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~'Aat ( a) in the event ot any breach ot thia mortgage ~r dei~ult on the pa: t of the 1?tortgag ~ 3o~r 1 b) tn j
the event any of st?id sun~ of money herein re[erred to be not promptly and lully paid w~thin t!~ daya r.ext
uter the ~ame aeversqy become due and payable, without demand or not,ce, ur lc) in the event each and e~•ery ~
the aUpulations, sgreementa, condiUone and covenanta of said prom~sso~y note and this mortgage, any or either,
are not duly, promptly and fully pertormed, d?scharged, executed, eifected, completed, complied w7th and abided 4
by, then, in either or sny such event, the su~ aggregate sum mentione~ in said promissory note then remaining
unpaid, with intr.rest accrued, and all moneys secue•ed hureby, ahall become due and payable forthwith, or there-
stter, at the opUon oi said Mortgagee, as fully and completely as if all ot the said sun~s of money W~ere originally
stipulated to be pai3 on auch day, anything in said prornissory nota, and or in this mortgage to the contrary not-
withstanding; and the:~eupon or thereafter at the option of said hlortgaget, ~~•ithout notice or demand, suit st ~
law or in equlty, theretotore, or thereafter begun, may be prosecuted as if all moneys secured hereby had maWred
prior to ita instituUon.
7. Ttxat in the evnnL Lhst st the Dcginning of vr at any time pending any autt upon thls martga,ge, or to
larecioae it, or to reform lt, and/or to enforce payment of any clsima hereur~der, ~aid Mortgagee ahall apply
to Lhe court having juriedfction thereof for the appointmer.t of a Receiver, auch court ahall forthwith appoint
a Receiver of aaid mortgaged property all and singular, including all and aingular the rent~, income, profib,
iaeuea and revenuea fram whstever source derived, eaeh and e~•ery of which, it being expresaly underatood, Ls ,
hereb;~ mortgaged a~ i! specificslly set forth and described in the granting and habendum Clausea hereot, and i
such Receiver shall have all the broad and effective functinns and pu~~:ers in anywise entruated by a court S
to a Fttceiver, and such appointment ghall be made by auch court as an sdmitted equity and a matter o! ab-
eolute right to aaid Mortgagee, and without reference to the adequacy or inadequacy of the value of the prop-
erty rnortgaged or to the solvency or insolvency of eaid btortgagor andfor of the detend~nts, and that auch
rents, profits, income, issuea and re~•enues ahall be applied by such Receiver according Lo the lien and/or equity
oi said Mortgagee and the practice of such court.
8.
above desrribed any additional loans or future advances made within twenty years f eo by the
mortgagee to ~aid mortgagors or any successor in title of said mort property hereby conveyed;
provided that the total unpaid balar.ce of the indeb ereby at any one time shall not exceed
the maximum principal amount - Dollars
(g us interest thereon and any disbursements made by the mortgagee for th2 pay-
es, levies or insur •
IN WTTNE58 WHEREOF, tha sald Mortgagor hae axecuted thia mortgage under ecal on the day and year
heroin fint above writtea.
5lgned, aealed and delivere~d in the presence ot:
.
' OBER . C LL
! / /(t-'L L!-~ ~ eC'77 C tZ--~~
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MACK CHAPPELL
NOR GAROLIN
STATE OF.......-•••-•-••••• • • -
~j M.
COUNTY aF~l...~.I;~~,jl~! ~
, :
~~~~Y ap~,~..__. ROBERT M. CHAPPELL and MACK CHAPPELL ~
;:r~ ~ ' : `
- . ~ .
ti
~
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~own ancl know~n to me to he the individual.S described in and who executed the foregoing inatru-
~w~edged before me that .the..~ executed the same for the purpo~en ezein pressed.
= ~ `G ~ ~ ~ ~ SS my hand and official eeal thia.... ~
~._~..........day o . ~~:rl. ~t..Y: 19...~ ~
" _ ~ - -
, _
~ ~ ~e O~i~t lYli ~ "
. / ~ ~ A~ /~~y~ f
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~ . ~j / / ."(.~Lr ~.~.L/.•'.~~.~.. r1..il-L~~J....f.~
~~.•~~~~~~~I~~~^~i•. i
~ Notary Public in and for
•'f~~.~~,o~a~y Sea~.) the Caunty and state wloresaid.
- My commiesion expirea~ Oak~Ae.r 8, lpei
$TAZ`~ OF
as.
COUNTY OF
Beforo me personaliy sppeared
an~ Lo me weU known aad
known to me to be the ..............._............•--........Prealdent and...._......................_..................._......._..............._...._... ~ecretar~
respectively of the Carporatlon
named ia the foregoing inetrument, sad known to me to be the peraons who as auch o!licera of said corpoty?Uon,
executed the aame; nnd then and there the raid ..................._....--•-•....._••••-••---...._......._.._....._.._..........................and the said '
i
. ....._...._.._....~..._.._...._....._._......___did acknowladge betors me that eatd ~
~ instrument ia the free sct and deed of aald corporation by them reapactively executed as auch vfiicere for ths
puc~posee therein expreased; that the eeal thereuntn attached is the corporete seal by them in lilce capacity sf-
tixed; a]1 under authority ia them duly vested by the Board of Dtrect,~rrrs of eaid corporstion. ;
;
~
WI'I'IVE.58 any hand and otriciwl ~eal thia......•--...._..~_._...day of......._..--••~ 1D-•--_ i
t
.
;;.`1,~•': ~~~'f~'~~. R~ ~~~p~~~ Notaxy Public tn ~and for..__
, Cy ~ •~,~:~~r{ _ ~ •
. . ~ ~ , ~ ~ D ~ ihe County snd 8k.ate Atoresatd.
_ " ;
~ r_ . t ~ =L . My coaxa~isadon expLres:
_ • , . : . ~ $ A~ 9 35 ~
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