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Home My WebLink About0526 . ~ i d. That (a) !a the event oi any braach o! this mortgage or default on the part ot the Mortgugor. or Ib1 ta the event any ot said sums of money hereia reterred to be not prompt~p snd fully paid withln ten daya next atter the aame aeverslly become due and payaEle. without demand or notice, or ~c) in the eveat each and av~ry the stipWaUons. agreements, conditions and ~~ovenanta ot said psom~ssoiy note and this mortgage. ar~y ot etther. are not duly. promptly an~ tully pertormed, discharged. executed, eftecte~. completed. compUed wiW aad abided by~ then. ia either or any such evept~ the said aggregate aum mentioned in said pmmissory note thes remau~ing . unpud. with interest accrued, and aU moneya aecured hereby, ahall become due and pa~~abla torthwith. or Were- atter. at the opUon of asid Mortgagee. aa fully and completely as it all ot the said sums of money were originally atipuldted to be p~.id on auch day, anything ir. said promissory note, andior in th[s mortgage to the contrary not- withatanding; and thtnupon or thereafter at the option of said 1?Iortgagee. ~aithout notice or deinand. ault st law or in equlty. theretofors. or Wereafter beguri, may be prosecuted as it all moneys aecund heteby had matund prior to its instiLuUua T. That in the eveut that at the beginaias ot o* at aay Wae pnnding any ault upon thi~ mortgage, or to forecloae i~ or to reform !t, aad/or to enforos paymeat ot any cia~ms henundar. said Mortgage~ stu~il apply to the court having ~urisdicU~?n thenoi tor the appointment ot a Receiver. auch eourt ahall forthwlth appoint a Receiver ot aaid mortgaged property all and aingular. including aU and ali?gular the rents. income. pm8ts, i~eues and revenuc.s irom whatever aource derived. each and every ot which. it being expresaly understood. is henby mortgaged as if apecifically set forth and descriEed in the granting and habendum clauaes henoi. and such Receiver absll have all the broad and etfective functtons and po~vera in anywise entruited by a court to • Receiver. and auch appointment ahall be made by auch rnurt as an admitted equity and a mstter oi ab- wlute right to asid biortgagee, and w[thout reference to the adequacy or inadequuy of the value ot the pmp- erty mortgaged or t~ the solvency or iaeolvency of said Mortgagor and/or ot the detendants, and that such ! rents. protita, income, issues and revenues ~all be spplied by auch Receiver uxordtng to the lien aad/or equity ot aaid Mortgagee as?d the precUos oi sucb court 8. It is understood and agreed that this mortga~e is given to secure. :a addition to the note or obligation above described any additional loans or future advances made within twenty years irom date hereof b~~i~~u~~,~~ . mortgagee to ~aid :.~ortKagors or any successor in title of said raortgagoors of the pmperty hereyy~~q~p~~~C ~y~~y'' provided that the totai unpaid balance oi the indebtedness secured hereb r~at any one time shall d • the maxim ' ip~I,~amount oi ...__~11L._~"~Illl~~_~iSI.~~C~f1YB..."1 housand......-.-. ~o . (i.---rl,~y.~. W). plus interest thereon and aqy disbursements made by the mortgag~`~b . y b~; ment of ta~~. levies or insurance on the property encumbered hereby. with interest on such da e~ ~ - IId WT1T1F38 WHEREOF. the said Mo . ~ tp d~~ rtgagor haa executed this mortgags under seal on ths a~d ~I~ra~ Y' _ Ae flrst above writtea. ' ~ y~ ~C : ~ - s sealad and dcllvend in the pre,seacx ot: SPEAR & LYON GROVES, C:,, j) D~?~~l e'!'~~ ~~~as - - By S "''~•~...~r~••..,~ ; ~ : .~..~,~!=~-~n~e..._ A t ~ s to o a e Attest Seal Step n A. Sp , Secretary i . ; 8TA?E OF...»__._.__....._....»........ ? M. ~ COUNTY OF...___._.....__......._........._.._.. 1 Belore me peraoaally appearsd..--.-. ! i ~ I to me well known and known to me to be the individual.... described in and who executed ths iot+e lnatru- ment, and acknowledeed befon me that .__he.... executed the same for the purposes t,henin ezpressed. WTTNESS my haad and oiricial aeal this-._.----.._.__....._...doy oL.~......~..... 19......_ ~ ~ ` • i ~ Notary PubHc in sad for ~ , ; ~ ttu County aad Stste Aforesaid. ~ ~ My commiaeion ezpires: . ~ srw~ oF.___. F14ri~__..._._._._»~ Indi n River oovrrrY oF..._...._.....~... ~rar. ~e pe~on.uy ~pe.rea.._-.--.... A~red S. L on _ ~„~______~._Ste hen A. Snear , c~ ~ .mn ~ .na ~ known to me w be che.........._. __....._.......Preddeat an secretar~ - reapectively of ~.Q~r.~..~..~.~f.QU ths oorporatlon named in the fongoing ins4vmen~ and knovvn to me to bs tl~ perion~ wbo a~ nu~ olScsis of said corpont,bn. ~ e~cecucea che same: .na rvea .aa r]?srs Ws ,.fd.~~r~~~eY911. .aa the ..la , ....___......_......St..~hen A. Spear ~++w .~l.aae bacors me cb.c wa ~ inatrument fs the hee act and deed oi said corporatlon by them respsctivnty ezec~ted a~ such oiscers for th~ ~ ~ purposea therein expres,sed • that tt~e ~eal thereuato attached i~ the~po rate aeal bp them in lilcs cap~clty at- ~ fuM: a11 under auU?ority in them duly ve~ted by the Board o! Dlrectl~a"o! safd eorporattoa. ~ WTl'PTF$S my haad and o2t1Cia1 ~eal Ws._ ~ ~ , ~ `2'~~ ~+t' J ~~i~ . ~ ~ • ~ V: ~ _ ~ ; liC ~ ! t•. 2 - • ~toreiald, s ~ : ' May 26, 1969 ;Q; ; . . v~~~. • { . ~(Q' i, - , - OFF~~~A~ RE~ ~ . _ oR~ eooic ~36 n~~274 ~ - gooK~.53 526 ~ - - ~ ~a w.;~.,~. ~ - , . - } . ~ a> - -