HomeMy WebLinkAbout0906 (d) if by the order oP a court of competent ~uriadic-
tion, a truetee,~receiver or liquidator of the Mortgaged
Property or any part thereo~,~or of the Mortgagor ahall be
appointed and such order shall not be diacharged or die-
missed within sixty (60) daye aPter auch appointment; or
(e) if the Mortgagor shall file a petition in~bank-
-ruptcy or for an arrangement or Por reorganization pursuant
to the Federal Bankruptcy Act or any ~imilar~law, federal or
etate, or if, by decree oP a court of competent ~urisdictior~,
the Mortgagor shall be ad~udicated a bankrupt, or be declared
insolvent, or ahall make an assignment for the benefit of `
creditora,~ or aha~.l admit in writing ita inability to pay ite
debta generally as they become due, or ehall consent to the ~
appointment of ~ receiver or receivera of all or any pa'rt of
~ the Mortgaged Property; or
E ( P)_ iP any of the creditora of the Mortgagor aha 11 f ile ;
i
~ a petition in bankruptcy againat the Mortgagor or for re- ?
organization of the Mortgagor purauant to the Federal Bank- ~
ruptcy Act or any similar law, fedexal or state, and iP such
i
petition ahall not be discharged or diamiased within sixty
(60} calendar days after the date on which auch petition was
filed; or
( g) if f ina 1~udgment f or the p~ytnent of money eha 11 be
rendered againet the Mortgagor and the Mortgagor ahall not
' diacharge the same or cauae it to be discharged within sixty
(60) daye from the entry thereoP, or ahall not sppeal there- ~
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from or from the order, decree or proceas upon which or pur- i
euant to which eaid Judgment wae granted, baeed or entered,
and eecure a etay of execution pending auch appeal; or ~
. II-2
~oox 174 ~A~ 903