~ge pr~mises and ~he cro~ ~own or growina thereon, together with the said ~ents.
iswe:, and proRtt ui~na therefcom and hereby au~ned. u~d hdd the tame wbject to the ocder and d'uection of the oourt.
Fint p~rty oov~enants that ha wilf not perform say set which might impair or tend to impa'u the continiution on
~ 11?e propetty herein desc~bed of al1 ctop aUotments and acre~ge allotments ~ow estabWhed or hereafter eatabli~ed on any of
; the propetty l~erein dacribed.
~ 11(~). In the ev~ent ~eoond puty beeome= • pdrty to any kg~il procxeding (excluding an ~ction to foreclose this
~ mortga'e or to oollect the debt hereby secured), invotvin` thi= mortgage or the premises de:cribed herein (inctuding but not
; limited to the titk to the landi de:cribed abov~e). ~eond party may ~lso recover of f1r:t puty ~ll cast: and expen:e:
~ reasonably incurred by the mort6agee, iaduding s rea~owbb ~ttorney': fee. which costs, expenus and attorney': fa when
f paid by ~eooad puty ahall become a put of the debt iecured henby and shall be immcdiately piyable upon demand, and
~ slutl dnw interest trom the date of advana by ~oond puty unU7 pud ~t the higlten rate provided in any note or other
~ instrument secured lureby. .
; ll(b). ta the erent :aid debt. or iny psrt thereof, n ~stablt~ed by or in ~ny action fa forcclosure of thi: mortgage,
second puty mty ~bo reoov~er o! lUst patty, in addition to the said debt or so much thereof as shal! be unQaid, a reasonabk
i~ toe for the attoraey of uoond puty for professional service: rendered in such action, such fee to be incorponted in the
decra of fonclown in wch sction.
12. First party shaU hold and enjoy the taid premi~es unW defa4lt in payment of any of the instaUmen~ as provided
I in said note or other instruir~ent stcured f~ereby or a breadt of any of the cavenant: or oonditions of sald aote or other
'i iattrument ~ecured heraby or this mortgage shall be m~de; however. any sgent or employa of seoond puty or any penon
I designated by seoond p~rty may eater upon said pnmisa at my tim~ fa the purpose of inspecting ume or for auy other
i~ purposet desired by ~eoond party. °
t 13. Ait amount= that may hereafter be awu~ad fa coademnation of, and w~ste and tortious injury to, any o! the
i~ property henby encumbered ue hereby atsigned and shall be payabk unto second puty !or ~pplication, after payment
;r thecefrom of attorney's fee= and expeases incurnd by first puty aad by ~ecoad puty in oonnection therewith. on wch put
of the indebtedness secured hereby u second party may determine, with no duty on seoond puty to ooUect urt~e.
14. Fir:t partY agrce: ~ a condition hereof that all oblig~tioru, astigiunents, relwse: of nal property and/or personal
;i liability, ~rtiutions, renewala. deferments, extensions a any other agreemeat, in writing, made by any i~r~e a mon of
I! tha parties l~reia designated as first puty with second puty ue hereby authorixed and consented to by all puties herein
de:ignaud u fint party aad shall axtend to and be binding upon the hein~ executas. administrators, successois and assigns
of aU the pariias henin des,i~nsted u fust pury.
iS. First puty agrees u. a condition hereof that if a conreyana, la:e or other disposition should be made
':i v~luntuily by fint puty (a• by any one a more of the parties designated herein as fuat party) ot any title or interest in and
!j to the ral property des~xibed above, or any psrt thenof, without the written consent of the lawful holder of this mortgpge,
or if such titk or interast of firn puty_(or aif any one or more of the parties designated herein as fust puty) is involuatariiy
oonv~eyed or transferred u the result of laeclosure of a junior lien or is required under oourt order or decra as the re.sult of
' 4tig~tion (conv~eyance a tan~fer of titk or interest resulting fmm death of fuat party, or any of the fust parties, if more
ttian one. exapted). witdaut the written oonsent of the lawful holdet ot this mortgage, then and in either of said events, and ~
at the option of said holder, snd aithout aotioe to the fust puty, all sutns of money secured hereby shall become due and
p~yabk and in default imtnediately and ooncurrontly with auch oonv~eyance, transfer, leax or other disposition. whether the
nme ue so due aad Qayable and in default b the specitic tarms hereof or not.
16. Second puty shall have the rig~t, exereisable at its discretion so long as this mortgage is in-force and effect, to
deniand in writing the astignment of and tranafer to second puty, its successors and assigns, and fust puty haeby agrees to
' so astign uid tr~nsfer, any and aU renta, profits, royalties, income or other consideration to be paid or accruing to fust Qarty
' from any oil~ natunl gas, mu~eral, tenber, kasehold or other interest of any kind and nature whatsoever, derived from, +
oonnected with or affecting the within descr~bed real property but not otherwise subject to. oomeyed and/or secwed by this ~
; moctga~e, with the right of, but no duty upon, second party, ita successors or assigna, to collect sazne. ~ i
; 17. First puty ~viU compiy with all the terms and conditia~s ot any instrument heretofore or hereafter executed by
ferst party in connection with the loan(s) secured by this mortgage.
~
i 18. A default under this instrument or under any other instrument heretofore or hereafter executed by first
'j party to second party shall at the option of second party constitute a default under any one or more or all instruments
~ executed by first patty to socond party.
; 19. If furi puty (or either of them. if more than ane), his heirs, successors or assigns, or any assumer of the
indebtedness hereby aecured, files a petition in voluntary bankruptry, for receivership. for corporate reorganization, or for
other debtor relief of any character or kir~d, or is adjudged a bankrupt, then and in the event, and at the option af ihe :econd
puty, its woas~rs and asaigns, th~ seoond party, without notice to the fuat party, shali have tha right to declue aU sums of
money ~ecured hereby ~diately due and payabk u?d in default whether the same aTe so due and payable and in default
by the sp~cific terms hereof or not.
20. Tltis instrument is subject to the Fum Cndit Act of 1971.and all acts amendatory thereof and supptementary
thereto, and regulationa iuued thereunder. All rights, powers, privileges, options and remedies conferred upon and given to
secaid party are cumuVtire of all other remedies and rights allowed by law, and may be punued concurrently, and ahall
extend to and may be exercixd and enjoyed by the wccessors and assigns of second party, and by any agent~ offiar,
attomey or repre~entative of seoond puty, its successors or assigns. All obligations of. and assigaments by, fust puty herein
and hereunder shall extend to and be binding upon the heirs, execntors. administrators, wccessors, and aaugns of fust puty.
IN WI7NES5 1A~~REOF. C~rst puty has hereunto xt his hand and seal (and if fustparty is or includea a
' corporation, it has caused this instrument to be executed, xakd by its corporate seal and delivered by its duly authoriud ~
offiars), this the day and year fust above written.
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~ Signed, Sakd and Delivered ~
in the of:
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