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HomeMy WebLinkAbout0105 . . , ~ Q. That (~1 fa the event oi any breach ot thia mortgage or defsult on the pArt of the Mortgngor. or ID1 la the event any of aaid aurru of money herein reterred to be not promptly and tuAy paid w~thin ten daya next stter the same severally become due and payable. without demand or notlce, or ~c) in the e~ent eac;: snd every the supulatlons. agreement». conditiona and ~h~enants ot said prom~ssoiy note and thia mo~tgage. any or efther. are not duly. prompUy and tully pertormed, discharfied. executed, ettected, compteted, complied with and abided by. then. in either or any such even~ the aaid a,ggregate sum m~ ntioned en sa~d promiss~ry note then remaining urpaid. with int~~e3t accrued, and ap moneys secured hrreby, ahaU become due and pa~•able t~rth~vith, or there- sfter. at the opUon of said Mortgagee, as tully and completely as if all ot the said sums of money were original~jr stipulated to be paid on auch day, anything in aaid pronussory note, and/or in thia mortgage to We contrary not- withstanding; and thereupon or thereafter at the option ot said biortgagee. ~~~ithout notice or demas~l, auit at law or in equity. tharetofors. or thereaiter begun. may be prosecuted as it aQ moneys secured hereby he~ matured prlor to its inatituuon. 4. Thst in the event that at the ~eginniag ot or at sn}r tlme pending any autt upon this mortgagq or to toreclose it, or to niosm i~ sad/or to enforce payment ot any claims hereunder. said Mortgagee shall apply to the court hsving iurisdicUon thereof for the appointinent ot a Recetver. auch court shaU forthwith appoint a Recefver oi said mortgeged property all and singular. including all and aingular the rents. lncome. pmfita. issues and revenuea from whstever source dertved. each and every ot which. it being expresaly understood. is hereby mortgaged as it apecificslly set forth and described in the granting and habendum clau~es herAoi. aad such Receiver sball hsve ali the broad and eftective funct[ons and po~vero in anywise entrusted by a court to a Receiver, and auch appointment ahall be made by such court aa an admitted equity and a matter of ab- solute right to aaid Mortgagee. and wtthout reference to the adequacy or inadequacy ot the value of the prnp- erty mortgaged or to the aolvency or insolvency of aaid Mortgagor and/or of the detendanta. and thst auch rente. pro8ta, income. issues and rerenues shall be applied by such Receiver aexording to the Uea and/or equity ot aaid Mortgagae aad the practlos oi auch courL above described any additional loans or future advances made within twenty years fro y the mortgagee to said mortgagors or any suc~.~essor in title of said mort perty hereby rnnveyed; provided that the total unpaid balance oi the ind ereby at any one t~me shall not exceed the maximum principal am _ . - ---------------._._.-----....r.....__..._..----• . . . _ . IMllars (s plus interest thereon and any disbursements made by the morigagee fur the pay- IId WTl`AIESB ~VHERP~OF~ t6e said Mortgagor has executed this mortgsge under seal on the day and ycsr herein lirat above ~nittea 3igned, ed and delivered in e preaence o[: . AL ) . ors ay ~ _ ~~~~t..~ ~ - - css~) Helen C. Forshay s~rw~ oF.........L.lo=id.a.._...-.--. ~ ~a _ . covrrrY oF.....Ma~.tin..........__._..._. • Betors me peraonally appeared..._~~.~ F FORSHAY and HELEN C. FORSHAY , his ~ ~~~qiPL€. , , ~~~o~~q,~~~1G~wn and known to me to b~ the individualSe. described in and who executed ihe fongoing instrw I :,f•~ ~owledged- before me thst C._he.~ e~cecuted~e for the purpoaes thnrein ezpresqed. . ~ ='J' ~ q~~ •v'~_r,s~s my t,sana aaa ot~cw seat twa.._....~~......~.. asy o* y_K~~...~ __..._.w i~ 69 ~ ~ _ - ~ ~ n ~ o S~ f? ' ~ 1. - : , F,~- Notary c in aad for ~o ~ 9 : ~ ' ~ ; r.. f: ~ ha~~` Mq commtssion expires: ~ ~ ~ ' '~$1'A'17C'tiF_...~._._._._.........._.~.____.__.... ltOTA~r ~URLiw iTAT OF OR~oA L...._2 + MY COMMISSION EXPIRES SEPL 5 1 Y77 E ~jJN'j'Y•.~'~Zi'.,,__.r........_~. ~ ~ iAlO ~ OIL~itINORl~ ! i Betore me peraonally appeared. _ _ - and.........._...__ to me well lmmpn aad know~n to me W bs the....._. dent an~ ~~~7 napectively oi the oorporation named ia the foregoiug instrument, aad knowa to me to be the pesiwu wfio v snch officers o! eaid corporatio~, executed the same; and tbea aad thers *.6e aa1d.__..__._._...r.. tlas ~atd aclmo~ovledas be~or~ ms tLat said ~ in~trument f~ the hee ~ct and deed ot said oorporstion by them sespecttve~? aceauted as aucb olIIoera for th~ pnrposes therein exPreased: tMt the seal ther~eunto attacbsd Is the oorporate seal by tbem fn like capadty d- ~xed: a11 uadas authorlty in them duly vasted by the Board oi Directors of safd corpontion. W1TNB.98 my haod and oteClil ~1 Ws....... dq _ i~~ aND ~ECOFQEO ~ S~~LUC~~ ~OVNTY. ~ Notary Publlc tn and for R E CC~O VERIr i~-_, tee camcr.na scste wro~a. ~ ~9~r~ 4 a~ RO~EF: "t=UiT~~~:~ ~ CLERK CIP.CUi i COUitj . 1'75?294 o R ~ sooK 176 ~cE 104 ~ sp.c.--..-'a ~ - Yti ~ ,?~^r _ ti » _ x:G'~ ~'~~~W'~.~~' 41~~'"~~'~ °c- . ~s .