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The mott6a6or coven~nt~ and •6rea that if he ~h~:l [ajl to pay wid iadebteJ~e~ or an~~ parl the~eo~ wheo due, or ~hall f~il to perform any covenant or agreetnent of t6i~ ia~trumeM oc the promiswry note ~ccu~ed hereby. the entire indebtedaaas hereby ~ccured shall i~~mediately become~due. payabl~, and collectible without notice. at 1he optioe o[ the mort6asce or a~siRn~. regardlew ot m~turity. and the mortgagee or his awigns may betore or after entn• ~ell said property withoul app~~i~emeot ithe morl~aRor h~vi~R waived ~n~l aa~iKnrd to 11ie mort~taRee all riRhts o( appraiaement) : ' 1 t) at judici~l wle purtiuanl to the provi~ion~ of 28 U.S.C. 2W1 ~~ ~; ur (tt) at the optioa of the mo~aaee, either br auction or bp wlicitation ot ~ealed bids, [or the hia6e~t md bat bid complyin6 with the terms of ~ale and mamer of paymeat ~pecified in tbe publuhed notioe ot ~ale, Gnt ~ivin6 [our weeks' notice af the time. tern~s. and place o[ iruch rale, b~• adverliren~enl not la~. Ilun unce duria6 each ot said four weeks in a aew~paper publwhed or d'utributed in t6e county in which ~aid property i~ ~ituated, all other notice bein6 hereby waived by ihe mort6a6or (and ~aid mort6~see, or any pesson on behaU oi ~aid mortaaaee, mar bid with the unpaid indebte¢neas evidenesd by said note). Said ule s6a11 be held at or on the property to be ~old or ~t the Federal. county. or city oourthowe for the county in which the pcoperty i~ Iceated. The mortsa6ee i~ herebr authorised to e:ecute for an~ on behalf o[ the mort6aaor and to deliver to the pwchuer at such ule a~u~'icient ooaveyanoe of said pmpertr, wbich conveyance ~h~ll contain recibb a~ t~ the h~ppeains ot the detault upon which the e:ecution oE the power of sale herein sranted depends: and the ~aid mott6a6or herebr cotutituta and appoinb the mort6~6~ ~r ~r ~6~at or attoraey of tlie mortsaaee. the a~nt aad attorney ia het of said mortaa6or to make ~uch rccitaL aad to execute said ooaveyanee and herebr covea~ata and a6ree~ that the recital~ w made ahall be e6ectual to bar all equitr or ri6ht of redemption. homestead. dower, ~ad all other exemplion~ oi the murlKaKor, all oi which urr I~ereb~ eapnaslY waived and conveyed to the mort~apjee; or (w- ta1~e any other apprupriate action purewnt to sta~e ur l~'ederal alatulr rither in etalr ur l~'edrral court or oth~rwi~e for the diapo~ition of the prnperty. ~ ' In the event of a~ale u heninbe[on pmvided, the mortgaaor or any penons in powasion under t6e mort• ga6or ~hall then become and be ten~nts holdin6 over and ~hall forthwith deliver poeseasion to the purchaser ~t auch sale or be summarily d'upoeses~ed. in aceordance with the pmvisions of 1aw applicable to tenrnt~ holding over. The power and agencr hereby granted are coupled with an iatere~t and are irrevocable by death or uther.vise. an~l are aranted u cumqlative to thr remediea for collection of uid indebtedncss provided b~ law. ~ 4. T6e prooeed~ of any wle oI wid pmperty in accordanoe with the pncedia6 para6raph~ shall be applied 6r~t to pay the owN and e:pen~ea of ~aid u~le, the espea~d incurred by the mortgaaee for ihe purpo~e of pmtectin6 or main- tainina said propertr. and nasonable attorneys feea; secondly. to pry tl~e iudebtedneas secured hereb~~; an~l thir~lly, to pay any surplus or e:ceas to the penon or persons legally entitled thereto. S. Io the event ~aid property is wld at a jndicial foreclwure sale or punuant tu the power ot sale hereinabove 6ranted, and t6e procecda are aot ~ul6cieat to par the total indebtedaew ~ecured by this iwtrument and evideaced by said promiawrr aote, the mortaagce Mrill be eatitkd to a de6ciency judpneat for the amonnt uf the dtfEcieacy witkout re~wYl to spprsi~em~lt. . ' 6. In the event the mort~agor fails to psy any Federal, state, ur loc~l tas aeseasmeut, iacome t,~x or uther taa lien, char6e, lee. or other e:pense charged againat du psoperty the mort~aaee is hereby authoriud at hi~ ~ption ~u pay the ~ame. My sumi w paid by the mortgaaee shall be added w ~ad become a part o[ the principal amount of tl~c indebtednw evidenced by ~aid note. subject to the same term~ aad condition~. If tbe mortsaaor ~hall par and dirchar6e the indebtedne,~s evidenoed by ~aid pmmi~wsy note, and shall pay such sum~ and shaD diichar6e all tua and lieas and tbe costs, feea, and expea~e~ of makic~, eaforcing, and esecutina t~w mortgaa~ thea dw mortaaae •h~ll be csnceled and sure+endered. 7. The covenanb herei.o contained ~hall bind and the bene6b and advaut~ga rl~all inurr Iu ~hr rre~live ruc- ceawn aad aai~ ot t6e paetie~ hento. qhenerer wed, the ~inaular nwaber ~hall include the plural, the plural tbe .in;nLr, and the u~e ot m~ 6eader ~ball inclade all 6eaden. 8. No waiver o~ any coveaant herein or of ibe obliaation recurrd hereby sh~ll st ~n~ limr therr~l~er be held to be a waiver of the ternu hereoi or of the note ~ecured hereby. 9. A jndicial decsee, order, or jud~nent holdina any provwon ur purtiou of thir iurtruwent invaliJ ur uucu- forceable shall oot in any w~y impair or preclude the eaforceme.r~t o~ the remainin~c ~~rovisions or ~artion~ of this inattam~aL g 10. Any attttea ootioe to be ia~aed to tbe mort6asor purwant to the provi~icas ot thL inrtn~mwt aha11 be ad- ~ dreredtoUN+awetp~or~t Sb66 W. Schultz Rd., LaPorte, Indiana 46350 ~ ~ad m~ ~re~itteo notiee to be i~we~ to the moetaa6ee ~6a11 ,~ be adde~e~ to t6e mortaaaee at 515 Franklin Square, Michigan City, IN 46360 ' ~ ~1 OPO ~21-=+• . a~347 P~~E~?9p ~ SeA -Gitw 9ze t2-73) ~ ~ t -•' ..F ~ ~- ~s ' ~""?,~uva.?~"r"~3+~s..~'-$~.ia ~'-?~~ ." ' ' -~r, ~z`s~~ _.