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notes and this Mortgage, or either, are not fully
performed, complied with and abided by, the said aggre-
gate sum secured~by this Mortgage shall after fifteen
(15) days written notice of such default become due and
payable forthwith or thereafter at the option of the
- Mortgagee as fully and completely as if the said aggre-
gate sum was originally stipulated to be paid on such
day, anything in said Promissory Note or notes or !
herein to the contrary notwithstanding.
h) That in order to accelerate the maturity of the indebt-
edness hereby secured, because of the failure of the
Mortgagor to pay any tax, assessment, liability, obli-
gation or encumbrance upon said Mortgaged Property, as
herein provided, it shall not be necessary nor requi-
site that the Mortgagee shall first pay the same.
i) That if any proceedings should be instituted against
the property covered by this Mortgage upon any other
lien or claim, whether superior or junior to the lien ~
of this Mortgage, the Mortgagee may at its option
immediately upon institution of such suit or during the -
pendency thereof declare this Mortgage and the indebted- s
Hess secured hereby due and payable.-forth~~ith and may
~ at its option proceed to foreclose this Mortgage. ~
2. Zn the event there shall be filed a complaint to
foreclose this Mortgage, the plaintiff shall immediately and {
without notice be entitled to the appointment of a receiver
for the Mortgaged Property and the rents, earnings, issues,
~ income and prof its thereof, with the usual power of receivers ~
in such cases, and such receiver may be continued in posses-
sion of said property and of said rents, earnings, issues,
income and profits of said property during the pendency of
such foreclosure suit, and the Mortgagor hereby specifically
. waives the right to object to such appointment and consents
that such appointment shall be made as an admitted equity
and as a matter of absolute right to the Mortgagee, and
without reference to the adequacy or inadequacy of the value ~
of the Mortgaged Property or to the solvency or insolvency 1
of the•Mortgagor or any other-party defendant to such suit.
3. In the event the ownership of the Mortgaged Prop-
erty, or any part thereof, becomes vested in a person other
than the Mortgagor, the Mortgagee may, without notice to
the Mortgagor, deal with such successor or successors in in- ~
terest with reference to this Mortgage and the debt hereby
secured, in the same manner as with the Mortgagor without in
any way vitiating cr discharging the Mortgagor's liability ~
hereunder or upon the debt hereby secured. No sale of the
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BO~K342 P~E1789 ~
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