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7'(1 mo'6. COLLE£TIONCOSTS. Irl.cruler hires art anoey assist In collecting any snnoun
<br /> nt due or efon:ing any right of remedy and.-. .Win Nesta,
<br /> NGBortower sgrcea to pay Lendcr's rcexonablc attomcy's few and collodion 004141.tike..tont pcmiittcd by hew,
<br /> 27, PARTIA1.11ELF.ASE. Lender may roleue its Interest ins portion oflt,e Properly by executing and recording one or mon partial roltwx widRwt
<br /> affecting Its Interest ht the remaining portion of the Property. Nothing heroin shall be deemed to obligate Lender to release any of lea Interest in ilia
<br /> Property, (except as regtdred under Paragraph 33),nor shall Lender be obligated to rolesm any part of the Properly I(Mollgagor is in default under
<br /> this MuRg.ga.
<br /> 28. MODIPICATIONAND WAIVER.711e modification or waiver of any of Mortgagor's Obligations or Lender's rights under this Mortgage must bo
<br /> eontainod In a writing signed by Lender. Lender may perform any of Borruwer's or Mortgagor's Oblieatana, delay or fail to exorc(se any of lit rights
<br /> or seccpl po(ymanis from Mortgn lar or anyone Giber tun Mortgagor withoul causing a waiver of Thom Obliyalons or rights. A waiver on one
<br /> Occasion shall not tonillaute a waiver on any fiber occoslon. Monga;or's Obligations tater Wls Mortgage dull not be affected i(Lender smanls,
<br /> cmnPrornlaw, cxcbangc4, fails to exercise, Impairs or rolasaes any o ilia Obligations belonging to any Mortgagor, Borrower or Wird party or any of
<br /> ins iglus sg.inst any MoAgagor, Borrower or third party or any or the Property. Lender's btlum to insist upon siriol performance of any of the
<br /> Obligations shall not be deemed a waiver,and Lender shell have Ilio right at any time thereafter to insist upon strict performance.
<br /> 29, SUCCESSORS AND ASSIGNS, This Mortgage shall be binding upon and Imtre to We bCACrIl or Mongsgor and Lender and their respcctivc
<br /> successors,asmilim,trustees,ccccivcn,adminixinturs,personal represcntat)vcm,legatees and dcviscca.
<br /> 30. NOTICES. Except a olherwise required by law,any notice or other communication to be provided under Ihlm Mortgage dull be in writing and
<br /> gain to Iha peril.. at Ilia addresses described In this Mortgage or much other address as the parties may designate in writing Prom time to that. Any
<br /> such notice so given and sent by first class mall,Postage, prepaid, shill be deemed given [be earlier of Wroa (3)days oiler such notice is um or
<br /> when received by ilia person to whom such notice Is being given.
<br /> 31. SEVERAn11.ITY.Wlicncvcr possible, each provision of This Mortgage dell be Interpreted to be valid and enforceable under applicable stat.
<br /> Irony provision of Ibis Mortgage vlololov the law or is uncnfurccablc,the rest of(his Mortgage shall continue to be valid and enforceable. �}
<br /> 32. APPLICABLE LAW.This Mortgago shall be governed by the laws of the state where the Properly Is located. Unless applicable law pn�lEr
<br /> ahorwise,Mangagor consents to ilia)urisdlclion and vcnuo of any court selected by Lender,In ler colt ducrotion,located In that state,
<br /> 33. NOT11111T-PARTI7UGIM.No person 14 orsilall be a dilnhparty bcncricisry ofany provision ofthe Mortgage. Allprovlsions orihe Mortgage in
<br /> fuvor of Lander art intended snlaly for Ilia benefit of Lander,and no I drd party dull he emlitled IG assume or expect that Lender will waive or consent
<br /> to ilia modification of any provision of fila Mortgage, in Lender's sole discretion.
<br /> 34. PRESERVATION OF LIABILITlAND PRIORITY,Without Woofing The liability of Borrower,Mortgagor, or any guarantor of the Obligations, or
<br /> any outer person (except a paean expressly released In writing)for The payment and parfurmanco of ilia 06ligaffone, and without affecting the rights
<br /> of Lander with respect to any Pniperly not expressly raltand in writing,mad winhoul Impairing, in any way Iho priority or this Mortgage over Ilia
<br /> htarost of any pardon acquired or liras evidenced by recording subsequent to the recording or this Mortgage, Lander may,either before or miller Ili.
<br /> tnalurity of ills Obligations, anal d wills notice or consenC ralease any penon liable far paymeni or perfurmence Of all or any pan or the Obligations;
<br /> make any agreement shoring ilio terms or paymenna
<br /> t or perronnee of all or any pan of the Obligations; exercise or refrain from excrsising or waive
<br /> any rigba or remedy the Lender may have under this Mongaye; accept addiilnnoh security of any kind rot any of ilia Obliptalions; or release or
<br /> otherwise deal with any real or personal properly securing the Obligations, Any psnon acquiring or recording evidence or any interest of any nature
<br /> In the Property shall be deemed, by acquiring such Interest or recording any evidanae thereof, to have ounatawd to all or any spell actions by
<br /> Lon b;r.
<br /> 35. VF.FEASANCE. Upon the payment and performance in full of all of the Obligations, Lender will execute and deliver to Mortgagor those
<br /> documents that may be required to ralaase,(Isla Mortgage of record. Mortgagor ahtR be rcsponsibk to pay any costs of recordation.
<br /> 36. MISCELLANEOUS. Mortgagor and Ltruler agree that tint Is of ilia umance. Mnngsgor walvex presentment, demand for payment, noliee of
<br /> didtnnur and protest •seepp( a4 required byy law. All raferorseeg in Mortgagor in this Mongaga shall include all persona migning below. Ifil,ero is mor.
<br /> than one Mortgagor, Iheri Ohllgelnrn aliatl be Joint and several. 'this Mortgage roprasents the Complete integn(cd unelcnlonding between
<br /> Mongtgor and Lender pensining to ilia terms and conditions hereof.
<br /> 37,-RIPIIIATION,IA'rillSkfORTGACESRCURRS AN AGR ICULTURAll I.OAN,MOR TGAGORAND LEND Ell WA(VEANYRIC HTEITHERPARTY
<br /> MAY I[AVIi:TO RIEDIA770N UNIIIIII.Tlili,ARKANSAS FARM 11dEDIATION ACh'ANO APPLICABLE LAW.
<br /> 38. APPLICATIONOF FORECLOSURE PROCEEDS. Tllo proceeds from the foreclosure of Ibis Mortgage and the Asia or ilia Propatty shall he
<br /> applied in the followingmanner: find,to the payment Of any balance owed for court Cosh; Ilion to commissions, irony,paid to ilia county clerk;Then
<br /> to reiniburso Lender Ior its expenses and costa of the sale or in connection wills securing, preserving and maintaining the Property, seeking and
<br /> Obtaining da appulnlmert of a receiver for ilia Property, (including, but not limbed to,aa0mey's i.e., legal expenses, Tiling few, notification costs
<br /> and appraisal cots);Ilion to Ilia payment of flu Obligations,and(lion to any Ihlru party ter provided by law. _
<br /> 39. JURY TRIALWAIVER.LENWIt ANT)MORTGAGOR 11 EREI)Y VDAIVEANY RIGHTTO TRIALRY JURY IN ANY CIVILACTION ARISING T
<br /> OF,OIL RASED UPON,1-111S MORTGAGE.
<br /> 40. ADDITIONAL TCRRIS.
<br /> Mortgagor acknowledges [hat Mongsgor has road, understands, and agrees to the terms and conditions of This Mortgage, and acknowledges receipt
<br /> bran exact copy orsame,
<br /> Dated this 7th day or September , 1999
<br /> MORTGAMR• L KHOUSE IMogTCAonR: LOCKHOUSE, INC.
<br /> Danny Dozie real ent Cathy D.,. er, Se retary '
<br /> MORTOAOOR: MORTOAOOR:
<br /> MORTGAGOR: MORTOAOOR:
<br /> mort'rOAGOR: MeiRTGAGOR;
<br /> rqo 4 as
<br />
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