HomeMy WebLinkAbout2047 revenues, thereof, from whatsoever source derived; and thereupon
it is hereby expressly covenanted and aqreed that the Court
shall forthwith appoint a Rece~ver of said mortgaged property, all
and singular, and of such rents, income, profits, issues and
revenues thereof, from whatsoever source derived; with the usual
powers and duties of Receivers in like cases; and such appoint-
ment shall be made by such Court as a matter of strict right to
the M,ortgagee, its successors, or assigns, and without reference
to the adequacy or inadequacy of the value of the property hereby
mortgaged, or to the solvency or insolvency of the Mortgagor, or
its successors, or assigns, and that such rents, profits, income,
issues and revenues shall be applied by such Receiver to the pay-
ment of the mortgage indebtedness, costs and charges according to
the order of such Court.
S. To perform, comply with and abide
by each and every the stipulations, agreements, conditions and
covenants in said promissory note, and in this deed set forth.
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IN WITNESS Wf~:REOF, its duly authorized
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officer has hereunto set his hand and its corporate seal this ~
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the 2~.day of July, A. D., 1966. ~
ASSOCIATED INNS, INC.
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BY: . (SEAL) ~
President ~ ~
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ATTEST: . ~
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Signed, sealed and delivered Se retary
in the presence of : ' - - ~ - ~ ;
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