HomeMy WebLinkAbout1290 e , ' .
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I a, T~t (a) ln t!a ~vent oi an~? br~tih ot this most~~ or defaWt oa the part o! t2~ Mort~ugor. os lb1 ta
c?~e .~enc .w? oc ~a su~s or ~oner n.n,n ~er.rna w ba not ~~pW? ana r~,uy ~a w~c~un ~-d.~..~w.Mc 30 days
r1eXt ~~,e= W~ sam~ severWy bocome due aad paysbla ~??iWout deman or aotice, or lc) in tM event eacb aud ~var~r
tM ~tipulatious~ agreemet~ta. conditlona aad ~~ovensnq ot said promiuory ~ote and thii mortgage~ any os elthe~.
ae~ not duly. PrompUy aad tully pestormed. dtschnrged. executed. effactai~ completed. compUed with asw! aDlded
by~ then. in eitMe or an~? such event~ the sstd aggre~sta aum menlioned ta said prnmlasory not~ thea semainin~
nnpaid~ with inWreat accrued. and W moneys secured hereby. shall becoms due and payable forWwith. os thera
atter. at the optlon ot aald Mortgagee. as tully and completely as tf all ot the asid sums oi money wus orlgtnal~
stipulated W be paid oa such da~~?. aqytlUng in said pronUasory note. and/or in thb mortg~e to the contruy notr
wlthstandins; and theraupon or thereatter at the optioa ot eaid Ikto~tgagee. without notice or demaud~ ~uit at
La or ia eqult,y~ th~reWfor~„ or thereatter Degwti msy bs prosecutod a~ ii all moneys sscured bereby had matttred
prlor W it~ inttiWtlon.
Z. T!?at W tM ~vent tl~st at the bsglnnina ot or at aqy tlm~ pendiag any ntit upon thls mort~a~~. or W
lorsclo~s i~ or W retoraa 1t~ and/or to eafora p~yment o! any cWuu hersundsr, said Mortaa~N ahall ap~~j?
W the court luvin~ iurisdicUon theraot for We appointrnent ot a Reixlver. suc :~ourt sbaU forthwith appoint
~ Aecefver of said mortgaged propsrt,~? all and singular. including all and siA~ular the rents. iacome. proSt~,
Uwp and ravenues irom whatever ~ousos derived, esch snd every ot which. it beiua expt~essly undesstood. L
bereby mortgaged a~ i! ipedfically set iorth and described in the grantiug and habendum clausa hareot. a~W
auch Recetver ~Lal! t?sv~ all the brwd and etfective functions and powers in anywias entru~ted b a court
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to • Receiver. aail such appointment shall be made by such court as an admitted equity aad s tna ter ot ab~
aolut~ rl~ht to satd Yortsages. aad a?lthout nference to ths adequscy or inadequacy of ths value ot ths prop-
ertp mor~a~ or to the aolvency or InsolveACq oi qtd lr[ortgagor sad/or ot the defand~at,. sad tLat auch
rents, pro~lts. incorna issues and re~ enues shaU bs applied by such Rccelver aooordtng to th~ ltea aaQ?or equit7
a[ aaid Yortgagee aod ths practlos ot such oourt
above described aqy additional loans or future advu~ces made within twenty 3 ea the
mortgagee to said mortgagors or any successor in tiUe oi aaid m rty hereby conveyed;
provided that th! total unpaid balance oi the ' ereby at any one time shall not esceed
the maximum principal . Dollars
, p us interest thereon and aqy diaburaements made by the mortgagee for the j?ay-
II~i W1TP1~S8 WA~R~O~'. tbs said llortgt,~or ha~ e~cecuted tl~ mott~age under ssal oa tbs da~ aad year `I
haeia lfrat abo~~ writt~a
8lsasd, sealed vet+sd ia the presence ot:
~ . . i:~S~1L )
og r off on, as r stee
A. Batti ton Jr.
. .
BTATE OF._ ~ ) ~ ~ -
, _ _
ootn~rr~r oF.....2.
Beto~+~ ms per~o~aU7 sPPeae~sd. ~C~ T-'i'QF.F.~~~~L~ ac Tri~c1-E?F?
v.5 ~ ' •
f_~
•'~~1'~ ~ ~
~~~M~I~p. and known to me to be the individual.... descdbed in aad who execnted U?s longolag insW-
~~;,~;~R'~'p^ •+1Fi4A~8~ before ms tt~at .~a... executed the saa?e for ths purpoees thee~eia ezPre~sed.
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~:r ~1~11T~1$~$my haad and oitlcial seal this.._.a~.....~
day o* Marc~h 1~69..
~ ~~ti:-. c i _ : -
~:~:k-:o. ~,:Q- ~
. =
~ - une orrissey
~ , r ~ " : = otary Public ia aad for
`~G~~ ~ the Count~? aad State Atore~W./~ _
Y• -~~y ~ a ~„Lc^ ~[y OOII1II11sdOII lZpit~E~: / 3/ 3 f/-~? a
' . s/.
Qp OF
, Before r~o~auY aPP~----------- _
aad._...._.._..__ -LO m~ wdl lmo~wn aad
knovvn Lo ms W bs the.....-. deut ~~~7
respectlvelr of tb° °°rp°rstl°°
named in the fose~oint irutsum~n~ aad kaown e to be th~ Psrsoas wbo a~ snch oftfwn o! ~aiQ oa'Po~atioo.
ezecuted the same: and thea aad th~rs the satd......~.».. th~ ~
ael~t~awledEe b~tor~ me tZ~at ~ald
1nsWment is tbe free act md desd of uid oorporation by them 17 esecuted a~ mch ofnoszs for tb~
purpo~e~ tla:ein exPre~: that the ~eal t~ereuaW sttached 1~ tls~ oorpo bal b1 the~ ia lfke oaPacit7 at
flzed: a11 wider aatheaiiir in tbwm du11 wsted by ths Board o! Disectois oi
Wi'rNZS$ m~? tiand iad ot!lclal ~eal *w+• "1~..._._
FIl.EO AN ~oUN
pY pR
p,
ST. lU CIE \'E R:=' ~t7 a~nd
sta~t~ wtora~atd.
R£CER.: ~
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'fi9 t~ Z~ PM _ )
o~
~E~ ~o+T~s
CL RK CIRCU1T COUR7 ~ R~~
eoaK
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